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FDIG vs. VGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDIG and VGT is 0.61, 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.


Performance

FDIG vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FDIG:

0.18

VGT:

0.39

Sortino Ratio

FDIG:

0.71

VGT:

0.73

Omega Ratio

FDIG:

1.08

VGT:

1.10

Calmar Ratio

FDIG:

0.21

VGT:

0.43

Martin Ratio

FDIG:

0.46

VGT:

1.39

Ulcer Index

FDIG:

23.31%

VGT:

8.33%

Daily Std Dev

FDIG:

60.56%

VGT:

29.76%

Max Drawdown

FDIG:

-58.32%

VGT:

-54.63%

Current Drawdown

FDIG:

-35.16%

VGT:

-11.63%

Returns By Period

In the year-to-date period, FDIG achieves a -15.24% return, which is significantly lower than VGT's -8.02% return.


FDIG

YTD

-15.24%

1M

19.58%

6M

-22.16%

1Y

15.29%

5Y*

N/A

10Y*

N/A

VGT

YTD

-8.02%

1M

12.05%

6M

-8.30%

1Y

11.24%

5Y*

18.63%

10Y*

19.33%

*Annualized

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FDIG vs. VGT - Expense Ratio Comparison

FDIG has a 0.39% expense ratio, which is higher than VGT's 0.10% expense ratio.


Risk-Adjusted Performance

FDIG vs. VGT — Risk-Adjusted Performance Rank

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

FDIG
The Risk-Adjusted Performance Rank of FDIG is 3838
Overall Rank
The Sharpe Ratio Rank of FDIG is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of FDIG is 5151
Sortino Ratio Rank
The Omega Ratio Rank of FDIG is 4343
Omega Ratio Rank
The Calmar Ratio Rank of FDIG is 3838
Calmar Ratio Rank
The Martin Ratio Rank of FDIG is 2828
Martin Ratio Rank

VGT
The Risk-Adjusted Performance Rank of VGT is 5252
Overall Rank
The Sharpe Ratio Rank of VGT is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of VGT is 5353
Sortino Ratio Rank
The Omega Ratio Rank of VGT is 5252
Omega Ratio Rank
The Calmar Ratio Rank of VGT is 5656
Calmar Ratio Rank
The Martin Ratio Rank of VGT is 5050
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.

FDIG vs. VGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Vanguard Information Technology ETF (VGT). 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.


The current FDIG Sharpe Ratio is 0.18, which is lower than the VGT Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of FDIG and VGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FDIG vs. VGT - Dividend Comparison

FDIG's dividend yield for the trailing twelve months is around 1.38%, more than VGT's 0.56% yield.


TTM20242023202220212020201920182017201620152014
FDIG
Fidelity Crypto Industry and Digital Payments ETF
1.38%1.17%0.18%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VGT
Vanguard Information Technology ETF
0.56%0.60%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%1.12%

Drawdowns

FDIG vs. VGT - Drawdown Comparison

The maximum FDIG drawdown since its inception was -58.32%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FDIG and VGT. For additional features, visit the drawdowns tool.


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Volatility

FDIG vs. VGT - Volatility Comparison

Fidelity Crypto Industry and Digital Payments ETF (FDIG) has a higher volatility of 13.42% compared to Vanguard Information Technology ETF (VGT) at 9.35%. This indicates that FDIG's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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