FDVV vs. VITSX

Last updated Jun 14, 2026

FDVV (Fidelity High Dividend ETF) and VITSX (Vanguard Total Stock Market Index Fund Institutional Shares) are both Large Cap Blend Equities funds - FDVV tracks the Fidelity Core Dividend Index while VITSX tracks the CRSP US Total Market Index. Both are passively managed. Over the past 5 years, FDVV returned 13.53%/yr vs 12.10%/yr for VITSX. Their correlation of 0.88 suggests significant overlap in exposure. FDVV charges 0.29%/yr vs 0.03%/yr for VITSX.

Performance

FDVV vs. VITSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity High Dividend ETF (FDVV) and Vanguard Total Stock Market Index Fund Institutional Shares (VITSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FDVV having a 9.30% return and VITSX slightly lower at 9.11%.

FDVV

• 1D: 0.57%
• 1M: 2.54%
• YTD: 9.30%
• 6M: 9.44%
• 1Y: 23.92%
• 3Y*: 19.75%
• 5Y*: 13.53%
• 10Y*: —

VITSX

• 1D: 1.88%
• 1M: -0.74%
• YTD: 9.11%
• 6M: 9.18%
• 1Y: 25.69%
• 3Y*: 20.73%
• 5Y*: 12.10%
• 10Y*: 14.94%

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

FDVV vs. VITSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDVV Fidelity High Dividend ETF	9.30%	17.08%	21.81%	18.00%	-4.21%	29.24%	2.80%	24.07%	-1.26%	14.00%
VITSX Vanguard Total Stock Market Index Fund Institutional Shares	9.11%	17.14%	23.25%	26.51%	-19.51%	25.74%	20.99%	30.80%	-5.18%	21.16%

Correlation

The correlation between FDVV and VITSX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Sep 15, 2016	0.88

The correlation between FDVV and VITSX has been stable across timeframes, ranging from 0.81 to 0.89 - a consistent structural relationship.

FDVV vs. VITSX - Sectors Allocation Comparison

Sectors	FDVV	VITSX
Technology	30.5%	33.3%
Financial Services	17.0%	11.9%
Consumer Cyclical	13.6%	9.8%
Consumer Defensive	10.7%	4.7%
Real Estate	9.9%	2.4%
Utilities	8.6%	2.7%
Communication Services	3.6%	10.1%
Healthcare	3.0%	9.1%
Industrials	3.0%	9.5%
Basic Materials	-	2.0%
Energy	-	3.8%

Return for Risk

FDVV vs. VITSX — Risk / Return Rank

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

FDVV

FDVV Risk / Return Rank: 73
FDVV Sharpe Ratio Rank: 81
FDVV Sortino Ratio Rank: 82
FDVV Omega Ratio Rank: 81
FDVV Calmar Ratio Rank: 56
FDVV Martin Ratio Rank: 64

VITSX

VITSX Risk / Return Rank: 72
VITSX Sharpe Ratio Rank: 70
VITSX Sortino Ratio Rank: 66
VITSX Omega Ratio Rank: 66
VITSX Calmar Ratio Rank: 74
VITSX Martin Ratio Rank: 83

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.

FDVV vs. VITSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity High Dividend ETF (FDVV) and Vanguard Total Stock Market Index Fund Institutional Shares (VITSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FDVV	VITSX	Difference
Sharpe ratio: Return per unit of total volatility	2.24	1.94	+0.30
Sortino ratio: Return per unit of downside risk	3.14	2.65	+0.49
Omega ratio: Gain probability vs. loss probability	1.41	1.35	+0.06
Calmar ratio: Return relative to maximum drawdown	2.44	2.77	-0.33
Martin ratio: Return relative to average drawdown	10.11	12.46	-2.36

FDVV vs. VITSX - Sharpe Ratio Comparison

The current FDVV Sharpe Ratio is 2.24, which is comparable to the VITSX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of FDVV and VITSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDVV vs. VITSX - Drawdown Comparison

The maximum FDVV drawdown since its inception was -40.25%, smaller than the maximum VITSX drawdown of -55.30%. Use the drawdown chart below to compare losses from any high point for FDVV and VITSX.

Drawdown Indicators

	FDVV	VITSX	Difference
Max Drawdown Largest peak-to-trough decline	-40.25%	-55.30%	+15.05%
Max Drawdown (1Y) Largest decline over 1 year	-9.30%	-8.92%	-0.38%
Max Drawdown (3Y) Largest decline over 3 years	-15.90%	-19.36%	+3.46%
Max Drawdown (5Y) Largest decline over 5 years	-20.18%	-25.36%	+5.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.97%	—
Current Drawdown Current decline from peak	-0.29%	-2.56%	+2.27%
Average Drawdown Average peak-to-trough decline	-3.80%	-10.06%	+6.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	1.98%	+0.26%

Volatility

FDVV vs. VITSX - Volatility Comparison

The current volatility for Fidelity High Dividend ETF (FDVV) is 3.16%, while Vanguard Total Stock Market Index Fund Institutional Shares (VITSX) has a volatility of 4.60%. This indicates that FDVV experiences smaller price fluctuations and is considered to be less risky than VITSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDVV	VITSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	4.60%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	8.16%	9.93%	-1.77%
Volatility (1Y) Calculated over the trailing 1-year period	10.12%	12.72%	-2.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.76%	17.44%	-2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	18.44%	-1.46%

FDVV vs. VITSX - Expense Ratio Comparison

FDVV has a 0.29% expense ratio, which is higher than VITSX's 0.03% expense ratio.

Dividends

FDVV vs. VITSX - Dividend Comparison

FDVV's dividend yield for the trailing twelve months is around 2.70%, more than VITSX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDVV Fidelity High Dividend ETF	2.70%	2.89%	2.94%	3.77%	3.44%	2.70%	3.19%	3.93%	4.05%	3.66%	1.04%	0.00%
VITSX Vanguard Total Stock Market Index Fund Institutional Shares	1.03%	1.12%	1.27%	1.43%	1.66%	1.21%	1.42%	1.77%	2.04%	1.71%	1.93%	1.99%

Frequently Asked Questions

Can I hold both FDVV and VITSX in my portfolio?

FDVV and VITSX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDVV or VITSX?

VITSX has higher volatility (4.60%) compared to FDVV (3.16%). In terms of maximum drawdown, FDVV dropped -40.25% vs VITSX's -55.30%.

Which has better risk-adjusted returns?

FDVV currently has the higher Sharpe Ratio (2.24 vs 1.94), 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.