FDRV vs. APTV

Last updated Jun 4, 2026

FDRV (Fidelity Electric Vehicles and Future Transportation ETF) is Transportation Equities fund actively managed by Fidelity, while APTV (Aptiv PLC) is a stock. Over the past 3 years, FDRV returned 7.13%/yr vs -6.40%/yr for APTV. A 0.68 correlation means they provide meaningful diversification when combined.

Performance

FDRV vs. APTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and Aptiv PLC (APTV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDRV achieves a 30.92% return, which is significantly higher than APTV's 0.96% return.

FDRV

• 1D: -0.86%
• 1M: 11.72%
• YTD: 30.92%
• 6M: 29.26%
• 1Y: 53.50%
• 3Y*: 7.13%
• 5Y*: —
• 10Y*: —

APTV

• 1D: 4.02%
• 1M: 29.04%
• YTD: 0.96%
• 6M: -1.63%
• 1Y: 14.85%
• 3Y*: -6.40%
• 5Y*: -13.62%
• 10Y*: 3.81%

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

FDRV vs. APTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FDRV Fidelity Electric Vehicles and Future Transportation ETF	30.92%	24.32%	-21.73%	12.27%	-44.23%	7.00%
APTV Aptiv PLC	0.96%	25.81%	-32.59%	-3.66%	-43.54%	0.09%

Correlation

The correlation between FDRV and APTV is 0.50, 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	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (All Time) Calculated using the full available price history since Oct 8, 2021	0.68

The correlation between FDRV and APTV shifts across timeframes, from 0.50 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FDRV vs. APTV — Risk / Return Rank

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

FDRV

FDRV Risk / Return Rank: 62
FDRV Sharpe Ratio Rank: 65
FDRV Sortino Ratio Rank: 60
FDRV Omega Ratio Rank: 58
FDRV Calmar Ratio Rank: 69
FDRV Martin Ratio Rank: 60

APTV

APTV Risk / Return Rank: 50
APTV Sharpe Ratio Rank: 54
APTV Sortino Ratio Rank: 50
APTV Omega Ratio Rank: 47
APTV Calmar Ratio Rank: 49
APTV Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDRV vs. APTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and Aptiv PLC (APTV). 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.

	FDRV	APTV	Difference
Sharpe ratio: Return per unit of total volatility	2.15	0.39	+1.76
Sortino ratio: Return per unit of downside risk	2.83	0.81	+2.02
Omega ratio: Gain probability vs. loss probability	1.36	1.10	+0.26
Calmar ratio: Return relative to maximum drawdown	3.44	0.37	+3.08
Martin ratio: Return relative to average drawdown	10.66	0.90	+9.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDRV vs. APTV - Sharpe Ratio Comparison

The current FDRV Sharpe Ratio is 2.15, which is higher than the APTV Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of FDRV and APTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDRV	APTV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	0.39	+1.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.34	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.30	-0.40

Drawdowns

FDRV vs. APTV - Drawdown Comparison

The maximum FDRV drawdown since its inception was -63.89%, smaller than the maximum APTV drawdown of -73.10%. Use the drawdown chart below to compare losses from any high point for FDRV and APTV.

Drawdown Indicators

	FDRV	APTV	Difference
Max Drawdown Largest peak-to-trough decline	-63.89%	-73.10%	+9.21%
Max Drawdown (1Y) Largest decline over 1 year	-15.62%	-40.71%	+25.09%
Max Drawdown (3Y) Largest decline over 3 years	-48.45%	-57.37%	+8.92%
Max Drawdown (5Y) Largest decline over 5 years	—	-73.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-73.10%	—
Current Drawdown Current decline from peak	-27.57%	-56.87%	+29.30%
Average Drawdown Average peak-to-trough decline	-42.35%	-22.73%	-19.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.03%	16.51%	-11.48%

Volatility

FDRV vs. APTV - Volatility Comparison

The current volatility for Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is 9.01%, while Aptiv PLC (APTV) has a volatility of 18.62%. This indicates that FDRV experiences smaller price fluctuations and is considered to be less risky than APTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDRV	APTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.01%	18.62%	-9.61%
Volatility (6M) Calculated over the trailing 6-month period	18.49%	31.62%	-13.13%
Volatility (1Y) Calculated over the trailing 1-year period	25.09%	38.53%	-13.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.03%	39.80%	-7.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.03%	43.16%	-11.13%

Dividends

FDRV vs. APTV - Dividend Comparison

FDRV's dividend yield for the trailing twelve months is around 1.02%, while APTV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APTV Aptiv PLC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.93%	1.43%	22.98%	1.72%	1.17%
FDRV Fidelity Electric Vehicles and Future Transportation ETF	1.02%	1.14%	0.43%	0.24%	0.33%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDRV and APTV in my portfolio?

FDRV and APTV have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDRV or APTV?

APTV has higher volatility (18.62%) compared to FDRV (9.01%). In terms of maximum drawdown, FDRV dropped -63.89% vs APTV's -73.10%.

Which has better risk-adjusted returns?

FDRV currently has the higher Sharpe Ratio (2.15 vs 0.39), 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.