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FDEV vs XNAV

Fidelity International Multifactor ETF vs FundX Aggressive ETF

FDEV

Fidelity International Multifactor ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$271M

XNAV

FundX Aggressive ETF

Fund X

Annual cost

1.27%

Fund size

$31M

Key differences

  • FDEV costs 1.09% less per year.
  • FDEV is significantly larger than XNAV — larger funds tend to be more liquid and less likely to close.
  • FDEV is classified as equity, while XNAV is alternative — different risk/return profiles.
  • FDEV follows a index tracking strategy; XNAV uses active selection.
  • Over the last 3 years, XNAV has delivered higher annualized returns.
  • XNAV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDEVXNAV
Annual cost (TER)0.18%1.27%
Fund size (AUM)$271M$31M
Since20192002
Dividend yield2.75%0.51%
Asset classequityalternative
Regionglobal
Strategyindex trackingactive selection
CAGR 1Y+17.4%+44.5%
CAGR 3Y+14.6%+25.0%
CAGR 5Y+7.8%N/A
Sharpe 3Y0.861.08
Volatility 1Y11.93%16.54%
Max drawdown-30.11%-24.27%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FDEV and XNAV