FSYD vs. FDHY
Compare and contrast key facts about Fidelity Sustainable High Yield ETF (FSYD) and Fidelity High Yield Factor ETF (FDHY).
FSYD and FDHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSYD is an actively managed fund by Fidelity. It was launched on Feb 15, 2022. FDHY is an actively managed fund by Fidelity. It was launched on Jun 12, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSYD or FDHY.
Correlation
The correlation between FSYD and FDHY is 0.92, 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
FSYD vs. FDHY - Performance Comparison
Key characteristics
FSYD:
2.60
FDHY:
2.31
FSYD:
3.88
FDHY:
3.47
FSYD:
1.51
FDHY:
1.44
FSYD:
4.31
FDHY:
4.91
FSYD:
16.52
FDHY:
15.40
FSYD:
0.64%
FDHY:
0.62%
FSYD:
4.07%
FDHY:
4.12%
FSYD:
-12.11%
FDHY:
-20.01%
FSYD:
-0.09%
FDHY:
0.00%
Returns By Period
In the year-to-date period, FSYD achieves a 1.76% return, which is significantly lower than FDHY's 2.03% return.
FSYD
1.76%
0.49%
4.00%
10.51%
N/A
N/A
FDHY
2.03%
0.84%
3.36%
9.39%
4.30%
N/A
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FSYD vs. FDHY - Expense Ratio Comparison
FSYD has a 0.55% expense ratio, which is higher than FDHY's 0.45% expense ratio.
Risk-Adjusted Performance
FSYD vs. FDHY — Risk-Adjusted Performance Rank
FSYD
FDHY
FSYD vs. FDHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable High Yield ETF (FSYD) and Fidelity High Yield Factor ETF (FDHY). 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
FSYD vs. FDHY - Dividend Comparison
FSYD's dividend yield for the trailing twelve months is around 6.44%, less than FDHY's 6.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
FSYD Fidelity Sustainable High Yield ETF | 6.44% | 6.47% | 6.70% | 5.29% | 0.00% | 0.00% | 0.00% | 0.00% |
FDHY Fidelity High Yield Factor ETF | 6.51% | 6.58% | 6.26% | 5.34% | 6.09% | 5.78% | 4.94% | 3.07% |
Drawdowns
FSYD vs. FDHY - Drawdown Comparison
The maximum FSYD drawdown since its inception was -12.11%, smaller than the maximum FDHY drawdown of -20.01%. Use the drawdown chart below to compare losses from any high point for FSYD and FDHY. For additional features, visit the drawdowns tool.
Volatility
FSYD vs. FDHY - Volatility Comparison
Fidelity Sustainable High Yield ETF (FSYD) has a higher volatility of 0.98% compared to Fidelity High Yield Factor ETF (FDHY) at 0.81%. This indicates that FSYD's price experiences larger fluctuations and is considered to be riskier than FDHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.