FFDI vs. CIL

Last updated Aug 1, 2026

FFDI (Fidelity Fundamental Developed International ETF) and CIL (VictoryShares International Volatility Wtd ETF) are both Foreign Large Cap Equities funds. FFDI is actively managed, while CIL is passively managed. Over the past year, FFDI returned 14.90% vs 16.21% for CIL. Their 0.67 correlation means they have sometimes moved together and sometimes differently. FFDI charges 0.55%/yr vs 0.45%/yr for CIL.

Performance

FFDI vs. CIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Fundamental Developed International ETF (FFDI) and VictoryShares International Volatility Wtd ETF (CIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFDI achieves a 8.00% return, which is significantly higher than CIL's 5.44% return.

FFDI

• 1D: 0.15%
• 1M: -1.27%
• 6M: 3.71%
• YTD: 8.00%
• 1Y: 14.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.69%

CIL

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 5.44%
• 1Y: 16.21%
• 3Y*: 14.57%
• 5Y*: 7.36%
• 10Y*: 8.18%
• ALL TIME*: 7.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CIL VictoryShares International Volatility Wtd ETF	$0.00	$0.00	$0.00
FFDI Fidelity Fundamental Developed International ETF	$92.88K	$71.34K	$81.38K

FFDI vs. CIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FFDI Fidelity Fundamental Developed International ETF	8.00%	26.66%	-9.21%
CIL VictoryShares International Volatility Wtd ETF	5.44%	32.99%	-2.05%

Correlation

The correlation between FFDI and CIL is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.51
Correlation (All Time) Calculated using the full available price history since Nov 21, 2024	0.67

The correlation between FFDI and CIL shifts across timeframes, from 0.51 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FFDI vs. CIL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FFDI

FFDI Risk / Return Rank: 34
FFDI Sharpe Ratio Rank: 32
FFDI Sortino Ratio Rank: 32
FFDI Omega Ratio Rank: 31
FFDI Calmar Ratio Rank: 35
FFDI Martin Ratio Rank: 40

CIL

CIL Risk / Return Rank: 93
CIL Sharpe Ratio Rank: 93
CIL Sortino Ratio Rank: 94
CIL Omega Ratio Rank: 96
CIL Calmar Ratio Rank: 89
CIL Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FFDI vs. CIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Developed International ETF (FFDI) and VictoryShares International Volatility Wtd ETF (CIL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FFDI	CIL	Difference
Sharpe ratio: Return per unit of total volatility	0.77	2.51	-1.74
Sortino ratio: Return per unit of downside risk	1.22	3.80	-2.58
Omega ratio: Gain probability vs. loss probability	1.15	1.67	-0.52
Calmar ratio: Return relative to maximum drawdown	1.20	3.69	-2.49
Martin ratio: Return relative to average drawdown	4.36	18.41	-14.05

FFDI vs. CIL - Sharpe Ratio Comparison

The current FFDI Sharpe Ratio is 0.77, which is lower than the CIL Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of FFDI and CIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FFDI vs. CIL - Drawdown Comparison

The maximum FFDI drawdown since its inception was -14.39%, smaller than the maximum CIL drawdown of -36.27%. Use the drawdown chart below to compare losses from any high point for FFDI and CIL.

Drawdown Indicators

	FFDI	CIL	Difference
Max Drawdown Largest peak-to-trough decline	-14.39%	-36.27%	+21.88%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	-4.60%	-7.25%
Max Drawdown (3Y) Largest decline over 3 years	—	-11.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.89%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.27%	—
Current Drawdown Current decline from peak	-2.47%	-0.58%	-1.89%
Average Drawdown Average peak-to-trough decline	-2.61%	-6.47%	+3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	1.03%	+2.21%

Volatility

FFDI vs. CIL - Volatility Comparison

Fidelity Fundamental Developed International ETF (FFDI) has a higher volatility of 6.35% compared to VictoryShares International Volatility Wtd ETF (CIL) at 0.00%. This indicates that FFDI's price experiences larger fluctuations and is considered to be riskier than CIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFDI	CIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	0.00%	+6.35%
Volatility (6M) Calculated over the trailing 6-month period	16.59%	2.31%	+14.28%
Volatility (1Y) Calculated over the trailing 1-year period	18.44%	6.80%	+11.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.85%	16.39%	+3.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.85%	16.74%	+3.11%

FFDI vs. CIL - Expense Ratio Comparison

FFDI has a 0.55% expense ratio, which is higher than CIL's 0.45% expense ratio.

Dividends

FFDI vs. CIL - Dividend Comparison

FFDI's dividend yield for the trailing twelve months is around 2.00%, more than CIL's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIL VictoryShares International Volatility Wtd ETF	1.05%	2.70%	3.46%	2.91%	2.41%	3.04%	1.73%	2.69%	2.85%	2.17%	2.34%	0.43%
FFDI Fidelity Fundamental Developed International ETF	2.00%	2.16%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FFDI and CIL in my portfolio?

FFDI and CIL have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FFDI or CIL?

FFDI has higher volatility (6.35%) compared to CIL (0.00%). In terms of maximum drawdown, FFDI dropped -14.39% vs CIL's -36.27%.

Which ETF is better, FFDI or CIL?

On 1-year performance, CIL leads with 16.21% vs 14.90% for FFDI. On fees, CIL is cheaper at 0.45% per year. On volatility, CIL has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FFDI or CIL?

Over the 1-year period, CIL has performed better with a 16.21% return vs 14.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FFDI or CIL?

CIL is cheaper with a 0.45% expense ratio, compared with 0.55% for FFDI.

Which ETF pays a higher dividend yield, FFDI or CIL?

FFDI has the higher dividend yield at 2.00%, compared with 1.05% for CIL.

What is the main difference between FFDI and CIL?

They also come from different issuers: Fidelity and Crestview. Their fees differ too: 0.55% for FFDI and 0.45% for CIL.

Which has better risk-adjusted returns?

CIL currently has the higher Sharpe Ratio (2.51 vs 0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.