STXD vs. FDVV

Last updated Jun 24, 2026

STXD (Strive 1000 Dividend Growth ETF) and FDVV (Fidelity High Dividend ETF) are both Large Cap Blend Equities funds - STXD tracks the Bloomberg US 1000 Dividend Growth Index while FDVV tracks the Fidelity Core Dividend Index. Both are passively managed. Over the past 3 years, STXD returned 14.62%/yr vs 19.90%/yr for FDVV. Their correlation of 0.85 suggests significant overlap in exposure. STXD charges 0.35%/yr vs 0.29%/yr for FDVV.

Performance

STXD vs. FDVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive 1000 Dividend Growth ETF (STXD) and Fidelity High Dividend ETF (FDVV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STXD achieves a 5.46% return, which is significantly lower than FDVV's 8.39% return.

STXD

• 1D: -1.43%
• 1M: 1.82%
• YTD: 5.46%
• 6M: 4.74%
• 1Y: 16.12%
• 3Y*: 14.62%
• 5Y*: —
• 10Y*: —

FDVV

• 1D: 0.08%
• 1M: 0.43%
• YTD: 8.39%
• 6M: 8.10%
• 1Y: 22.16%
• 3Y*: 19.90%
• 5Y*: 13.69%
• 10Y*: —

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

STXD vs. FDVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STXD Strive 1000 Dividend Growth ETF	5.46%	14.79%	14.51%	13.94%	1.51%
FDVV Fidelity High Dividend ETF	8.39%	17.08%	21.81%	18.00%	3.80%

Correlation

The correlation between STXD and FDVV is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Nov 10, 2022	0.85

The correlation between STXD and FDVV has been stable across timeframes, ranging from 0.79 to 0.85 - a consistent structural relationship.

STXD vs. FDVV - Sectors Allocation Comparison

Sectors	STXD	FDVV
Technology	25.3%	30.5%
Financial Services	24.6%	17.0%
Industrials	16.0%	3.0%
Healthcare	12.7%	3.0%
Consumer Cyclical	8.5%	13.6%
Consumer Defensive	3.6%	10.7%
Real Estate	3.2%	9.9%
Basic Materials	3.0%	-
Utilities	2.2%	8.6%
Energy	0.2%	-
Communication Services	0.1%	3.6%

Return for Risk

STXD vs. FDVV — Risk / Return Rank

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

STXD

STXD Risk / Return Rank: 41
STXD Sharpe Ratio Rank: 41
STXD Sortino Ratio Rank: 42
STXD Omega Ratio Rank: 38
STXD Calmar Ratio Rank: 38
STXD Martin Ratio Rank: 46

FDVV

FDVV Risk / Return Rank: 64
FDVV Sharpe Ratio Rank: 71
FDVV Sortino Ratio Rank: 71
FDVV Omega Ratio Rank: 71
FDVV Calmar Ratio Rank: 50
FDVV Martin Ratio Rank: 58

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.

STXD vs. FDVV - Risk-Adjusted Trends 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.

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.

	STXD	FDVV	Difference
Sharpe ratio: Return per unit of total volatility	1.37	2.19	-0.82
Sortino ratio: Return per unit of downside risk	2.02	3.06	-1.05
Omega ratio: Gain probability vs. loss probability	1.24	1.40	-0.16
Calmar ratio: Return relative to maximum drawdown	1.76	2.39	-0.63
Martin ratio: Return relative to average drawdown	7.26	9.89	-2.64

STXD vs. FDVV - Sharpe Ratio Comparison

The current STXD Sharpe Ratio is 1.37, which is lower than the FDVV Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of STXD and FDVV, 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

STXD vs. FDVV - Drawdown Comparison

The maximum STXD drawdown since its inception was -14.87%, 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.

Drawdown Indicators

	STXD	FDVV	Difference
Max Drawdown Largest peak-to-trough decline	-14.87%	-40.25%	+25.38%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-9.30%	+0.09%
Max Drawdown (3Y) Largest decline over 3 years	-14.87%	-15.90%	+1.03%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.18%	—
Current Drawdown Current decline from peak	-1.72%	-1.31%	-0.41%
Average Drawdown Average peak-to-trough decline	-1.98%	-3.79%	+1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	2.24%	-0.01%

Volatility

STXD vs. FDVV - Volatility Comparison

Strive 1000 Dividend Growth ETF (STXD) has a higher volatility of 4.05% compared to Fidelity High Dividend ETF (FDVV) at 3.09%. This indicates that STXD's price experiences larger fluctuations and is considered to be riskier than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STXD	FDVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	3.09%	+0.96%
Volatility (6M) Calculated over the trailing 6-month period	9.30%	8.26%	+1.04%
Volatility (1Y) Calculated over the trailing 1-year period	11.86%	10.15%	+1.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.18%	14.73%	-1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.18%	16.97%	-3.79%

STXD vs. FDVV - Expense Ratio Comparison

STXD has a 0.35% expense ratio, which is higher than FDVV's 0.29% expense ratio.

Dividends

STXD vs. FDVV - Dividend Comparison

STXD's dividend yield for the trailing twelve months is around 1.20%, less than FDVV's 2.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FDVV Fidelity High Dividend ETF	2.86%	2.89%	2.94%	3.77%	3.44%	2.70%	3.19%	3.93%	4.05%	3.66%	1.04%
STXD Strive 1000 Dividend Growth ETF	1.20%	1.15%	1.23%	1.27%	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STXD and FDVV in my portfolio?

STXD and FDVV have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STXD or FDVV?

STXD has higher volatility (4.05%) compared to FDVV (3.09%). In terms of maximum drawdown, STXD dropped -14.87% vs FDVV's -40.25%.

Which ETF is better, STXD or FDVV?

On 3-year performance, FDVV leads with 19.90% vs 14.62% for STXD. On fees, FDVV is cheaper at 0.29% per year. On volatility, FDVV has been the lower-risk option at 3.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STXD or FDVV?

Over the 3-year period, FDVV has performed better with a 19.90% return vs 14.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STXD or FDVV?

FDVV is cheaper with a 0.29% expense ratio, compared with 0.35% for STXD.

Which ETF pays a higher dividend yield, STXD or FDVV?

FDVV has the higher dividend yield at 2.86%, compared with 1.20% for STXD.

What is the main difference between STXD and FDVV?

STXD tracks Bloomberg US 1000 Dividend Growth Index, while FDVV tracks Fidelity Core Dividend Index. They also come from different issuers: Strive and Fidelity. Their fees differ too: 0.35% for STXD and 0.29% for FDVV.

Which has better risk-adjusted returns?

FDVV currently has the higher Sharpe Ratio (2.19 vs 1.37), 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.