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.
Performance
FSKLX vs. HDMV - Performance Comparison
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FSKLX vs. HDMV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSKLX Fidelity SAI International Low Volatility Index Fund | 3.34% | 21.95% | 1.20% | 13.84% | -13.48% | 9.91% | -1.57% | 16.12% | -4.88% | 21.40% |
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 4.18% | 29.31% | 2.99% | 9.62% | -11.47% | 7.39% | -9.42% | 15.00% | -7.60% | 27.49% |
Returns By Period
In the year-to-date period, FSKLX achieves a 3.34% return, which is significantly lower than HDMV's 4.18% return.
FSKLX
- 1D
- 0.68%
- 1M
- -7.31%
- YTD
- 3.34%
- 6M
- 6.64%
- 1Y
- 16.96%
- 3Y*
- 11.27%
- 5Y*
- 6.37%
- 10Y*
- 6.05%
HDMV
- 1D
- 2.14%
- 1M
- -6.09%
- YTD
- 4.18%
- 6M
- 7.46%
- 1Y
- 20.52%
- 3Y*
- 12.99%
- 5Y*
- 7.11%
- 10Y*
- —
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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.
Return for Risk
FSKLX vs. HDMV — Risk / Return Rank
FSKLX
HDMV
FSKLX vs. HDMV - Risk-Adjusted Trends 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.
| FSKLX | HDMV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 1.57 | -0.24 |
Sortino ratioReturn per unit of downside risk | 1.83 | 2.04 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.31 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 2.28 | -0.29 |
Martin ratioReturn relative to average drawdown | 7.06 | 8.16 | -1.10 |
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
| FSKLX | HDMV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 1.57 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.60 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.41 | +0.04 |
Correlation
The correlation between FSKLX and HDMV is 0.86, 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
FSKLX vs. HDMV - Dividend Comparison
FSKLX's dividend yield for the trailing twelve months is around 2.51%, less than HDMV's 4.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSKLX Fidelity SAI International Low Volatility Index Fund | 2.51% | 2.59% | 2.09% | 2.31% | 2.01% | 2.42% | 1.32% | 6.06% | 2.64% | 1.69% | 2.85% | 1.10% |
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 4.70% | 5.09% | 3.24% | 3.14% | 3.53% | 3.11% | 1.45% | 3.63% | 2.88% | 3.23% | 0.18% | 0.00% |
Drawdowns
FSKLX vs. HDMV - Drawdown Comparison
The maximum FSKLX drawdown since its inception was -27.26%, 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.
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Drawdown Indicators
| FSKLX | HDMV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.26% | -32.01% | +4.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.64% | -8.73% | +0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -24.99% | -24.11% | -0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -27.26% | — | — |
Current DrawdownCurrent decline from peak | -7.31% | -6.09% | -1.22% |
Average DrawdownAverage peak-to-trough decline | -5.14% | -6.83% | +1.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 2.44% | -0.01% |
Volatility
FSKLX vs. HDMV - Volatility Comparison
The current volatility for Fidelity SAI International Low Volatility Index Fund (FSKLX) is 4.41%, while First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) has a volatility of 6.07%. 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.
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Volatility by Period
| FSKLX | HDMV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 6.07% | -1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 7.41% | 8.25% | -0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.28% | 13.16% | -0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.44% | 11.94% | -0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.89% | 13.23% | -1.34% |