FDVV vs. WMT
FDVV (Fidelity High Dividend ETF) is Large Cap Blend Equities fund tracking the Fidelity Core Dividend Index, while WMT (Walmart Inc.) is a stock. Over the past 5 years, FDVV returned 14.17%/yr vs 20.06%/yr for WMT. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
FDVV vs. WMT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDVV achieves a 12.19% return, which is significantly higher than WMT's 0.21% return.
FDVV
- 1D
- -0.35%
- 1M
- 3.10%
- 6M
- 9.39%
- YTD
- 12.19%
- 1Y
- 20.46%
- 3Y*
- 18.35%
- 5Y*
- 14.17%
- 10Y*
- —
- ALL TIME*
- 13.71%
WMT
- 1D
- 0.09%
- 1M
- 2.19%
- 6M
- -6.30%
- YTD
- 0.21%
- 1Y
- 14.44%
- 3Y*
- 29.39%
- 5Y*
- 20.06%
- 10Y*
- 18.40%
- ALL TIME*
- 18.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $48.25M | $48.28M | $45.73M | |
WMT Walmart Inc. | $2.47B | $2.41B | $2.70B |
FDVV vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDVV Fidelity High Dividend ETF | 12.19% | 17.08% | 21.81% | 18.00% | -4.21% | 29.24% | 2.80% | 24.07% | -1.26% | 14.00% |
WMT Walmart Inc. | 0.21% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between FDVV and WMT is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2016 | 0.33 |
Over the past year, the correlation between FDVV and WMT has dropped to 0.09 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FDVV vs. WMT — Risk / Return Rank
FDVV
WMT
FDVV vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity High Dividend ETF (FDVV) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.12 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 0.75 | +1.46 |
| Martin ratioReturn relative to average drawdown | 9.10 | 1.96 | +7.14 |
Loading charts...
Drawdowns
FDVV vs. WMT - Drawdown Comparison
The maximum FDVV drawdown since its inception was -40.25%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for FDVV and WMT.
Loading charts...
Drawdown Indicators
| FDVV | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.25% | -77.14% | +36.89% |
Max Drawdown (1Y)Largest decline over 1 year | -9.30% | -19.23% | +9.93% |
Max Drawdown (3Y)Largest decline over 3 years | -15.90% | -21.93% | +6.03% |
Max Drawdown (5Y)Largest decline over 5 years | -20.18% | -25.74% | +5.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.74% | — |
Current DrawdownCurrent decline from peak | -1.12% | -17.14% | +16.02% |
Average DrawdownAverage peak-to-trough decline | -3.76% | -14.63% | +10.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 7.39% | -5.13% |
Volatility
FDVV vs. WMT - Volatility Comparison
The current volatility for Fidelity High Dividend ETF (FDVV) is 3.04%, while Walmart Inc. (WMT) has a volatility of 6.81%. This indicates that FDVV experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FDVV | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 6.81% | -3.77% |
Volatility (6M)Calculated over the trailing 6-month period | 8.35% | 19.61% | -11.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.37% | 24.77% | -14.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.68% | 21.96% | -7.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.91% | 21.90% | -4.99% |
Dividends
FDVV vs. WMT - Dividend Comparison
FDVV's dividend yield for the trailing twelve months is around 2.76%, more than WMT's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDVV Fidelity High Dividend ETF | 2.76% | 2.89% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.66% | 1.04% | 0.00% |
WMT Walmart Inc. | 0.87% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
FDVV and WMT have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (6.81%) compared to FDVV (3.04%). In terms of maximum drawdown, FDVV dropped -40.25% vs WMT's -77.14%.
FDVV currently has the higher Sharpe Ratio (1.99 vs 0.59), 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.
Find the right allocation for FDVV and WMT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer