STXD vs. FDVV
Compare and contrast key facts about Strive 1000 Dividend Growth ETF (STXD) and Fidelity High Dividend ETF (FDVV).
STXD and FDVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. STXD is a passively managed fund by Strive that tracks the performance of the Bloomberg US 1000 Dividend Growth Index - Benchmark TR Gross. It was launched on Nov 9, 2022. FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016. Both STXD and FDVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STXD or FDVV.
Key characteristics
| STXD | FDVV | |
|---|---|---|
| YTD Return | 16.33% | 19.89% |
| 1Y Return | 24.19% | 27.90% |
| Sharpe Ratio | 1.72 | 2.51 |
| Daily Std Dev | 13.84% | 11.10% |
| Max Drawdown | -9.56% | -40.25% |
| Current Drawdown | -0.67% | -0.38% |
Correlation
The correlation between STXD and FDVV is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
STXD vs. FDVV - Performance Comparison
In the year-to-date period, STXD achieves a 16.33% return, which is significantly lower than FDVV's 19.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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STXD vs. FDVV - Expense Ratio Comparison
STXD has a 0.35% expense ratio, which is higher than FDVV's 0.29% expense ratio.
Risk-Adjusted Performance
STXD vs. FDVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strive 1000 Dividend Growth ETF (STXD) and Fidelity High Dividend ETF (FDVV). 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
STXD vs. FDVV - Dividend Comparison
STXD's dividend yield for the trailing twelve months is around 1.26%, less than FDVV's 2.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
STXD Strive 1000 Dividend Growth ETF | 1.26% | 1.27% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDVV Fidelity High Dividend ETF | 2.23% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.63% | 1.04% |
Drawdowns
STXD vs. FDVV - Drawdown Comparison
The maximum STXD drawdown since its inception was -9.56%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for STXD and FDVV. For additional features, visit the drawdowns tool.
Volatility
STXD vs. FDVV - Volatility Comparison
The current volatility for Strive 1000 Dividend Growth ETF (STXD) is 3.17%, while Fidelity High Dividend ETF (FDVV) has a volatility of 3.38%. This indicates that STXD experiences smaller price fluctuations and is considered to be less risky than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.