FIVA vs. RWX
Compare and contrast key facts about Fidelity International Value Factor ETF (FIVA) and SPDR DJ Wilshire International Real Estate ETF (RWX).
FIVA and RWX 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. RWX is a passively managed fund by State Street that tracks the performance of the Dow Jones Global ex-U.S. Real Estate Securities Index. It was launched on Dec 15, 2006. Both FIVA and RWX 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 RWX.
Key characteristics
| FIVA | RWX | |
|---|---|---|
| YTD Return | 5.35% | -7.90% |
| 1Y Return | 14.94% | 6.02% |
| 3Y Return (Ann) | 4.34% | -8.69% |
| 5Y Return (Ann) | 5.98% | -4.65% |
| Sharpe Ratio | 1.17 | 0.40 |
| Sortino Ratio | 1.64 | 0.68 |
| Omega Ratio | 1.21 | 1.08 |
| Calmar Ratio | 2.00 | 0.19 |
| Martin Ratio | 6.56 | 1.00 |
| Ulcer Index | 2.32% | 5.98% |
| Daily Std Dev | 13.07% | 15.03% |
| Max Drawdown | -39.76% | -73.57% |
| Current Drawdown | -6.86% | -26.72% |
Correlation
The correlation between FIVA and RWX is 0.70, 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
FIVA vs. RWX - Performance Comparison
In the year-to-date period, FIVA achieves a 5.35% return, which is significantly higher than RWX's -7.90% 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. RWX - Expense Ratio Comparison
FIVA has a 0.39% expense ratio, which is lower than RWX's 0.59% expense ratio.
Risk-Adjusted Performance
FIVA vs. RWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value Factor ETF (FIVA) and SPDR DJ Wilshire International Real Estate ETF (RWX). 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. RWX - Dividend Comparison
FIVA's dividend yield for the trailing twelve months is around 3.60%, less than RWX's 3.72% 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% |
RWX SPDR DJ Wilshire International Real Estate ETF | 3.72% | 3.90% | 4.05% | 4.62% | 2.92% | 8.94% | 5.28% | 2.77% | 8.74% | 2.94% | 3.43% | 4.54% |
Drawdowns
FIVA vs. RWX - Drawdown Comparison
The maximum FIVA drawdown since its inception was -39.76%, smaller than the maximum RWX drawdown of -73.57%. Use the drawdown chart below to compare losses from any high point for FIVA and RWX. For additional features, visit the drawdowns tool.
Volatility
FIVA vs. RWX - Volatility Comparison
Fidelity International Value Factor ETF (FIVA) has a higher volatility of 4.43% compared to SPDR DJ Wilshire International Real Estate ETF (RWX) at 4.13%. This indicates that FIVA's price experiences larger fluctuations and is considered to be riskier than RWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.