SATO vs. FDIG
SATO (Invesco Alerian Galaxy Crypto Economy ETF) and FDIG (Fidelity Crypto Industry and Digital Payments ETF) are both exchange-traded funds - SATO is a Cryptocurrency fund tracking the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index, while FDIG is a Blockchain fund tracking the Fidelity Crypto Industry and Digital Payments Index. Both are passively managed. Over the past 3 years, SATO returned 37.72%/yr vs 36.48%/yr for FDIG. Their correlation of 0.95 suggests significant overlap in exposure. SATO charges 0.60%/yr vs 0.39%/yr for FDIG.
Performance
SATO vs. FDIG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SATO achieves a 0.09% return, which is significantly lower than FDIG's 17.50% return.
SATO
- 1D
- -2.97%
- 1M
- -5.75%
- YTD
- 0.09%
- 6M
- -5.06%
- 1Y
- 8.50%
- 3Y*
- 37.72%
- 5Y*
- —
- 10Y*
- —
FDIG
- 1D
- -1.95%
- 1M
- 0.66%
- YTD
- 17.50%
- 6M
- 11.04%
- 1Y
- 44.87%
- 3Y*
- 36.48%
- 5Y*
- —
- 10Y*
- —
SATO vs. FDIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SATO Invesco Alerian Galaxy Crypto Economy ETF | 0.09% | 2.26% | 55.25% | 266.77% | -72.82% |
FDIG Fidelity Crypto Industry and Digital Payments ETF | 17.50% | 19.92% | 18.41% | 166.00% | -59.37% |
Correlation
The correlation between SATO and FDIG is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Apr 21, 2022 | 0.95 |
The correlation between SATO and FDIG has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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
SATO vs. FDIG — Risk / Return Rank
SATO
FDIG
SATO vs. FDIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Alerian Galaxy Crypto Economy ETF (SATO) and Fidelity Crypto Industry and Digital Payments ETF (FDIG). 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.
| SATO | FDIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.17 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 0.97 | -0.81 |
| Martin ratioReturn relative to average drawdown | 0.28 | 1.82 | -1.54 |
Loading charts...
Drawdowns
SATO vs. FDIG - Drawdown Comparison
The maximum SATO drawdown since its inception was -88.00%, which is greater than FDIG's maximum drawdown of -61.35%. Use the drawdown chart below to compare losses from any high point for SATO and FDIG.
Loading charts...
Drawdown Indicators
| SATO | FDIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.00% | -61.35% | -26.65% |
Max Drawdown (1Y)Largest decline over 1 year | -53.49% | -46.69% | -6.80% |
Max Drawdown (3Y)Largest decline over 3 years | -53.49% | -49.66% | -3.83% |
Current DrawdownCurrent decline from peak | -38.67% | -22.18% | -16.49% |
Average DrawdownAverage peak-to-trough decline | -50.82% | -27.48% | -23.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.44% | 24.69% | +5.75% |
Volatility
SATO vs. FDIG - Volatility Comparison
The current volatility for Invesco Alerian Galaxy Crypto Economy ETF (SATO) is 13.50%, while Fidelity Crypto Industry and Digital Payments ETF (FDIG) has a volatility of 15.67%. This indicates that SATO experiences smaller price fluctuations and is considered to be less risky than FDIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SATO | FDIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.50% | 15.67% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 38.64% | 37.03% | +1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.11% | 50.67% | +1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.17% | 60.91% | +2.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.17% | 60.91% | +2.26% |
SATO vs. FDIG - Expense Ratio Comparison
SATO has a 0.60% expense ratio, which is higher than FDIG's 0.39% expense ratio.
Dividends
SATO vs. FDIG - Dividend Comparison
SATO's dividend yield for the trailing twelve months is around 6.70%, more than FDIG's 1.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FDIG Fidelity Crypto Industry and Digital Payments ETF | 1.39% | 1.14% | 1.17% | 0.18% | 0.00% | 0.00% |
SATO Invesco Alerian Galaxy Crypto Economy ETF | 6.70% | 9.50% | 15.03% | 2.21% | 8.97% | 0.73% |
Frequently Asked Questions
With a correlation of 0.94, SATO and FDIG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FDIG has higher volatility (15.67%) compared to SATO (13.50%). In terms of maximum drawdown, SATO dropped -88.00% vs FDIG's -61.35%.
On 3-year performance, SATO leads with 37.72% vs 36.48% for FDIG. On fees, FDIG is cheaper at 0.39% per year. On volatility, SATO has been the lower-risk option at 13.50%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SATO has performed better with a 37.72% return vs 36.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDIG is cheaper with a 0.39% expense ratio, compared with 0.60% for SATO.
SATO has the higher dividend yield at 6.70%, compared with 1.39% for FDIG.
SATO is categorized as Cryptocurrency, while FDIG is Blockchain. SATO tracks Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index, while FDIG tracks Fidelity Crypto Industry and Digital Payments Index. They also come from different issuers: Invesco and Fidelity. Their fees differ too: 0.60% for SATO and 0.39% for FDIG.
FDIG currently has the higher Sharpe Ratio (0.89 vs 0.16), 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.
Find the right allocation for SATO and FDIG
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