FDIF vs. GQGU

Last updated Aug 4, 2026

FDIF (Fidelity Disruptors ETF) and GQGU (GQG US Equity ETF) are both Large Cap Growth Equities funds. Both are actively managed. Over the past year, FDIF returned 17.89% vs 8.43% for GQGU. Their -0.25 correlation means they have often moved in opposite directions in the past. FDIF charges 0.50%/yr vs 0.49%/yr for GQGU.

Performance

FDIF vs. GQGU - Performance Comparison

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

Returns By Period

In the year-to-date period, FDIF achieves a 10.35% return, which is significantly higher than GQGU's 8.07% return.

FDIF

• 1D: 1.84%
• 1M: -1.55%
• 6M: 10.40%
• YTD: 10.35%
• 1Y: 17.89%
• 3Y*: 17.31%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.06%

GQGU

• 1D: 1.18%
• 1M: 2.37%
• 6M: 4.37%
• YTD: 8.07%
• 1Y: 8.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDIF Fidelity Disruptors ETF	$145.35K	$621.28K	$330.03K
GQGU GQG US Equity ETF	$3.86M	$3.54M	$3.10M

FDIF vs. GQGU - Yearly Performance Comparison

	2026 (YTD)	2025
FDIF Fidelity Disruptors ETF	10.35%	6.87%
GQGU GQG US Equity ETF	8.07%	-1.12%

Correlation

The correlation between FDIF and GQGU is -0.27, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.27
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	-0.25

Return for Risk

FDIF vs. GQGU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDIF

FDIF Risk / Return Rank: 37
FDIF Sharpe Ratio Rank: 37
FDIF Sortino Ratio Rank: 37
FDIF Omega Ratio Rank: 36
FDIF Calmar Ratio Rank: 35
FDIF Martin Ratio Rank: 39

GQGU

GQGU Risk / Return Rank: 30
GQGU Sharpe Ratio Rank: 32
GQGU Sortino Ratio Rank: 31
GQGU Omega Ratio Rank: 29
GQGU Calmar Ratio Rank: 30
GQGU Martin Ratio Rank: 27

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDIF vs. GQGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptors ETF (FDIF) and GQG US Equity ETF (GQGU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FDIF	GQGU	Difference
Sharpe ratio: Return per unit of total volatility	0.96	0.79	+0.17
Sortino ratio: Return per unit of downside risk	1.42	1.21	+0.21
Omega ratio: Gain probability vs. loss probability	1.17	1.14	+0.04
Calmar ratio: Return relative to maximum drawdown	1.21	1.01	+0.21
Martin ratio: Return relative to average drawdown	4.36	2.32	+2.04

FDIF vs. GQGU - Sharpe Ratio Comparison

The current FDIF Sharpe Ratio is 0.96, which is comparable to the GQGU Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of FDIF and GQGU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDIF vs. GQGU - Drawdown Comparison

The maximum FDIF drawdown since its inception was -22.63%, which is greater than GQGU's maximum drawdown of -8.41%. Use the drawdown chart below to compare losses from any high point for FDIF and GQGU.

Drawdown Indicators

	FDIF	GQGU	Difference
Max Drawdown Largest peak-to-trough decline	-22.63%	-8.41%	-14.22%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-8.41%	-6.39%
Max Drawdown (3Y) Largest decline over 3 years	-22.63%	—	—
Current Drawdown Current decline from peak	-2.93%	-3.34%	+0.41%
Average Drawdown Average peak-to-trough decline	-3.78%	-3.01%	-0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	3.65%	+0.47%

Volatility

FDIF vs. GQGU - Volatility Comparison

Fidelity Disruptors ETF (FDIF) has a higher volatility of 5.73% compared to GQG US Equity ETF (GQGU) at 2.41%. This indicates that FDIF's price experiences larger fluctuations and is considered to be riskier than GQGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIF	GQGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.73%	2.41%	+3.32%
Volatility (6M) Calculated over the trailing 6-month period	15.56%	8.51%	+7.05%
Volatility (1Y) Calculated over the trailing 1-year period	18.79%	10.75%	+8.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.87%	10.62%	+8.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.87%	10.62%	+8.25%

FDIF vs. GQGU - Expense Ratio Comparison

FDIF has a 0.50% expense ratio, which is higher than GQGU's 0.49% expense ratio.

Dividends

FDIF vs. GQGU - Dividend Comparison

FDIF's dividend yield for the trailing twelve months is around 0.26%, less than GQGU's 0.94% yield.

Position	TTM	2025	2024	2023
FDIF Fidelity Disruptors ETF	0.26%	0.36%	0.35%	0.21%
GQGU GQG US Equity ETF	0.94%	1.02%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDIF and GQGU in my portfolio?

FDIF and GQGU have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDIF or GQGU?

FDIF has higher volatility (5.73%) compared to GQGU (2.41%). In terms of maximum drawdown, FDIF dropped -22.63% vs GQGU's -8.41%.

Which ETF is better, FDIF or GQGU?

On 1-year performance, FDIF leads with 17.89% vs 8.43% for GQGU. On fees, GQGU is cheaper at 0.49% per year. On volatility, GQGU has been the lower-risk option at 2.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDIF or GQGU?

Over the 1-year period, FDIF has performed better with a 17.89% return vs 8.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDIF or GQGU?

GQGU is cheaper with a 0.49% expense ratio, compared with 0.50% for FDIF.

Which ETF pays a higher dividend yield, FDIF or GQGU?

GQGU has the higher dividend yield at 0.94%, compared with 0.26% for FDIF.

What is the main difference between FDIF and GQGU?

They also come from different issuers: Fidelity and GQG Partners. Their fees differ too: 0.50% for FDIF and 0.49% for GQGU.

Which has better risk-adjusted returns?

FDIF currently has the higher Sharpe Ratio (0.96 vs 0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.