FFLC vs. MOAT
Compare and contrast key facts about Fidelity Fundamental Large Cap Core ETF (FFLC) and VanEck Vectors Morningstar Wide Moat ETF (MOAT).
FFLC and MOAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFLC is an actively managed fund by Fidelity. It was launched on Jun 2, 2020. MOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Wide Moat Focus Index. It was launched on Apr 24, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFLC or MOAT.
Performance
FFLC vs. MOAT - Performance Comparison
Returns By Period
In the year-to-date period, FFLC achieves a 31.37% return, which is significantly higher than MOAT's 14.82% return.
FFLC
31.37%
2.14%
11.75%
37.42%
N/A
N/A
MOAT
14.82%
1.09%
10.56%
25.88%
13.95%
13.24%
Key characteristics
| FFLC | MOAT | |
|---|---|---|
| Sharpe Ratio | 2.84 | 2.18 |
| Sortino Ratio | 3.84 | 2.97 |
| Omega Ratio | 1.51 | 1.38 |
| Calmar Ratio | 4.19 | 3.92 |
| Martin Ratio | 19.84 | 11.32 |
| Ulcer Index | 1.89% | 2.29% |
| Daily Std Dev | 13.19% | 11.89% |
| Max Drawdown | -15.86% | -33.31% |
| Current Drawdown | -0.96% | -0.55% |
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FFLC vs. MOAT - Expense Ratio Comparison
FFLC has a 0.38% expense ratio, which is lower than MOAT's 0.48% expense ratio.
Correlation
The correlation between FFLC and MOAT is 0.83, 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.
Risk-Adjusted Performance
FFLC vs. MOAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Core ETF (FFLC) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). 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.
Dividends
FFLC vs. MOAT - Dividend Comparison
FFLC's dividend yield for the trailing twelve months is around 0.68%, less than MOAT's 0.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFLC Fidelity Fundamental Large Cap Core ETF | 0.68% | 0.57% | 1.67% | 1.68% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MOAT VanEck Vectors Morningstar Wide Moat ETF | 0.75% | 0.86% | 1.25% | 1.08% | 1.45% | 1.31% | 1.79% | 1.07% | 1.17% | 2.13% | 1.34% | 0.79% |
Drawdowns
FFLC vs. MOAT - Drawdown Comparison
The maximum FFLC drawdown since its inception was -15.86%, smaller than the maximum MOAT drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for FFLC and MOAT. For additional features, visit the drawdowns tool.
Volatility
FFLC vs. MOAT - Volatility Comparison
Fidelity Fundamental Large Cap Core ETF (FFLC) has a higher volatility of 4.15% compared to VanEck Vectors Morningstar Wide Moat ETF (MOAT) at 3.60%. This indicates that FFLC's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.