PIEL vs. FIDI
PIEL (Pacer International Export Leaders ETF) and FIDI (Fidelity International High Dividend ETF) are both Foreign Large Cap Equities funds - PIEL tracks the Pacer International Export Leaders Index while FIDI tracks the Fidelity® International High Dividend Index. Both are passively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. PIEL charges 0.60%/yr vs 0.39%/yr for FIDI.
Performance
PIEL vs. FIDI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PIEL achieves a 12.32% return, which is significantly lower than FIDI's 15.58% return.
PIEL
- 1D
- -0.39%
- 1M
- -3.22%
- 6M
- 8.29%
- YTD
- 12.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FIDI
- 1D
- -0.92%
- 1M
- 5.97%
- 6M
- 10.31%
- YTD
- 15.58%
- 1Y
- 31.31%
- 3Y*
- 19.48%
- 5Y*
- 12.70%
- 10Y*
- —
- ALL TIME*
- 6.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.62M | $1.95M | $1.81M | |
| $1.50K | $4.13K | $8.68K |
PIEL vs. FIDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PIEL Pacer International Export Leaders ETF | 12.32% | -0.43% |
FIDI Fidelity International High Dividend ETF | 15.58% | 0.35% |
Correlation
The correlation between PIEL and FIDI is 0.61, 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 Dec 23, 2025 | 0.61 |
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
PIEL vs. FIDI — Risk / Return Rank
PIEL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FIDI
PIEL vs. FIDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer International Export Leaders ETF (PIEL) 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.
| PIEL | FIDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.48 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.51 | — |
| Martin ratioReturn relative to average drawdown | — | 15.65 | — |
Loading charts...
Drawdowns
PIEL vs. FIDI - Drawdown Comparison
The maximum PIEL drawdown since its inception was -14.67%, smaller than the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for PIEL and FIDI.
Loading charts...
Drawdown Indicators
| PIEL | FIDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.67% | -46.34% | +31.67% |
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 | -6.03% | -0.92% | -5.11% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -9.63% | +5.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.00% | — |
Volatility
PIEL vs. FIDI - Volatility Comparison
Loading charts...
Volatility by Period
| PIEL | FIDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.97% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.42% | 11.62% | +12.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.42% | 14.81% | +9.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.42% | 18.62% | +5.80% |
PIEL vs. FIDI - Expense Ratio Comparison
PIEL has a 0.60% expense ratio, which is higher than FIDI's 0.39% expense ratio.
Dividends
PIEL vs. FIDI - Dividend Comparison
PIEL 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% |
PIEL Pacer International Export Leaders ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PIEL and FIDI have a correlation of 0.61, 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 0.60% for PIEL.
FIDI has the higher dividend yield at 3.90%, compared with 0.00% for PIEL.
PIEL tracks Pacer International Export Leaders Index, while FIDI tracks Fidelity® International High Dividend Index. They also come from different issuers: Pacer and Fidelity. Their fees differ too: 0.60% for PIEL and 0.39% for FIDI.
Find the right allocation for PIEL 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