FIVA vs. V

Last updated Jun 9, 2026

FIVA (Fidelity International Value Factor ETF) is Foreign Large Cap Equities fund tracking the Fidelity® International Value Factor Index, while V (Visa Inc.) is a stock. Over the past 5 years, FIVA returned 12.17%/yr vs 7.39%/yr for V. At a 0.48 correlation, their price movements are largely independent.

Performance

FIVA vs. V - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Value Factor ETF (FIVA) and Visa Inc. (V). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIVA achieves a 11.65% return, which is significantly higher than V's -8.47% return.

FIVA

• 1D: 0.99%
• 1M: 0.96%
• YTD: 11.65%
• 6M: 16.62%
• 1Y: 33.66%
• 3Y*: 21.93%
• 5Y*: 12.17%
• 10Y*: —

V

• 1D: -1.21%
• 1M: 0.48%
• YTD: -8.47%
• 6M: -1.79%
• 1Y: -12.97%
• 3Y*: 13.52%
• 5Y*: 7.39%
• 10Y*: 15.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIVA vs. V - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIVA Fidelity International Value Factor ETF	11.65%	45.83%	2.53%	20.38%	-10.37%	15.90%	-1.78%	19.78%	-18.62%
V Visa Inc.	-8.47%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	8.89%

Correlation

The correlation between FIVA and V is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Jan 18, 2018	0.48

Over the past year, the correlation between FIVA and V has dropped to 0.23 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

Return for Risk

FIVA vs. V — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIVA

FIVA Risk / Return Rank: 71
FIVA Sharpe Ratio Rank: 75
FIVA Sortino Ratio Rank: 75
FIVA Omega Ratio Rank: 72
FIVA Calmar Ratio Rank: 64
FIVA Martin Ratio Rank: 68

V

V Risk / Return Rank: 17
V Sharpe Ratio Rank: 16
V Sortino Ratio Rank: 16
V Omega Ratio Rank: 17
V Calmar Ratio Rank: 18
V Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIVA vs. V - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value Factor ETF (FIVA) and Visa Inc. (V). 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.

	FIVA	V	Difference
Sharpe ratio: Return per unit of total volatility	2.18	-0.58	+2.77
Sortino ratio: Return per unit of downside risk	3.01	-0.72	+3.73
Omega ratio: Gain probability vs. loss probability	1.38	0.91	+0.47
Calmar ratio: Return relative to maximum drawdown	2.89	-0.64	+3.53
Martin ratio: Return relative to average drawdown	11.27	-1.18	+12.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIVA vs. V - Sharpe Ratio Comparison

The current FIVA Sharpe Ratio is 2.18, which is higher than the V Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of FIVA and V, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FIVA	V	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	-0.58	+2.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.33	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.69	-0.21

Drawdowns

FIVA vs. V - Drawdown Comparison

The maximum FIVA drawdown since its inception was -39.76%, smaller than the maximum V drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for FIVA and V.

Drawdown Indicators

	FIVA	V	Difference
Max Drawdown Largest peak-to-trough decline	-39.76%	-51.90%	+12.14%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-20.38%	+8.67%
Max Drawdown (3Y) Largest decline over 3 years	-14.77%	-20.38%	+5.61%
Max Drawdown (5Y) Largest decline over 5 years	-28.70%	-28.60%	-0.10%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.36%	—
Current Drawdown Current decline from peak	-1.89%	-13.69%	+11.80%
Average Drawdown Average peak-to-trough decline	-7.77%	-8.26%	+0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	11.03%	-8.03%

Volatility

FIVA vs. V - Volatility Comparison

The current volatility for Fidelity International Value Factor ETF (FIVA) is 4.87%, while Visa Inc. (V) has a volatility of 5.74%. This indicates that FIVA experiences smaller price fluctuations and is considered to be less risky than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIVA	V	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	5.74%	-0.87%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	17.50%	-4.70%
Volatility (1Y) Calculated over the trailing 1-year period	15.51%	22.32%	-6.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.39%	22.80%	-6.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.92%	24.47%	-6.55%

Dividends

FIVA vs. V - Dividend Comparison

FIVA's dividend yield for the trailing twelve months is around 2.55%, more than V's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIVA Fidelity International Value Factor ETF	2.55%	2.68%	3.52%	3.63%	3.62%	3.76%	2.46%	3.61%	3.28%	0.00%	0.00%	0.00%
V Visa Inc.	0.81%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Frequently Asked Questions

Can I hold both FIVA and V in my portfolio?

FIVA and V have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIVA or V?

V has higher volatility (5.74%) compared to FIVA (4.87%). In terms of maximum drawdown, FIVA dropped -39.76% vs V's -51.90%.

Which has better risk-adjusted returns?

FIVA currently has the higher Sharpe Ratio (2.18 vs -0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.