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

Correlation

The correlation between FELG and FDTX is 0.85, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

FELG vs. FDTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Enhanced Large Cap Growth ETF (FELG) and Fidelity Disruptive Technology ETF (FDTX). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
27.21%
22.14%
FELG
FDTX

Key characteristics

Sharpe Ratio

FELG:

0.50

FDTX:

0.17

Sortino Ratio

FELG:

0.85

FDTX:

0.44

Omega Ratio

FELG:

1.12

FDTX:

1.06

Calmar Ratio

FELG:

0.52

FDTX:

0.19

Martin Ratio

FELG:

1.81

FDTX:

0.60

Ulcer Index

FELG:

6.91%

FDTX:

8.50%

Daily Std Dev

FELG:

25.25%

FDTX:

29.47%

Max Drawdown

FELG:

-23.89%

FDTX:

-27.23%

Current Drawdown

FELG:

-13.35%

FDTX:

-15.84%

Returns By Period

In the year-to-date period, FELG achieves a -9.87% return, which is significantly lower than FDTX's -8.85% return.


FELG

YTD

-9.87%

1M

1.24%

6M

-5.53%

1Y

10.97%

5Y*

N/A

10Y*

N/A

FDTX

YTD

-8.85%

1M

1.54%

6M

-3.96%

1Y

3.87%

5Y*

N/A

10Y*

N/A

*Annualized

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FELG vs. FDTX - Expense Ratio Comparison

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


Expense ratio chart for FDTX: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FDTX: 0.50%
Expense ratio chart for FELG: current value is 0.18%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FELG: 0.18%

Risk-Adjusted Performance

FELG vs. FDTX — Risk-Adjusted Performance Rank

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

FELG
The Risk-Adjusted Performance Rank of FELG is 6060
Overall Rank
The Sharpe Ratio Rank of FELG is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of FELG is 6060
Sortino Ratio Rank
The Omega Ratio Rank of FELG is 6060
Omega Ratio Rank
The Calmar Ratio Rank of FELG is 6464
Calmar Ratio Rank
The Martin Ratio Rank of FELG is 5757
Martin Ratio Rank

FDTX
The Risk-Adjusted Performance Rank of FDTX is 3737
Overall Rank
The Sharpe Ratio Rank of FDTX is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of FDTX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of FDTX is 3939
Omega Ratio Rank
The Calmar Ratio Rank of FDTX is 3939
Calmar Ratio Rank
The Martin Ratio Rank of FDTX is 3535
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for FELG, currently valued at 0.50, compared to the broader market-1.000.001.002.003.004.00
FELG: 0.50
FDTX: 0.18
The chart of Sortino ratio for FELG, currently valued at 0.85, compared to the broader market-2.000.002.004.006.008.00
FELG: 0.85
FDTX: 0.45
The chart of Omega ratio for FELG, currently valued at 1.12, compared to the broader market0.501.001.502.002.50
FELG: 1.12
FDTX: 1.06
The chart of Calmar ratio for FELG, currently valued at 0.52, compared to the broader market0.002.004.006.008.0010.0012.00
FELG: 0.52
FDTX: 0.19
The chart of Martin ratio for FELG, currently valued at 1.81, compared to the broader market0.0020.0040.0060.00
FELG: 1.81
FDTX: 0.61

The current FELG Sharpe Ratio is 0.50, which is higher than the FDTX Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of FELG and FDTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchApril
0.50
0.18
FELG
FDTX

Dividends

FELG vs. FDTX - Dividend Comparison

FELG's dividend yield for the trailing twelve months is around 0.53%, while FDTX has not paid dividends to shareholders.


TTM20242023
FELG
Fidelity Enhanced Large Cap Growth ETF
0.53%0.44%0.11%
FDTX
Fidelity Disruptive Technology ETF
0.00%0.00%0.00%

Drawdowns

FELG vs. FDTX - Drawdown Comparison

The maximum FELG drawdown since its inception was -23.89%, smaller than the maximum FDTX drawdown of -27.23%. Use the drawdown chart below to compare losses from any high point for FELG and FDTX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.35%
-15.84%
FELG
FDTX

Volatility

FELG vs. FDTX - Volatility Comparison

The current volatility for Fidelity Enhanced Large Cap Growth ETF (FELG) is 16.75%, while Fidelity Disruptive Technology ETF (FDTX) has a volatility of 17.89%. 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.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
16.75%
17.89%
FELG
FDTX