FSHNX vs. FDVV
Compare and contrast key facts about Fidelity Series High Income Fund (FSHNX) and Fidelity High Dividend ETF (FDVV).
FSHNX is managed by Fidelity. It was launched on Mar 10, 2011. FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSHNX or FDVV.
Correlation
The correlation between FSHNX and FDVV is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSHNX vs. FDVV - Performance Comparison
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Key characteristics
FSHNX:
2.22
FDVV:
0.65
FSHNX:
3.15
FDVV:
1.08
FSHNX:
1.52
FDVV:
1.16
FSHNX:
2.16
FDVV:
0.72
FSHNX:
9.43
FDVV:
3.05
FSHNX:
0.93%
FDVV:
3.73%
FSHNX:
3.91%
FDVV:
15.97%
FSHNX:
-21.98%
FDVV:
-40.25%
FSHNX:
-0.71%
FDVV:
-5.72%
Returns By Period
In the year-to-date period, FSHNX achieves a 1.37% return, which is significantly higher than FDVV's -1.30% return.
FSHNX
1.37%
3.35%
1.48%
8.74%
6.11%
4.88%
FDVV
-1.30%
7.74%
-4.45%
10.04%
17.80%
N/A
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FSHNX vs. FDVV - Expense Ratio Comparison
FSHNX has a 0.00% expense ratio, which is lower than FDVV's 0.29% expense ratio.
Risk-Adjusted Performance
FSHNX vs. FDVV — Risk-Adjusted Performance Rank
FSHNX
FDVV
FSHNX vs. FDVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series High Income Fund (FSHNX) 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.
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Dividends
FSHNX vs. FDVV - Dividend Comparison
FSHNX's dividend yield for the trailing twelve months is around 6.75%, more than FDVV's 3.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSHNX Fidelity Series High Income Fund | 6.75% | 6.50% | 6.20% | 6.34% | 5.39% | 5.58% | 6.32% | 6.96% | 6.04% | 5.61% | 7.05% | 9.21% |
FDVV Fidelity High Dividend ETF | 3.10% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.63% | 1.04% | 0.00% | 0.00% |
Drawdowns
FSHNX vs. FDVV - Drawdown Comparison
The maximum FSHNX drawdown since its inception was -21.98%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for FSHNX and FDVV. For additional features, visit the drawdowns tool.
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Volatility
FSHNX vs. FDVV - Volatility Comparison
The current volatility for Fidelity Series High Income Fund (FSHNX) is 1.26%, while Fidelity High Dividend ETF (FDVV) has a volatility of 5.63%. This indicates that FSHNX 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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