Correlation
The correlation between FEMIX and DIVO is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
FEMIX vs. DIVO
Compare and contrast key facts about Fidelity Advisor New York Municipal Income Fund Class I (FEMIX) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
FEMIX is managed by Fidelity. It was launched on Aug 1, 2002. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEMIX or DIVO.
Performance
FEMIX vs. DIVO - Performance Comparison
Loading data...
Key characteristics
FEMIX:
0.29
DIVO:
0.97
FEMIX:
0.34
DIVO:
1.36
FEMIX:
1.06
DIVO:
1.20
FEMIX:
0.19
DIVO:
1.05
FEMIX:
0.62
DIVO:
3.97
FEMIX:
2.18%
DIVO:
3.21%
FEMIX:
5.81%
DIVO:
14.07%
FEMIX:
-15.61%
DIVO:
-30.04%
FEMIX:
-4.69%
DIVO:
-1.89%
Returns By Period
In the year-to-date period, FEMIX achieves a -1.96% return, which is significantly lower than DIVO's 3.79% return.
FEMIX
-1.96%
-0.58%
-3.46%
1.67%
1.57%
0.59%
1.87%
DIVO
3.79%
3.42%
-1.53%
13.53%
9.75%
13.22%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEMIX vs. DIVO - Expense Ratio Comparison
FEMIX has a 0.54% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
FEMIX vs. DIVO — Risk-Adjusted Performance Rank
FEMIX
DIVO
FEMIX vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor New York Municipal Income Fund Class I (FEMIX) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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.
Loading data...
Dividends
FEMIX vs. DIVO - Dividend Comparison
FEMIX's dividend yield for the trailing twelve months is around 2.81%, less than DIVO's 4.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMIX Fidelity Advisor New York Municipal Income Fund Class I | 2.81% | 2.72% | 2.55% | 2.55% | 2.80% | 2.70% | 2.80% | 2.94% | 3.55% | 3.88% | 3.98% | 3.37% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.76% | 4.70% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% | 0.00% | 0.00% |
Drawdowns
FEMIX vs. DIVO - Drawdown Comparison
The maximum FEMIX drawdown since its inception was -15.61%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for FEMIX and DIVO.
Loading data...
Volatility
FEMIX vs. DIVO - Volatility Comparison
The current volatility for Fidelity Advisor New York Municipal Income Fund Class I (FEMIX) is 0.71%, while Amplify CWP Enhanced Dividend Income ETF (DIVO) has a volatility of 3.09%. This indicates that FEMIX experiences smaller price fluctuations and is considered to be less risky than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...