TTAI vs. FDVV
Compare and contrast key facts about TrimTabs International Free Cash Flow Quality ETF of Benef Interest (TTAI) and Fidelity High Dividend ETF (FDVV).
TTAI and FDVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TTAI is an actively managed fund by TrimTabs. It was launched on Jun 28, 2017. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TTAI or FDVV.
Key characteristics
| TTAI | FDVV | |
|---|---|---|
| YTD Return | 3.50% | 11.60% |
| 1Y Return | 16.91% | 27.32% |
| 3Y Return (Ann) | -1.33% | 10.90% |
| 5Y Return (Ann) | 7.85% | 14.59% |
| Sharpe Ratio | 1.54 | 2.66 |
| Daily Std Dev | 11.73% | 10.69% |
| Max Drawdown | -34.17% | -40.25% |
| Current Drawdown | -8.14% | 0.00% |
Correlation
The correlation between TTAI and FDVV is 0.67, 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
TTAI vs. FDVV - Performance Comparison
In the year-to-date period, TTAI achieves a 3.50% return, which is significantly lower than FDVV's 11.60% 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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TTAI vs. FDVV - Expense Ratio Comparison
TTAI has a 0.61% expense ratio, which is higher than FDVV's 0.29% expense ratio.
Risk-Adjusted Performance
TTAI vs. FDVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TrimTabs International Free Cash Flow Quality ETF of Benef Interest (TTAI) 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
TTAI vs. FDVV - Dividend Comparison
TTAI's dividend yield for the trailing twelve months is around 2.37%, less than FDVV's 3.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
TTAI TrimTabs International Free Cash Flow Quality ETF of Benef Interest | 2.37% | 2.39% | 9.36% | 2.01% | 0.64% | 1.90% | 0.92% | 0.26% | 0.00% |
FDVV Fidelity High Dividend ETF | 3.12% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.63% | 1.04% |
Drawdowns
TTAI vs. FDVV - Drawdown Comparison
The maximum TTAI drawdown since its inception was -34.17%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for TTAI and FDVV. For additional features, visit the drawdowns tool.
Volatility
TTAI vs. FDVV - Volatility Comparison
The current volatility for TrimTabs International Free Cash Flow Quality ETF of Benef Interest (TTAI) is 2.36%, while Fidelity High Dividend ETF (FDVV) has a volatility of 2.57%. This indicates that TTAI 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.