FPRO vs. EGGY

Last updated Jun 23, 2026

FPRO (Fidelity Real Estate Investment ETF) and EGGY (NestYield Dynamic Income ETF) are both exchange-traded funds - FPRO is a REIT fund actively managed by Fidelity, while EGGY is a Derivative Income fund actively managed by NestYield. Both are actively managed. Over the past year, FPRO returned 12.34% vs 62.65% for EGGY. At a 0.03 correlation, their price movements are largely independent. FPRO charges 0.59%/yr vs 0.95%/yr for EGGY.

Performance

FPRO vs. EGGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Real Estate Investment ETF (FPRO) and NestYield Dynamic Income ETF (EGGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FPRO achieves a 12.54% return, which is significantly lower than EGGY's 50.49% return.

FPRO

• 1D: 0.99%
• 1M: -0.01%
• YTD: 12.54%
• 6M: 13.23%
• 1Y: 12.34%
• 3Y*: 11.04%
• 5Y*: 3.47%
• 10Y*: —

EGGY

• 1D: 3.47%
• 1M: 17.02%
• YTD: 50.49%
• 6M: 48.12%
• 1Y: 62.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FPRO vs. EGGY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FPRO Fidelity Real Estate Investment ETF	12.54%	2.60%	-0.64%
EGGY NestYield Dynamic Income ETF	50.49%	16.46%	-0.91%

Correlation

The correlation between FPRO and EGGY is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	0.03

The correlation between FPRO and EGGY shifts across timeframes, from -0.08 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FPRO vs. EGGY — Risk / Return Rank

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

FPRO

FPRO Risk / Return Rank: 28
FPRO Sharpe Ratio Rank: 26
FPRO Sortino Ratio Rank: 24
FPRO Omega Ratio Rank: 24
FPRO Calmar Ratio Rank: 33
FPRO Martin Ratio Rank: 33

EGGY

EGGY Risk / Return Rank: 59
EGGY Sharpe Ratio Rank: 62
EGGY Sortino Ratio Rank: 51
EGGY Omega Ratio Rank: 58
EGGY Calmar Ratio Rank: 70
EGGY Martin Ratio Rank: 51

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.

FPRO vs. EGGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Investment ETF (FPRO) and NestYield Dynamic Income ETF (EGGY). 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.

	FPRO	EGGY	Difference
Sharpe ratio: Return per unit of total volatility	0.91	1.99	-1.09
Sortino ratio: Return per unit of downside risk	1.31	2.41	-1.10
Omega ratio: Gain probability vs. loss probability	1.16	1.35	-0.19
Calmar ratio: Return relative to maximum drawdown	1.62	3.43	-1.82
Martin ratio: Return relative to average drawdown	4.62	8.52	-3.90

FPRO vs. EGGY - Sharpe Ratio Comparison

The current FPRO Sharpe Ratio is 0.91, which is lower than the EGGY Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of FPRO and EGGY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FPRO vs. EGGY - Drawdown Comparison

The maximum FPRO drawdown since its inception was -32.81%, which is greater than EGGY's maximum drawdown of -18.34%. Use the drawdown chart below to compare losses from any high point for FPRO and EGGY.

Drawdown Indicators

	FPRO	EGGY	Difference
Max Drawdown Largest peak-to-trough decline	-32.81%	-18.34%	-14.47%
Max Drawdown (1Y) Largest decline over 1 year	-7.67%	-18.34%	+10.67%
Max Drawdown (3Y) Largest decline over 3 years	-16.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.81%	—	—
Current Drawdown Current decline from peak	-1.73%	0.00%	-1.73%
Average Drawdown Average peak-to-trough decline	-12.54%	-5.22%	-7.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	7.38%	-4.70%

Volatility

FPRO vs. EGGY - Volatility Comparison

The current volatility for Fidelity Real Estate Investment ETF (FPRO) is 4.80%, while NestYield Dynamic Income ETF (EGGY) has a volatility of 14.36%. This indicates that FPRO experiences smaller price fluctuations and is considered to be less risky than EGGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FPRO	EGGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	14.36%	-9.56%
Volatility (6M) Calculated over the trailing 6-month period	9.92%	26.34%	-16.42%
Volatility (1Y) Calculated over the trailing 1-year period	13.70%	31.63%	-17.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.67%	30.04%	-11.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.37%	30.04%	-11.67%

FPRO vs. EGGY - Expense Ratio Comparison

FPRO has a 0.59% expense ratio, which is lower than EGGY's 0.95% expense ratio.

Dividends

FPRO vs. EGGY - Dividend Comparison

FPRO's dividend yield for the trailing twelve months is around 2.52%, less than EGGY's 23.71% yield.

Position	TTM	2025	2024	2023	2022	2021
EGGY NestYield Dynamic Income ETF	23.71%	28.26%	0.00%	0.00%	0.00%	0.00%
FPRO Fidelity Real Estate Investment ETF	2.52%	2.69%	2.50%	2.83%	2.67%	1.69%

Frequently Asked Questions

Can I hold both FPRO and EGGY in my portfolio?

FPRO and EGGY have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FPRO or EGGY?

EGGY has higher volatility (14.36%) compared to FPRO (4.80%). In terms of maximum drawdown, FPRO dropped -32.81% vs EGGY's -18.34%.

Which ETF is better, FPRO or EGGY?

On 1-year performance, EGGY leads with 62.65% vs 12.34% for FPRO. On fees, FPRO is cheaper at 0.59% per year. On volatility, FPRO has been the lower-risk option at 4.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FPRO or EGGY?

Over the 1-year period, EGGY has performed better with a 62.65% return vs 12.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FPRO or EGGY?

FPRO is cheaper with a 0.59% expense ratio, compared with 0.95% for EGGY.

Which ETF pays a higher dividend yield, FPRO or EGGY?

EGGY has the higher dividend yield at 23.71%, compared with 2.52% for FPRO.

What is the main difference between FPRO and EGGY?

FPRO is categorized as REIT, while EGGY is Derivative Income. They also come from different issuers: Fidelity and NestYield. Their fees differ too: 0.59% for FPRO and 0.95% for EGGY.

Which has better risk-adjusted returns?

EGGY currently has the higher Sharpe Ratio (1.99 vs 0.91), 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.