SOCL vs. FDCF

Last updated Jul 15, 2026

SOCL (Global X Social Media ETF) and FDCF (Fidelity Disruptive Communications ETF) are both exchange-traded funds - SOCL is a Large Cap Growth Equities fund tracking the Solactive Social Media Index, while FDCF is a Communications Equities fund actively managed by Fidelity. SOCL is passively managed, while FDCF is actively managed. Over the past 3 years, SOCL returned 5.65%/yr vs 23.74%/yr for FDCF. A 0.77 correlation means they provide meaningful diversification when combined. SOCL charges 0.65%/yr vs 0.50%/yr for FDCF.

Performance

SOCL vs. FDCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Social Media ETF (SOCL) and Fidelity Disruptive Communications ETF (FDCF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOCL achieves a -15.97% return, which is significantly lower than FDCF's 6.06% return.

SOCL

• 1D: 0.44%
• 1M: 1.08%
• 6M: -20.41%
• YTD: -15.97%
• 1Y: -12.95%
• 3Y*: 5.65%
• 5Y*: -7.35%
• 10Y*: 8.40%

FDCF

• 1D: 0.37%
• 1M: 4.05%
• 6M: 4.24%
• YTD: 6.06%
• 1Y: 16.04%
• 3Y*: 23.74%
• 5Y*: —
• 10Y*: —

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

SOCL vs. FDCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SOCL Global X Social Media ETF	-15.97%	31.04%	5.08%	10.72%
FDCF Fidelity Disruptive Communications ETF	6.06%	27.42%	28.37%	17.50%

Correlation

The correlation between SOCL and FDCF is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jun 12, 2023	0.77

The correlation between SOCL and FDCF has been stable across timeframes, ranging from 0.76 to 0.78 - a consistent structural relationship.

SOCL vs. FDCF - Sectors Allocation Comparison

Sectors	SOCL	FDCF
Communication Services	96.2%	38.9%
Technology	2.8%	46.2%
Consumer Defensive	0.5%	-
Industrials	0.4%	4.5%
Consumer Cyclical	0.1%	10.1%
Basic Materials	-	-
Energy	-	-
Financial Services	-	0.3%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

SOCL vs. FDCF — Risk / Return Rank

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

SOCL

SOCL Risk / Return Rank: 5
SOCL Sharpe Ratio Rank: 5
SOCL Sortino Ratio Rank: 5
SOCL Omega Ratio Rank: 5
SOCL Calmar Ratio Rank: 6
SOCL Martin Ratio Rank: 6

FDCF

FDCF Risk / Return Rank: 26
FDCF Sharpe Ratio Rank: 28
FDCF Sortino Ratio Rank: 26
FDCF Omega Ratio Rank: 26
FDCF Calmar Ratio Rank: 23
FDCF Martin Ratio Rank: 25

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.

SOCL vs. FDCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Social Media ETF (SOCL) and Fidelity Disruptive Communications ETF (FDCF). 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.

	SOCL	FDCF	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	0.83	-1.36
Sortino ratio: Return per unit of downside risk	-0.61	1.22	-1.83
Omega ratio: Gain probability vs. loss probability	0.93	1.15	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.39	0.89	-1.28
Martin ratio: Return relative to average drawdown	-0.72	2.61	-3.33

SOCL vs. FDCF - Sharpe Ratio Comparison

The current SOCL Sharpe Ratio is -0.53, which is lower than the FDCF Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of SOCL and FDCF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SOCL vs. FDCF - Drawdown Comparison

The maximum SOCL drawdown since its inception was -68.70%, which is greater than FDCF's maximum drawdown of -22.53%. Use the drawdown chart below to compare losses from any high point for SOCL and FDCF.

Drawdown Indicators

	SOCL	FDCF	Difference
Max Drawdown Largest peak-to-trough decline	-68.70%	-22.53%	-46.17%
Max Drawdown (1Y) Largest decline over 1 year	-33.52%	-18.10%	-15.42%
Max Drawdown (3Y) Largest decline over 3 years	-33.52%	-22.53%	-10.99%
Max Drawdown (5Y) Largest decline over 5 years	-65.10%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-68.70%	—	—
Current Drawdown Current decline from peak	-39.63%	-1.48%	-38.15%
Average Drawdown Average peak-to-trough decline	-22.09%	-4.16%	-17.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.09%	6.15%	+11.94%

Volatility

SOCL vs. FDCF - Volatility Comparison

Global X Social Media ETF (SOCL) has a higher volatility of 8.31% compared to Fidelity Disruptive Communications ETF (FDCF) at 6.42%. This indicates that SOCL's price experiences larger fluctuations and is considered to be riskier than FDCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOCL	FDCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.31%	6.42%	+1.89%
Volatility (6M) Calculated over the trailing 6-month period	19.64%	15.60%	+4.04%
Volatility (1Y) Calculated over the trailing 1-year period	24.46%	19.41%	+5.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.90%	20.71%	+9.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.62%	20.71%	+6.91%

SOCL vs. FDCF - Expense Ratio Comparison

SOCL has a 0.65% expense ratio, which is higher than FDCF's 0.50% expense ratio.

Dividends

SOCL vs. FDCF - Dividend Comparison

SOCL's dividend yield for the trailing twelve months is around 0.47%, more than FDCF's 0.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDCF Fidelity Disruptive Communications ETF	0.07%	0.09%	0.25%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOCL Global X Social Media ETF	0.47%	0.43%	0.25%	0.61%	0.39%	0.00%	0.00%	0.00%	0.00%	1.49%	0.18%	0.01%

Frequently Asked Questions

Can I hold both SOCL and FDCF in my portfolio?

SOCL and FDCF have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOCL or FDCF?

SOCL has higher volatility (8.31%) compared to FDCF (6.42%). In terms of maximum drawdown, SOCL dropped -68.70% vs FDCF's -22.53%.

Which ETF is better, SOCL or FDCF?

On 3-year performance, FDCF leads with 23.74% vs 5.65% for SOCL. On fees, FDCF is cheaper at 0.50% per year. On volatility, FDCF has been the lower-risk option at 6.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOCL or FDCF?

Over the 3-year period, FDCF has performed better with a 23.74% return vs 5.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOCL or FDCF?

FDCF is cheaper with a 0.50% expense ratio, compared with 0.65% for SOCL.

Which ETF pays a higher dividend yield, SOCL or FDCF?

SOCL has the higher dividend yield at 0.47%, compared with 0.07% for FDCF.

What is the main difference between SOCL and FDCF?

SOCL is categorized as Large Cap Growth Equities, while FDCF is Communications Equities. They also come from different issuers: Global X and Fidelity. Their fees differ too: 0.65% for SOCL and 0.50% for FDCF.

Which has better risk-adjusted returns?

FDCF currently has the higher Sharpe Ratio (0.83 vs -0.53), 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.