FZFLX vs. FTHI
Compare and contrast key facts about Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and First Trust BuyWrite Income ETF (FTHI).
FZFLX is managed by Fidelity. It was launched on Aug 12, 2015. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZFLX or FTHI.
Key characteristics
| FZFLX | FTHI | |
|---|---|---|
| YTD Return | 17.42% | 19.87% |
| 1Y Return | 36.77% | 25.54% |
| 3Y Return (Ann) | 4.28% | 10.55% |
| 5Y Return (Ann) | 11.72% | 8.34% |
| Sharpe Ratio | 2.28 | 3.10 |
| Sortino Ratio | 3.16 | 4.19 |
| Omega Ratio | 1.39 | 1.68 |
| Calmar Ratio | 2.08 | 4.40 |
| Martin Ratio | 12.11 | 25.23 |
| Ulcer Index | 2.99% | 1.01% |
| Daily Std Dev | 15.92% | 8.22% |
| Max Drawdown | -42.04% | -32.65% |
| Current Drawdown | -1.01% | -0.34% |
Correlation
The correlation between FZFLX and FTHI is 0.74, 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
FZFLX vs. FTHI - Performance Comparison
In the year-to-date period, FZFLX achieves a 17.42% return, which is significantly lower than FTHI's 19.87% 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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FZFLX vs. FTHI - Expense Ratio Comparison
FZFLX has a 0.05% expense ratio, which is lower than FTHI's 0.85% expense ratio.
Risk-Adjusted Performance
FZFLX vs. FTHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) and First Trust BuyWrite Income ETF (FTHI). 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
FZFLX vs. FTHI - Dividend Comparison
FZFLX's dividend yield for the trailing twelve months is around 1.58%, less than FTHI's 8.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 1.58% | 1.49% | 1.99% | 2.00% | 1.20% | 3.48% | 1.69% | 1.04% | 0.81% | 1.21% | 0.00% |
FTHI First Trust BuyWrite Income ETF | 8.26% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.02% | 4.43% | 4.98% | 3.96% |
Drawdowns
FZFLX vs. FTHI - Drawdown Comparison
The maximum FZFLX drawdown since its inception was -42.04%, which is greater than FTHI's maximum drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for FZFLX and FTHI. For additional features, visit the drawdowns tool.
Volatility
FZFLX vs. FTHI - Volatility Comparison
Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) has a higher volatility of 4.61% compared to First Trust BuyWrite Income ETF (FTHI) at 2.77%. This indicates that FZFLX's price experiences larger fluctuations and is considered to be riskier than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.