NEWZ vs. FDLS

Last updated Jun 3, 2026

NEWZ (StockSnips AI-Powered Sentiment US All Cap ETF) and FDLS (Inspire Fidelis Multi Factor ETF) are both Mid Cap Blend Equities funds. NEWZ is actively managed, while FDLS is passively managed. Over the past year, NEWZ returned 3.46% vs 35.94% for FDLS. A 0.76 correlation means they provide meaningful diversification when combined. NEWZ charges 0.75%/yr vs 0.76%/yr for FDLS.

Performance

NEWZ vs. FDLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) and Inspire Fidelis Multi Factor ETF (FDLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEWZ achieves a 7.67% return, which is significantly lower than FDLS's 14.44% return.

NEWZ

• 1D: 1.33%
• 1M: 1.00%
• YTD: 7.67%
• 6M: 6.49%
• 1Y: 3.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FDLS

• 1D: 0.82%
• 1M: -0.37%
• YTD: 14.44%
• 6M: 15.20%
• 1Y: 35.94%
• 3Y*: 20.12%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NEWZ vs. FDLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF	7.67%	-4.08%	15.16%
FDLS Inspire Fidelis Multi Factor ETF	14.44%	22.47%	8.06%

Correlation

The correlation between NEWZ and FDLS is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Apr 15, 2024	0.76

The correlation between NEWZ and FDLS has been stable across timeframes, ranging from 0.76 to 0.76 - a consistent structural relationship.

NEWZ vs. FDLS - Sectors Allocation Comparison

Sectors	NEWZ	FDLS
Healthcare	17.7%	11.7%
Financial Services	16.2%	14.3%
Technology	12.7%	25.7%
Communication Services	10.1%	3.3%
Industrials	10.0%	18.8%
Consumer Cyclical	9.2%	4.4%
Energy	7.4%	7.1%
Real Estate	6.9%	2.1%
Consumer Defensive	3.3%	4.9%
Utilities	3.3%	1.7%
Basic Materials	3.3%	5.0%

Return for Risk

NEWZ vs. FDLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NEWZ

NEWZ Risk / Return Rank: 12
NEWZ Sharpe Ratio Rank: 12
NEWZ Sortino Ratio Rank: 11
NEWZ Omega Ratio Rank: 11
NEWZ Calmar Ratio Rank: 13
NEWZ Martin Ratio Rank: 14

FDLS

FDLS Risk / Return Rank: 68
FDLS Sharpe Ratio Rank: 64
FDLS Sortino Ratio Rank: 65
FDLS Omega Ratio Rank: 62
FDLS Calmar Ratio Rank: 74
FDLS Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NEWZ vs. FDLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) and Inspire Fidelis Multi Factor ETF (FDLS). 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.

	NEWZ	FDLS	Difference
Sharpe ratio Return per unit of total volatility	0.25	2.17	-1.91
Sortino ratio Return per unit of downside risk	0.45	3.04	-2.59
Omega ratio Gain probability vs. loss probability	1.05	1.38	-0.33
Calmar ratio Return relative to maximum drawdown	0.38	3.82	-3.44
Martin ratio Return relative to average drawdown	1.06	15.40	-14.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NEWZ vs. FDLS - Sharpe Ratio Comparison

The current NEWZ Sharpe Ratio is 0.25, which is lower than the FDLS Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of NEWZ and FDLS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NEWZ	FDLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	2.17	-1.91
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.88	-0.34

Drawdowns

NEWZ vs. FDLS - Drawdown Comparison

The maximum NEWZ drawdown since its inception was -19.40%, smaller than the maximum FDLS drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for NEWZ and FDLS.

Drawdown Indicators

	NEWZ	FDLS	Difference
Max Drawdown Largest peak-to-trough decline	-19.40%	-23.32%	+3.92%
Max Drawdown (1Y) Largest decline over 1 year	-10.82%	-9.55%	-1.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.32%	—
Current Drawdown Current decline from peak	-3.21%	-1.52%	-1.69%
Average Drawdown Average peak-to-trough decline	-5.34%	-3.89%	-1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.86%	2.37%	+1.49%

Volatility

NEWZ vs. FDLS - Volatility Comparison

The current volatility for StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) is 3.72%, while Inspire Fidelis Multi Factor ETF (FDLS) has a volatility of 4.24%. This indicates that NEWZ experiences smaller price fluctuations and is considered to be less risky than FDLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEWZ	FDLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.72%	4.24%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	8.86%	12.41%	-3.55%
Volatility (1Y) Calculated over the trailing 1-year period	13.72%	16.66%	-2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.72%	19.07%	-3.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.72%	19.07%	-3.35%

NEWZ vs. FDLS - Expense Ratio Comparison

NEWZ has a 0.75% expense ratio, which is lower than FDLS's 0.76% expense ratio.

Dividends

NEWZ vs. FDLS - Dividend Comparison

NEWZ's dividend yield for the trailing twelve months is around 0.10%, less than FDLS's 0.86% yield.

Position	TTM	2025	2024	2023	2022
FDLS Inspire Fidelis Multi Factor ETF	0.86%	0.86%	7.26%	0.97%	0.31%
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF	0.10%	0.27%	0.18%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NEWZ and FDLS in my portfolio?

NEWZ and FDLS have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NEWZ or FDLS?

FDLS has higher volatility (4.24%) compared to NEWZ (3.72%). In terms of maximum drawdown, NEWZ dropped -19.40% vs FDLS's -23.32%.

Which ETF is better, NEWZ or FDLS?

On 1-year performance, FDLS leads with 35.94% vs 3.46% for NEWZ. On fees, NEWZ is cheaper at 0.75% per year. On volatility, NEWZ has been the lower-risk option at 3.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NEWZ or FDLS?

Over the 1-year period, FDLS has performed better with a 35.94% return vs 3.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NEWZ or FDLS?

NEWZ is cheaper with a 0.75% expense ratio, compared with 0.76% for FDLS.

Which ETF pays a higher dividend yield, NEWZ or FDLS?

FDLS has the higher dividend yield at 0.86%, compared with 0.10% for NEWZ.

What is the main difference between NEWZ and FDLS?

They also come from different issuers: StockSnips and Inspire. Their fees differ too: 0.75% for NEWZ and 0.76% for FDLS.

Which has better risk-adjusted returns?

FDLS currently has the higher Sharpe Ratio (2.17 vs 0.25), 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.