GAMR vs. FDIS
Compare and contrast key facts about Wedbush ETFMG Video Game Tech ETF (GAMR) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS).
GAMR and FDIS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GAMR is a passively managed fund by ETFMG that tracks the performance of the EEFund Video Game Tech Index. It was launched on Mar 8, 2016. FDIS is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Consumer Discretionary Index. It was launched on Oct 21, 2013. Both GAMR and FDIS 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: GAMR or FDIS.
Performance
GAMR vs. FDIS - Performance Comparison
Returns By Period
In the year-to-date period, GAMR achieves a 8.86% return, which is significantly lower than FDIS's 20.15% return.
GAMR
8.86%
0.76%
4.11%
13.44%
9.79%
N/A
FDIS
20.15%
7.21%
18.31%
29.65%
16.52%
13.99%
Key characteristics
| GAMR | FDIS | |
|---|---|---|
| Sharpe Ratio | 0.71 | 1.74 |
| Sortino Ratio | 1.10 | 2.38 |
| Omega Ratio | 1.14 | 1.30 |
| Calmar Ratio | 0.30 | 1.57 |
| Martin Ratio | 3.60 | 8.72 |
| Ulcer Index | 4.16% | 3.49% |
| Daily Std Dev | 21.20% | 17.45% |
| Max Drawdown | -54.16% | -39.16% |
| Current Drawdown | -39.82% | -2.01% |
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GAMR vs. FDIS - Expense Ratio Comparison
GAMR has a 0.75% expense ratio, which is higher than FDIS's 0.08% expense ratio.
Correlation
The correlation between GAMR and FDIS is 0.66, 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.
Risk-Adjusted Performance
GAMR vs. FDIS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wedbush ETFMG Video Game Tech ETF (GAMR) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS). 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
GAMR vs. FDIS - Dividend Comparison
GAMR's dividend yield for the trailing twelve months is around 0.07%, less than FDIS's 0.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAMR Wedbush ETFMG Video Game Tech ETF | 0.07% | 0.03% | 0.00% | 2.69% | 0.92% | 1.56% | 1.56% | 0.46% | 1.89% | 0.00% | 0.00% | 0.00% |
FDIS Fidelity MSCI Consumer Discretionary Index ETF | 0.69% | 0.78% | 1.00% | 0.58% | 0.59% | 1.14% | 1.29% | 1.00% | 1.62% | 1.25% | 1.01% | 0.28% |
Drawdowns
GAMR vs. FDIS - Drawdown Comparison
The maximum GAMR drawdown since its inception was -54.16%, which is greater than FDIS's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for GAMR and FDIS. For additional features, visit the drawdowns tool.
Volatility
GAMR vs. FDIS - Volatility Comparison
Wedbush ETFMG Video Game Tech ETF (GAMR) has a higher volatility of 7.41% compared to Fidelity MSCI Consumer Discretionary Index ETF (FDIS) at 6.31%. This indicates that GAMR's price experiences larger fluctuations and is considered to be riskier than FDIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.