IDLV vs. FSKLX
IDLV (Invesco S&P International Developed Low Volatility ETF) and FSKLX (Fidelity SAI International Low Volatility Index Fund) are both funds - IDLV is a Volatility Hedged Equity fund tracking the S&P BMI International Developed Low Volatility Index, while FSKLX is a Foreign Large Cap Equities fund managed by Fidelity. Over the past 10 years, IDLV returned 5.12%/yr vs 5.80%/yr for FSKLX. Their correlation of 0.88 suggests significant overlap in exposure. IDLV charges 0.25%/yr vs 0.17%/yr for FSKLX.
Performance
IDLV vs. FSKLX - Performance Comparison
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Returns By Period
In the year-to-date period, IDLV achieves a 2.35% return, which is significantly lower than FSKLX's 3.96% return. Over the past 10 years, IDLV has underperformed FSKLX with an annualized return of 5.12%, while FSKLX has yielded a comparatively higher 5.80% annualized return.
IDLV
- 1D
- -0.26%
- 1M
- -1.99%
- YTD
- 2.35%
- 6M
- 4.22%
- 1Y
- 9.36%
- 3Y*
- 11.74%
- 5Y*
- 5.88%
- 10Y*
- 5.12%
FSKLX
- 1D
- -0.37%
- 1M
- -1.03%
- YTD
- 3.96%
- 6M
- 6.12%
- 1Y
- 9.07%
- 3Y*
- 10.75%
- 5Y*
- 5.48%
- 10Y*
- 5.80%
IDLV vs. FSKLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDLV Invesco S&P International Developed Low Volatility ETF | 2.35% | 27.77% | 2.15% | 9.18% | -12.21% | 9.76% | -9.78% | 20.09% | -8.02% | 22.01% |
FSKLX Fidelity SAI International Low Volatility Index Fund | 3.96% | 21.95% | 1.20% | 13.84% | -13.48% | 9.91% | -1.57% | 16.12% | -4.88% | 21.40% |
Correlation
The correlation between IDLV and FSKLX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jun 8, 2015 | 0.88 |
The correlation between IDLV and FSKLX has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.
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Return for Risk
IDLV vs. FSKLX — Risk / Return Rank
IDLV
FSKLX
IDLV vs. FSKLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Low Volatility ETF (IDLV) 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.
| IDLV | FSKLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.14 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 0.93 | +0.32 |
| Martin ratioReturn relative to average drawdown | 3.69 | 2.57 | +1.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IDLV | FSKLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 0.76 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.48 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.49 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.45 | -0.01 |
Drawdowns
IDLV vs. FSKLX - Drawdown Comparison
The maximum IDLV drawdown since its inception was -34.65%, which is greater than FSKLX's maximum drawdown of -27.26%. Use the drawdown chart below to compare losses from any high point for IDLV and FSKLX.
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Drawdown Indicators
| IDLV | FSKLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.65% | -27.26% | -7.39% |
Max Drawdown (1Y)Largest decline over 1 year | -7.54% | -8.64% | +1.10% |
Max Drawdown (3Y)Largest decline over 3 years | -9.97% | -11.59% | +1.62% |
Max Drawdown (5Y)Largest decline over 5 years | -22.52% | -24.99% | +2.47% |
Max Drawdown (10Y)Largest decline over 10 years | -34.65% | -27.26% | -7.39% |
Current DrawdownCurrent decline from peak | -5.95% | -6.75% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -5.95% | -5.14% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 3.12% | -0.58% |
Volatility
IDLV vs. FSKLX - Volatility Comparison
Invesco S&P International Developed Low Volatility ETF (IDLV) and Fidelity SAI International Low Volatility Index Fund (FSKLX) have volatilities of 2.69% and 2.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDLV | FSKLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 2.68% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 7.65% | 7.92% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.79% | 10.61% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.80% | 11.51% | +0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.40% | 11.94% | +1.46% |
IDLV vs. FSKLX - Expense Ratio Comparison
IDLV has a 0.25% expense ratio, which is higher than FSKLX's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IDLV vs. FSKLX - Dividend Comparison
IDLV's dividend yield for the trailing twelve months is around 4.71%, more than FSKLX's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSKLX Fidelity SAI International Low Volatility Index Fund | 2.49% | 2.59% | 2.09% | 2.31% | 2.01% | 2.42% | 1.32% | 6.06% | 2.64% | 1.69% | 2.85% | 1.10% |
IDLV Invesco S&P International Developed Low Volatility ETF | 4.71% | 4.63% | 3.41% | 3.59% | 4.69% | 2.99% | 2.30% | 4.92% | 3.94% | 3.05% | 3.92% | 3.93% |
Frequently Asked Questions
IDLV and FSKLX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDLV has higher volatility (2.69%) compared to FSKLX (2.68%). In terms of maximum drawdown, IDLV dropped -34.65% vs FSKLX's -27.26%.
IDLV currently has the higher Sharpe Ratio (0.96 vs 0.76), 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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