FDLS vs. DEUS

Last updated Aug 6, 2026

FDLS (Inspire Fidelis Multi Factor ETF) and DEUS (Xtrackers Russell US Multifactor ETF) are both Mid Cap Blend Equities funds - FDLS tracks the WI Fidelis Multi-Cap, Multi-Factor Index - Benchmark TR Gross while DEUS tracks the Russell 1000 Comprehensive Factor Index. Both are passively managed. Over the past 3 years, FDLS returned 18.87%/yr vs 16.09%/yr for DEUS. Their correlation of 0.85 means they have usually moved in the same direction. FDLS charges 0.76%/yr vs 0.17%/yr for DEUS.

Performance

FDLS vs. DEUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire Fidelis Multi Factor ETF (FDLS) and Xtrackers Russell US Multifactor ETF (DEUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDLS achieves a 20.96% return, which is significantly higher than DEUS's 16.64% return.

FDLS

• 1D: -0.74%
• 1M: 2.23%
• 6M: 14.07%
• YTD: 20.96%
• 1Y: 34.94%
• 3Y*: 18.87%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.47%

DEUS

• 1D: -0.44%
• 1M: 2.90%
• 6M: 10.45%
• YTD: 16.64%
• 1Y: 21.16%
• 3Y*: 16.09%
• 5Y*: 9.94%
• 10Y*: 11.50%
• ALL TIME*: 11.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DEUS Xtrackers Russell US Multifactor ETF	$615.88K	$816.95K	$921.31K
FDLS Inspire Fidelis Multi Factor ETF	$1.17M	$1.57M	$1.61M

FDLS vs. DEUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FDLS Inspire Fidelis Multi Factor ETF	20.96%	22.47%	7.41%	20.70%	-1.68%
DEUS Xtrackers Russell US Multifactor ETF	16.64%	10.41%	14.33%	14.73%	-1.45%

Correlation

The correlation between FDLS and DEUS is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.73
Correlation (3Y) Balances recent behavior with more history.	0.83
Correlation (All Time) Calculated using the full available price history since Aug 24, 2022	0.85

The correlation between FDLS and DEUS shifts across timeframes, from 0.73 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

FDLS vs. DEUS - Sectors Allocation Comparison

Sectors	FDLS	DEUS
Technology	25.3%	10.5%
Financial Services	15.3%	13.8%
Industrials	13.0%	18.7%
Healthcare	12.8%	12.9%
Energy	9.2%	5.2%
Consumer Cyclical	7.5%	11.1%
Basic Materials	7.5%	4.1%
Consumer Defensive	4.2%	7.5%
Communication Services	2.3%	3.2%
Real Estate	1.9%	5.6%
Utilities	1.0%	7.4%

Return for Risk

FDLS vs. DEUS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDLS

FDLS Risk / Return Rank: 82
FDLS Sharpe Ratio Rank: 80
FDLS Sortino Ratio Rank: 80
FDLS Omega Ratio Rank: 76
FDLS Calmar Ratio Rank: 86
FDLS Martin Ratio Rank: 88

DEUS

DEUS Risk / Return Rank: 76
DEUS Sharpe Ratio Rank: 74
DEUS Sortino Ratio Rank: 78
DEUS Omega Ratio Rank: 71
DEUS Calmar Ratio Rank: 77
DEUS Martin Ratio Rank: 80

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDLS vs. DEUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Fidelis Multi Factor ETF (FDLS) and Xtrackers Russell US Multifactor ETF (DEUS). 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.

	FDLS	DEUS	Difference
Sharpe ratio: Return per unit of total volatility	2.06	1.92	+0.15
Sortino ratio: Return per unit of downside risk	2.91	2.82	+0.09
Omega ratio: Gain probability vs. loss probability	1.36	1.34	+0.02
Calmar ratio: Return relative to maximum drawdown	3.68	3.11	+0.57
Martin ratio: Return relative to average drawdown	14.57	11.97	+2.60

FDLS vs. DEUS - Sharpe Ratio Comparison

The current FDLS Sharpe Ratio is 2.06, which is comparable to the DEUS Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of FDLS and DEUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDLS vs. DEUS - Drawdown Comparison

The maximum FDLS drawdown since its inception was -23.32%, smaller than the maximum DEUS drawdown of -40.47%. Use the drawdown chart below to compare losses from any high point for FDLS and DEUS.

Drawdown Indicators

	FDLS	DEUS	Difference
Max Drawdown Largest peak-to-trough decline	-23.32%	-40.47%	+17.15%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-6.83%	-2.72%
Max Drawdown (3Y) Largest decline over 3 years	-23.32%	-16.69%	-6.63%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.89%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.47%	—
Current Drawdown Current decline from peak	-0.74%	-0.44%	-0.30%
Average Drawdown Average peak-to-trough decline	-3.75%	-4.27%	+0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	1.77%	+0.63%

Volatility

FDLS vs. DEUS - Volatility Comparison

Inspire Fidelis Multi Factor ETF (FDLS) has a higher volatility of 3.83% compared to Xtrackers Russell US Multifactor ETF (DEUS) at 3.26%. This indicates that FDLS's price experiences larger fluctuations and is considered to be riskier than DEUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDLS	DEUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.83%	3.26%	+0.57%
Volatility (6M) Calculated over the trailing 6-month period	12.46%	8.30%	+4.16%
Volatility (1Y) Calculated over the trailing 1-year period	17.03%	11.10%	+5.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.90%	15.49%	+3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.90%	17.95%	+0.95%

FDLS vs. DEUS - Expense Ratio Comparison

FDLS has a 0.76% expense ratio, which is higher than DEUS's 0.17% expense ratio.

Dividends

FDLS vs. DEUS - Dividend Comparison

FDLS's dividend yield for the trailing twelve months is around 0.79%, less than DEUS's 1.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DEUS Xtrackers Russell US Multifactor ETF	1.37%	1.59%	1.36%	1.49%	1.74%	1.14%	1.61%	1.65%	1.77%	1.31%	2.75%
FDLS Inspire Fidelis Multi Factor ETF	0.79%	0.86%	7.26%	0.97%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDLS and DEUS in my portfolio?

FDLS and DEUS have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDLS or DEUS?

FDLS has higher volatility (3.83%) compared to DEUS (3.26%). In terms of maximum drawdown, FDLS dropped -23.32% vs DEUS's -40.47%.

Which ETF is better, FDLS or DEUS?

On 3-year performance, FDLS leads with 18.87% vs 16.09% for DEUS. On fees, DEUS is cheaper at 0.17% per year. On volatility, DEUS has been the lower-risk option at 3.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDLS or DEUS?

Over the 3-year period, FDLS has performed better with a 18.87% return vs 16.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDLS or DEUS?

DEUS is cheaper with a 0.17% expense ratio, compared with 0.76% for FDLS.

Which ETF pays a higher dividend yield, FDLS or DEUS?

DEUS has the higher dividend yield at 1.37%, compared with 0.79% for FDLS.

What is the main difference between FDLS and DEUS?

FDLS tracks WI Fidelis Multi-Cap, Multi-Factor Index - Benchmark TR Gross, while DEUS tracks Russell 1000 Comprehensive Factor Index. They also come from different issuers: Inspire and Xtrackers. Their fees differ too: 0.76% for FDLS and 0.17% for DEUS.

Which has better risk-adjusted returns?

FDLS currently has the higher Sharpe Ratio (2.06 vs 1.92), 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.