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FDIF vs. FDTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDIF and FDTX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

FDIF vs. FDTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptors ETF (FDIF) and Fidelity Disruptive Technology ETF (FDTX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

FDIF:

12.72%

FDTX:

12.89%

Max Drawdown

FDIF:

-1.02%

FDTX:

-0.38%

Current Drawdown

FDIF:

0.00%

FDTX:

-0.38%

Returns By Period


FDIF

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

FDTX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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FDIF vs. FDTX - Expense Ratio Comparison

Both FDIF and FDTX have an expense ratio of 0.50%.


Risk-Adjusted Performance

FDIF vs. FDTX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDIF
The Risk-Adjusted Performance Rank of FDIF is 5353
Overall Rank
The Sharpe Ratio Rank of FDIF is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of FDIF is 5252
Sortino Ratio Rank
The Omega Ratio Rank of FDIF is 5151
Omega Ratio Rank
The Calmar Ratio Rank of FDIF is 5555
Calmar Ratio Rank
The Martin Ratio Rank of FDIF is 5252
Martin Ratio Rank

FDTX
The Risk-Adjusted Performance Rank of FDTX is 3838
Overall Rank
The Sharpe Ratio Rank of FDTX is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of FDTX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of FDTX is 3838
Omega Ratio Rank
The Calmar Ratio Rank of FDTX is 4141
Calmar Ratio Rank
The Martin Ratio Rank of FDTX is 3636
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FDIF vs. FDTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptors ETF (FDIF) and Fidelity Disruptive Technology ETF (FDTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.



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Dividends

FDIF vs. FDTX - Dividend Comparison

FDIF's dividend yield for the trailing twelve months is around 0.45%, while FDTX has not paid dividends to shareholders.


TTM20242023
FDIF
Fidelity Disruptors ETF
0.45%0.00%0.00%
FDTX
Fidelity Disruptive Technology ETF
0.00%0.00%0.00%

Drawdowns

FDIF vs. FDTX - Drawdown Comparison

The maximum FDIF drawdown since its inception was -1.02%, which is greater than FDTX's maximum drawdown of -0.38%. Use the drawdown chart below to compare losses from any high point for FDIF and FDTX. For additional features, visit the drawdowns tool.


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Volatility

FDIF vs. FDTX - Volatility Comparison


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