VALQ vs. FDVV
Compare and contrast key facts about American Century STOXX U.S. Quality Value ETF (VALQ) and Fidelity High Dividend ETF (FDVV).
VALQ and FDVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VALQ is a passively managed fund by American Century Investments that tracks the performance of the iSTOXX American Century USA Quality Value. It was launched on Jan 11, 2018. 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. Both VALQ and FDVV 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: VALQ or FDVV.
Correlation
The correlation between VALQ and FDVV 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
VALQ vs. FDVV - Performance Comparison
Key characteristics
VALQ:
0.34
FDVV:
0.65
VALQ:
0.57
FDVV:
0.99
VALQ:
1.08
FDVV:
1.15
VALQ:
0.33
FDVV:
0.64
VALQ:
1.49
FDVV:
3.19
VALQ:
3.42%
FDVV:
3.21%
VALQ:
15.16%
FDVV:
15.76%
VALQ:
-38.19%
FDVV:
-40.25%
VALQ:
-10.86%
FDVV:
-10.19%
Returns By Period
The year-to-date returns for both stocks are quite close, with VALQ having a -5.94% return and FDVV slightly lower at -5.98%.
VALQ
-5.94%
-5.74%
-8.13%
5.65%
13.25%
N/A
FDVV
-5.98%
-6.25%
-7.91%
10.43%
16.86%
N/A
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VALQ vs. FDVV - Expense Ratio Comparison
Both VALQ and FDVV have an expense ratio of 0.29%.
Risk-Adjusted Performance
VALQ vs. FDVV — Risk-Adjusted Performance Rank
VALQ
FDVV
VALQ vs. FDVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century STOXX U.S. Quality Value ETF (VALQ) 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
VALQ vs. FDVV - Dividend Comparison
VALQ's dividend yield for the trailing twelve months is around 1.74%, less than FDVV's 3.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
VALQ American Century STOXX U.S. Quality Value ETF | 1.74% | 1.58% | 1.76% | 2.71% | 1.58% | 2.08% | 2.31% | 2.37% | 0.00% | 0.00% |
FDVV Fidelity High Dividend ETF | 3.26% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.63% | 1.04% |
Drawdowns
VALQ vs. FDVV - Drawdown Comparison
The maximum VALQ drawdown since its inception was -38.19%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for VALQ and FDVV. For additional features, visit the drawdowns tool.
Volatility
VALQ vs. FDVV - Volatility Comparison
The current volatility for American Century STOXX U.S. Quality Value ETF (VALQ) is 10.54%, while Fidelity High Dividend ETF (FDVV) has a volatility of 11.68%. This indicates that VALQ 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.