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FIDI vs IRE

Comparison between FIDELITY INTERNATIONAL HIGH DIVIDEND ETF (FIDI, ETF) and Daily Target 2X Long IREN (IREN Limited) ETF (IRE, ETF).

FIDI vs IRE - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
FIDI
$318M
IRE
$317M
Expense Ratio
FIDI
0.18%
IRE
N/A
Max Drawdown
Winner
FIDI
50.61%
IRE
90.87%
Sharpe Ratio
Winner
FIDI
1.59
IRE
0.32
5Y Beta
Winner
FIDI
0.53
IRE
7.82
5Y Dividends CAGR
FIDI
11.71%
IRE
N/A

FIDI vs IRE - Holdings Comparison

FIDI and IRE have 0 common holdings. Overlap is 0.00%

FIDI's top 25 holdings weight is 55.76%. IRE's top 25 holdings weight is 3.42%.

RankFIDIIRE
#1
TOTALENERGIES SE (TTE:XPAR) - 3.64%
FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.42%
#2
EQUINOR ASA (n/a) - 3.57%
N/A
#3
CANADIAN NATURAL RESOURCES LTD (n/a) - 2.87%
N/A
#4
ENBRIDGE INC (n/a) - 2.70%
N/A
#5
DAITO TRUST CONSTRUCTION CO LTD (n/a) - 2.68%
N/A
#6
KLEPIERRE (n/a) - 2.62%
N/A
#7
LINK REAL ESTATE INVESTMENT TRUST (n/a) - 2.62%
N/A
#8
NESTLE SA (n/a) - 2.58%
N/A
#9
ENEL SPA (n/a) - 2.53%
N/A
#10
ENGIE SA (n/a) - 2.46%
N/A
#11
WOODSIDE ENERGY GROUP LTD (n/a) - 2.37%
N/A
#12
NATURGY ENERGY GROUP SA (n/a) - 2.22%
N/A
#13
BRITISH AMERICAN TOBACCO PLC (n/a) - 2.20%
N/A
#14
ORIGIN ENERGY LTD (n/a) - 2.13%
N/A
#15
JAPAN TOBACCO INC (n/a) - 2.05%
N/A
#16
CAPITAL POWER CORP (n/a) - 1.99%
N/A
#17
CARREFOUR (n/a) - 1.89%
N/A
#18
TOYOTA MOTOR CORP (n/a) - 1.84%
N/A
#19
COLES GROUP LTD (n/a) - 1.69%
N/A
#20
MERCEDES-BENZ GROUP AG (n/a) - 1.65%
N/A
#21
IMPERIAL BRANDS PLC (n/a) - 1.57%
N/A
#22
RENAULT SA (n/a) - 1.57%
N/A
#23
FIRSTSERVICE CORP ORDINARY SHARES (FSV) - 1.47%
N/A
#24
WESFARMERS LTD (n/a) - 1.46%
N/A
#25
HSBC HOLDINGS PLC (n/a) - 1.39%
N/A
Total Holdings1271

FIDI vs IRE - Historical Returns

Returns include dividend reinvestment.

1M
Winner
FIDI
-1.39%
IRE
-15.00%
3M
FIDI
+2.20%
Winner
IRE
+30.48%
6M
Winner
FIDI
+11.20%
IRE
-28.53%
1Y
FIDI
+23.89%
IRE
N/A
5Y(CAGR)
FIDI
+10.28%
IRE
N/A
10Y(CAGR)
FIDI
+5.68%
IRE
N/A
Max(CAGR)
Winner
FIDI
+5.68%
IRE
-79.74%

FIDI vs IRE - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

YearFIDIIRE
2026+6.94%-13.77%
2025+39.31%-65.76%
2024+0.60%N/A
2023+15.81%N/A
2022-5.45%N/A
2021+16.76%N/A
2020-12.62%N/A
2019+16.38%N/A
2018-20.15%N/A

FIDI vs IRE Drawdown Comparison

The maximum drawdown for FIDI was -46.34%, occurring on Mar 16, 2020. Recovery took 999 trading sessions.

The maximum drawdown for IRE was -90.87%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current FIDI drawdown is -3.04%. The current IRE drawdown is -79.14%.

RankFIDIIRE
#1-46.34%
Jan 26, 2018 - Jan 13, 2022
-90.87%
Nov 5, 2025 - Mar 30, 2026
#2-26.03%
Feb 9, 2022 - Dec 14, 2023
-20.31%
Oct 27, 2025 - Nov 3, 2025
#3-12.08%
Mar 19, 2025 - Apr 24, 2025
-13.78%
Oct 21, 2025 - Oct 23, 2025
#4-10.83%
Sep 27, 2024 - Mar 5, 2025
-2.53%
Nov 3, 2025 - Nov 5, 2025
#5-7.34%
May 20, 2024 - Aug 23, 2024
N/A
#6-6.93%
Feb 26, 2026 - Apr 13, 2026
N/A
#7-4.96%
Jan 8, 2024 - Mar 6, 2024
N/A
#8-4.64%
Nov 12, 2025 - Dec 4, 2025
N/A
#9-4.28%
Apr 9, 2024 - May 9, 2024
N/A
#10-3.67%
Jul 23, 2025 - Aug 12, 2025
N/A
#11-3.28%
Apr 14, 2026 - Apr 29, 2026
N/A
#12-3.24%
Jan 14, 2022 - Feb 8, 2022
N/A
#13-2.94%
Aug 22, 2025 - Oct 3, 2025
N/A
#14-2.86%
Aug 30, 2024 - Sep 16, 2024
N/A
#15-2.68%
Jun 12, 2025 - Jun 30, 2025
N/A

Correlation

Correlation between FIDI and IRE is -0.74 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.74
-101

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