FNORX vs. XDN0.L
Compare and contrast key facts about Fidelity Nordic Fund (FNORX) and Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.L).
FNORX is managed by Fidelity. It was launched on Nov 1, 1995. XDN0.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI Nordic Countries NR EUR. It was launched on Sep 4, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNORX or XDN0.L.
Performance
FNORX vs. XDN0.L - Performance Comparison
Returns By Period
In the year-to-date period, FNORX achieves a -0.72% return, which is significantly higher than XDN0.L's -1.71% return. Over the past 10 years, FNORX has underperformed XDN0.L with an annualized return of 7.84%, while XDN0.L has yielded a comparatively higher 11.57% annualized return.
FNORX
-0.72%
-7.55%
-10.14%
8.72%
10.10%
7.84%
XDN0.L
-1.71%
-5.26%
-10.36%
6.60%
10.40%
11.57%
Key characteristics
| FNORX | XDN0.L | |
|---|---|---|
| Sharpe Ratio | 0.58 | 0.34 |
| Sortino Ratio | 0.93 | 0.58 |
| Omega Ratio | 1.10 | 1.07 |
| Calmar Ratio | 0.59 | 0.35 |
| Martin Ratio | 2.09 | 1.01 |
| Ulcer Index | 4.07% | 4.48% |
| Daily Std Dev | 14.81% | 13.41% |
| Max Drawdown | -68.29% | -24.85% |
| Current Drawdown | -13.70% | -12.93% |
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FNORX vs. XDN0.L - Expense Ratio Comparison
FNORX has a 0.92% expense ratio, which is higher than XDN0.L's 0.30% expense ratio.
Correlation
The correlation between FNORX and XDN0.L is 0.67, 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.
Risk-Adjusted Performance
FNORX vs. XDN0.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Nordic Fund (FNORX) and Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.L). 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
FNORX vs. XDN0.L - Dividend Comparison
FNORX's dividend yield for the trailing twelve months is around 0.05%, less than XDN0.L's 2.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNORX Fidelity Nordic Fund | 0.05% | 0.05% | 0.00% | 4.68% | 1.45% | 3.35% | 0.12% | 0.95% | 1.45% | 1.32% | 0.00% | 7.72% |
XDN0.L Xtrackers MSCI Nordic UCITS ETF 1D | 2.72% | 2.51% | 4.53% | 1.09% | 4.82% | 4.18% | 1.05% | 2.34% | 1.52% | 0.00% | 3.16% | 0.00% |
Drawdowns
FNORX vs. XDN0.L - Drawdown Comparison
The maximum FNORX drawdown since its inception was -68.29%, which is greater than XDN0.L's maximum drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for FNORX and XDN0.L. For additional features, visit the drawdowns tool.
Volatility
FNORX vs. XDN0.L - Volatility Comparison
The current volatility for Fidelity Nordic Fund (FNORX) is 4.51%, while Xtrackers MSCI Nordic UCITS ETF 1D (XDN0.L) has a volatility of 4.78%. This indicates that FNORX experiences smaller price fluctuations and is considered to be less risky than XDN0.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.