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HERO vs. FVAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HERO and FVAL is 0.57, 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.


-0.50.00.51.00.6

Performance

HERO vs. FVAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Video Games & Esports ETF (HERO) and Fidelity Value Factor ETF (FVAL). The values are adjusted to include any dividend payments, if applicable.

40.00%50.00%60.00%70.00%80.00%90.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
65.79%
90.51%
HERO
FVAL

Key characteristics

Sharpe Ratio

HERO:

0.94

FVAL:

1.76

Sortino Ratio

HERO:

1.37

FVAL:

2.39

Omega Ratio

HERO:

1.17

FVAL:

1.33

Calmar Ratio

HERO:

0.43

FVAL:

2.61

Martin Ratio

HERO:

5.63

FVAL:

10.74

Ulcer Index

HERO:

3.67%

FVAL:

1.89%

Daily Std Dev

HERO:

21.90%

FVAL:

11.50%

Max Drawdown

HERO:

-54.02%

FVAL:

-37.26%

Current Drawdown

HERO:

-33.16%

FVAL:

-3.60%

Returns By Period

In the year-to-date period, HERO achieves a 20.31% return, which is significantly higher than FVAL's 18.64% return.


HERO

YTD

20.31%

1M

3.15%

6M

14.46%

1Y

18.56%

5Y*

8.73%

10Y*

N/A

FVAL

YTD

18.64%

1M

-0.72%

6M

8.68%

1Y

19.00%

5Y*

12.26%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HERO vs. FVAL - Expense Ratio Comparison

HERO has a 0.50% expense ratio, which is higher than FVAL's 0.29% expense ratio.


HERO
Global X Video Games & Esports ETF
Expense ratio chart for HERO: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for FVAL: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Risk-Adjusted Performance

HERO vs. FVAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Video Games & Esports ETF (HERO) and Fidelity Value Factor ETF (FVAL). 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.


Sharpe ratio
The chart of Sharpe ratio for HERO, currently valued at 0.94, compared to the broader market0.002.004.000.941.76
The chart of Sortino ratio for HERO, currently valued at 1.37, compared to the broader market-2.000.002.004.006.008.0010.001.372.39
The chart of Omega ratio for HERO, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.33
The chart of Calmar ratio for HERO, currently valued at 0.43, compared to the broader market0.005.0010.0015.000.432.61
The chart of Martin ratio for HERO, currently valued at 5.63, compared to the broader market0.0020.0040.0060.0080.00100.005.6310.74
HERO
FVAL

The current HERO Sharpe Ratio is 0.94, which is lower than the FVAL Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of HERO and FVAL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.94
1.76
HERO
FVAL

Dividends

HERO vs. FVAL - Dividend Comparison

HERO's dividend yield for the trailing twelve months is around 0.67%, less than FVAL's 1.59% yield.


TTM20232022202120202019201820172016
HERO
Global X Video Games & Esports ETF
0.67%0.73%0.28%0.79%0.71%0.17%0.00%0.00%0.00%
FVAL
Fidelity Value Factor ETF
1.59%1.69%1.79%1.41%1.61%1.77%2.06%1.62%0.45%

Drawdowns

HERO vs. FVAL - Drawdown Comparison

The maximum HERO drawdown since its inception was -54.02%, which is greater than FVAL's maximum drawdown of -37.26%. Use the drawdown chart below to compare losses from any high point for HERO and FVAL. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-33.16%
-3.60%
HERO
FVAL

Volatility

HERO vs. FVAL - Volatility Comparison

Global X Video Games & Esports ETF (HERO) has a higher volatility of 6.72% compared to Fidelity Value Factor ETF (FVAL) at 3.21%. This indicates that HERO's price experiences larger fluctuations and is considered to be riskier than FVAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.72%
3.21%
HERO
FVAL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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