FDLO vs EVLN

Comparison between FIDELITY LOW VOLATILITY FACTOR ETF (FDLO, ETF) and Eaton Vance Floating-Rate ETF (EVLN, ETF).

FDLO vs EVLN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FDLO(ETF)	EVLN(ETF)
Net Assets	$1.40B	$1.40B
Expense Ratio	0.15%	0.60%
Max Drawdown	34.72%	5.27%
Sharpe Ratio	1.47	0.18
5Y Beta	0.61	0.09
P/E Ratio	22.21	N/A
Forward P/E	19.60	N/A
PEG Ratio	0.40	N/A
5Y Dividends CAGR	11.36%	N/A
5Y EPS CAGR	16.10%	N/A
Debt to Equity	30.17%	N/A
P/S Ratio	3.15	N/A
P/B Ratio	4.67	N/A

Net Assets

FDLO

$1.40B

EVLN

$1.40B

Expense Ratio

Winner

FDLO

0.15%

EVLN

0.60%

Max Drawdown

FDLO

34.72%

Winner

EVLN

5.27%

Sharpe Ratio

Winner

FDLO

1.47

EVLN

0.18

5Y Beta

FDLO

0.61

Winner

EVLN

0.09

P/E Ratio

FDLO

22.21

EVLN

N/A

Forward P/E

FDLO

19.60

EVLN

N/A

PEG Ratio

FDLO

0.40

EVLN

N/A

5Y Dividends CAGR

FDLO

11.36%

EVLN

N/A

5Y EPS CAGR

FDLO

16.10%

EVLN

N/A

Debt to Equity

FDLO

30.17%

EVLN

N/A

P/S Ratio

FDLO

3.15

EVLN

N/A

P/B Ratio

FDLO

4.67

EVLN

N/A

FDLO vs EVLN - Historical Returns

Returns include dividend reinvestment.

Period	FDLO	EVLN
1 month	+4.51%	+0.37%
3 months	+6.06%	+0.93%
6 months	+7.83%	+2.29%
1 year	+17.43%	+4.06%
5 years(CAGR)	+9.97%	N/A
10 years(CAGR)	+13.16%	N/A
Max(CAGR)	+13.16%	+5.98%

Winner

FDLO

+4.51%

EVLN

+0.37%

Winner

FDLO

+6.06%

EVLN

+0.93%

Winner

FDLO

+7.83%

EVLN

+2.29%

Winner

FDLO

+17.43%

EVLN

+4.06%

5Y(CAGR)

FDLO

+9.97%

EVLN

N/A

10Y(CAGR)

FDLO

+13.16%

EVLN

N/A

Max(CAGR)

Winner

FDLO

+13.16%

EVLN

+5.98%

FDLO vs EVLN - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FDLO	EVLN
2026	+10.66%	+2.10%
2025	+12.31%	+5.58%
2024	+16.30%	+7.28%
2023	+16.85%	N/A
2022	-9.91%	N/A
2021	+25.84%	N/A
2020	+11.71%	N/A
2019	+30.94%	N/A
2018	-0.03%	N/A
2017	+19.74%	N/A
2016	+3.55%	N/A

FDLO vs EVLN Drawdown Comparison

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

The maximum drawdown for EVLN was -2.78%, occurring on Apr 7, 2025. Recovery took 54 trading sessions.

Rank	FDLO	EVLN
#1	-34.33% Feb 19, 2020 - Aug 28, 2020	-2.78% Feb 19, 2025 - May 7, 2025
#2	-19.23% Dec 29, 2021 - Nov 20, 2023	-1.77% Jan 22, 2026 - Apr 22, 2026
#3	-15.97% Sep 21, 2018 - Mar 13, 2019	-0.61% Jul 19, 2024 - Aug 14, 2024
#4	-13.68% Feb 19, 2025 - Jul 1, 2025	-0.50% Sep 24, 2025 - Oct 24, 2025
#5	-9.65% Jan 26, 2018 - Jul 24, 2018	-0.39% Jun 18, 2026 - Jul 6, 2026
#6	-7.33% Sep 2, 2020 - Nov 11, 2020	-0.35% Jul 18, 2025 - Aug 25, 2025
#7	-7.13% Feb 2, 2026 - Apr 17, 2026	-0.35% Jul 20, 2026 - Aug 4, 2026
#8	-5.05% Sep 3, 2021 - Oct 21, 2021	-0.34% Sep 24, 2024 - Sep 30, 2024
#9	-4.93% Jul 29, 2019 - Sep 5, 2019	-0.34% Dec 13, 2024 - Dec 30, 2024
#10	-4.92% Dec 3, 2024 - Feb 13, 2025	-0.25% Jun 4, 2026 - Jun 16, 2026
#11	-4.56% Sep 22, 2016 - Nov 21, 2016	-0.24% Sep 19, 2024 - Sep 24, 2024
#12	-4.51% Jul 17, 2024 - Aug 19, 2024	-0.22% May 19, 2025 - May 28, 2025
#13	-4.40% Feb 9, 2021 - Mar 15, 2021	-0.22% Apr 24, 2026 - May 1, 2026
#14	-4.39% Mar 28, 2024 - May 15, 2024	-0.20% Jul 8, 2026 - Jul 15, 2026
#15	-4.13% Nov 16, 2021 - Dec 10, 2021	-0.17% Aug 29, 2024 - Sep 9, 2024

Correlation

Correlation between FDLO and EVLN is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2016 - 2026)

FDLO vs EVLN dividend yield comparison.

Year	FDLO	EVLN
2026	0.74%	3.84%
2025	1.37%	7.28%
2024	1.40%	6.41%
2023	1.35%	0.00%
2022	1.49%	0.00%
2021	1.11%	0.00%
2020	1.38%	0.00%
2019	1.55%	0.00%
2018	1.76%	0.00%
2017	1.61%	0.00%
2016	0.55%	0.00%