FIDU vs. XLF
Compare and contrast key facts about Fidelity MSCI Industrials Index ETF (FIDU) and Financial Select Sector SPDR Fund (XLF).
FIDU and XLF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998. Both FIDU and XLF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIDU or XLF.
Key characteristics
| FIDU | XLF | |
|---|---|---|
| YTD Return | 25.39% | 33.79% |
| 1Y Return | 41.42% | 49.31% |
| 3Y Return (Ann) | 11.52% | 9.45% |
| 5Y Return (Ann) | 14.35% | 13.15% |
| 10Y Return (Ann) | 12.07% | 11.95% |
| Sharpe Ratio | 2.88 | 3.54 |
| Sortino Ratio | 4.02 | 4.96 |
| Omega Ratio | 1.50 | 1.65 |
| Calmar Ratio | 5.86 | 3.19 |
| Martin Ratio | 19.19 | 25.45 |
| Ulcer Index | 2.16% | 1.93% |
| Daily Std Dev | 14.41% | 13.86% |
| Max Drawdown | -42.31% | -82.69% |
| Current Drawdown | -1.16% | -0.30% |
Correlation
The correlation between FIDU and XLF is 0.80, 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. XLF - Performance Comparison
In the year-to-date period, FIDU achieves a 25.39% return, which is significantly lower than XLF's 33.79% return. Both investments have delivered pretty close results over the past 10 years, with FIDU having a 12.07% annualized return and XLF not far behind at 11.95%. 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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FIDU vs. XLF - Expense Ratio Comparison
FIDU has a 0.08% expense ratio, which is lower than XLF's 0.13% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FIDU vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Industrials Index ETF (FIDU) and Financial Select Sector SPDR Fund (XLF). 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. XLF - Dividend Comparison
FIDU's dividend yield for the trailing twelve months is around 1.17%, less than XLF's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDU Fidelity MSCI Industrials Index ETF | 1.17% | 1.42% | 1.48% | 1.12% | 1.28% | 1.73% | 1.99% | 1.60% | 1.63% | 1.98% | 1.55% | 0.31% |
XLF Financial Select Sector SPDR Fund | 1.34% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 1.95% | 1.61% | 1.47% |
Drawdowns
FIDU vs. XLF - Drawdown Comparison
The maximum FIDU drawdown since its inception was -42.31%, smaller than the maximum XLF drawdown of -82.69%. Use the drawdown chart below to compare losses from any high point for FIDU and XLF. For additional features, visit the drawdowns tool.
Volatility
FIDU vs. XLF - Volatility Comparison
The current volatility for Fidelity MSCI Industrials Index ETF (FIDU) is 5.24%, while Financial Select Sector SPDR Fund (XLF) has a volatility of 7.08%. This indicates that FIDU experiences smaller price fluctuations and is considered to be less risky than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.