HFXI vs. FFLC
Compare and contrast key facts about IQ 50 Percent Hedged FTSE International ETF (HFXI) and Fidelity Fundamental Large Cap Core ETF (FFLC).
HFXI and FFLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HFXI is a passively managed fund by New York Life that tracks the performance of the FTSE Developed ex North America 50% Hedged to USD Index. It was launched on Jul 22, 2015. FFLC is an actively managed fund by Fidelity. It was launched on Jun 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFXI or FFLC.
Correlation
The correlation between HFXI and FFLC is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HFXI vs. FFLC - Performance Comparison
Key characteristics
HFXI:
0.52
FFLC:
0.35
HFXI:
0.83
FFLC:
0.63
HFXI:
1.11
FFLC:
1.09
HFXI:
0.62
FFLC:
0.36
HFXI:
2.34
FFLC:
1.40
HFXI:
3.58%
FFLC:
5.02%
HFXI:
16.14%
FFLC:
19.85%
HFXI:
-32.42%
FFLC:
-19.72%
HFXI:
-2.78%
FFLC:
-11.92%
Returns By Period
In the year-to-date period, HFXI achieves a 5.99% return, which is significantly higher than FFLC's -7.16% return.
HFXI
5.99%
-2.43%
3.52%
7.60%
12.86%
N/A
FFLC
-7.16%
-5.97%
-7.75%
5.47%
N/A
N/A
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HFXI vs. FFLC - Expense Ratio Comparison
HFXI has a 0.20% expense ratio, which is lower than FFLC's 0.38% expense ratio.
Risk-Adjusted Performance
HFXI vs. FFLC — Risk-Adjusted Performance Rank
HFXI
FFLC
HFXI vs. FFLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ 50 Percent Hedged FTSE International ETF (HFXI) and Fidelity Fundamental Large Cap Core ETF (FFLC). 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
HFXI vs. FFLC - Dividend Comparison
HFXI's dividend yield for the trailing twelve months is around 2.41%, more than FFLC's 1.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HFXI IQ 50 Percent Hedged FTSE International ETF | 2.41% | 2.68% | 2.49% | 4.65% | 3.10% | 2.00% | 3.19% | 4.33% | 2.55% | 3.47% | 0.78% |
FFLC Fidelity Fundamental Large Cap Core ETF | 1.02% | 0.82% | 0.57% | 1.67% | 1.68% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HFXI vs. FFLC - Drawdown Comparison
The maximum HFXI drawdown since its inception was -32.42%, which is greater than FFLC's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for HFXI and FFLC. For additional features, visit the drawdowns tool.
Volatility
HFXI vs. FFLC - Volatility Comparison
The current volatility for IQ 50 Percent Hedged FTSE International ETF (HFXI) is 11.07%, while Fidelity Fundamental Large Cap Core ETF (FFLC) has a volatility of 14.06%. This indicates that HFXI experiences smaller price fluctuations and is considered to be less risky than FFLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.