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FELG vs. FDTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FELGFDTX
YTD Return34.23%25.29%
Daily Std Dev16.93%22.57%
Max Drawdown-13.29%-18.61%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.9

The correlation between FELG and FDTX 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.

Performance

FELG vs. FDTX - Performance Comparison

In the year-to-date period, FELG achieves a 34.23% return, which is significantly higher than FDTX's 25.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
16.22%
10.32%
FELG
FDTX

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FELG vs. FDTX - Expense Ratio Comparison

FELG has a 0.18% expense ratio, which is lower than FDTX's 0.50% expense ratio.


FDTX
Fidelity Disruptive Technology ETF
Expense ratio chart for FDTX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for FELG: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

FELG vs. FDTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Large Cap Growth ETF (FELG) and Fidelity Disruptive Technology ETF (FDTX). 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.


FELG
Sharpe ratio
No data
FDTX
Sharpe ratio
The chart of Sharpe ratio for FDTX, currently valued at 1.87, compared to the broader market-2.000.002.004.006.001.87
Sortino ratio
The chart of Sortino ratio for FDTX, currently valued at 2.45, compared to the broader market-2.000.002.004.006.008.0010.0012.002.45
Omega ratio
The chart of Omega ratio for FDTX, currently valued at 1.33, compared to the broader market1.001.502.002.503.001.33
Calmar ratio
The chart of Calmar ratio for FDTX, currently valued at 2.50, compared to the broader market0.005.0010.0015.002.50
Martin ratio
The chart of Martin ratio for FDTX, currently valued at 8.26, compared to the broader market0.0020.0040.0060.0080.00100.00120.008.26

FELG vs. FDTX - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

FELG vs. FDTX - Dividend Comparison

FELG's dividend yield for the trailing twelve months is around 0.39%, while FDTX has not paid dividends to shareholders.


TTM2023
FELG
Fidelity Enhanced Large Cap Growth ETF
0.39%0.11%
FDTX
Fidelity Disruptive Technology ETF
0.00%0.00%

Drawdowns

FELG vs. FDTX - Drawdown Comparison

The maximum FELG drawdown since its inception was -13.29%, smaller than the maximum FDTX drawdown of -18.61%. Use the drawdown chart below to compare losses from any high point for FELG and FDTX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
FELG
FDTX

Volatility

FELG vs. FDTX - Volatility Comparison

The current volatility for Fidelity Enhanced Large Cap Growth ETF (FELG) is 5.17%, while Fidelity Disruptive Technology ETF (FDTX) has a volatility of 5.63%. This indicates that FELG experiences smaller price fluctuations and is considered to be less risky than FDTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.17%
5.63%
FELG
FDTX