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FSDIX vs. FDVV
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSDIX vs. FDVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity High Dividend ETF (FDVV). The values are adjusted to include any dividend payments, if applicable.

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FSDIX vs. FDVV - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSDIX
Fidelity Strategic Dividend & Income Fund
3.35%6.52%11.52%9.45%-9.84%19.03%11.23%22.50%-4.33%11.23%
FDVV
Fidelity High Dividend ETF
-1.78%17.08%21.81%18.00%-4.21%29.24%2.80%24.07%-1.26%14.00%

Returns By Period

In the year-to-date period, FSDIX achieves a 3.35% return, which is significantly higher than FDVV's -1.78% return.


FSDIX

1D
-0.27%
1M
-5.65%
YTD
3.35%
6M
-0.38%
1Y
8.54%
3Y*
9.57%
5Y*
6.48%
10Y*
8.58%

FDVV

1D
2.35%
1M
-5.66%
YTD
-1.78%
6M
0.65%
1Y
14.82%
3Y*
16.89%
5Y*
12.68%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSDIX vs. FDVV - Expense Ratio Comparison

FSDIX has a 0.68% expense ratio, which is higher than FDVV's 0.29% expense ratio.


Return for Risk

FSDIX vs. FDVV — Risk / Return Rank

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

FSDIX
FSDIX Risk / Return Rank: 3131
Overall Rank
FSDIX Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
FSDIX Sortino Ratio Rank: 2626
Sortino Ratio Rank
FSDIX Omega Ratio Rank: 3535
Omega Ratio Rank
FSDIX Calmar Ratio Rank: 3030
Calmar Ratio Rank
FSDIX Martin Ratio Rank: 3232
Martin Ratio Rank

FDVV
FDVV Risk / Return Rank: 6060
Overall Rank
FDVV Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
FDVV Sortino Ratio Rank: 5858
Sortino Ratio Rank
FDVV Omega Ratio Rank: 6565
Omega Ratio Rank
FDVV Calmar Ratio Rank: 5757
Calmar Ratio Rank
FDVV Martin Ratio Rank: 6363
Martin Ratio Rank
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.

FSDIX vs. FDVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity High Dividend ETF (FDVV). 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.


FSDIXFDVVDifference

Sharpe ratio

Return per unit of total volatility

0.70

0.97

-0.27

Sortino ratio

Return per unit of downside risk

0.96

1.41

-0.46

Omega ratio

Gain probability vs. loss probability

1.16

1.23

-0.06

Calmar ratio

Return relative to maximum drawdown

0.85

1.29

-0.45

Martin ratio

Return relative to average drawdown

3.41

5.68

-2.27

FSDIX vs. FDVV - Sharpe Ratio Comparison

The current FSDIX Sharpe Ratio is 0.70, which is comparable to the FDVV Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of FSDIX and FDVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSDIXFDVVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.70

0.97

-0.27

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.86

-0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.74

-0.23

Correlation

The correlation between FSDIX and FDVV is 0.90, 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

FSDIX vs. FDVV - Dividend Comparison

FSDIX's dividend yield for the trailing twelve months is around 1.74%, less than FDVV's 3.00% yield.


TTM20252024202320222021202020192018201720162015
FSDIX
Fidelity Strategic Dividend & Income Fund
1.74%1.80%5.27%5.71%4.23%8.43%5.67%6.68%8.19%6.57%4.92%6.38%
FDVV
Fidelity High Dividend ETF
3.00%2.89%2.94%3.77%3.44%2.70%3.19%3.93%4.05%3.66%1.04%0.00%

Drawdowns

FSDIX vs. FDVV - Drawdown Comparison

The maximum FSDIX drawdown since its inception was -58.92%, which is greater than FDVV's maximum drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for FSDIX and FDVV.


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Drawdown Indicators


FSDIXFDVVDifference

Max Drawdown

Largest peak-to-trough decline

-58.92%

-40.25%

-18.67%

Max Drawdown (1Y)

Largest decline over 1 year

-9.50%

-12.34%

+2.84%

Max Drawdown (5Y)

Largest decline over 5 years

-17.08%

-20.18%

+3.10%

Max Drawdown (10Y)

Largest decline over 10 years

-29.99%

Current Drawdown

Current decline from peak

-5.75%

-7.04%

+1.29%

Average Drawdown

Average peak-to-trough decline

-6.40%

-3.85%

-2.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.35%

2.81%

-0.46%

Volatility

FSDIX vs. FDVV - Volatility Comparison

The current volatility for Fidelity Strategic Dividend & Income Fund (FSDIX) is 3.31%, while Fidelity High Dividend ETF (FDVV) has a volatility of 4.48%. This indicates that FSDIX experiences smaller price fluctuations and is considered to be less risky than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSDIXFDVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.31%

4.48%

-1.17%

Volatility (6M)

Calculated over the trailing 6-month period

8.75%

7.68%

+1.07%

Volatility (1Y)

Calculated over the trailing 1-year period

13.16%

15.34%

-2.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.23%

14.74%

-3.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.55%

17.09%

-4.54%