FEDIX vs. PBDC
Compare and contrast key facts about Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) and Putnam BDC Income ETF (PBDC).
FEDIX is managed by Fidelity. It was launched on Nov 1, 2011. PBDC is an actively managed fund by Putnam. It was launched on Sep 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEDIX or PBDC.
Correlation
The correlation between FEDIX and PBDC is 0.57, 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.
Performance
FEDIX vs. PBDC - Performance Comparison
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Key characteristics
FEDIX:
0.22
PBDC:
0.29
FEDIX:
0.39
PBDC:
0.51
FEDIX:
1.05
PBDC:
1.08
FEDIX:
0.16
PBDC:
0.27
FEDIX:
0.43
PBDC:
1.01
FEDIX:
7.06%
PBDC:
5.35%
FEDIX:
15.06%
PBDC:
18.55%
FEDIX:
-43.02%
PBDC:
-20.28%
FEDIX:
-5.34%
PBDC:
-8.50%
Returns By Period
In the year-to-date period, FEDIX achieves a 9.29% return, which is significantly higher than PBDC's -2.02% return.
FEDIX
9.29%
11.78%
3.93%
3.25%
10.22%
4.42%
PBDC
-2.02%
10.13%
3.05%
5.35%
N/A
N/A
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FEDIX vs. PBDC - Expense Ratio Comparison
FEDIX has a 1.19% expense ratio, which is lower than PBDC's 6.79% expense ratio.
Risk-Adjusted Performance
FEDIX vs. PBDC — Risk-Adjusted Performance Rank
FEDIX
PBDC
FEDIX vs. PBDC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) and Putnam BDC Income ETF (PBDC). 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
FEDIX vs. PBDC - Dividend Comparison
FEDIX's dividend yield for the trailing twelve months is around 3.67%, less than PBDC's 9.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FEDIX Fidelity Advisor Emerging Markets Discovery Fund Class I | 3.67% | 4.01% | 2.11% | 1.79% | 2.55% | 0.55% | 1.05% | 1.78% | 0.75% | 0.88% | 0.83% |
PBDC Putnam BDC Income ETF | 9.79% | 9.29% | 9.86% | 3.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FEDIX vs. PBDC - Drawdown Comparison
The maximum FEDIX drawdown since its inception was -43.02%, which is greater than PBDC's maximum drawdown of -20.28%. Use the drawdown chart below to compare losses from any high point for FEDIX and PBDC. For additional features, visit the drawdowns tool.
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Volatility
FEDIX vs. PBDC - Volatility Comparison
The current volatility for Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) is 3.81%, while Putnam BDC Income ETF (PBDC) has a volatility of 6.50%. This indicates that FEDIX experiences smaller price fluctuations and is considered to be less risky than PBDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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