XRLV vs. FDIS
Compare and contrast key facts about Invesco S&P 500® ex-Rate Sensitive Low Volatility ETF (XRLV) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS).
XRLV and FDIS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XRLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Rate Response (USD) TR. It was launched on Apr 9, 2015. FDIS is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Consumer Discretionary Index. It was launched on Oct 21, 2013. Both XRLV and FDIS 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: XRLV or FDIS.
Performance
XRLV vs. FDIS - Performance Comparison
Returns By Period
In the year-to-date period, XRLV achieves a 18.42% return, which is significantly lower than FDIS's 20.15% return.
XRLV
18.42%
-0.07%
11.81%
22.67%
8.81%
N/A
FDIS
20.15%
7.21%
18.31%
29.65%
16.52%
13.99%
Key characteristics
| XRLV | FDIS | |
|---|---|---|
| Sharpe Ratio | 2.54 | 1.74 |
| Sortino Ratio | 3.56 | 2.38 |
| Omega Ratio | 1.46 | 1.30 |
| Calmar Ratio | 2.83 | 1.57 |
| Martin Ratio | 16.16 | 8.72 |
| Ulcer Index | 1.41% | 3.49% |
| Daily Std Dev | 8.95% | 17.45% |
| Max Drawdown | -38.31% | -39.16% |
| Current Drawdown | -0.78% | -2.01% |
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XRLV vs. FDIS - Expense Ratio Comparison
XRLV has a 0.25% expense ratio, which is higher than FDIS's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between XRLV and FDIS is 0.66, 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.
Risk-Adjusted Performance
XRLV vs. FDIS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® ex-Rate Sensitive Low Volatility ETF (XRLV) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS). 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
XRLV vs. FDIS - Dividend Comparison
XRLV's dividend yield for the trailing twelve months is around 1.91%, more than FDIS's 0.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XRLV Invesco S&P 500® ex-Rate Sensitive Low Volatility ETF | 1.91% | 2.56% | 1.96% | 1.26% | 1.66% | 1.66% | 1.76% | 1.40% | 1.71% | 1.07% | 0.00% | 0.00% |
FDIS Fidelity MSCI Consumer Discretionary Index ETF | 0.69% | 0.78% | 1.00% | 0.58% | 0.59% | 1.14% | 1.29% | 1.00% | 1.62% | 1.25% | 1.01% | 0.28% |
Drawdowns
XRLV vs. FDIS - Drawdown Comparison
The maximum XRLV drawdown since its inception was -38.31%, roughly equal to the maximum FDIS drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for XRLV and FDIS. For additional features, visit the drawdowns tool.
Volatility
XRLV vs. FDIS - Volatility Comparison
The current volatility for Invesco S&P 500® ex-Rate Sensitive Low Volatility ETF (XRLV) is 2.90%, while Fidelity MSCI Consumer Discretionary Index ETF (FDIS) has a volatility of 6.31%. This indicates that XRLV experiences smaller price fluctuations and is considered to be less risky than FDIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.