GOEV vs. FDEV

Last updated Apr 1, 2026

Compare and contrast key facts about Canoo Inc. (GOEV) and Fidelity International Multifactor ETF (FDEV).

FDEV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Targeted International Factor Index. It was launched on Feb 26, 2019.

Performance

GOEV vs. FDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canoo Inc. (GOEV) and Fidelity International Multifactor ETF (FDEV). The values are adjusted to include any dividend payments, if applicable.

GOEV vs. FDEV - Yearly Performance Comparison

	2026 (YTD)
GOEV Canoo Inc.	0.00%
FDEV Fidelity International Multifactor ETF	-2.27%

Returns By Period

GOEV

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FDEV

• 1D: 2.35%
• 1M: -4.83%
• YTD: 3.83%
• 6M: 9.22%
• 1Y: 25.14%
• 3Y*: 14.97%
• 5Y*: 7.95%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GOEV vs. FDEV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDEV

FDEV Risk / Return Rank: 89
FDEV Sharpe Ratio Rank: 86
FDEV Sortino Ratio Rank: 89
FDEV Omega Ratio Rank: 88
FDEV Calmar Ratio Rank: 89
FDEV Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOEV vs. FDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canoo Inc. (GOEV) and Fidelity International Multifactor ETF (FDEV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GOEV	FDEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.73	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.53	—

Dividends

GOEV vs. FDEV - Dividend Comparison

GOEV has not paid dividends to shareholders, while FDEV's dividend yield for the trailing twelve months is around 2.83%.

	TTM	2025	2024	2023	2022	2021	2020	2019
GOEV Canoo Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FDEV Fidelity International Multifactor ETF	2.83%	2.86%	2.99%	2.80%	2.65%	2.81%	1.88%	2.73%

Drawdowns

GOEV vs. FDEV - Drawdown Comparison

The maximum GOEV drawdown since its inception was 0.00%, smaller than the maximum FDEV drawdown of -30.11%. Use the drawdown chart below to compare losses from any high point for GOEV and FDEV.

Drawdown Indicators

	GOEV	FDEV	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-30.11%	+30.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.67%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.02%	—
Current Drawdown Current decline from peak	0.00%	-4.83%	+4.83%
Average Drawdown Average peak-to-trough decline	0.00%	-6.38%	+6.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.13%	—

Volatility

Volatility by Period

	GOEV	FDEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	14.62%	-14.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	13.85%	-13.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	15.38%	-15.38%