FDIF vs FDLS
Fidelity Disruptors ETF vs Inspire Fidelis Multi Factor ETF
Which is better, FDIF or FDLS?
Each has led over a different period.
FDIF has a lower expense ratio. FDIF led over 3Y, FDLS over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FDIF | FDLS |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.66% |
| AUM | $110M | $259M |
| Dividend Yield | 0.25% | 0.86% |
| Holdings | 10 | 203 |
| YTD Return | +15.18% | +16.72%Best |
| 1Y Return | +16.34% | +21.21%Best |
| 3Y Return (annualized) | +22.01%Best | +20.14% |
| Volatility (annualized) | 16.8% | 16.6%Best |
| Max Drawdown | -22.6%Best | -23.3% |
| $10,000 over 3.3 years | $16,703 | $17,089Best |
| Top 10 Weight | - | 11.4% |
| Fund Family | Fidelity Investments (US) | Inspire ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 13, 2023 | Aug 23, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 20, 2023 to Oct 15, 2026 (3.3 years).
FDIF vs FDLS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.3 years both funds cover.
FDIF vs FDLS Performance
Fidelity Disruptors ETF (FDIF) is an ETF from Fidelity Investments (US) and Inspire Fidelis Multi Factor ETF (FDLS) is an ETF from Inspire ETFs. Over the past year FDIF returned +16.34% while FDLS returned +21.21%. Year to date, FDIF is up 15.18% versus a gain of 16.72% for FDLS.
Over three years, FDIF compounded at +22.01% per year against +20.14% for FDLS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDIF has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 16.6% for FDLS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.6% for FDIF and -23.3% for FDLS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDIF charges 0.50% per year while FDLS charges 0.66%. On a $10,000 position that is $50 vs $66 annually, a gap of $16 per year that compounds over a long holding period. On income, FDIF currently yields 0.25% against 0.86% for FDLS.
Holdings Overlap
We hold position weights for 6 holdings in FDIF and 101 in FDLS, totalling 100.0% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 6 positions we hold weights for in FDIF and 101 in FDLS, against full books of 10 and 203.
What only one of them owns
Our book lists 89 positions for FDLS that do not appear in our book for FDIF (87.9% of the fund), and 6 for FDIF that do not appear in FDLS (100.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of FDIF and FDLS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FDIF or FDLS?
FDIF has an expense ratio of 0.50% while FDLS charges 0.66%. FDIF is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, FDIF or FDLS?
Over the past year FDIF returned +16.34% vs +21.21% for FDLS, so FDLS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDIF or FDLS?
FDIF has been the more volatile fund at 16.8% annualized versus 16.6% for FDLS. Worst drawdown: FDIF -22.6% vs FDLS -23.3%.
Should I hold both FDIF and FDLS?
FDIF and FDLS have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FDIF or FDLS?
FDIF yields 0.25% while FDLS yields 0.86%, so FDLS currently pays the higher dividend yield.
Is FDLS better than FDIF?
FDIF has a lower expense ratio. FDIF led over 3Y, FDLS over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.