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FFLV vs. AVLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFLV and AVLV is 0.67, 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

FFLV vs. AVLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Fundamental Large Cap Value ETF (FFLV) and Avantis U.S. Large Cap Value ETF (AVLV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFLV:

0.18

AVLV:

0.15

Sortino Ratio

FFLV:

0.49

AVLV:

0.41

Omega Ratio

FFLV:

1.07

AVLV:

1.06

Calmar Ratio

FFLV:

0.27

AVLV:

0.19

Martin Ratio

FFLV:

0.86

AVLV:

0.70

Ulcer Index

FFLV:

5.31%

AVLV:

5.41%

Daily Std Dev

FFLV:

17.18%

AVLV:

19.14%

Max Drawdown

FFLV:

-16.71%

AVLV:

-19.50%

Current Drawdown

FFLV:

-8.62%

AVLV:

-9.56%

Returns By Period

In the year-to-date period, FFLV achieves a -0.85% return, which is significantly higher than AVLV's -3.96% return.


FFLV

YTD

-0.85%

1M

2.71%

6M

-6.40%

1Y

3.07%

5Y*

N/A

10Y*

N/A

AVLV

YTD

-3.96%

1M

3.35%

6M

-7.04%

1Y

2.81%

5Y*

N/A

10Y*

N/A

*Annualized

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FFLV vs. AVLV - Expense Ratio Comparison

FFLV has a 0.38% expense ratio, which is higher than AVLV's 0.15% expense ratio.


Risk-Adjusted Performance

FFLV vs. AVLV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFLV
The Risk-Adjusted Performance Rank of FFLV is 3737
Overall Rank
The Sharpe Ratio Rank of FFLV is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of FFLV is 3737
Sortino Ratio Rank
The Omega Ratio Rank of FFLV is 3636
Omega Ratio Rank
The Calmar Ratio Rank of FFLV is 4343
Calmar Ratio Rank
The Martin Ratio Rank of FFLV is 3838
Martin Ratio Rank

AVLV
The Risk-Adjusted Performance Rank of AVLV is 3232
Overall Rank
The Sharpe Ratio Rank of AVLV is 2727
Sharpe Ratio Rank
The Sortino Ratio Rank of AVLV is 3232
Sortino Ratio Rank
The Omega Ratio Rank of AVLV is 3333
Omega Ratio Rank
The Calmar Ratio Rank of AVLV is 3535
Calmar Ratio Rank
The Martin Ratio Rank of AVLV is 3434
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FFLV vs. AVLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Value ETF (FFLV) and Avantis U.S. Large Cap Value ETF (AVLV). 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.


The current FFLV Sharpe Ratio is 0.18, which is comparable to the AVLV Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of FFLV and AVLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FFLV vs. AVLV - Dividend Comparison

FFLV's dividend yield for the trailing twelve months is around 1.77%, more than AVLV's 1.73% yield.


TTM2024202320222021
FFLV
Fidelity Fundamental Large Cap Value ETF
1.77%1.46%0.00%0.00%0.00%
AVLV
Avantis U.S. Large Cap Value ETF
1.73%1.58%1.85%2.00%0.29%

Drawdowns

FFLV vs. AVLV - Drawdown Comparison

The maximum FFLV drawdown since its inception was -16.71%, smaller than the maximum AVLV drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for FFLV and AVLV. For additional features, visit the drawdowns tool.


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Volatility

FFLV vs. AVLV - Volatility Comparison


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