Correlation
The correlation between FDRV and CSPX.AS is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
FDRV vs. CSPX.AS
Compare and contrast key facts about Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and iShares Core S&P 500 UCITS ETF (CSPX.AS).
FDRV and CSPX.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDRV is an actively managed fund by Fidelity. It was launched on Oct 5, 2021. CSPX.AS is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 19, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDRV or CSPX.AS.
Performance
FDRV vs. CSPX.AS - Performance Comparison
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Key characteristics
FDRV:
-0.06
CSPX.AS:
0.49
FDRV:
0.19
CSPX.AS:
0.68
FDRV:
1.02
CSPX.AS:
1.10
FDRV:
-0.01
CSPX.AS:
0.34
FDRV:
-0.10
CSPX.AS:
1.08
FDRV:
9.36%
CSPX.AS:
7.41%
FDRV:
32.15%
CSPX.AS:
18.97%
FDRV:
-63.89%
CSPX.AS:
-33.65%
FDRV:
-53.71%
CSPX.AS:
-10.71%
Returns By Period
In the year-to-date period, FDRV achieves a 4.00% return, which is significantly higher than CSPX.AS's -7.64% return.
FDRV
4.00%
4.60%
-0.35%
-1.84%
-11.14%
N/A
N/A
CSPX.AS
-7.64%
4.90%
-8.40%
9.47%
12.39%
15.16%
12.40%
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FDRV vs. CSPX.AS - Expense Ratio Comparison
FDRV has a 0.39% expense ratio, which is higher than CSPX.AS's 0.07% expense ratio.
Risk-Adjusted Performance
FDRV vs. CSPX.AS — Risk-Adjusted Performance Rank
FDRV
CSPX.AS
FDRV vs. CSPX.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and iShares Core S&P 500 UCITS ETF (CSPX.AS). 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.
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Dividends
FDRV vs. CSPX.AS - Dividend Comparison
FDRV's dividend yield for the trailing twelve months is around 0.52%, while CSPX.AS has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
FDRV Fidelity Electric Vehicles and Future Transportation ETF | 0.52% | 0.43% | 0.24% | 0.33% | 0.04% |
CSPX.AS iShares Core S&P 500 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDRV vs. CSPX.AS - Drawdown Comparison
The maximum FDRV drawdown since its inception was -63.89%, which is greater than CSPX.AS's maximum drawdown of -33.65%. Use the drawdown chart below to compare losses from any high point for FDRV and CSPX.AS.
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Volatility
FDRV vs. CSPX.AS - Volatility Comparison
Fidelity Electric Vehicles and Future Transportation ETF (FDRV) has a higher volatility of 8.20% compared to iShares Core S&P 500 UCITS ETF (CSPX.AS) at 5.54%. This indicates that FDRV's price experiences larger fluctuations and is considered to be riskier than CSPX.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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