FLOW vs. FMIL
Compare and contrast key facts about SPX FLOW, Inc. (FLOW) and Fidelity New Millennium ETF (FMIL).
FMIL is an actively managed fund by Fidelity. It was launched on Jun 3, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLOW or FMIL.
Correlation
The correlation between FLOW and FMIL is 0.65, 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
FLOW vs. FMIL - Performance Comparison
Key characteristics
FLOW:
1.22
FMIL:
1.87
FLOW:
1.78
FMIL:
2.54
FLOW:
1.22
FMIL:
1.34
FLOW:
2.01
FMIL:
2.87
FLOW:
4.48
FMIL:
12.03
FLOW:
3.63%
FMIL:
2.13%
FLOW:
13.31%
FMIL:
13.67%
FLOW:
-8.19%
FMIL:
-15.87%
FLOW:
-4.86%
FMIL:
-1.05%
Returns By Period
In the year-to-date period, FLOW achieves a 2.33% return, which is significantly lower than FMIL's 4.29% return.
FLOW
2.33%
-0.41%
4.30%
14.25%
N/A
N/A
FMIL
4.29%
1.40%
7.93%
23.84%
N/A
N/A
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Risk-Adjusted Performance
FLOW vs. FMIL — Risk-Adjusted Performance Rank
FLOW
FMIL
FLOW vs. FMIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPX FLOW, Inc. (FLOW) and Fidelity New Millennium ETF (FMIL). 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
FLOW vs. FMIL - Dividend Comparison
FLOW's dividend yield for the trailing twelve months is around 2.06%, more than FMIL's 0.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
FLOW SPX FLOW, Inc. | 2.06% | 2.09% | 0.95% | 0.00% | 0.00% | 0.00% |
FMIL Fidelity New Millennium ETF | 0.79% | 0.82% | 0.11% | 1.43% | 1.68% | 0.48% |
Drawdowns
FLOW vs. FMIL - Drawdown Comparison
The maximum FLOW drawdown since its inception was -8.19%, smaller than the maximum FMIL drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for FLOW and FMIL. For additional features, visit the drawdowns tool.
Volatility
FLOW vs. FMIL - Volatility Comparison
The current volatility for SPX FLOW, Inc. (FLOW) is 3.64%, while Fidelity New Millennium ETF (FMIL) has a volatility of 4.32%. This indicates that FLOW experiences smaller price fluctuations and is considered to be less risky than FMIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.