ROKT vs. FSDAX
Compare and contrast key facts about SPDR S&P Kensho Final Frontiers ETF (ROKT) and Fidelity Select Defense & Aerospace Portfolio (FSDAX).
ROKT is a passively managed fund by State Street that tracks the performance of the S&P Kensho Final Frontiers Index. It was launched on Oct 22, 2018. FSDAX is managed by Fidelity. It was launched on May 8, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ROKT or FSDAX.
Correlation
The correlation between ROKT and FSDAX 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
ROKT vs. FSDAX - Performance Comparison
Key characteristics
ROKT:
0.90
FSDAX:
0.74
ROKT:
1.42
FSDAX:
1.12
ROKT:
1.19
FSDAX:
1.16
ROKT:
0.98
FSDAX:
1.06
ROKT:
3.34
FSDAX:
3.93
ROKT:
6.86%
FSDAX:
4.36%
ROKT:
25.42%
FSDAX:
23.10%
ROKT:
-43.16%
FSDAX:
-60.20%
ROKT:
-14.59%
FSDAX:
-2.67%
Returns By Period
In the year-to-date period, ROKT achieves a -7.31% return, which is significantly lower than FSDAX's 9.20% return.
ROKT
-7.31%
-4.50%
2.42%
22.55%
14.76%
N/A
FSDAX
9.20%
-1.17%
2.00%
17.58%
10.38%
5.46%
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ROKT vs. FSDAX - Expense Ratio Comparison
ROKT has a 0.45% expense ratio, which is lower than FSDAX's 0.74% expense ratio.
Risk-Adjusted Performance
ROKT vs. FSDAX — Risk-Adjusted Performance Rank
ROKT
FSDAX
ROKT vs. FSDAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Final Frontiers ETF (ROKT) and Fidelity Select Defense & Aerospace Portfolio (FSDAX). 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
ROKT vs. FSDAX - Dividend Comparison
ROKT's dividend yield for the trailing twelve months is around 0.65%, less than FSDAX's 4.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROKT SPDR S&P Kensho Final Frontiers ETF | 0.65% | 0.57% | 0.62% | 0.54% | 1.79% | 0.48% | 0.74% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
FSDAX Fidelity Select Defense & Aerospace Portfolio | 4.05% | 0.79% | 0.64% | 0.42% | 0.00% | 0.30% | 1.19% | 0.68% | 0.41% | 0.89% | 4.62% | 4.99% |
Drawdowns
ROKT vs. FSDAX - Drawdown Comparison
The maximum ROKT drawdown since its inception was -43.16%, smaller than the maximum FSDAX drawdown of -60.20%. Use the drawdown chart below to compare losses from any high point for ROKT and FSDAX. For additional features, visit the drawdowns tool.
Volatility
ROKT vs. FSDAX - Volatility Comparison
SPDR S&P Kensho Final Frontiers ETF (ROKT) and Fidelity Select Defense & Aerospace Portfolio (FSDAX) have volatilities of 15.34% and 15.34%, 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.