AFOS vs FDEV

Comparison between ARS FOCUSED OPPORTUNITIES STRATEGY ETF (AFOS, ETF) and FIDELITY INTERNATIONAL MULTIFACTOR ETF (FDEV, ETF).

AFOS vs FDEV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AFOS(ETF)	FDEV(ETF)
Net Assets	$272M	$271M
Expense Ratio	0.45%	0.18%
Max Drawdown	11.52%	31.73%
Sharpe Ratio	2.71	0.86
5Y Beta	1.42	0.52
P/E Ratio	35.13	N/A
Forward P/E	20.08	N/A
PEG Ratio	0.23	N/A
5Y Dividends CAGR	N/A	12.95%
5Y EPS CAGR	34.88%	N/A
Debt to Equity	77.95%	N/A
P/S Ratio	4.13	N/A
P/B Ratio	7.12	N/A

Net Assets

Winner

AFOS

$272M

FDEV

$271M

Expense Ratio

AFOS

0.45%

Winner

FDEV

0.18%

Max Drawdown

Winner

AFOS

11.52%

FDEV

31.73%

Sharpe Ratio

Winner

AFOS

2.71

FDEV

0.86

5Y Beta

AFOS

1.42

Winner

FDEV

0.52

P/E Ratio

AFOS

35.13

FDEV

N/A

Forward P/E

AFOS

20.08

FDEV

N/A

PEG Ratio

AFOS

0.23

FDEV

N/A

5Y Dividends CAGR

AFOS

N/A

FDEV

12.95%

5Y EPS CAGR

AFOS

34.88%

FDEV

N/A

Debt to Equity

AFOS

77.95%

FDEV

N/A

P/S Ratio

AFOS

4.13

FDEV

N/A

P/B Ratio

AFOS

7.12

FDEV

N/A

AFOS vs FDEV - Holdings Comparison

AFOS and FDEV have 1 common holdings. Overlap is 0.00%

AFOS's top 25 holdings weight is 90.45%. FDEV's top 25 holdings weight is 29.50%.

Rank	AFOS	FDEV
#1	MICRON TECHNOLOGY INC (MU) - 8.00%	SHELL PLC (n/a) - 1.77%
#2	WESTERN DIGITAL CORP (WDC) - 5.94%	ASTRAZENECA PLC (AZN:XLON) - 1.55%
#3	LAM RESEARCH CORP (LRCX) - 5.69%	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.49%
#4	ALPHABET INC CLASS A (GOOGL) - 5.14%	NOVARTIS AG REGISTERED SHARES (n/a) - 1.42%
#5	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 4.78%	ENGIE SA (n/a) - 1.37%
#6	NVIDIA CORP (NVDA) - 4.41%	CANADIAN NATURAL RESOURCES LTD (n/a) - 1.37%
#7	NEWMONT CORP (NEM) - 4.17%	ENDESA SA (n/a) - 1.33%
#8	MARATHON PETROLEUM CORP (MPC) - 4.00%	SUNCOR ENERGY INC (n/a) - 1.30%
#9	GE VERNOVA INC (GEV) - 3.97%	EQUINOR ASA (n/a) - 1.23%
#10	FREEPORT-MCMORAN INC (FCX) - 3.64%	CENTRICA PLC (n/a) - 1.19%
#11	QUANTA SERVICES INC (PWR) - 3.62%	QUEBECOR INC SHS -B- SUBORD.VOTING (n/a) - 1.19%
#12	ASCENDIS PHARMA AS (ASND) - 3.24%	ITALGAS SPA (n/a) - 1.12%
#13	MORGAN STANLEY (MS) - 3.10%	n/a (n/a) - 1.10%
#14	VERTIV HOLDINGS CO CLASS A (VRT) - 3.05%	DRAX GROUP PLC (n/a) - 1.06%
#15	BOEING CO (BA) - 3.04%	ROYAL BANK OF CANADA (RY) - 1.05%
#16	MICROSOFT CORP (MSFT) - 3.03%	KONINKLIJKE KPN NV (n/a) - 1.04%
#17	EOG RESOURCES INC (EOG) - 2.69%	TOKYO GAS CO LTD (n/a) - 1.04%
#18	AEROVIRONMENT INC (AVAV) - 2.60%	KDDI CORP (n/a) - 1.04%
#19	AMAZON.COM INC (AMZN) - 2.53%	IMPERIAL OIL LTD (IMO) - 1.01%
#20	VISTRA CORP (VST) - 2.41%	VODAFONE GROUP PLC (n/a) - 1.01%
#21	REGENERON PHARMACEUTICALS INC (REGN) - 2.34%	INPEX CORP (n/a) - 0.99%
#22	EATON CORP PLC (ETN) - 2.31%	NTT INC (n/a) - 0.98%
#23	CRH PLC (CRH) - 2.30%	NOVO NORDISK AS CLASS B (n/a) - 0.96%
#24	ELI LILLY AND CO (LLY) - 2.26%	ARC RESOURCES LTD (n/a) - 0.96%
#25	APPLE INC (AAPL) - 2.19%	UNILEVER PLC (n/a) - 0.93%
Total Holdings	33	217

AFOS vs FDEV - Historical Returns

Returns include dividend reinvestment.

Period	AFOS	FDEV
1 month	+2.22%	-3.37%
3 months	+15.73%	-1.00%
6 months	+29.35%	+6.16%
1 year	+71.58%	+14.14%
5 years(CAGR)	N/A	+6.88%
Max(CAGR)	+77.39%	+7.90%

Winner

AFOS

+2.22%

FDEV

-3.37%

Winner

AFOS

+15.73%

FDEV

-1.00%

Winner

AFOS

+29.35%

FDEV

+6.16%

Winner

AFOS

+71.58%

FDEV

+14.14%

5Y(CAGR)

AFOS

N/A

FDEV

+6.88%

Max(CAGR)

Winner

AFOS

+77.39%

FDEV

+7.90%

AFOS vs FDEV - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	AFOS	FDEV
2026	+22.86%	+2.50%
2025	+36.15%	+30.59%
2024	N/A	+6.77%
2023	N/A	+13.09%
2022	N/A	-16.50%
2021	N/A	+10.36%
2020	N/A	+4.72%
2019	N/A	+10.06%

AFOS vs FDEV Drawdown Comparison

The maximum drawdown for AFOS was -11.52%, occurring on Mar 30, 2026. Recovery took 32 trading sessions.

The maximum drawdown for FDEV was -30.10%, occurring on Mar 23, 2020. Recovery took 218 trading sessions.

The current AFOS drawdown is -4.83%. The current FDEV drawdown is -5.40%.

Rank	AFOS	FDEV
#1	-11.52% Feb 25, 2026 - Apr 13, 2026	-30.10% Jan 17, 2020 - Nov 27, 2020
#2	-6.05% Nov 10, 2025 - Nov 28, 2025	-29.01% Sep 3, 2021 - Jul 12, 2024
#3	-5.74% Jan 28, 2026 - Feb 25, 2026	-9.82% Mar 19, 2025 - Apr 22, 2025
#4	-5.32% May 11, 2026 - May 26, 2026	-8.82% Sep 26, 2024 - Mar 5, 2025
#5	-4.83% Jun 2, 2026 - Jun 5, 2026	-8.44% Feb 27, 2026 - Mar 20, 2026
#6	-4.71% Dec 11, 2025 - Dec 22, 2025	-5.85% Jul 3, 2019 - Oct 28, 2019
#7	-3.60% Oct 8, 2025 - Oct 23, 2025	-5.44% Feb 16, 2021 - Apr 5, 2021
#8	-2.77% Sep 22, 2025 - Sep 30, 2025	-4.81% Jul 12, 2024 - Aug 16, 2024
#9	-2.31% Nov 3, 2025 - Nov 10, 2025	-3.89% Nov 12, 2025 - Nov 28, 2025
#10	-2.23% Apr 24, 2026 - Apr 30, 2026	-3.82% Jan 8, 2021 - Feb 12, 2021
#11	-2.23% Jan 6, 2026 - Jan 12, 2026	-3.59% Jul 23, 2025 - Aug 13, 2025
#12	-1.95% Aug 12, 2025 - Aug 26, 2025	-3.01% Jun 15, 2021 - Jul 28, 2021
#13	-1.78% May 6, 2026 - May 11, 2026	-2.90% May 7, 2021 - May 24, 2021
#14	-1.61% Dec 26, 2025 - Jan 2, 2026	-2.61% Sep 12, 2025 - Oct 27, 2025
#15	-1.58% Jul 25, 2025 - Aug 8, 2025	-2.48% Oct 27, 2025 - Nov 11, 2025