FDIV vs. FDRR
Compare and contrast key facts about First Trust Strategic Income ETF (FDIV) and Fidelity Dividend ETF for Rising Rates (FDRR).
FDIV and FDRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDIV is an actively managed fund by First Trust. It was launched on Aug 13, 2014. FDRR is a passively managed fund by Fidelity that tracks the performance of the Fidelity Dividend Index for Rising Rates. It was launched on Sep 12, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDIV or FDRR.
Correlation
The correlation between FDIV and FDRR is 0.66, 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
FDIV vs. FDRR - Performance Comparison
Key characteristics
FDIV:
0.55
FDRR:
2.12
FDIV:
0.86
FDRR:
2.89
FDIV:
1.10
FDRR:
1.39
FDIV:
0.75
FDRR:
3.23
FDIV:
1.83
FDRR:
12.38
FDIV:
3.70%
FDRR:
1.99%
FDIV:
12.22%
FDRR:
11.64%
FDIV:
-9.01%
FDRR:
-36.52%
FDIV:
-6.24%
FDRR:
-0.13%
Returns By Period
In the year-to-date period, FDIV achieves a 0.44% return, which is significantly lower than FDRR's 4.92% return.
FDIV
0.44%
-1.19%
-2.65%
5.92%
N/A
N/A
FDRR
4.92%
2.56%
9.24%
25.10%
11.68%
N/A
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FDIV vs. FDRR - Expense Ratio Comparison
FDIV has a 0.87% expense ratio, which is higher than FDRR's 0.29% expense ratio.
Risk-Adjusted Performance
FDIV vs. FDRR — Risk-Adjusted Performance Rank
FDIV
FDRR
FDIV vs. FDRR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Strategic Income ETF (FDIV) and Fidelity Dividend ETF for Rising Rates (FDRR). 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.
Dividends
FDIV vs. FDRR - Dividend Comparison
FDIV's dividend yield for the trailing twelve months is around 2.88%, more than FDRR's 2.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDIV First Trust Strategic Income ETF | 2.88% | 2.90% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDRR Fidelity Dividend ETF for Rising Rates | 2.49% | 2.61% | 2.93% | 2.75% | 2.09% | 2.85% | 2.89% | 3.20% | 2.89% | 0.61% |
Drawdowns
FDIV vs. FDRR - Drawdown Comparison
The maximum FDIV drawdown since its inception was -9.01%, smaller than the maximum FDRR drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for FDIV and FDRR. For additional features, visit the drawdowns tool.
Volatility
FDIV vs. FDRR - Volatility Comparison
First Trust Strategic Income ETF (FDIV) has a higher volatility of 3.64% compared to Fidelity Dividend ETF for Rising Rates (FDRR) at 2.70%. This indicates that FDIV's price experiences larger fluctuations and is considered to be riskier than FDRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.