THBVX vs. FTEC
Compare and contrast key facts about Victory THB US Small Opportunities Fund (THBVX) and Fidelity MSCI Information Technology Index ETF (FTEC).
THBVX is managed by Thomson Horstmann & Bryant. It was launched on Mar 30, 2012. 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: THBVX or FTEC.
Correlation
The correlation between THBVX and FTEC is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
THBVX vs. FTEC - Performance Comparison
Key characteristics
THBVX:
-0.85
FTEC:
1.16
THBVX:
-0.80
FTEC:
1.60
THBVX:
0.78
FTEC:
1.21
THBVX:
-0.59
FTEC:
1.70
THBVX:
-2.00
FTEC:
5.88
THBVX:
20.79%
FTEC:
4.40%
THBVX:
49.26%
FTEC:
22.48%
THBVX:
-70.35%
FTEC:
-34.95%
THBVX:
-69.30%
FTEC:
-0.54%
Returns By Period
In the year-to-date period, THBVX achieves a 1.25% return, which is significantly lower than FTEC's 3.59% return. Over the past 10 years, THBVX has underperformed FTEC with an annualized return of -4.94%, while FTEC has yielded a comparatively higher 20.44% annualized return.
THBVX
1.25%
-1.69%
-44.09%
-42.67%
-12.38%
-4.94%
FTEC
3.59%
2.54%
11.66%
27.42%
20.11%
20.44%
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THBVX vs. FTEC - Expense Ratio Comparison
THBVX has a 1.70% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
THBVX vs. FTEC — Risk-Adjusted Performance Rank
THBVX
FTEC
THBVX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Victory THB US Small Opportunities Fund (THBVX) 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
THBVX vs. FTEC - Dividend Comparison
THBVX has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.47%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THBVX Victory THB US Small Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
THBVX vs. FTEC - Drawdown Comparison
The maximum THBVX drawdown since its inception was -70.35%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for THBVX and FTEC. For additional features, visit the drawdowns tool.
Volatility
THBVX vs. FTEC - Volatility Comparison
The current volatility for Victory THB US Small Opportunities Fund (THBVX) is 3.95%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.82%. This indicates that THBVX experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.