SFL vs. FTEC
Compare and contrast key facts about SFL Corporation Ltd. (SFL) and Fidelity MSCI Information Technology Index ETF (FTEC).
FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SFL or FTEC.
Correlation
The correlation between SFL and FTEC is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SFL vs. FTEC - Performance Comparison
Key characteristics
SFL:
-0.72
FTEC:
1.20
SFL:
-0.80
FTEC:
1.65
SFL:
0.89
FTEC:
1.22
SFL:
-0.65
FTEC:
1.76
SFL:
-1.19
FTEC:
6.12
SFL:
16.89%
FTEC:
4.40%
SFL:
27.93%
FTEC:
22.41%
SFL:
-85.65%
FTEC:
-34.95%
SFL:
-30.91%
FTEC:
-0.96%
Returns By Period
In the year-to-date period, SFL achieves a -8.12% return, which is significantly lower than FTEC's 3.16% return. Over the past 10 years, SFL has underperformed FTEC with an annualized return of 5.27%, while FTEC has yielded a comparatively higher 20.38% annualized return.
SFL
-8.12%
-11.00%
-14.40%
-20.57%
2.32%
5.27%
FTEC
3.16%
1.36%
12.66%
29.45%
20.54%
20.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SFL vs. FTEC — Risk-Adjusted Performance Rank
SFL
FTEC
SFL vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SFL Corporation Ltd. (SFL) and Fidelity MSCI Information Technology Index ETF (FTEC). 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
SFL vs. FTEC - Dividend Comparison
SFL's dividend yield for the trailing twelve months is around 11.40%, more than FTEC's 0.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SFL SFL Corporation Ltd. | 11.40% | 10.47% | 8.60% | 9.54% | 7.73% | 15.92% | 9.63% | 13.30% | 10.32% | 12.12% | 10.50% | 11.54% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.47% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
Drawdowns
SFL vs. FTEC - Drawdown Comparison
The maximum SFL drawdown since its inception was -85.65%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for SFL and FTEC. For additional features, visit the drawdowns tool.
Volatility
SFL vs. FTEC - Volatility Comparison
SFL Corporation Ltd. (SFL) has a higher volatility of 11.17% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 7.68%. This indicates that SFL's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.