FTQGX vs. DVY
Compare and contrast key facts about Fidelity Focused Stock Fund (FTQGX) and iShares Select Dividend ETF (DVY).
FTQGX is managed by Fidelity. It was launched on Nov 12, 1996. DVY is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Dividend Index. It was launched on Nov 3, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTQGX or DVY.
Key characteristics
| FTQGX | DVY | |
|---|---|---|
| YTD Return | 29.28% | 16.96% |
| 1Y Return | 37.12% | 23.69% |
| 3Y Return (Ann) | 8.55% | 8.86% |
| 5Y Return (Ann) | 17.59% | 9.68% |
| 10Y Return (Ann) | 14.83% | 9.68% |
| Sharpe Ratio | 1.88 | 1.73 |
| Daily Std Dev | 19.87% | 13.58% |
| Max Drawdown | -61.00% | -62.59% |
| Current Drawdown | -4.49% | 0.00% |
Correlation
The correlation between FTQGX and DVY is 0.71, 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
FTQGX vs. DVY - Performance Comparison
In the year-to-date period, FTQGX achieves a 29.28% return, which is significantly higher than DVY's 16.96% return. Over the past 10 years, FTQGX has outperformed DVY with an annualized return of 14.83%, while DVY has yielded a comparatively lower 9.68% 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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FTQGX vs. DVY - Expense Ratio Comparison
FTQGX has a 0.86% expense ratio, which is higher than DVY's 0.39% expense ratio.
Risk-Adjusted Performance
FTQGX vs. DVY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Focused Stock Fund (FTQGX) and iShares Select Dividend ETF (DVY). 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
FTQGX vs. DVY - Dividend Comparison
FTQGX's dividend yield for the trailing twelve months is around 0.47%, less than DVY's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTQGX Fidelity Focused Stock Fund | 0.47% | 0.61% | 7.96% | 13.53% | 11.41% | 5.07% | 14.71% | 6.34% | 1.08% | 6.16% | 10.44% | 5.74% |
DVY iShares Select Dividend ETF | 3.40% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% | 3.03% | 3.06% |
Drawdowns
FTQGX vs. DVY - Drawdown Comparison
The maximum FTQGX drawdown since its inception was -61.00%, roughly equal to the maximum DVY drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for FTQGX and DVY. For additional features, visit the drawdowns tool.
Volatility
FTQGX vs. DVY - Volatility Comparison
Fidelity Focused Stock Fund (FTQGX) has a higher volatility of 5.91% compared to iShares Select Dividend ETF (DVY) at 2.95%. This indicates that FTQGX's price experiences larger fluctuations and is considered to be riskier than DVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.