FSEC vs. EDGF

Last updated Jun 24, 2026

FSEC (Fidelity Investment Grade Securitized ETF) and EDGF (3EDGE Dynamic Fixed Income ETF) are both Intermediate Core Bond funds. Both are actively managed. Over the past year, FSEC returned 6.18% vs 2.88% for EDGF. A 0.63 correlation means they provide meaningful diversification when combined. FSEC charges 0.36%/yr vs 0.79%/yr for EDGF.

Performance

FSEC vs. EDGF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Investment Grade Securitized ETF (FSEC) and 3EDGE Dynamic Fixed Income ETF (EDGF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSEC achieves a 1.14% return, which is significantly higher than EDGF's 0.90% return.

FSEC

• 1D: 0.27%
• 1M: 0.68%
• YTD: 1.14%
• 6M: 1.38%
• 1Y: 6.18%
• 3Y*: 4.91%
• 5Y*: 0.58%
• 10Y*: —

EDGF

• 1D: 0.12%
• 1M: 0.20%
• YTD: 0.90%
• 6M: 1.04%
• 1Y: 2.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FSEC vs. EDGF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FSEC Fidelity Investment Grade Securitized ETF	1.14%	8.33%	-3.54%
EDGF 3EDGE Dynamic Fixed Income ETF	0.90%	4.36%	-1.41%

Correlation

The correlation between FSEC and EDGF is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024	0.63

The correlation between FSEC and EDGF shifts across timeframes, from 0.50 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FSEC vs. EDGF — Risk / Return Rank

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

FSEC

FSEC Risk / Return Rank: 40
FSEC Sharpe Ratio Rank: 34
FSEC Sortino Ratio Rank: 36
FSEC Omega Ratio Rank: 35
FSEC Calmar Ratio Rank: 53
FSEC Martin Ratio Rank: 43

EDGF

EDGF Risk / Return Rank: 62
EDGF Sharpe Ratio Rank: 48
EDGF Sortino Ratio Rank: 54
EDGF Omega Ratio Rank: 53
EDGF Calmar Ratio Rank: 87
EDGF Martin Ratio Rank: 69

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.

FSEC vs. EDGF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Securitized ETF (FSEC) and 3EDGE Dynamic Fixed Income ETF (EDGF). 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.

	FSEC	EDGF	Difference
Sharpe ratio: Return per unit of total volatility	1.17	1.53	-0.36
Sortino ratio: Return per unit of downside risk	1.78	2.39	-0.61
Omega ratio: Gain probability vs. loss probability	1.22	1.31	-0.08
Calmar ratio: Return relative to maximum drawdown	2.46	4.50	-2.05
Martin ratio: Return relative to average drawdown	6.70	11.59	-4.89

FSEC vs. EDGF - Sharpe Ratio Comparison

The current FSEC Sharpe Ratio is 1.17, which is comparable to the EDGF Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of FSEC and EDGF, 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

FSEC vs. EDGF - Drawdown Comparison

The maximum FSEC drawdown since its inception was -17.97%, which is greater than EDGF's maximum drawdown of -1.62%. Use the drawdown chart below to compare losses from any high point for FSEC and EDGF.

Drawdown Indicators

	FSEC	EDGF	Difference
Max Drawdown Largest peak-to-trough decline	-17.97%	-1.62%	-16.35%
Max Drawdown (1Y) Largest decline over 1 year	-2.52%	-0.64%	-1.88%
Max Drawdown (3Y) Largest decline over 3 years	-7.32%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.97%	—	—
Current Drawdown Current decline from peak	-0.93%	-0.16%	-0.77%
Average Drawdown Average peak-to-trough decline	-6.58%	-0.45%	-6.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	0.25%	+0.67%

Volatility

FSEC vs. EDGF - Volatility Comparison

Fidelity Investment Grade Securitized ETF (FSEC) has a higher volatility of 1.29% compared to 3EDGE Dynamic Fixed Income ETF (EDGF) at 0.40%. This indicates that FSEC's price experiences larger fluctuations and is considered to be riskier than EDGF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSEC	EDGF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.29%	0.40%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	3.27%	1.21%	+2.06%
Volatility (1Y) Calculated over the trailing 1-year period	5.29%	1.89%	+3.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.78%	2.33%	+4.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.60%	2.33%	+4.27%

FSEC vs. EDGF - Expense Ratio Comparison

FSEC has a 0.36% expense ratio, which is lower than EDGF's 0.79% expense ratio.

Dividends

FSEC vs. EDGF - Dividend Comparison

FSEC's dividend yield for the trailing twelve months is around 4.43%, more than EDGF's 3.45% yield.

Position	TTM	2025	2024	2023	2022	2021
EDGF 3EDGE Dynamic Fixed Income ETF	3.45%	3.61%	0.49%	0.00%	0.00%	0.00%
FSEC Fidelity Investment Grade Securitized ETF	4.43%	4.22%	3.22%	3.41%	2.21%	0.96%

Frequently Asked Questions

Can I hold both FSEC and EDGF in my portfolio?

FSEC and EDGF have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSEC or EDGF?

FSEC has higher volatility (1.29%) compared to EDGF (0.40%). In terms of maximum drawdown, FSEC dropped -17.97% vs EDGF's -1.62%.

Which ETF is better, FSEC or EDGF?

On 1-year performance, FSEC leads with 6.18% vs 2.88% for EDGF. On fees, FSEC is cheaper at 0.36% per year. On volatility, EDGF has been the lower-risk option at 0.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FSEC or EDGF?

Over the 1-year period, FSEC has performed better with a 6.18% return vs 2.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FSEC or EDGF?

FSEC is cheaper with a 0.36% expense ratio, compared with 0.79% for EDGF.

Which ETF pays a higher dividend yield, FSEC or EDGF?

FSEC has the higher dividend yield at 4.43%, compared with 3.45% for EDGF.

What is the main difference between FSEC and EDGF?

They also come from different issuers: Fidelity and 3EDGE Asset Management. Their fees differ too: 0.36% for FSEC and 0.79% for EDGF.

Which has better risk-adjusted returns?

EDGF currently has the higher Sharpe Ratio (1.53 vs 1.17), 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.