FDIV vs FFLV
MarketDesk Focused US Dividend ETF vs Fidelity Fundamental Large Cap Value ETF
Which is better, FDIV or FFLV?
FFLV has been ahead.
FDIV has a lower expense ratio. FFLV led over 1Y and the full window. FDIV is less concentrated, with 33.0% of the fund in its ten largest positions against 33.6%.
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 | FDIV | FFLV |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.38% |
| AUM | $57M | $19M |
| Dividend Yield | 2.38% | 1.30% |
| Holdings | 226 | 251 |
| YTD Return | +4.20% | +16.22%Best |
| 1Y Return | +8.98% | +23.18%Best |
| 3Y Return (annualized) | +8.07% | - |
| Volatility (annualized) | 13.0% | 12.4%Best |
| Max Drawdown | -18.6% | -16.7%Best |
| $10,000 over 2.7 years | $11,335 | $14,660Best |
| Top 10 Weight | 33.0%Best | 33.6% |
| Fund Family | MarketDesk Indices | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 19, 2023 | Feb 9, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Feb 26, 2024 to Nov 6, 2026 (2.7 years).
FDIV vs FFLV 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 2.7 years both funds cover.
FDIV vs FFLV Performance
MarketDesk Focused US Dividend ETF (FDIV) is an ETF from MarketDesk Indices and Fidelity Fundamental Large Cap Value ETF (FFLV) is an ETF from Fidelity Investments (US). Over the past year FDIV returned +8.98% while FFLV returned +23.18%. Year to date, FDIV is up 4.20% versus a gain of 16.22% for FFLV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDIV has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 12.4% for FFLV. 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 -18.6% for FDIV and -16.7% for FFLV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDIV charges 0.35% per year while FFLV charges 0.38%. On a $10,000 position that is $35 vs $38 annually, a gap of $3 per year that compounds over a long holding period. On income, FDIV currently yields 2.38% against 1.30% for FFLV.
Holdings Overlap
31.1% of FDIV's money is in holdings FFLV also owns. 18.8% of FFLV's money is in holdings FDIV also owns.
The two portfolios partly overlap.
20 positions in common, counted across the 111 positions we hold weights for in FDIV and 125 in FFLV, against full books of 226 and 251.
What only one of them owns
Our book lists 95 positions for FFLV that do not appear in our book for FDIV (74.5% of the fund), and 85 for FDIV that do not appear in FFLV (66.5%).
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.
Top Shared Holdings
| Stock | Weight in FDIV | Weight in FFLV | Difference |
|---|---|---|---|
| XOMExxonmobil Holdings Corp Common Stock Usd | 3.38% | 4.41% | 1.03% |
| METAMeta Platforms Inc | 3.62% | 1.11% | 2.51% |
| PGProcter & Gamble Company | 3.20% | 1.35% | 1.85% |
| UNHUnitedhealth Group Incorporated | 2.96% | 1.51% | 1.45% |
| VVisa Inc Class A | 3.23% | 0.80% | 2.43% |
| KOCoca Cola Co. | 3.14% | 0.18% | 2.96% |
| AMATApplied Material | 2.64% | 0.08% | 2.56% |
| CBChubb Limited Common Stock | 1.12% | 0.96% | 0.16% |
| NEENextera Energy Inc | 1.48% | 0.42% | 1.06% |
| CICigna Corp. | 0.68% | 1.05% | 0.37% |
31.1% of FDIV is already inside FFLV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FDIV or FFLV?
FDIV has an expense ratio of 0.35% while FFLV charges 0.38%. FDIV is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, FDIV or FFLV?
Over the past year FDIV returned +8.98% vs +23.18% for FFLV, so FFLV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDIV or FFLV?
FDIV has been the more volatile fund at 13.0% annualized versus 12.4% for FFLV. Worst drawdown: FDIV -18.6% vs FFLV -16.7%.
Should I hold both FDIV and FFLV?
FDIV and FFLV have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FDIV and FFLV?
31.1% of FDIV's money is in holdings FFLV also owns. 18.8% of FFLV's is in holdings FDIV also owns. They hold 20 positions in common, counted across the 111 positions we hold weights for in FDIV and 125 in FFLV.
Which pays a higher dividend, FDIV or FFLV?
FDIV yields 2.38% while FFLV yields 1.30%, so FDIV currently pays the higher dividend yield.
Is FFLV better than FDIV?
FDIV has a lower expense ratio. FFLV led over 1Y and the full window. FDIV is less concentrated, with 33.0% of the fund in its ten largest positions against 33.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.