HDMV vs. FSKLX
Compare and contrast key facts about First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and Fidelity SAI International Low Volatility Index Fund (FSKLX).
HDMV is an actively managed fund by First Trust. It was launched on Aug 24, 2016. FSKLX is managed by Fidelity. It was launched on May 29, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDMV or FSKLX.
Correlation
The correlation between HDMV and FSKLX is 0.62, 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
HDMV vs. FSKLX - Performance Comparison
Key characteristics
HDMV:
1.84
FSKLX:
1.23
HDMV:
2.41
FSKLX:
1.71
HDMV:
1.36
FSKLX:
1.24
HDMV:
2.31
FSKLX:
1.26
HDMV:
5.74
FSKLX:
2.97
HDMV:
4.16%
FSKLX:
4.93%
HDMV:
13.05%
FSKLX:
11.92%
HDMV:
-32.01%
FSKLX:
-28.24%
HDMV:
0.00%
FSKLX:
0.00%
Returns By Period
In the year-to-date period, HDMV achieves a 19.18% return, which is significantly higher than FSKLX's 13.38% return.
HDMV
19.18%
6.08%
12.46%
23.88%
7.63%
N/A
FSKLX
13.38%
4.51%
7.46%
15.26%
6.90%
N/A
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HDMV vs. FSKLX - Expense Ratio Comparison
HDMV has a 0.80% expense ratio, which is higher than FSKLX's 0.17% expense ratio.
Risk-Adjusted Performance
HDMV vs. FSKLX — Risk-Adjusted Performance Rank
HDMV
FSKLX
HDMV vs. FSKLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and Fidelity SAI International Low Volatility Index Fund (FSKLX). 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
HDMV vs. FSKLX - Dividend Comparison
HDMV's dividend yield for the trailing twelve months is around 2.65%, more than FSKLX's 1.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 2.65% | 3.24% | 3.14% | 3.53% | 3.11% | 1.45% | 3.64% | 2.88% | 3.23% | 0.18% | 0.00% |
FSKLX Fidelity SAI International Low Volatility Index Fund | 1.85% | 2.09% | 2.31% | 2.01% | 2.42% | 1.32% | 1.94% | 2.38% | 1.69% | 2.36% | 1.10% |
Drawdowns
HDMV vs. FSKLX - Drawdown Comparison
The maximum HDMV drawdown since its inception was -32.01%, which is greater than FSKLX's maximum drawdown of -28.24%. Use the drawdown chart below to compare losses from any high point for HDMV and FSKLX. For additional features, visit the drawdowns tool.
Volatility
HDMV vs. FSKLX - Volatility Comparison
First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) has a higher volatility of 8.42% compared to Fidelity SAI International Low Volatility Index Fund (FSKLX) at 7.23%. This indicates that HDMV's price experiences larger fluctuations and is considered to be riskier than FSKLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.