FDIG vs. FETH
Compare and contrast key facts about Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Fidelity Ethereum Fund (FETH).
FDIG and FETH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDIG is a passively managed fund by Fidelity that tracks the performance of the Fidelity Crypto Industry and Digital Payments Index. It was launched on Apr 19, 2022. FETH is a passively managed fund by Fidelity that tracks the performance of the Fidelity Ethereum Reference Rate Index. It was launched on Jul 22, 2024. Both FDIG and FETH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FDIG vs. FETH - Performance Comparison
Loading graphics...
FDIG vs. FETH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FDIG Fidelity Crypto Industry and Digital Payments ETF | -14.57% | 19.92% | -0.64% |
FETH Fidelity Ethereum Fund | -27.93% | -11.37% | -3.61% |
Returns By Period
In the year-to-date period, FDIG achieves a -14.57% return, which is significantly higher than FETH's -27.93% return.
FDIG
- 1D
- 0.31%
- 1M
- -9.90%
- YTD
- -14.57%
- 6M
- -32.88%
- 1Y
- 32.76%
- 3Y*
- 28.85%
- 5Y*
- —
- 10Y*
- —
FETH
- 1D
- 2.20%
- 1M
- 5.07%
- YTD
- -27.93%
- 6M
- -50.73%
- 1Y
- 11.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDIG vs. FETH - Expense Ratio Comparison
FDIG has a 0.39% expense ratio, which is higher than FETH's 0.00% expense ratio.
Return for Risk
FDIG vs. FETH — Risk / Return Rank
FDIG
FETH
FDIG vs. FETH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Fidelity Ethereum Fund (FETH). 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.
| FDIG | FETH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 0.16 | +0.47 |
Sortino ratioReturn per unit of downside risk | 1.20 | 0.79 | +0.41 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.09 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.80 | 0.27 | +0.53 |
Martin ratioReturn relative to average drawdown | 1.77 | 0.55 | +1.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FDIG | FETH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 0.16 | +0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | -0.34 | +0.49 |
Correlation
The correlation between FDIG and FETH is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FDIG vs. FETH - Dividend Comparison
FDIG's dividend yield for the trailing twelve months is around 1.44%, while FETH has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FDIG Fidelity Crypto Industry and Digital Payments ETF | 1.44% | 1.14% | 1.17% | 0.18% |
FETH Fidelity Ethereum Fund | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDIG vs. FETH - Drawdown Comparison
The maximum FDIG drawdown since its inception was -58.32%, smaller than the maximum FETH drawdown of -64.00%. Use the drawdown chart below to compare losses from any high point for FDIG and FETH.
Loading graphics...
Drawdown Indicators
| FDIG | FETH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.32% | -64.00% | +5.68% |
Max Drawdown (1Y)Largest decline over 1 year | -46.69% | -61.74% | +15.05% |
Current DrawdownCurrent decline from peak | -43.42% | -55.91% | +12.49% |
Average DrawdownAverage peak-to-trough decline | -26.09% | -30.53% | +4.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.12% | 30.68% | -9.56% |
Volatility
FDIG vs. FETH - Volatility Comparison
The current volatility for Fidelity Crypto Industry and Digital Payments ETF (FDIG) is 16.10%, while Fidelity Ethereum Fund (FETH) has a volatility of 19.07%. This indicates that FDIG experiences smaller price fluctuations and is considered to be less risky than FETH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FDIG | FETH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.10% | 19.07% | -2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 39.97% | 53.60% | -13.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.57% | 75.82% | -23.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.44% | 74.78% | -13.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.44% | 74.78% | -13.34% |