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FDRR vs. NOBL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDRR and NOBL is 0.80, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

FDRR vs. NOBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Dividend ETF for Rising Rates (FDRR) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). The values are adjusted to include any dividend payments, if applicable.

100.00%120.00%140.00%160.00%180.00%NovemberDecember2025FebruaryMarchApril
144.90%
118.70%
FDRR
NOBL

Key characteristics

Sharpe Ratio

FDRR:

0.60

NOBL:

0.15

Sortino Ratio

FDRR:

0.96

NOBL:

0.31

Omega Ratio

FDRR:

1.14

NOBL:

1.04

Calmar Ratio

FDRR:

0.60

NOBL:

0.14

Martin Ratio

FDRR:

2.65

NOBL:

0.49

Ulcer Index

FDRR:

4.09%

NOBL:

4.50%

Daily Std Dev

FDRR:

18.09%

NOBL:

14.79%

Max Drawdown

FDRR:

-36.52%

NOBL:

-35.44%

Current Drawdown

FDRR:

-10.07%

NOBL:

-8.97%

Returns By Period

In the year-to-date period, FDRR achieves a -5.52% return, which is significantly lower than NOBL's -1.39% return.


FDRR

YTD

-5.52%

1M

-5.81%

6M

-6.33%

1Y

9.75%

5Y*

14.19%

10Y*

N/A

NOBL

YTD

-1.39%

1M

-2.80%

6M

-6.53%

1Y

2.04%

5Y*

11.85%

10Y*

9.13%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FDRR vs. NOBL - Expense Ratio Comparison

FDRR has a 0.29% expense ratio, which is lower than NOBL's 0.35% expense ratio.


Expense ratio chart for NOBL: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NOBL: 0.35%
Expense ratio chart for FDRR: current value is 0.29%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FDRR: 0.29%

Risk-Adjusted Performance

FDRR vs. NOBL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDRR
The Risk-Adjusted Performance Rank of FDRR is 6868
Overall Rank
The Sharpe Ratio Rank of FDRR is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of FDRR is 6565
Sortino Ratio Rank
The Omega Ratio Rank of FDRR is 6868
Omega Ratio Rank
The Calmar Ratio Rank of FDRR is 7070
Calmar Ratio Rank
The Martin Ratio Rank of FDRR is 7070
Martin Ratio Rank

NOBL
The Risk-Adjusted Performance Rank of NOBL is 3434
Overall Rank
The Sharpe Ratio Rank of NOBL is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of NOBL is 3333
Sortino Ratio Rank
The Omega Ratio Rank of NOBL is 3232
Omega Ratio Rank
The Calmar Ratio Rank of NOBL is 3737
Calmar Ratio Rank
The Martin Ratio Rank of NOBL is 3434
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FDRR vs. NOBL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Dividend ETF for Rising Rates (FDRR) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). 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.


The chart of Sharpe ratio for FDRR, currently valued at 0.60, compared to the broader market-1.000.001.002.003.004.00
FDRR: 0.60
NOBL: 0.15
The chart of Sortino ratio for FDRR, currently valued at 0.96, compared to the broader market-2.000.002.004.006.008.00
FDRR: 0.96
NOBL: 0.31
The chart of Omega ratio for FDRR, currently valued at 1.14, compared to the broader market0.501.001.502.002.50
FDRR: 1.14
NOBL: 1.04
The chart of Calmar ratio for FDRR, currently valued at 0.60, compared to the broader market0.002.004.006.008.0010.0012.00
FDRR: 0.60
NOBL: 0.14
The chart of Martin ratio for FDRR, currently valued at 2.65, compared to the broader market0.0020.0040.0060.00
FDRR: 2.65
NOBL: 0.49

The current FDRR Sharpe Ratio is 0.60, which is higher than the NOBL Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of FDRR and NOBL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.60
0.15
FDRR
NOBL

Dividends

FDRR vs. NOBL - Dividend Comparison

FDRR's dividend yield for the trailing twelve months is around 2.79%, more than NOBL's 2.17% yield.


TTM20242023202220212020201920182017201620152014
FDRR
Fidelity Dividend ETF for Rising Rates
2.79%2.61%2.93%2.75%2.09%2.85%2.89%3.20%2.89%0.61%0.00%0.00%
NOBL
ProShares S&P 500 Dividend Aristocrats ETF
2.17%2.05%2.09%1.94%1.89%2.14%1.89%2.37%1.74%2.13%2.02%1.59%

Drawdowns

FDRR vs. NOBL - Drawdown Comparison

The maximum FDRR drawdown since its inception was -36.52%, roughly equal to the maximum NOBL drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for FDRR and NOBL. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-10.07%
-8.97%
FDRR
NOBL

Volatility

FDRR vs. NOBL - Volatility Comparison

Fidelity Dividend ETF for Rising Rates (FDRR) has a higher volatility of 13.57% compared to ProShares S&P 500 Dividend Aristocrats ETF (NOBL) at 10.31%. This indicates that FDRR's price experiences larger fluctuations and is considered to be riskier than NOBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
13.57%
10.31%
FDRR
NOBL