FENI vs. SPYV
Compare and contrast key facts about Fidelity Enhanced International ETF (FENI) and SPDR Portfolio S&P 500 Value ETF (SPYV).
FENI and SPYV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FENI is a passively managed fund by Fidelity that tracks the performance of the MSCI EAFE Index. It was launched on Dec 20, 2007. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000. Both FENI and SPYV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FENI or SPYV.
Key characteristics
| FENI | SPYV | |
|---|---|---|
| YTD Return | 11.30% | 7.55% |
| Daily Std Dev | 10.52% | 10.81% |
| Max Drawdown | -4.76% | -58.45% |
| Current Drawdown | 0.00% | -0.42% |
Correlation
The correlation between FENI and SPYV is 0.70, 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
FENI vs. SPYV - Performance Comparison
In the year-to-date period, FENI achieves a 11.30% return, which is significantly higher than SPYV's 7.55% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FENI vs. SPYV - Expense Ratio Comparison
FENI has a 0.28% expense ratio, which is higher than SPYV's 0.04% expense ratio.
Risk-Adjusted Performance
FENI vs. SPYV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced International ETF (FENI) and SPDR Portfolio S&P 500 Value ETF (SPYV). 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.
Not enough dataDividends
FENI vs. SPYV - Dividend Comparison
FENI's dividend yield for the trailing twelve months is around 0.80%, less than SPYV's 1.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FENI Fidelity Enhanced International ETF | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYV SPDR Portfolio S&P 500 Value ETF | 1.79% | 1.75% | 2.22% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% | 1.96% |
Drawdowns
FENI vs. SPYV - Drawdown Comparison
The maximum FENI drawdown since its inception was -4.76%, smaller than the maximum SPYV drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for FENI and SPYV. For additional features, visit the drawdowns tool.
Volatility
FENI vs. SPYV - Volatility Comparison
Fidelity Enhanced International ETF (FENI) has a higher volatility of 3.08% compared to SPDR Portfolio S&P 500 Value ETF (SPYV) at 2.23%. This indicates that FENI's price experiences larger fluctuations and is considered to be riskier than SPYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.