HON vs. FIDU
Compare and contrast key facts about Honeywell International Inc (HON) and Fidelity MSCI Industrials Index ETF (FIDU).
FIDU is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Industrials Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HON or FIDU.
Performance
HON vs. FIDU - Performance Comparison
Returns By Period
In the year-to-date period, HON achieves a 10.40% return, which is significantly lower than FIDU's 22.84% return. Over the past 10 years, HON has underperformed FIDU with an annualized return of 10.70%, while FIDU has yielded a comparatively higher 11.69% annualized return.
HON
10.40%
2.84%
12.94%
21.06%
7.32%
10.70%
FIDU
22.84%
1.09%
11.34%
33.99%
13.92%
11.69%
Key characteristics
| HON | FIDU | |
|---|---|---|
| Sharpe Ratio | 1.20 | 2.36 |
| Sortino Ratio | 1.69 | 3.32 |
| Omega Ratio | 1.22 | 1.41 |
| Calmar Ratio | 1.45 | 5.17 |
| Martin Ratio | 4.11 | 15.28 |
| Ulcer Index | 5.04% | 2.21% |
| Daily Std Dev | 17.29% | 14.34% |
| Max Drawdown | -71.79% | -42.31% |
| Current Drawdown | -2.62% | -3.17% |
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Correlation
The correlation between HON and FIDU is 0.78, 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.
Risk-Adjusted Performance
HON vs. FIDU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Honeywell International Inc (HON) and Fidelity MSCI Industrials Index ETF (FIDU). 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
HON vs. FIDU - Dividend Comparison
HON's dividend yield for the trailing twelve months is around 1.93%, more than FIDU's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HON Honeywell International Inc | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FIDU Fidelity MSCI Industrials Index ETF | 1.20% | 1.42% | 1.48% | 1.12% | 1.28% | 1.73% | 1.99% | 1.60% | 1.63% | 1.98% | 1.55% | 0.31% |
Drawdowns
HON vs. FIDU - Drawdown Comparison
The maximum HON drawdown since its inception was -71.79%, which is greater than FIDU's maximum drawdown of -42.31%. Use the drawdown chart below to compare losses from any high point for HON and FIDU. For additional features, visit the drawdowns tool.
Volatility
HON vs. FIDU - Volatility Comparison
Honeywell International Inc (HON) has a higher volatility of 8.63% compared to Fidelity MSCI Industrials Index ETF (FIDU) at 5.37%. This indicates that HON's price experiences larger fluctuations and is considered to be riskier than FIDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.