FDIF vs. OUSA

Last updated Aug 4, 2026

FDIF (Fidelity Disruptors ETF) and OUSA (OShares U.S. Quality Dividend ETF) are both exchange-traded funds - FDIF is a Large Cap Growth Equities fund actively managed by Fidelity, while OUSA is a Quality Factor fund tracking the O'Shares US Quality Dividend Index. FDIF is actively managed, while OUSA is passively managed. Over the past 3 years, FDIF returned 17.31%/yr vs 13.56%/yr for OUSA. Their 0.59 correlation means they have sometimes moved together and sometimes differently. FDIF charges 0.50%/yr vs 0.48%/yr for OUSA.

Performance

FDIF vs. OUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptors ETF (FDIF) and OShares U.S. Quality Dividend ETF (OUSA). 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 OUSA's 7.09% 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%

OUSA

• 1D: 0.53%
• 1M: 2.40%
• 6M: 3.84%
• YTD: 7.09%
• 1Y: 16.21%
• 3Y*: 13.56%
• 5Y*: 8.96%
• 10Y*: 10.40%
• ALL TIME*: 10.73%

*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
OUSA OShares U.S. Quality Dividend ETF	$872.37K	$1.31M	$1.44M

FDIF vs. OUSA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDIF Fidelity Disruptors ETF	10.35%	13.83%	19.74%	5.83%
OUSA OShares U.S. Quality Dividend ETF	7.09%	10.23%	17.09%	6.58%

Correlation

The correlation between FDIF and OUSA is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (3Y) Balances recent behavior with more history.	0.58
Correlation (All Time) Calculated using the full available price history since Jun 20, 2023	0.59

The correlation between FDIF and OUSA shifts across timeframes, from 0.40 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

FDIF vs. OUSA - Sectors Allocation Comparison

Sectors	FDIF	OUSA
Technology	40.7%	23.7%
Healthcare	18.4%	15.1%
Communication Services	12.8%	10.3%
Industrials	12.3%	11.9%
Financial Services	11.1%	18.6%
Consumer Cyclical	4.6%	13.1%
Real Estate	0.1%	-
Basic Materials	-	-
Consumer Defensive	-	7.4%
Energy	-	-
Utilities	-	-

Return for Risk

FDIF vs. OUSA — 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

OUSA

OUSA Risk / Return Rank: 62
OUSA Sharpe Ratio Rank: 67
OUSA Sortino Ratio Rank: 72
OUSA Omega Ratio Rank: 65
OUSA Calmar Ratio Rank: 53
OUSA Martin Ratio Rank: 55

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. OUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptors ETF (FDIF) and OShares U.S. Quality Dividend ETF (OUSA). 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	OUSA	Difference
Sharpe ratio: Return per unit of total volatility	0.96	1.59	-0.63
Sortino ratio: Return per unit of downside risk	1.42	2.41	-0.99
Omega ratio: Gain probability vs. loss probability	1.17	1.28	-0.11
Calmar ratio: Return relative to maximum drawdown	1.21	1.95	-0.73
Martin ratio: Return relative to average drawdown	4.36	6.80	-2.44

FDIF vs. OUSA - Sharpe Ratio Comparison

The current FDIF Sharpe Ratio is 0.96, which is lower than the OUSA Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of FDIF and OUSA, 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. OUSA - Drawdown Comparison

The maximum FDIF drawdown since its inception was -22.63%, smaller than the maximum OUSA drawdown of -33.12%. Use the drawdown chart below to compare losses from any high point for FDIF and OUSA.

Drawdown Indicators

	FDIF	OUSA	Difference
Max Drawdown Largest peak-to-trough decline	-22.63%	-33.12%	+10.49%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-8.36%	-6.44%
Max Drawdown (3Y) Largest decline over 3 years	-22.63%	-13.14%	-9.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.12%	—
Current Drawdown Current decline from peak	-2.93%	-0.23%	-2.70%
Average Drawdown Average peak-to-trough decline	-3.78%	-3.50%	-0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	2.39%	+1.73%

Volatility

FDIF vs. OUSA - Volatility Comparison

Fidelity Disruptors ETF (FDIF) has a higher volatility of 5.73% compared to OShares U.S. Quality Dividend ETF (OUSA) at 3.65%. This indicates that FDIF's price experiences larger fluctuations and is considered to be riskier than OUSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIF	OUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.73%	3.65%	+2.08%
Volatility (6M) Calculated over the trailing 6-month period	15.56%	8.12%	+7.44%
Volatility (1Y) Calculated over the trailing 1-year period	18.79%	10.25%	+8.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.87%	13.38%	+5.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.87%	15.19%	+3.68%

FDIF vs. OUSA - Expense Ratio Comparison

FDIF has a 0.50% expense ratio, which is higher than OUSA's 0.48% expense ratio.

Dividends

FDIF vs. OUSA - Dividend Comparison

FDIF's dividend yield for the trailing twelve months is around 0.26%, less than OUSA's 1.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIF Fidelity Disruptors ETF	0.26%	0.36%	0.35%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OUSA OShares U.S. Quality Dividend ETF	1.35%	1.39%	1.50%	1.81%	1.92%	1.56%	2.03%	2.31%	3.06%	2.15%	2.32%	1.17%

Frequently Asked Questions

Can I hold both FDIF and OUSA in my portfolio?

FDIF and OUSA have a correlation of 0.40, 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 OUSA?

FDIF has higher volatility (5.73%) compared to OUSA (3.65%). In terms of maximum drawdown, FDIF dropped -22.63% vs OUSA's -33.12%.

Which ETF is better, FDIF or OUSA?

On 3-year performance, FDIF leads with 17.31% vs 13.56% for OUSA. On fees, OUSA is cheaper at 0.48% per year. On volatility, OUSA has been the lower-risk option at 3.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDIF or OUSA?

Over the 3-year period, FDIF has performed better with a 17.31% return vs 13.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDIF or OUSA?

OUSA is cheaper with a 0.48% expense ratio, compared with 0.50% for FDIF.

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

OUSA has the higher dividend yield at 1.35%, compared with 0.26% for FDIF.

What is the main difference between FDIF and OUSA?

FDIF is categorized as Large Cap Growth Equities, while OUSA is Quality Factor. They also come from different issuers: Fidelity and O'Shares Investments. Their fees differ too: 0.50% for FDIF and 0.48% for OUSA.

Which has better risk-adjusted returns?

OUSA currently has the higher Sharpe Ratio (1.59 vs 0.96), 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.