FMIL vs. LLY
Compare and contrast key facts about Fidelity New Millennium ETF (FMIL) and Eli Lilly and Company (LLY).
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: FMIL or LLY.
Key characteristics
| FMIL | LLY | |
|---|---|---|
| YTD Return | 14.65% | 33.66% |
| 1Y Return | 34.40% | 81.24% |
| 3Y Return (Ann) | 13.20% | 60.58% |
| Sharpe Ratio | 2.85 | 2.80 |
| Daily Std Dev | 12.89% | 29.81% |
| Max Drawdown | -15.87% | -68.27% |
| Current Drawdown | -0.77% | -1.83% |
Correlation
The correlation between FMIL and LLY is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FMIL vs. LLY - Performance Comparison
In the year-to-date period, FMIL achieves a 14.65% return, which is significantly lower than LLY's 33.66% 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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Risk-Adjusted Performance
FMIL vs. LLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity New Millennium ETF (FMIL) and Eli Lilly and Company (LLY). 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
FMIL vs. LLY - Dividend Comparison
FMIL's dividend yield for the trailing twelve months is around 0.45%, less than LLY's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMIL Fidelity New Millennium ETF | 0.45% | 0.57% | 1.43% | 1.68% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LLY Eli Lilly and Company | 0.60% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% | 2.84% | 3.84% |
Drawdowns
FMIL vs. LLY - Drawdown Comparison
The maximum FMIL drawdown since its inception was -15.87%, smaller than the maximum LLY drawdown of -68.27%. Use the drawdown chart below to compare losses from any high point for FMIL and LLY. For additional features, visit the drawdowns tool.
Volatility
FMIL vs. LLY - Volatility Comparison
The current volatility for Fidelity New Millennium ETF (FMIL) is 4.12%, while Eli Lilly and Company (LLY) has a volatility of 10.03%. This indicates that FMIL experiences smaller price fluctuations and is considered to be less risky than LLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.