Correlation
The correlation between ZDIVX and FIDI 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.
ZDIVX vs. FIDI
Compare and contrast key facts about Zacks Dividend Fund (ZDIVX) and Fidelity International High Dividend ETF (FIDI).
ZDIVX is managed by Zacks. It was launched on Jan 31, 2014. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZDIVX or FIDI.
Performance
ZDIVX vs. FIDI - Performance Comparison
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Key characteristics
ZDIVX:
0.79
FIDI:
0.95
ZDIVX:
1.11
FIDI:
1.27
ZDIVX:
1.16
FIDI:
1.17
ZDIVX:
0.81
FIDI:
1.15
ZDIVX:
3.03
FIDI:
2.98
ZDIVX:
3.76%
FIDI:
4.68%
ZDIVX:
15.49%
FIDI:
15.89%
ZDIVX:
-35.27%
FIDI:
-46.34%
ZDIVX:
-3.20%
FIDI:
-0.34%
Returns By Period
In the year-to-date period, ZDIVX achieves a 2.92% return, which is significantly lower than FIDI's 20.67% return.
ZDIVX
2.92%
4.03%
-3.20%
10.49%
4.38%
9.14%
6.58%
FIDI
20.67%
4.39%
16.71%
13.66%
9.53%
13.15%
N/A
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ZDIVX vs. FIDI - Expense Ratio Comparison
ZDIVX has a 1.30% expense ratio, which is higher than FIDI's 0.39% expense ratio.
Risk-Adjusted Performance
ZDIVX vs. FIDI — Risk-Adjusted Performance Rank
ZDIVX
FIDI
ZDIVX vs. FIDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zacks Dividend Fund (ZDIVX) 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.
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Dividends
ZDIVX vs. FIDI - Dividend Comparison
ZDIVX's dividend yield for the trailing twelve months is around 5.53%, more than FIDI's 4.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZDIVX Zacks Dividend Fund | 5.53% | 5.89% | 6.01% | 6.32% | 3.97% | 2.81% | 2.51% | 6.66% | 3.30% | 1.60% | 2.85% | 1.10% |
FIDI Fidelity International High Dividend ETF | 4.80% | 5.72% | 4.80% | 5.09% | 4.00% | 3.36% | 4.26% | 4.37% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ZDIVX vs. FIDI - Drawdown Comparison
The maximum ZDIVX drawdown since its inception was -35.27%, smaller than the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for ZDIVX and FIDI.
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Volatility
ZDIVX vs. FIDI - Volatility Comparison
Zacks Dividend Fund (ZDIVX) has a higher volatility of 4.03% compared to Fidelity International High Dividend ETF (FIDI) at 3.30%. This indicates that ZDIVX's price experiences larger fluctuations and is considered to be riskier than FIDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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