FFDI vs. SPDW
Compare and contrast key facts about Fidelity Fundamental Developed International ETF (FFDI) and SPDR Portfolio World ex-US ETF (SPDW).
FFDI and SPDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFDI is managed by Fidelity. SPDW is a passively managed fund by State Street that tracks the performance of the S&P Developed Ex-U.S. BMI Index. It was launched on Apr 26, 2007.
Performance
FFDI vs. SPDW - Performance Comparison
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FFDI vs. SPDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FFDI Fidelity Fundamental Developed International ETF | -1.62% | 26.66% | -2.09% |
SPDW SPDR Portfolio World ex-US ETF | 2.79% | 34.75% | -1.56% |
Returns By Period
In the year-to-date period, FFDI achieves a -1.62% return, which is significantly lower than SPDW's 2.79% return.
FFDI
- 1D
- 3.70%
- 1M
- -7.78%
- YTD
- -1.62%
- 6M
- -0.36%
- 1Y
- 15.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPDW
- 1D
- 3.30%
- 1M
- -8.46%
- YTD
- 2.79%
- 6M
- 8.61%
- 1Y
- 29.84%
- 3Y*
- 16.03%
- 5Y*
- 8.28%
- 10Y*
- 9.30%
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FFDI vs. SPDW - Expense Ratio Comparison
FFDI has a 0.55% expense ratio, which is higher than SPDW's 0.04% expense ratio.
Return for Risk
FFDI vs. SPDW — Risk / Return Rank
FFDI
SPDW
FFDI vs. SPDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Developed International ETF (FFDI) and SPDR Portfolio World ex-US ETF (SPDW). 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.
| FFDI | SPDW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 1.71 | -0.87 |
Sortino ratioReturn per unit of downside risk | 1.30 | 2.34 | -1.04 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.34 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.23 | 2.49 | -1.26 |
Martin ratioReturn relative to average drawdown | 4.68 | 9.76 | -5.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FFDI | SPDW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.71 | -0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.51 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.21 | +0.68 |
Correlation
The correlation between FFDI and SPDW is 0.94, 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.
Dividends
FFDI vs. SPDW - Dividend Comparison
FFDI's dividend yield for the trailing twelve months is around 2.25%, less than SPDW's 3.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFDI Fidelity Fundamental Developed International ETF | 2.25% | 2.16% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPDW SPDR Portfolio World ex-US ETF | 3.21% | 3.30% | 3.19% | 2.75% | 3.12% | 3.04% | 1.87% | 3.13% | 3.08% | 1.86% | 3.11% | 2.78% |
Drawdowns
FFDI vs. SPDW - Drawdown Comparison
The maximum FFDI drawdown since its inception was -14.39%, smaller than the maximum SPDW drawdown of -60.02%. Use the drawdown chart below to compare losses from any high point for FFDI and SPDW.
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Drawdown Indicators
| FFDI | SPDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.39% | -60.02% | +45.63% |
Max Drawdown (1Y)Largest decline over 1 year | -11.85% | -11.55% | -0.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.21% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.98% | — |
Current DrawdownCurrent decline from peak | -8.54% | -8.63% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -2.09% | -13.01% | +10.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 2.94% | +0.18% |
Volatility
FFDI vs. SPDW - Volatility Comparison
Fidelity Fundamental Developed International ETF (FFDI) has a higher volatility of 9.17% compared to SPDR Portfolio World ex-US ETF (SPDW) at 8.31%. This indicates that FFDI's price experiences larger fluctuations and is considered to be riskier than SPDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFDI | SPDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.17% | 8.31% | +0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 12.29% | 11.51% | +0.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.94% | 17.57% | +1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.09% | 16.26% | +1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 17.15% | +0.94% |