HD vs. FENY
HD (The Home Depot, Inc.) is a stock, while FENY (Fidelity MSCI Energy Index ETF) is Energy Equities fund tracking the MSCI USA IMI Energy 25/50 Index. Over the past 10 years, HD returned 12.51%/yr vs 8.82%/yr for FENY. At a 0.26 correlation, their price movements are largely independent.
Performance
HD vs. FENY - Performance Comparison
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Returns By Period
In the year-to-date period, HD achieves a 2.58% return, which is significantly lower than FENY's 29.32% return. Over the past 10 years, HD has outperformed FENY with an annualized return of 12.51%, while FENY has yielded a comparatively lower 8.82% annualized return.
HD
- 1D
- 1.93%
- 1M
- 3.24%
- 6M
- -6.91%
- YTD
- 2.58%
- 1Y
- -0.04%
- 3Y*
- 5.91%
- 5Y*
- 4.16%
- 10Y*
- 12.51%
FENY
- 1D
- 0.80%
- 1M
- 3.75%
- 6M
- 21.33%
- YTD
- 29.32%
- 1Y
- 36.92%
- 3Y*
- 15.86%
- 5Y*
- 22.94%
- 10Y*
- 8.82%
HD vs. FENY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HD The Home Depot, Inc. | 2.58% | -9.33% | 15.00% | 12.77% | -21.98% | 59.51% | 24.50% | 30.56% | -7.30% | 44.61% |
FENY Fidelity MSCI Energy Index ETF | 29.32% | 7.27% | 6.62% | -0.04% | 62.94% | 55.62% | -33.15% | 9.11% | -19.99% | -2.30% |
Correlation
The correlation between HD and FENY is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013 | 0.26 |
The correlation between HD and FENY shifts across timeframes, from -0.13 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HD vs. FENY — Risk / Return Rank
HD
FENY
HD vs. FENY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Home Depot, Inc. (HD) and Fidelity MSCI Energy Index ETF (FENY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HD | FENY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.29 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.00 | 2.48 | -2.48 |
| Martin ratioReturn relative to average drawdown | -0.00 | 6.74 | -6.74 |
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Drawdowns
HD vs. FENY - Drawdown Comparison
The maximum HD drawdown since its inception was -70.46%, smaller than the maximum FENY drawdown of -74.35%. Use the drawdown chart below to compare losses from any high point for HD and FENY.
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Drawdown Indicators
| HD | FENY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.46% | -74.35% | +3.89% |
Max Drawdown (1Y)Largest decline over 1 year | -28.81% | -14.96% | -13.85% |
Max Drawdown (3Y)Largest decline over 3 years | -28.84% | -21.47% | -7.37% |
Max Drawdown (5Y)Largest decline over 5 years | -34.73% | -26.64% | -8.09% |
Max Drawdown (10Y)Largest decline over 10 years | -37.99% | -69.07% | +31.08% |
Current DrawdownCurrent decline from peak | -16.13% | -8.45% | -7.68% |
Average DrawdownAverage peak-to-trough decline | -20.59% | -23.01% | +2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.26% | 5.50% | +9.76% |
Volatility
HD vs. FENY - Volatility Comparison
The Home Depot, Inc. (HD) has a higher volatility of 9.33% compared to Fidelity MSCI Energy Index ETF (FENY) at 6.06%. This indicates that HD's price experiences larger fluctuations and is considered to be riskier than FENY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HD | FENY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.33% | 6.06% | +3.27% |
Volatility (6M)Calculated over the trailing 6-month period | 18.97% | 16.53% | +2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.84% | 20.83% | +4.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.40% | 26.31% | -1.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.96% | 29.78% | -4.82% |
Dividends
HD vs. FENY - Dividend Comparison
HD's dividend yield for the trailing twelve months is around 2.66%, more than FENY's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FENY Fidelity MSCI Energy Index ETF | 2.46% | 3.18% | 3.05% | 3.33% | 3.33% | 3.69% | 4.60% | 6.43% | 3.21% | 2.94% | 2.29% | 3.05% |
HD The Home Depot, Inc. | 2.66% | 2.67% | 2.31% | 2.41% | 2.41% | 1.59% | 2.26% | 2.49% | 2.40% | 1.88% | 2.06% | 1.78% |
Frequently Asked Questions
HD and FENY have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HD has higher volatility (9.33%) compared to FENY (6.06%). In terms of maximum drawdown, HD dropped -70.46% vs FENY's -74.35%.
FENY currently has the higher Sharpe Ratio (1.78 vs -0.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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