FQAL vs. MOAT
Compare and contrast key facts about Fidelity Quality Factor ETF (FQAL) and VanEck Vectors Morningstar Wide Moat ETF (MOAT).
FQAL and MOAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FQAL is a passively managed fund by Fidelity that tracks the performance of the Fidelity U.S. Quality Factor Index. It was launched on Sep 12, 2016. MOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Wide Moat Focus Index. It was launched on Apr 24, 2012. Both FQAL and MOAT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FQAL vs. MOAT - Performance Comparison
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FQAL vs. MOAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FQAL Fidelity Quality Factor ETF | -3.61% | 16.93% | 21.92% | 24.20% | -19.70% | 32.13% | 16.17% | 28.12% | -4.39% | 23.03% |
MOAT VanEck Vectors Morningstar Wide Moat ETF | -6.62% | 13.20% | 10.73% | 31.89% | -13.66% | 24.12% | 14.84% | 34.79% | -1.28% | 23.18% |
Returns By Period
In the year-to-date period, FQAL achieves a -3.61% return, which is significantly higher than MOAT's -6.62% return.
FQAL
- 1D
- 2.61%
- 1M
- -5.34%
- YTD
- -3.61%
- 6M
- -2.20%
- 1Y
- 14.58%
- 3Y*
- 16.72%
- 5Y*
- 11.10%
- 10Y*
- —
MOAT
- 1D
- 2.13%
- 1M
- -9.57%
- YTD
- -6.62%
- 6M
- -1.11%
- 1Y
- 11.38%
- 3Y*
- 10.72%
- 5Y*
- 7.98%
- 10Y*
- 13.48%
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FQAL vs. MOAT - Expense Ratio Comparison
FQAL has a 0.29% expense ratio, which is lower than MOAT's 0.48% expense ratio.
Return for Risk
FQAL vs. MOAT — Risk / Return Rank
FQAL
MOAT
FQAL vs. MOAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Quality Factor ETF (FQAL) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). 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.
| FQAL | MOAT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.87 | 0.58 | +0.29 |
Sortino ratioReturn per unit of downside risk | 1.36 | 0.97 | +0.39 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.13 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 0.88 | +0.48 |
Martin ratioReturn relative to average drawdown | 6.53 | 3.37 | +3.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FQAL | MOAT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 0.58 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.44 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.72 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.75 | +0.01 |
Correlation
The correlation between FQAL and MOAT is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FQAL vs. MOAT - Dividend Comparison
FQAL's dividend yield for the trailing twelve months is around 1.25%, less than MOAT's 1.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FQAL Fidelity Quality Factor ETF | 1.25% | 1.12% | 1.20% | 1.35% | 1.52% | 1.17% | 1.46% | 1.55% | 1.73% | 1.53% | 0.43% | 0.00% |
MOAT VanEck Vectors Morningstar Wide Moat ETF | 1.45% | 1.36% | 1.37% | 0.86% | 1.25% | 1.08% | 1.46% | 1.31% | 1.79% | 1.07% | 1.17% | 2.13% |
Drawdowns
FQAL vs. MOAT - Drawdown Comparison
The maximum FQAL drawdown since its inception was -33.71%, roughly equal to the maximum MOAT drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for FQAL and MOAT.
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Drawdown Indicators
| FQAL | MOAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.71% | -33.31% | -0.40% |
Max Drawdown (1Y)Largest decline over 1 year | -11.41% | -13.30% | +1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -25.50% | -23.96% | -1.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.31% | — |
Current DrawdownCurrent decline from peak | -6.04% | -10.19% | +4.15% |
Average DrawdownAverage peak-to-trough decline | -4.66% | -3.79% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 3.49% | -1.10% |
Volatility
FQAL vs. MOAT - Volatility Comparison
Fidelity Quality Factor ETF (FQAL) and VanEck Vectors Morningstar Wide Moat ETF (MOAT) have volatilities of 4.99% and 4.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FQAL | MOAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.99% | 4.81% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 9.02% | 10.12% | -1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.81% | 19.76% | -2.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.21% | 18.10% | -1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.68% | 18.71% | -1.03% |