FDRV vs. FTQGX
Compare and contrast key facts about Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and Fidelity Focused Stock Fund (FTQGX).
FDRV is an actively managed fund by Fidelity. It was launched on Oct 5, 2021. FTQGX is managed by Fidelity. It was launched on Nov 12, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDRV or FTQGX.
Key characteristics
| FDRV | FTQGX | |
|---|---|---|
| YTD Return | -15.31% | 24.60% |
| 1Y Return | -15.36% | 45.12% |
| Sharpe Ratio | -0.55 | 2.71 |
| Daily Std Dev | 26.46% | 17.35% |
| Max Drawdown | -57.48% | -61.00% |
| Current Drawdown | -51.84% | -1.90% |
Correlation
The correlation between FDRV and FTQGX is 0.76, 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
FDRV vs. FTQGX - Performance Comparison
In the year-to-date period, FDRV achieves a -15.31% return, which is significantly lower than FTQGX's 24.60% 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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FDRV vs. FTQGX - Expense Ratio Comparison
FDRV has a 0.39% expense ratio, which is lower than FTQGX's 0.86% expense ratio.
Risk-Adjusted Performance
FDRV vs. FTQGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and Fidelity Focused Stock Fund (FTQGX). 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
FDRV vs. FTQGX - Dividend Comparison
FDRV's dividend yield for the trailing twelve months is around 0.28%, less than FTQGX's 0.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDRV Fidelity Electric Vehicles and Future Transportation ETF | 0.28% | 0.24% | 0.33% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTQGX Fidelity Focused Stock Fund | 0.49% | 0.61% | 7.96% | 13.53% | 11.41% | 5.07% | 14.71% | 6.34% | 1.08% | 6.16% | 10.44% | 5.74% |
Drawdowns
FDRV vs. FTQGX - Drawdown Comparison
The maximum FDRV drawdown since its inception was -57.48%, smaller than the maximum FTQGX drawdown of -61.00%. Use the drawdown chart below to compare losses from any high point for FDRV and FTQGX. For additional features, visit the drawdowns tool.
Volatility
FDRV vs. FTQGX - Volatility Comparison
Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and Fidelity Focused Stock Fund (FTQGX) have volatilities of 6.18% and 6.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.