Correlation
The correlation between STXK and FESM is 0.75, 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.
STXK vs. FESM
Compare and contrast key facts about Strive Small-Cap ETF (STXK) and Fidelity Enhanced Small Cap ETF (FESM).
STXK and FESM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. STXK is a passively managed fund by Strive that tracks the performance of the Bloomberg US 600 Index - Benchmark TR Gross. It was launched on Nov 9, 2022. FESM is an actively managed fund by Fidelity. It was launched on Dec 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STXK or FESM.
Performance
STXK vs. FESM - Performance Comparison
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Key characteristics
STXK:
0.05
FESM:
0.23
STXK:
0.24
FESM:
0.46
STXK:
1.03
FESM:
1.06
STXK:
0.04
FESM:
0.18
STXK:
0.11
FESM:
0.51
STXK:
9.44%
FESM:
9.74%
STXK:
24.45%
FESM:
24.47%
STXK:
-27.12%
FESM:
-26.93%
STXK:
-14.31%
FESM:
-14.34%
Returns By Period
In the year-to-date period, STXK achieves a -6.58% return, which is significantly lower than FESM's -5.53% return.
STXK
-6.58%
5.46%
-13.84%
1.17%
N/A
N/A
N/A
FESM
-5.53%
6.11%
-13.93%
5.52%
N/A
N/A
N/A
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STXK vs. FESM - Expense Ratio Comparison
STXK has a 0.18% expense ratio, which is lower than FESM's 0.28% expense ratio.
Risk-Adjusted Performance
STXK vs. FESM — Risk-Adjusted Performance Rank
STXK
FESM
STXK vs. FESM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strive Small-Cap ETF (STXK) and Fidelity Enhanced Small Cap ETF (FESM). 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.
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Dividends
STXK vs. FESM - Dividend Comparison
STXK's dividend yield for the trailing twelve months is around 1.49%, more than FESM's 1.45% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
STXK Strive Small-Cap ETF | 1.49% | 1.64% | 1.14% | 0.31% |
FESM Fidelity Enhanced Small Cap ETF | 1.45% | 1.08% | 0.06% | 0.00% |
Drawdowns
STXK vs. FESM - Drawdown Comparison
The maximum STXK drawdown since its inception was -27.12%, roughly equal to the maximum FESM drawdown of -26.93%. Use the drawdown chart below to compare losses from any high point for STXK and FESM.
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Volatility
STXK vs. FESM - Volatility Comparison
Strive Small-Cap ETF (STXK) and Fidelity Enhanced Small Cap ETF (FESM) have volatilities of 6.22% and 6.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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