FDIVX vs. VEA
Compare and contrast key facts about Fidelity Diversified International Fund (FDIVX) and Vanguard FTSE Developed Markets ETF (VEA).
FDIVX is managed by Fidelity. It was launched on Dec 27, 1991. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDIVX or VEA.
Key characteristics
| FDIVX | VEA | |
|---|---|---|
| YTD Return | 11.08% | 6.60% |
| 1Y Return | 22.54% | 18.32% |
| 3Y Return (Ann) | -0.64% | 1.42% |
| 5Y Return (Ann) | 7.15% | 6.17% |
| 10Y Return (Ann) | 6.50% | 5.61% |
| Sharpe Ratio | 1.50 | 1.36 |
| Sortino Ratio | 2.14 | 1.93 |
| Omega Ratio | 1.28 | 1.24 |
| Calmar Ratio | 1.06 | 1.38 |
| Martin Ratio | 8.99 | 7.57 |
| Ulcer Index | 2.41% | 2.30% |
| Daily Std Dev | 14.45% | 12.86% |
| Max Drawdown | -59.98% | -60.70% |
| Current Drawdown | -4.62% | -5.91% |
Correlation
The correlation between FDIVX and VEA is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FDIVX vs. VEA - Performance Comparison
In the year-to-date period, FDIVX achieves a 11.08% return, which is significantly higher than VEA's 6.60% return. Over the past 10 years, FDIVX has outperformed VEA with an annualized return of 6.50%, while VEA has yielded a comparatively lower 5.61% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDIVX vs. VEA - Expense Ratio Comparison
FDIVX has a 1.01% expense ratio, which is higher than VEA's 0.05% expense ratio.
Risk-Adjusted Performance
FDIVX vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund (FDIVX) and Vanguard FTSE Developed Markets ETF (VEA). 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
FDIVX vs. VEA - Dividend Comparison
FDIVX's dividend yield for the trailing twelve months is around 1.54%, less than VEA's 2.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIVX Fidelity Diversified International Fund | 1.54% | 1.71% | 0.38% | 1.17% | 0.04% | 1.32% | 1.35% | 1.08% | 1.15% | 2.23% | 4.97% | 2.36% |
VEA Vanguard FTSE Developed Markets ETF | 2.99% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
FDIVX vs. VEA - Drawdown Comparison
The maximum FDIVX drawdown since its inception was -59.98%, roughly equal to the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for FDIVX and VEA. For additional features, visit the drawdowns tool.
Volatility
FDIVX vs. VEA - Volatility Comparison
Fidelity Diversified International Fund (FDIVX) has a higher volatility of 3.29% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.13%. This indicates that FDIVX's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.