FSKLX vs. HDMV
Compare and contrast key facts about Fidelity SAI International Low Volatility Index Fund (FSKLX) and First Trust Horizon Managed Volatility Developed Intl ETF (HDMV).
FSKLX is managed by Fidelity. It was launched on May 29, 2015. HDMV is an actively managed fund by First Trust. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSKLX or HDMV.
Correlation
The correlation between FSKLX and HDMV is 0.62, 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
FSKLX vs. HDMV - Performance Comparison
Key characteristics
FSKLX:
1.10
HDMV:
1.69
FSKLX:
1.54
HDMV:
2.25
FSKLX:
1.21
HDMV:
1.33
FSKLX:
1.12
HDMV:
2.13
FSKLX:
2.64
HDMV:
5.30
FSKLX:
4.93%
HDMV:
4.16%
FSKLX:
11.87%
HDMV:
13.01%
FSKLX:
-28.24%
HDMV:
-32.01%
FSKLX:
-0.41%
HDMV:
-0.40%
Returns By Period
In the year-to-date period, FSKLX achieves a 12.18% return, which is significantly lower than HDMV's 18.37% return.
FSKLX
12.18%
3.40%
6.87%
14.04%
6.96%
N/A
HDMV
18.37%
5.36%
12.66%
23.05%
7.77%
N/A
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FSKLX vs. HDMV - Expense Ratio Comparison
FSKLX has a 0.17% expense ratio, which is lower than HDMV's 0.80% expense ratio.
Risk-Adjusted Performance
FSKLX vs. HDMV — Risk-Adjusted Performance Rank
FSKLX
HDMV
FSKLX vs. HDMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI International Low Volatility Index Fund (FSKLX) and First Trust Horizon Managed Volatility Developed Intl ETF (HDMV). 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.
Dividends
FSKLX vs. HDMV - Dividend Comparison
FSKLX's dividend yield for the trailing twelve months is around 1.87%, less than HDMV's 2.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FSKLX Fidelity SAI International Low Volatility Index Fund | 1.87% | 2.09% | 2.31% | 2.01% | 2.42% | 1.32% | 1.94% | 2.38% | 1.69% | 2.36% | 1.10% |
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 2.67% | 3.24% | 3.14% | 3.53% | 3.11% | 1.45% | 3.64% | 2.88% | 3.23% | 0.18% | 0.00% |
Drawdowns
FSKLX vs. HDMV - Drawdown Comparison
The maximum FSKLX drawdown since its inception was -28.24%, smaller than the maximum HDMV drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for FSKLX and HDMV. For additional features, visit the drawdowns tool.
Volatility
FSKLX vs. HDMV - Volatility Comparison
The current volatility for Fidelity SAI International Low Volatility Index Fund (FSKLX) is 7.20%, while First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) has a volatility of 8.43%. This indicates that FSKLX experiences smaller price fluctuations and is considered to be less risky than HDMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.