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FELV vs. FNDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FELVFNDX
YTD Return21.95%22.24%
Daily Std Dev10.67%11.10%
Max Drawdown-5.34%-37.71%
Current Drawdown-0.72%-0.60%

Correlation

-0.50.00.51.00.9

The correlation between FELV and FNDX is 0.95, 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

FELV vs. FNDX - Performance Comparison

The year-to-date returns for both investments are quite close, with FELV having a 21.95% return and FNDX slightly higher at 22.24%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
11.76%
11.89%
FELV
FNDX

Compare stocks, funds, or ETFs

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


FELV vs. FNDX - Expense Ratio Comparison

FELV has a 0.18% expense ratio, which is lower than FNDX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FNDX
Schwab Fundamental U.S. Large Company Index ETF
Expense ratio chart for FNDX: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for FELV: 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

FELV vs. FNDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Large Cap Value ETF (FELV) and Schwab Fundamental U.S. Large Company Index ETF (FNDX). 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.


FELV
Sharpe ratio
No data
FNDX
Sharpe ratio
The chart of Sharpe ratio for FNDX, currently valued at 3.26, compared to the broader market-2.000.002.004.003.26
Sortino ratio
The chart of Sortino ratio for FNDX, currently valued at 4.46, compared to the broader market-2.000.002.004.006.008.0010.0012.004.46
Omega ratio
The chart of Omega ratio for FNDX, currently valued at 1.60, compared to the broader market1.001.502.002.503.001.60
Calmar ratio
The chart of Calmar ratio for FNDX, currently valued at 5.61, compared to the broader market0.005.0010.0015.005.61
Martin ratio
The chart of Martin ratio for FNDX, currently valued at 21.53, compared to the broader market0.0020.0040.0060.0080.00100.00120.0021.53

FELV vs. FNDX - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

FELV vs. FNDX - Dividend Comparison

FELV's dividend yield for the trailing twelve months is around 1.50%, less than FNDX's 3.25% yield.


TTM20232022202120202019201820172016201520142013
FELV
Fidelity Enhanced Large Cap Value ETF
1.50%0.04%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FNDX
Schwab Fundamental U.S. Large Company Index ETF
3.25%3.56%3.20%2.41%3.38%5.67%4.83%3.81%3.94%3.85%3.97%1.24%

Drawdowns

FELV vs. FNDX - Drawdown Comparison

The maximum FELV drawdown since its inception was -5.34%, smaller than the maximum FNDX drawdown of -37.71%. Use the drawdown chart below to compare losses from any high point for FELV and FNDX. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.72%
-0.60%
FELV
FNDX

Volatility

FELV vs. FNDX - Volatility Comparison

Fidelity Enhanced Large Cap Value ETF (FELV) and Schwab Fundamental U.S. Large Company Index ETF (FNDX) have volatilities of 3.78% and 3.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.78%
3.89%
FELV
FNDX