FDIV vs. FDVV
FDIV (MarketDesk Focused U.S. Dividend ETF) and FDVV (Fidelity High Dividend ETF) are both exchange-traded funds - FDIV is a Dividend fund actively managed by MarketDesk, while FDVV is a Large Cap Blend Equities fund tracking the Fidelity Core Dividend Index. FDIV is actively managed, while FDVV is passively managed. Over the past 5 years, FDIV returned -7.96%/yr vs 13.69%/yr for FDVV. A 0.62 correlation means they provide meaningful diversification when combined. FDIV charges 0.35%/yr vs 0.29%/yr for FDVV.
Performance
FDIV vs. FDVV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDIV achieves a 3.41% return, which is significantly lower than FDVV's 8.39% return.
FDIV
- 1D
- 0.68%
- 1M
- 0.80%
- YTD
- 3.41%
- 6M
- 3.04%
- 1Y
- 10.22%
- 3Y*
- -11.28%
- 5Y*
- -7.96%
- 10Y*
- -1.87%
FDVV
- 1D
- 0.08%
- 1M
- 0.43%
- YTD
- 8.39%
- 6M
- 8.10%
- 1Y
- 22.16%
- 3Y*
- 19.90%
- 5Y*
- 13.69%
- 10Y*
- —
FDIV vs. FDVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 3.41% | 2.95% | -37.35% | 6.78% | -9.97% | 10.20% | -2.84% | 15.78% | -5.04% | 6.19% |
FDVV Fidelity High Dividend ETF | 8.39% | 17.08% | 21.81% | 18.00% | -4.21% | 29.24% | 2.80% | 24.07% | -1.26% | 14.00% |
Correlation
The correlation between FDIV and FDVV is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2016 | 0.62 |
The correlation between FDIV and FDVV shifts across timeframes, from 0.58 (5 years) to 0.69 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FDIV vs. FDVV — Risk / Return Rank
FDIV
FDVV
FDIV vs. FDVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketDesk Focused U.S. Dividend ETF (FDIV) and Fidelity High Dividend ETF (FDVV). 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.
| FDIV | FDVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.39 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.40 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 2.39 | -1.11 |
| Martin ratioReturn relative to average drawdown | 3.34 | 9.89 | -6.55 |
Loading charts...
Drawdowns
FDIV vs. FDVV - Drawdown Comparison
The maximum FDIV drawdown since its inception was -47.90%, which is greater than FDVV's maximum drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for FDIV and FDVV.
Loading charts...
Drawdown Indicators
| FDIV | FDVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.90% | -40.25% | -7.65% |
Max Drawdown (1Y)Largest decline over 1 year | -8.01% | -9.30% | +1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -45.64% | -15.90% | -29.74% |
Max Drawdown (5Y)Largest decline over 5 years | -47.90% | -20.18% | -27.72% |
Max Drawdown (10Y)Largest decline over 10 years | -47.90% | — | — |
Current DrawdownCurrent decline from peak | -36.39% | -1.31% | -35.08% |
Average DrawdownAverage peak-to-trough decline | -11.25% | -3.79% | -7.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 2.24% | +0.83% |
Volatility
FDIV vs. FDVV - Volatility Comparison
MarketDesk Focused U.S. Dividend ETF (FDIV) has a higher volatility of 3.37% compared to Fidelity High Dividend ETF (FDVV) at 3.09%. This indicates that FDIV's price experiences larger fluctuations and is considered to be riskier than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FDIV | FDVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.37% | 3.09% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 8.26% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.80% | 10.15% | +2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.85% | 14.73% | +6.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.56% | 16.97% | +0.59% |
FDIV vs. FDVV - Expense Ratio Comparison
FDIV has a 0.35% expense ratio, which is higher than FDVV's 0.29% expense ratio.
Dividends
FDIV vs. FDVV - Dividend Comparison
FDIV's dividend yield for the trailing twelve months is around 2.81%, less than FDVV's 2.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 2.81% | 2.95% | 4.12% | 4.63% | 3.81% | 3.79% | 4.17% | 3.93% | 5.13% | 3.81% | 3.84% | 4.13% |
FDVV Fidelity High Dividend ETF | 2.86% | 2.89% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.66% | 1.04% | 0.00% |
Frequently Asked Questions
FDIV and FDVV have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDIV has higher volatility (3.37%) compared to FDVV (3.09%). In terms of maximum drawdown, FDIV dropped -47.90% vs FDVV's -40.25%.
On 5-year performance, FDVV leads with 13.69% vs -7.96% for FDIV. On fees, FDVV is cheaper at 0.29% per year. On volatility, FDVV has been the lower-risk option at 3.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FDVV has performed better with a 13.69% return vs -7.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDVV is cheaper with a 0.29% expense ratio, compared with 0.35% for FDIV.
FDVV has the higher dividend yield at 2.86%, compared with 2.81% for FDIV.
FDIV is categorized as Dividend, while FDVV is Large Cap Blend Equities. They also come from different issuers: MarketDesk and Fidelity. Their fees differ too: 0.35% for FDIV and 0.29% for FDVV.
FDVV currently has the higher Sharpe Ratio (2.19 vs 0.81), 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.
Find the right allocation for FDIV and FDVV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer