FFSM vs. FFLV
Compare and contrast key facts about Fidelity Fundamental Small-Mid Cap ETF (FFSM) and Fidelity Fundamental Large Cap Value ETF (FFLV).
FFSM and FFLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFSM is an actively managed fund by Fidelity. It was launched on Feb 2, 2021. FFLV is an actively managed fund by Fidelity. It was launched on Feb 22, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFSM or FFLV.
Correlation
The correlation between FFSM and FFLV 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
FFSM vs. FFLV - Performance Comparison
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Key characteristics
FFSM:
0.01
FFLV:
0.18
FFSM:
0.25
FFLV:
0.49
FFSM:
1.03
FFLV:
1.07
FFSM:
0.05
FFLV:
0.27
FFSM:
0.16
FFLV:
0.86
FFSM:
7.99%
FFLV:
5.31%
FFSM:
23.09%
FFLV:
17.18%
FFSM:
-26.65%
FFLV:
-16.71%
FFSM:
-12.53%
FFLV:
-8.62%
Returns By Period
In the year-to-date period, FFSM achieves a -4.18% return, which is significantly lower than FFLV's -0.85% return.
FFSM
-4.18%
6.02%
-11.05%
0.33%
N/A
N/A
FFLV
-0.85%
2.71%
-6.40%
3.07%
N/A
N/A
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FFSM vs. FFLV - Expense Ratio Comparison
FFSM has a 0.43% expense ratio, which is higher than FFLV's 0.38% expense ratio.
Risk-Adjusted Performance
FFSM vs. FFLV — Risk-Adjusted Performance Rank
FFSM
FFLV
FFSM vs. FFLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Small-Mid Cap ETF (FFSM) and Fidelity Fundamental Large Cap Value ETF (FFLV). 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.
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Dividends
FFSM vs. FFLV - Dividend Comparison
FFSM's dividend yield for the trailing twelve months is around 0.70%, less than FFLV's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
FFSM Fidelity Fundamental Small-Mid Cap ETF | 0.70% | 0.62% | 0.56% | 0.58% | 0.37% |
FFLV Fidelity Fundamental Large Cap Value ETF | 1.77% | 1.46% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFSM vs. FFLV - Drawdown Comparison
The maximum FFSM drawdown since its inception was -26.65%, which is greater than FFLV's maximum drawdown of -16.71%. Use the drawdown chart below to compare losses from any high point for FFSM and FFLV. For additional features, visit the drawdowns tool.
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Volatility
FFSM vs. FFLV - Volatility Comparison
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