FIVA vs. EFV
Compare and contrast key facts about Fidelity International Value Factor ETF (FIVA) and iShares MSCI EAFE Value ETF (EFV).
FIVA and EFV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIVA is a passively managed fund by Fidelity that tracks the performance of the Fidelity® International Value Factor Index. It was launched on Jan 16, 2018. EFV is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Value Index. It was launched on Aug 1, 2005. Both FIVA and EFV 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: FIVA or EFV.
Key characteristics
| FIVA | EFV | |
|---|---|---|
| YTD Return | 5.35% | 6.12% |
| 1Y Return | 14.94% | 16.20% |
| 3Y Return (Ann) | 4.34% | 5.71% |
| 5Y Return (Ann) | 5.98% | 5.84% |
| Sharpe Ratio | 1.17 | 1.34 |
| Sortino Ratio | 1.64 | 1.86 |
| Omega Ratio | 1.21 | 1.23 |
| Calmar Ratio | 2.00 | 2.32 |
| Martin Ratio | 6.56 | 7.74 |
| Ulcer Index | 2.32% | 2.17% |
| Daily Std Dev | 13.07% | 12.52% |
| Max Drawdown | -39.76% | -63.94% |
| Current Drawdown | -6.86% | -7.25% |
Correlation
The correlation between FIVA and EFV is 0.93, 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
FIVA vs. EFV - Performance Comparison
In the year-to-date period, FIVA achieves a 5.35% return, which is significantly lower than EFV's 6.12% 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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FIVA vs. EFV - Expense Ratio Comparison
Both FIVA and EFV have an expense ratio of 0.39%.
Risk-Adjusted Performance
FIVA vs. EFV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value Factor ETF (FIVA) and iShares MSCI EAFE Value ETF (EFV). 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
FIVA vs. EFV - Dividend Comparison
FIVA's dividend yield for the trailing twelve months is around 3.60%, less than EFV's 4.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIVA Fidelity International Value Factor ETF | 3.60% | 3.63% | 3.62% | 3.76% | 2.46% | 3.61% | 3.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EFV iShares MSCI EAFE Value ETF | 4.64% | 4.36% | 4.17% | 4.07% | 2.42% | 4.62% | 4.56% | 3.56% | 3.27% | 3.59% | 4.87% | 3.19% |
Drawdowns
FIVA vs. EFV - Drawdown Comparison
The maximum FIVA drawdown since its inception was -39.76%, smaller than the maximum EFV drawdown of -63.94%. Use the drawdown chart below to compare losses from any high point for FIVA and EFV. For additional features, visit the drawdowns tool.
Volatility
FIVA vs. EFV - Volatility Comparison
Fidelity International Value Factor ETF (FIVA) has a higher volatility of 4.43% compared to iShares MSCI EAFE Value ETF (EFV) at 4.14%. This indicates that FIVA's price experiences larger fluctuations and is considered to be riskier than EFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.