WDNA vs. FBIOX
Compare and contrast key facts about WisdomTree BioRevolution Fund (WDNA) and Fidelity Select Biotechnology Portfolio (FBIOX).
WDNA is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree BioRevolution Index. It was launched on Jun 3, 2021. FBIOX is managed by Fidelity. It was launched on Dec 16, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WDNA or FBIOX.
Key characteristics
| WDNA | FBIOX | |
|---|---|---|
| YTD Return | -3.67% | 26.45% |
| 1Y Return | 16.20% | 58.04% |
| 3Y Return (Ann) | -13.86% | 0.50% |
| Sharpe Ratio | 0.57 | 2.47 |
| Sortino Ratio | 0.96 | 3.30 |
| Omega Ratio | 1.11 | 1.40 |
| Calmar Ratio | 0.26 | 1.00 |
| Martin Ratio | 1.57 | 10.93 |
| Ulcer Index | 8.18% | 4.71% |
| Daily Std Dev | 22.67% | 20.87% |
| Max Drawdown | -51.90% | -71.96% |
| Current Drawdown | -41.10% | -23.61% |
Correlation
The correlation between WDNA and FBIOX is 0.89, 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
WDNA vs. FBIOX - Performance Comparison
In the year-to-date period, WDNA achieves a -3.67% return, which is significantly lower than FBIOX's 26.45% 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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WDNA vs. FBIOX - Expense Ratio Comparison
WDNA has a 0.45% expense ratio, which is lower than FBIOX's 0.69% expense ratio.
Risk-Adjusted Performance
WDNA vs. FBIOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree BioRevolution Fund (WDNA) and Fidelity Select Biotechnology Portfolio (FBIOX). 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
WDNA vs. FBIOX - Dividend Comparison
WDNA's dividend yield for the trailing twelve months is around 0.83%, more than FBIOX's 0.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WDNA WisdomTree BioRevolution Fund | 0.83% | 0.80% | 0.37% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FBIOX Fidelity Select Biotechnology Portfolio | 0.64% | 0.45% | 0.00% | 0.17% | 0.26% | 0.15% | 0.00% | 0.00% | 0.00% | 6.71% | 10.77% | 0.25% |
Drawdowns
WDNA vs. FBIOX - Drawdown Comparison
The maximum WDNA drawdown since its inception was -51.90%, smaller than the maximum FBIOX drawdown of -71.96%. Use the drawdown chart below to compare losses from any high point for WDNA and FBIOX. For additional features, visit the drawdowns tool.
Volatility
WDNA vs. FBIOX - Volatility Comparison
WisdomTree BioRevolution Fund (WDNA) and Fidelity Select Biotechnology Portfolio (FBIOX) have volatilities of 4.31% and 4.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.