FIDU vs. HON
Compare and contrast key facts about Fidelity MSCI Industrials Index ETF (FIDU) and Honeywell International Inc (HON).
FIDU is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Industrials Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIDU or HON.
Key characteristics
| FIDU | HON | |
|---|---|---|
| YTD Return | 24.55% | 5.41% |
| 1Y Return | 42.43% | 20.44% |
| 3Y Return (Ann) | 11.33% | 0.86% |
| 5Y Return (Ann) | 14.20% | 5.90% |
| 10Y Return (Ann) | 11.97% | 10.30% |
| Sharpe Ratio | 2.95 | 1.14 |
| Sortino Ratio | 4.12 | 1.58 |
| Omega Ratio | 1.52 | 1.21 |
| Calmar Ratio | 5.01 | 1.08 |
| Martin Ratio | 19.59 | 3.81 |
| Ulcer Index | 2.16% | 5.03% |
| Daily Std Dev | 14.37% | 16.83% |
| Max Drawdown | -42.31% | -71.78% |
| Current Drawdown | -0.34% | -2.18% |
Correlation
The correlation between FIDU and HON is 0.79, 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.
Performance
FIDU vs. HON - Performance Comparison
In the year-to-date period, FIDU achieves a 24.55% return, which is significantly higher than HON's 5.41% return. Over the past 10 years, FIDU has outperformed HON with an annualized return of 11.97%, while HON has yielded a comparatively lower 10.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FIDU vs. HON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Industrials Index ETF (FIDU) and Honeywell International Inc (HON). 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
FIDU vs. HON - Dividend Comparison
FIDU's dividend yield for the trailing twelve months is around 1.18%, less than HON's 1.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDU Fidelity MSCI Industrials Index ETF | 1.18% | 1.42% | 1.48% | 1.12% | 1.28% | 1.73% | 1.99% | 1.60% | 1.63% | 1.98% | 1.55% | 0.31% |
HON Honeywell International Inc | 1.99% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIDU vs. HON - Drawdown Comparison
The maximum FIDU drawdown since its inception was -42.31%, smaller than the maximum HON drawdown of -71.78%. Use the drawdown chart below to compare losses from any high point for FIDU and HON. For additional features, visit the drawdowns tool.
Volatility
FIDU vs. HON - Volatility Comparison
The current volatility for Fidelity MSCI Industrials Index ETF (FIDU) is 5.29%, while Honeywell International Inc (HON) has a volatility of 7.35%. This indicates that FIDU experiences smaller price fluctuations and is considered to be less risky than HON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.