FDIV vs. FZROX
FDIV (MarketDesk Focused U.S. Dividend ETF) and FZROX (Fidelity ZERO Total Market Index Fund) are both funds - FDIV is a Dividend fund actively managed by MarketDesk, while FZROX is a Large Cap Blend Equities fund managed by Fidelity. Over the past 5 years, FDIV returned -7.91%/yr vs 11.84%/yr for FZROX. Their 0.54 correlation means they have sometimes moved together and sometimes differently. FDIV charges 0.35%/yr vs 0.00%/yr for FZROX.
Performance
FDIV vs. FZROX - Performance Comparison
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Returns By Period
In the year-to-date period, FDIV achieves a 3.86% return, which is significantly lower than FZROX's 9.94% return.
FDIV
- 1D
- -0.60%
- 1M
- -1.59%
- 6M
- -0.05%
- YTD
- 3.86%
- 1Y
- 10.75%
- 3Y*
- -11.15%
- 5Y*
- -7.91%
- 10Y*
- -1.98%
- ALL TIME*
- -1.05%
FZROX
- 1D
- 1.64%
- 1M
- -0.73%
- 6M
- 8.29%
- YTD
- 9.94%
- 1Y
- 21.21%
- 3Y*
- 18.70%
- 5Y*
- 11.84%
- 10Y*
- —
- ALL TIME*
- 13.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.95M | $1.06M | $524.89K | |
| $0.00 | $0.00 | $0.00 |
FDIV vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 3.86% | 2.95% | -37.35% | 6.78% | -9.97% | 10.20% | -2.84% | 15.78% | -4.78% |
FZROX Fidelity ZERO Total Market Index Fund | 9.94% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Correlation
The correlation between FDIV and FZROX is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2018 | 0.54 |
The correlation between FDIV and FZROX shifts across timeframes, from 0.43 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FDIV vs. FZROX — Risk / Return Rank
FDIV
FZROX
FDIV vs. FZROX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketDesk Focused U.S. Dividend ETF (FDIV) and Fidelity ZERO Total Market Index Fund (FZROX). 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 | FZROX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.26 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 2.12 | -0.88 |
| Martin ratioReturn relative to average drawdown | 3.26 | 9.14 | -5.89 |
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Drawdowns
FDIV vs. FZROX - Drawdown Comparison
The maximum FDIV drawdown since its inception was -47.90%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FDIV and FZROX.
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Drawdown Indicators
| FDIV | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.90% | -34.96% | -12.94% |
Max Drawdown (1Y)Largest decline over 1 year | -8.01% | -8.89% | +0.88% |
Max Drawdown (3Y)Largest decline over 3 years | -45.64% | -19.38% | -26.26% |
Max Drawdown (5Y)Largest decline over 5 years | -47.90% | -25.12% | -22.78% |
Max Drawdown (10Y)Largest decline over 10 years | -47.90% | — | — |
Current DrawdownCurrent decline from peak | -36.12% | -1.85% | -34.27% |
Average DrawdownAverage peak-to-trough decline | -11.48% | -5.43% | -6.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 2.06% | +0.98% |
Volatility
FDIV vs. FZROX - Volatility Comparison
MarketDesk Focused U.S. Dividend ETF (FDIV) has a higher volatility of 4.23% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 3.43%. This indicates that FDIV's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDIV | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.23% | 3.43% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 9.35% | 10.34% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.46% | 13.19% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.91% | 17.54% | +3.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.40% | 20.04% | -2.64% |
FDIV vs. FZROX - Expense Ratio Comparison
FDIV has a 0.35% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Dividends
FDIV vs. FZROX - Dividend Comparison
FDIV's dividend yield for the trailing twelve months is around 2.38%, more than FZROX's 0.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 2.38% | 2.95% | 4.12% | 4.63% | 3.81% | 3.79% | 4.17% | 3.93% | 5.13% | 3.81% | 3.84% | 4.13% |
FZROX Fidelity ZERO Total Market Index Fund | 0.93% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FDIV and FZROX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDIV has higher volatility (4.23%) compared to FZROX (3.43%). In terms of maximum drawdown, FDIV dropped -47.90% vs FZROX's -34.96%.
FZROX currently has the higher Sharpe Ratio (1.43 vs 0.80), 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.
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