FLDR vs. FETH
FLDR (Fidelity Low Duration Bond Factor ETF) and FETH (Fidelity Ethereum Fund) are both exchange-traded funds - FLDR is a Short-Term Bond fund tracking the Fidelity Low Duration Investment Grade Factor Index, while FETH is a Cryptocurrency fund tracking the Fidelity Ethereum Reference Rate Index. Both are passively managed. Over the past year, FLDR returned 4.05% vs -46.78% for FETH. Their 0.09 correlation means their historical movements had little consistent relationship. FLDR charges 0.15%/yr vs 0.25%/yr for FETH.
Performance
FLDR vs. FETH - Performance Comparison
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Returns By Period
In the year-to-date period, FLDR achieves a 1.89% return, which is significantly higher than FETH's -37.15% return.
FLDR
- 1D
- -0.02%
- 1M
- 0.10%
- 6M
- 1.62%
- YTD
- 1.89%
- 1Y
- 4.05%
- 3Y*
- 5.25%
- 5Y*
- 3.71%
- 10Y*
- —
- ALL TIME*
- 3.19%
FETH
- 1D
- 0.16%
- 1M
- 9.86%
- 6M
- -19.58%
- YTD
- -37.15%
- 1Y
- -46.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -26.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $29.41M | $29.69M | $35.01M | |
| $10.98M | $13.45M | $20.48M |
FLDR vs. FETH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FLDR Fidelity Low Duration Bond Factor ETF | 1.89% | 5.41% | 2.28% |
FETH Fidelity Ethereum Fund | -37.15% | -11.37% | -4.68% |
Correlation
The correlation between FLDR and FETH is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024 | 0.09 |
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Return for Risk
FLDR vs. FETH — Risk / Return Rank
FLDR
FETH
FLDR vs. FETH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Low Duration Bond Factor ETF (FLDR) and Fidelity Ethereum Fund (FETH). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLDR | FETH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.83 | ||
| Sortino ratioReturn per unit of downside risk | +9.14 | ||
| Omega ratioGain probability vs. loss probability | 2.39 | 0.91 | +1.48 |
| Calmar ratioReturn relative to maximum drawdown | 8.71 | -0.69 | +9.40 |
| Martin ratioReturn relative to average drawdown | 56.97 | -1.03 | +57.99 |
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Drawdowns
FLDR vs. FETH - Drawdown Comparison
The maximum FLDR drawdown since its inception was -12.23%, smaller than the maximum FETH drawdown of -67.94%. Use the drawdown chart below to compare losses from any high point for FLDR and FETH.
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Drawdown Indicators
| FLDR | FETH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.23% | -67.94% | +55.71% |
Max Drawdown (1Y)Largest decline over 1 year | -0.47% | -67.94% | +67.47% |
Max Drawdown (3Y)Largest decline over 3 years | -0.76% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -2.31% | — | — |
Current DrawdownCurrent decline from peak | -0.06% | -61.55% | +61.49% |
Average DrawdownAverage peak-to-trough decline | -0.34% | -35.30% | +34.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 45.61% | -45.54% |
Volatility
FLDR vs. FETH - Volatility Comparison
The current volatility for Fidelity Low Duration Bond Factor ETF (FLDR) is 0.24%, while Fidelity Ethereum Fund (FETH) has a volatility of 12.28%. This indicates that FLDR experiences smaller price fluctuations and is considered to be less risky than FETH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLDR | FETH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.24% | 12.28% | -12.04% |
Volatility (6M)Calculated over the trailing 6-month period | 0.63% | 45.60% | -44.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.80% | 67.10% | -66.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.21% | 71.16% | -69.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.21% | 71.16% | -65.95% |
FLDR vs. FETH - Expense Ratio Comparison
FLDR has a 0.15% expense ratio, which is lower than FETH's 0.25% 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%.
Dividends
FLDR vs. FETH - Dividend Comparison
FLDR's dividend yield for the trailing twelve months is around 4.29%, while FETH has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FETH Fidelity Ethereum Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLDR Fidelity Low Duration Bond Factor ETF | 4.29% | 4.66% | 5.50% | 5.28% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% |
Frequently Asked Questions
FLDR and FETH have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FETH has higher volatility (12.28%) compared to FLDR (0.24%). In terms of maximum drawdown, FLDR dropped -12.23% vs FETH's -67.94%.
On 1-year performance, FLDR leads with 4.05% vs -46.78% for FETH. On fees, FLDR is cheaper at 0.15% per year. On volatility, FLDR has been the lower-risk option at 0.24%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FLDR has performed better with a 4.05% return vs -46.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLDR is cheaper with a 0.15% expense ratio, compared with 0.25% for FETH.
FLDR has the higher dividend yield at 4.29%, compared with 0.00% for FETH.
FLDR is categorized as Short-Term Bond, while FETH is Cryptocurrency. FLDR tracks Fidelity Low Duration Investment Grade Factor Index, while FETH tracks Fidelity Ethereum Reference Rate Index. Their fees differ too: 0.15% for FLDR and 0.25% for FETH.
FLDR currently has the higher Sharpe Ratio (5.13 vs -0.70), 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.
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