VIDI vs. FIDI
Compare and contrast key facts about Vident International Equity Fund (VIDI) and Fidelity International High Dividend ETF (FIDI).
VIDI and FIDI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VIDI is a passively managed fund by Vident that tracks the performance of the Vident International Equity Index. It was launched on Oct 29, 2013. FIDI is a passively managed fund by Fidelity that tracks the performance of the Fidelity® International High Dividend Index. It was launched on Jan 16, 2018. Both VIDI and FIDI 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: VIDI or FIDI.
Correlation
The correlation between VIDI and FIDI is 0.83, 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
VIDI vs. FIDI - Performance Comparison
Key characteristics
VIDI:
1.07
FIDI:
0.81
VIDI:
1.50
FIDI:
1.15
VIDI:
1.19
FIDI:
1.14
VIDI:
1.64
FIDI:
0.93
VIDI:
4.56
FIDI:
2.22
VIDI:
3.12%
FIDI:
4.52%
VIDI:
13.28%
FIDI:
12.41%
VIDI:
-48.39%
FIDI:
-46.34%
VIDI:
-0.15%
FIDI:
-2.43%
Returns By Period
In the year-to-date period, VIDI achieves a 5.91% return, which is significantly lower than FIDI's 8.01% return.
VIDI
5.91%
3.38%
7.33%
13.67%
6.37%
4.49%
FIDI
8.01%
4.18%
2.17%
9.51%
4.82%
N/A
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VIDI vs. FIDI - Expense Ratio Comparison
VIDI has a 0.59% expense ratio, which is higher than FIDI's 0.39% expense ratio.
Risk-Adjusted Performance
VIDI vs. FIDI — Risk-Adjusted Performance Rank
VIDI
FIDI
VIDI vs. FIDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vident International Equity Fund (VIDI) and Fidelity International High Dividend ETF (FIDI). 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
VIDI vs. FIDI - Dividend Comparison
VIDI's dividend yield for the trailing twelve months is around 4.65%, less than FIDI's 5.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIDI Vident International Equity Fund | 4.65% | 4.93% | 4.14% | 5.84% | 4.62% | 2.51% | 3.35% | 2.80% | 2.21% | 1.92% | 2.25% | 2.41% |
FIDI Fidelity International High Dividend ETF | 5.29% | 5.72% | 4.80% | 5.09% | 4.00% | 3.36% | 4.26% | 4.37% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VIDI vs. FIDI - Drawdown Comparison
The maximum VIDI drawdown since its inception was -48.39%, roughly equal to the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for VIDI and FIDI. For additional features, visit the drawdowns tool.
Volatility
VIDI vs. FIDI - Volatility Comparison
The current volatility for Vident International Equity Fund (VIDI) is 2.60%, while Fidelity International High Dividend ETF (FIDI) has a volatility of 3.18%. This indicates that VIDI experiences smaller price fluctuations and is considered to be less risky than FIDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.