FSTA vs. PBJ
Compare and contrast key facts about Fidelity MSCI Consumer Staples Index ETF (FSTA) and Invesco Dynamic Food & Beverage ETF (PBJ).
FSTA and PBJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSTA is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Consumer Staples Index. It was launched on Oct 21, 2013. PBJ is a passively managed fund by Invesco that tracks the performance of the Dynamic Food & Beverage Intellidex Index. It was launched on Jun 23, 2005. Both FSTA and PBJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSTA or PBJ.
Key characteristics
| FSTA | PBJ | |
|---|---|---|
| YTD Return | 14.74% | 5.48% |
| 1Y Return | 21.45% | 14.43% |
| 3Y Return (Ann) | 6.88% | 4.74% |
| 5Y Return (Ann) | 9.26% | 8.99% |
| 10Y Return (Ann) | 8.48% | 6.21% |
| Sharpe Ratio | 2.20 | 1.33 |
| Sortino Ratio | 3.17 | 1.97 |
| Omega Ratio | 1.38 | 1.23 |
| Calmar Ratio | 2.37 | 1.37 |
| Martin Ratio | 14.65 | 4.31 |
| Ulcer Index | 1.51% | 3.48% |
| Daily Std Dev | 10.04% | 11.28% |
| Max Drawdown | -25.13% | -39.15% |
| Current Drawdown | -2.16% | -1.00% |
Correlation
The correlation between FSTA and PBJ is 0.80, 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.
Performance
FSTA vs. PBJ - Performance Comparison
In the year-to-date period, FSTA achieves a 14.74% return, which is significantly higher than PBJ's 5.48% return. Over the past 10 years, FSTA has outperformed PBJ with an annualized return of 8.48%, while PBJ has yielded a comparatively lower 6.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSTA vs. PBJ - Expense Ratio Comparison
FSTA has a 0.08% expense ratio, which is lower than PBJ's 0.63% expense ratio.
Risk-Adjusted Performance
FSTA vs. PBJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Consumer Staples Index ETF (FSTA) and Invesco Dynamic Food & Beverage ETF (PBJ). 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
FSTA vs. PBJ - Dividend Comparison
FSTA's dividend yield for the trailing twelve months is around 2.40%, more than PBJ's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSTA Fidelity MSCI Consumer Staples Index ETF | 2.40% | 2.66% | 2.26% | 2.15% | 2.47% | 2.46% | 3.01% | 2.42% | 2.53% | 2.86% | 2.24% | 0.45% |
PBJ Invesco Dynamic Food & Beverage ETF | 1.17% | 1.80% | 1.81% | 0.90% | 1.12% | 1.21% | 1.41% | 0.70% | 1.56% | 1.24% | 1.32% | 0.85% |
Drawdowns
FSTA vs. PBJ - Drawdown Comparison
The maximum FSTA drawdown since its inception was -25.13%, smaller than the maximum PBJ drawdown of -39.15%. Use the drawdown chart below to compare losses from any high point for FSTA and PBJ. For additional features, visit the drawdowns tool.
Volatility
FSTA vs. PBJ - Volatility Comparison
The current volatility for Fidelity MSCI Consumer Staples Index ETF (FSTA) is 2.86%, while Invesco Dynamic Food & Beverage ETF (PBJ) has a volatility of 3.15%. This indicates that FSTA experiences smaller price fluctuations and is considered to be less risky than PBJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.