MIVL vs. FIDI
MIVL (MFS Active International Value ETF) and FIDI (Fidelity International High Dividend ETF) are both Foreign Large Cap Equities funds. MIVL is actively managed, while FIDI is passively managed. Their 0.79 correlation means they have sometimes moved together and sometimes differently. MIVL charges 0.57%/yr vs 0.39%/yr for FIDI.
Performance
MIVL vs. FIDI - Performance Comparison
Loading charts...
Returns By Period
MIVL
- 1D
- 0.32%
- 1M
- 4.70%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FIDI
- 1D
- -0.03%
- 1M
- 5.76%
- 6M
- 8.44%
- YTD
- 15.35%
- 1Y
- 29.37%
- 3Y*
- 20.21%
- 5Y*
- 12.42%
- 10Y*
- —
- ALL TIME*
- 6.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.67M | $2.00M | $1.83M | |
| $47.48K | $126.30K | $523.93K |
MIVL vs. FIDI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MIVL MFS Active International Value ETF | 5.22% |
FIDI Fidelity International High Dividend ETF | 5.90% |
Correlation
The correlation between MIVL and FIDI is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026 | 0.79 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MIVL vs. FIDI — Risk / Return Rank
MIVL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FIDI
MIVL vs. FIDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Active International Value ETF (MIVL) and Fidelity International High Dividend ETF (FIDI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MIVL | FIDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.46 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.24 | — |
| Martin ratioReturn relative to average drawdown | — | 14.69 | — |
Loading charts...
Drawdowns
MIVL vs. FIDI - Drawdown Comparison
The maximum MIVL drawdown since its inception was -2.49%, smaller than the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for MIVL and FIDI.
Loading charts...
Drawdown Indicators
| MIVL | FIDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.49% | -46.34% | +43.85% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.96% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.09% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.05% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.12% | +1.12% |
Average DrawdownAverage peak-to-trough decline | -0.84% | -9.63% | +8.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.00% | — |
Volatility
MIVL vs. FIDI - Volatility Comparison
Loading charts...
Volatility by Period
| MIVL | FIDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.77% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.25% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.51% | 11.59% | +1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.51% | 14.81% | -1.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.51% | 18.61% | -5.10% |
MIVL vs. FIDI - Expense Ratio Comparison
MIVL has a 0.57% expense ratio, which is higher than FIDI's 0.39% expense ratio.
Dividends
MIVL vs. FIDI - Dividend Comparison
MIVL has not paid dividends to shareholders, while FIDI's dividend yield for the trailing twelve months is around 3.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FIDI Fidelity International High Dividend ETF | 3.90% | 4.33% | 5.72% | 4.80% | 5.09% | 4.00% | 3.36% | 4.26% | 4.37% |
MIVL MFS Active International Value ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MIVL and FIDI have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FIDI is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FIDI is cheaper with a 0.39% expense ratio, compared with 0.57% for MIVL.
FIDI has the higher dividend yield at 3.90%, compared with 0.00% for MIVL.
They also come from different issuers: MFS and Fidelity. Their fees differ too: 0.57% for MIVL and 0.39% for FIDI.
Find the right allocation for MIVL and FIDI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer