FUTY vs. DIVO
Compare and contrast key facts about Fidelity MSCI Utilities Index ETF (FUTY) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
FUTY and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FUTY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Utilities Index. It was launched on Oct 21, 2013. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FUTY or DIVO.
Key characteristics
| FUTY | DIVO | |
|---|---|---|
| YTD Return | 28.27% | 19.65% |
| 1Y Return | 36.74% | 26.35% |
| 3Y Return (Ann) | 9.03% | 9.28% |
| 5Y Return (Ann) | 7.88% | 12.37% |
| Sharpe Ratio | 2.34 | 3.11 |
| Sortino Ratio | 3.24 | 4.49 |
| Omega Ratio | 1.41 | 1.58 |
| Calmar Ratio | 1.77 | 4.99 |
| Martin Ratio | 11.93 | 20.15 |
| Ulcer Index | 3.11% | 1.36% |
| Daily Std Dev | 15.88% | 8.79% |
| Max Drawdown | -36.44% | -30.04% |
| Current Drawdown | -3.09% | 0.00% |
Correlation
The correlation between FUTY and DIVO is 0.44, 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
FUTY vs. DIVO - Performance Comparison
In the year-to-date period, FUTY achieves a 28.27% return, which is significantly higher than DIVO's 19.65% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FUTY vs. DIVO - Expense Ratio Comparison
FUTY has a 0.08% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
FUTY vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Utilities Index ETF (FUTY) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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
FUTY vs. DIVO - Dividend Comparison
FUTY's dividend yield for the trailing twelve months is around 2.72%, less than DIVO's 4.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUTY Fidelity MSCI Utilities Index ETF | 2.72% | 3.31% | 2.72% | 2.70% | 3.07% | 2.82% | 3.11% | 3.03% | 3.35% | 4.33% | 3.04% | 0.86% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.41% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FUTY vs. DIVO - Drawdown Comparison
The maximum FUTY drawdown since its inception was -36.44%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for FUTY and DIVO. For additional features, visit the drawdowns tool.
Volatility
FUTY vs. DIVO - Volatility Comparison
Fidelity MSCI Utilities Index ETF (FUTY) has a higher volatility of 5.42% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 3.39%. This indicates that FUTY's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.