FHLC vs. FDVV
Compare and contrast key facts about Fidelity MSCI Health Care Index ETF (FHLC) and Fidelity High Dividend ETF (FDVV).
FHLC and FDVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FHLC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Health Care Index. It was launched on Oct 21, 2013. FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016. Both FHLC and FDVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FHLC vs. FDVV - Performance Comparison
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FHLC vs. FDVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHLC Fidelity MSCI Health Care Index ETF | -4.97% | 15.42% | 2.48% | 2.58% | -5.55% | 20.39% | 18.13% | 21.94% | 4.71% | 23.34% |
FDVV Fidelity High Dividend ETF | -1.78% | 17.08% | 21.81% | 18.00% | -4.21% | 29.24% | 2.80% | 24.07% | -1.26% | 14.00% |
Returns By Period
In the year-to-date period, FHLC achieves a -4.97% return, which is significantly lower than FDVV's -1.78% return.
FHLC
- 1D
- 2.28%
- 1M
- -7.46%
- YTD
- -4.97%
- 6M
- 5.95%
- 1Y
- 4.53%
- 3Y*
- 6.14%
- 5Y*
- 5.07%
- 10Y*
- 9.60%
FDVV
- 1D
- 2.35%
- 1M
- -5.66%
- YTD
- -1.78%
- 6M
- 0.65%
- 1Y
- 14.82%
- 3Y*
- 16.89%
- 5Y*
- 12.68%
- 10Y*
- —
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FHLC vs. FDVV - Expense Ratio Comparison
FHLC has a 0.08% expense ratio, which is lower than FDVV's 0.29% expense ratio.
Return for Risk
FHLC vs. FDVV — Risk / Return Rank
FHLC
FDVV
FHLC vs. FDVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Health Care Index ETF (FHLC) and Fidelity High Dividend ETF (FDVV). 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.
| FHLC | FDVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.26 | 0.97 | -0.71 |
Sortino ratioReturn per unit of downside risk | 0.48 | 1.41 | -0.94 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.23 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.51 | 1.29 | -0.78 |
Martin ratioReturn relative to average drawdown | 1.08 | 5.68 | -4.61 |
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
| FHLC | FDVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | 0.97 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.86 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.74 | -0.13 |
Correlation
The correlation between FHLC and FDVV is 0.65, 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.
Dividends
FHLC vs. FDVV - Dividend Comparison
FHLC's dividend yield for the trailing twelve months is around 1.44%, less than FDVV's 3.00% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHLC Fidelity MSCI Health Care Index ETF | 1.44% | 1.40% | 1.51% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 1.38% | 1.38% | 1.40% | 2.07% |
FDVV Fidelity High Dividend ETF | 3.00% | 2.89% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.66% | 1.04% | 0.00% |
Drawdowns
FHLC vs. FDVV - Drawdown Comparison
The maximum FHLC drawdown since its inception was -28.76%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for FHLC and FDVV.
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Drawdown Indicators
| FHLC | FDVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.76% | -40.25% | +11.49% |
Max Drawdown (1Y)Largest decline over 1 year | -10.38% | -12.34% | +1.96% |
Max Drawdown (5Y)Largest decline over 5 years | -17.73% | -20.18% | +2.45% |
Max Drawdown (10Y)Largest decline over 10 years | -28.76% | — | — |
Current DrawdownCurrent decline from peak | -7.99% | -7.04% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -5.16% | -3.85% | -1.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.04% | 2.81% | +2.23% |
Volatility
FHLC vs. FDVV - Volatility Comparison
Fidelity MSCI Health Care Index ETF (FHLC) has a higher volatility of 5.14% compared to Fidelity High Dividend ETF (FDVV) at 4.48%. This indicates that FHLC's price experiences larger fluctuations and is considered to be riskier than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHLC | FDVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.14% | 4.48% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 10.26% | 7.68% | +2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.61% | 15.34% | +2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.85% | 14.74% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.82% | 17.09% | -0.27% |