FDTX vs. FELG
Compare and contrast key facts about Fidelity Disruptive Technology ETF (FDTX) and Fidelity Enhanced Large Cap Growth ETF (FELG).
FDTX and FELG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDTX is an actively managed fund by Fidelity. It was launched on Apr 16, 2020. FELG is an actively managed fund by Fidelity. It was launched on Nov 20, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDTX or FELG.
Performance
FDTX vs. FELG - Performance Comparison
Returns By Period
In the year-to-date period, FDTX achieves a 23.50% return, which is significantly lower than FELG's 32.05% return.
FDTX
23.50%
4.50%
8.71%
33.47%
N/A
N/A
FELG
32.05%
2.07%
13.92%
37.60%
N/A
N/A
Key characteristics
| FDTX | FELG | |
|---|---|---|
| Daily Std Dev | 22.59% | 16.97% |
| Max Drawdown | -18.61% | -13.29% |
| Current Drawdown | -1.48% | -1.62% |
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FDTX vs. FELG - Expense Ratio Comparison
FDTX has a 0.50% expense ratio, which is higher than FELG's 0.18% expense ratio.
Correlation
The correlation between FDTX and FELG is 0.89, 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.
Risk-Adjusted Performance
FDTX vs. FELG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Technology ETF (FDTX) and Fidelity Enhanced Large Cap Growth ETF (FELG). 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.
Not enough dataDividends
FDTX vs. FELG - Dividend Comparison
FDTX has not paid dividends to shareholders, while FELG's dividend yield for the trailing twelve months is around 0.40%.
| TTM | 2023 | |
|---|---|---|
FDTX Fidelity Disruptive Technology ETF | 0.00% | 0.00% |
FELG Fidelity Enhanced Large Cap Growth ETF | 0.40% | 0.11% |
Drawdowns
FDTX vs. FELG - Drawdown Comparison
The maximum FDTX drawdown since its inception was -18.61%, which is greater than FELG's maximum drawdown of -13.29%. Use the drawdown chart below to compare losses from any high point for FDTX and FELG. For additional features, visit the drawdowns tool.
Volatility
FDTX vs. FELG - Volatility Comparison
Fidelity Disruptive Technology ETF (FDTX) and Fidelity Enhanced Large Cap Growth ETF (FELG) have volatilities of 5.89% and 5.70%, 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.