IVRA vs. FNILX
Compare and contrast key facts about Invesco Real Assets ESG ETF (IVRA) and Fidelity ZERO Large Cap Index Fund (FNILX).
IVRA is an actively managed fund by Invesco. It was launched on Dec 22, 2020. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVRA or FNILX.
Correlation
The correlation between IVRA and FNILX is 0.67, 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
IVRA vs. FNILX - Performance Comparison
Key characteristics
IVRA:
1.23
FNILX:
0.56
IVRA:
1.79
FNILX:
0.91
IVRA:
1.25
FNILX:
1.13
IVRA:
1.58
FNILX:
0.58
IVRA:
5.83
FNILX:
2.24
IVRA:
3.58%
FNILX:
4.94%
IVRA:
16.46%
FNILX:
19.59%
IVRA:
-25.98%
FNILX:
-33.75%
IVRA:
-3.40%
FNILX:
-7.71%
Returns By Period
In the year-to-date period, IVRA achieves a 4.30% return, which is significantly higher than FNILX's -3.35% return.
IVRA
4.30%
11.35%
0.91%
20.14%
N/A
N/A
FNILX
-3.35%
14.04%
-4.47%
10.99%
15.81%
N/A
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IVRA vs. FNILX - Expense Ratio Comparison
IVRA has a 0.59% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Risk-Adjusted Performance
IVRA vs. FNILX — Risk-Adjusted Performance Rank
IVRA
FNILX
IVRA vs. FNILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Real Assets ESG ETF (IVRA) and Fidelity ZERO Large Cap Index Fund (FNILX). 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
IVRA vs. FNILX - Dividend Comparison
IVRA's dividend yield for the trailing twelve months is around 3.80%, more than FNILX's 1.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
IVRA Invesco Real Assets ESG ETF | 3.80% | 3.72% | 2.50% | 2.33% | 5.48% | 0.00% | 0.00% | 0.00% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.13% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.41% |
Drawdowns
IVRA vs. FNILX - Drawdown Comparison
The maximum IVRA drawdown since its inception was -25.98%, smaller than the maximum FNILX drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for IVRA and FNILX. For additional features, visit the drawdowns tool.
Volatility
IVRA vs. FNILX - Volatility Comparison
The current volatility for Invesco Real Assets ESG ETF (IVRA) is 7.16%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 11.28%. This indicates that IVRA experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.