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FPRO vs. NFLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FPRO and NFLX is 0.29, 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.


-0.50.00.51.00.3

Performance

FPRO vs. NFLX - Performance Comparison

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

10.00%20.00%30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
22.75%
65.07%
FPRO
NFLX

Key characteristics

Sharpe Ratio

FPRO:

0.42

NFLX:

2.89

Sortino Ratio

FPRO:

0.66

NFLX:

3.76

Omega Ratio

FPRO:

1.08

NFLX:

1.51

Calmar Ratio

FPRO:

0.25

NFLX:

2.65

Martin Ratio

FPRO:

1.33

NFLX:

20.66

Ulcer Index

FPRO:

4.87%

NFLX:

4.13%

Daily Std Dev

FPRO:

15.59%

NFLX:

29.61%

Max Drawdown

FPRO:

-32.80%

NFLX:

-81.99%

Current Drawdown

FPRO:

-12.40%

NFLX:

-2.68%

Returns By Period

In the year-to-date period, FPRO achieves a 5.32% return, which is significantly lower than NFLX's 87.20% return.


FPRO

YTD

5.32%

1M

-6.42%

6M

8.19%

1Y

5.97%

5Y*

N/A

10Y*

N/A

NFLX

YTD

87.20%

1M

1.52%

6M

36.24%

1Y

87.25%

5Y*

22.35%

10Y*

34.16%

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Risk-Adjusted Performance

FPRO vs. NFLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Real Estate Investment ETF (FPRO) and Netflix, Inc. (NFLX). 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.


Sharpe ratio
The chart of Sharpe ratio for FPRO, currently valued at 0.42, compared to the broader market0.002.004.000.422.89
The chart of Sortino ratio for FPRO, currently valued at 0.66, compared to the broader market-2.000.002.004.006.008.0010.000.663.76
The chart of Omega ratio for FPRO, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.081.51
The chart of Calmar ratio for FPRO, currently valued at 0.25, compared to the broader market0.005.0010.0015.000.252.65
The chart of Martin ratio for FPRO, currently valued at 1.33, compared to the broader market0.0020.0040.0060.0080.00100.001.3320.66
FPRO
NFLX

The current FPRO Sharpe Ratio is 0.42, which is lower than the NFLX Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of FPRO and NFLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.42
2.89
FPRO
NFLX

Dividends

FPRO vs. NFLX - Dividend Comparison

FPRO's dividend yield for the trailing twelve months is around 2.51%, while NFLX has not paid dividends to shareholders.


TTM202320222021
FPRO
Fidelity Real Estate Investment ETF
2.51%2.83%2.67%1.69%
NFLX
Netflix, Inc.
0.00%0.00%0.00%0.00%

Drawdowns

FPRO vs. NFLX - Drawdown Comparison

The maximum FPRO drawdown since its inception was -32.80%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for FPRO and NFLX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.40%
-2.68%
FPRO
NFLX

Volatility

FPRO vs. NFLX - Volatility Comparison

The current volatility for Fidelity Real Estate Investment ETF (FPRO) is 5.34%, while Netflix, Inc. (NFLX) has a volatility of 7.15%. This indicates that FPRO experiences smaller price fluctuations and is considered to be less risky than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
5.34%
7.15%
FPRO
NFLX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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