FDLO vs ASA

Comparison between FIDELITY LOW VOLATILITY FACTOR ETF (FDLO, ETF) and ASA Gold and Precious Metals Ltd (ASA, ETF).

5-Year PerformanceASA has outperformed FDLO, delivering a return of +25.0% compared to +9.7%

FDLO vs ASA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FDLO(ETF)	ASA(ETF)
Net Assets	$1.30B	$1.40B
Expense Ratio	0.15%	N/A
Max Drawdown	34.72%	81.29%
Sharpe Ratio	1.42	1.92
5Y Beta	0.64	0.65
P/E Ratio	22.74	N/A
Forward P/E	19.68	N/A
PEG Ratio	0.47	N/A
5Y Dividends CAGR	10.19%	37.97%
5Y EPS CAGR	16.50%	N/A
Debt to Equity	21.77%	N/A
P/S Ratio	2.96	N/A
P/B Ratio	4.32	N/A

Net Assets

FDLO

$1.30B

Winner

ASA

$1.40B

Expense Ratio

FDLO

0.15%

ASA

N/A

Max Drawdown

Winner

FDLO

34.72%

ASA

81.29%

Sharpe Ratio

FDLO

1.42

Winner

ASA

1.92

5Y Beta

Winner

FDLO

0.64

ASA

0.65

P/E Ratio

FDLO

22.74

ASA

N/A

Forward P/E

FDLO

19.68

ASA

N/A

PEG Ratio

FDLO

0.47

ASA

N/A

5Y Dividends CAGR

FDLO

10.19%

Winner

ASA

37.97%

5Y EPS CAGR

FDLO

16.50%

ASA

N/A

Debt to Equity

FDLO

21.77%

ASA

N/A

P/S Ratio

FDLO

2.96

ASA

N/A

P/B Ratio

FDLO

4.32

ASA

N/A

FDLO vs ASA - Historical Returns

Returns include dividend reinvestment.

Period	FDLO	ASA
1 month	+3.61%	+6.31%
3 months	+1.30%	-1.90%
6 months	+6.08%	+50.77%
1 year	+17.25%	+130.76%
5 years(CAGR)	+9.66%	+25.02%
10 years(CAGR)	+12.78%	+19.10%
Max(CAGR)	+12.78%	+10.70%

FDLO

+3.61%

Winner

ASA

+6.31%

Winner

FDLO

+1.30%

ASA

-1.90%

FDLO

+6.08%

Winner

ASA

+50.77%

FDLO

+17.25%

Winner

ASA

+130.76%

5Y(CAGR)

FDLO

+9.66%

Winner

ASA

+25.02%

10Y(CAGR)

FDLO

+12.78%

Winner

ASA

+19.10%

Max(CAGR)

Winner

FDLO

+12.78%

ASA

+10.70%

FDLO vs ASA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FDLO	ASA
2026	+3.88%	+18.74%
2025	+12.31%	+185.28%
2024	+16.30%	+33.84%
2023	+16.85%	+2.44%
2022	-9.91%	-31.22%
2021	+25.84%	-8.86%
2020	+11.71%	+59.82%
2019	+30.94%	+44.51%
2018	-0.03%	-17.92%
2017	+19.74%	-0.27%
2016	+3.55%	+52.33%
2015	N/A	-30.87%
2014	N/A	-18.39%
2013	N/A	-44.28%
2012	N/A	-18.82%
2011	N/A	-22.09%
2010	N/A	+32.28%
2009	N/A	+57.63%
2008	N/A	-31.94%
2007	N/A	+22.37%
2006	N/A	+10.44%
2005	N/A	+44.00%
2004	N/A	-9.96%
2003	N/A	+13.32%
2002	N/A	+111.50%
2001	N/A	+31.88%
2000	N/A	-18.67%
1999	N/A	-2.87%

FDLO vs ASA Drawdown Comparison

The maximum drawdown for FDLO was -34.33%, occurring on Mar 23, 2020. Recovery took 134 trading sessions.

The maximum drawdown for ASA was -80.31%, occurring on Jan 19, 2016. Recovery took 3643 trading sessions.

The current FDLO drawdown is -0.44%. The current ASA drawdown is -14.92%.

Rank	FDLO	ASA
#1	-34.33% Feb 19, 2020 - Aug 28, 2020	-80.31% Dec 6, 2010 - Jun 2, 2025
#2	-19.23% Dec 29, 2021 - Nov 20, 2023	-65.13% Mar 14, 2008 - Sep 14, 2010
#3	-15.97% Sep 21, 2018 - Mar 13, 2019	-35.70% Jun 3, 2002 - Dec 13, 2002
#4	-13.68% Feb 19, 2025 - Jul 1, 2025	-32.51% Feb 27, 2026 - Mar 20, 2026
#5	-9.65% Jan 26, 2018 - Jul 24, 2018	-31.72% Nov 10, 1999 - May 16, 2001
#6	-7.33% Sep 2, 2020 - Nov 11, 2020	-28.66% Dec 2, 2003 - Sep 29, 2005
#7	-7.13% Feb 2, 2026 - Apr 17, 2026	-27.87% May 9, 2006 - Sep 25, 2007
#8	-5.05% Sep 3, 2021 - Oct 21, 2021	-23.62% Jan 3, 2003 - Aug 11, 2003
#9	-4.93% Jul 29, 2019 - Sep 5, 2019	-23.37% May 18, 2001 - Jan 16, 2002
#10	-4.92% Dec 3, 2024 - Feb 13, 2025	-17.89% Feb 2, 2006 - Apr 19, 2006
#11	-4.56% Sep 22, 2016 - Nov 21, 2016	-17.24% Oct 16, 2025 - Dec 1, 2025
#12	-4.51% Jul 17, 2024 - Aug 19, 2024	-17.12% Jan 28, 2026 - Feb 24, 2026
#13	-4.40% Feb 9, 2021 - Mar 15, 2021	-15.06% Nov 6, 2007 - Jan 3, 2008
#14	-4.39% Mar 28, 2024 - May 15, 2024	-11.68% Feb 8, 2002 - Mar 22, 2002
#15	-4.13% Nov 16, 2021 - Dec 10, 2021	-11.43% Jun 5, 2025 - Aug 7, 2025

Correlation

Correlation between FDLO and ASA is 0.74 which considered as a strong positive correlation - the stocks tend to move together.

0.74

-101

Dividend Comparison (2000 - 2026)

FDLO vs ASA dividend yield comparison.

Year	FDLO	ASA
2026	0.40%	0.06%
2025	1.37%	0.10%
2024	1.40%	0.20%
2023	1.35%	0.13%
2022	1.49%	0.14%
2021	1.11%	0.09%
2020	1.38%	0.09%
2019	1.55%	0.15%
2018	1.76%	0.32%
2017	1.61%	0.35%
2016	0.55%	0.36%
2015	0.00%	0.56%
2014	0.00%	0.40%
2013	0.00%	1.47%
2012	0.00%	1.76%
2011	0.00%	1.37%
2010	0.00%	0.98%
2009	0.00%	1.81%
2008	0.00%	3.92%
2007	0.00%	3.06%
2006	0.00%	1.39%
2005	0.00%	1.64%
2004	0.00%	1.36%
2003	0.00%	1.76%
2002	0.00%	1.95%
2001	0.00%	4.00%
2000	0.00%	1.96%