UIVM vs. FIVA
Compare and contrast key facts about VictoryShares USAA MSCI International Value Momentum ETF (UIVM) and Fidelity International Value Factor ETF (FIVA).
UIVM and FIVA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UIVM is a passively managed fund by Crestview that tracks the performance of the MSCI World exUSA Select Value Momentum Blend Index. It was launched on Oct 24, 2017. FIVA is a passively managed fund by Fidelity that tracks the performance of the Fidelity® International Value Factor Index. It was launched on Jan 16, 2018. Both UIVM and FIVA 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: UIVM or FIVA.
Key characteristics
| UIVM | FIVA | |
|---|---|---|
| YTD Return | 9.24% | 9.22% |
| 1Y Return | 19.58% | 19.31% |
| 3Y Return (Ann) | 3.82% | 6.13% |
| 5Y Return (Ann) | 5.88% | 8.12% |
| Sharpe Ratio | 1.61 | 1.55 |
| Daily Std Dev | 11.82% | 12.12% |
| Max Drawdown | -42.73% | -39.76% |
| Current Drawdown | -0.20% | 0.00% |
Correlation
The correlation between UIVM and FIVA is 0.90, 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
UIVM vs. FIVA - Performance Comparison
The year-to-date returns for both stocks are quite close, with UIVM having a 9.24% return and FIVA slightly lower at 9.22%. 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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UIVM vs. FIVA - Expense Ratio Comparison
UIVM has a 0.35% expense ratio, which is lower than FIVA's 0.39% expense ratio.
Risk-Adjusted Performance
UIVM vs. FIVA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares USAA MSCI International Value Momentum ETF (UIVM) and Fidelity International Value Factor ETF (FIVA). 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
UIVM vs. FIVA - Dividend Comparison
UIVM's dividend yield for the trailing twelve months is around 3.92%, more than FIVA's 3.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
UIVM VictoryShares USAA MSCI International Value Momentum ETF | 3.92% | 4.35% | 3.03% | 3.48% | 1.63% | 3.49% | 2.78% | 0.15% |
FIVA Fidelity International Value Factor ETF | 3.42% | 3.63% | 3.62% | 3.76% | 2.46% | 3.61% | 3.28% | 0.00% |
Drawdowns
UIVM vs. FIVA - Drawdown Comparison
The maximum UIVM drawdown since its inception was -42.73%, which is greater than FIVA's maximum drawdown of -39.76%. Use the drawdown chart below to compare losses from any high point for UIVM and FIVA. For additional features, visit the drawdowns tool.
Volatility
UIVM vs. FIVA - Volatility Comparison
VictoryShares USAA MSCI International Value Momentum ETF (UIVM) has a higher volatility of 3.23% compared to Fidelity International Value Factor ETF (FIVA) at 2.88%. This indicates that UIVM's price experiences larger fluctuations and is considered to be riskier than FIVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.