FNCL vs USTB

Comparison between FIDELITY MSCI FINANCIALS INDEX ETF (FNCL, ETF) and VICTORYSHARES SHORT-TERM BOND ETF FORMERLY VICTORYSHARES USAA CORE SHORT-TERM BOND ETF VICTORYSHARES SHORT-TERM BOND ETF (USTB, ETF).

5-Year PerformanceFNCL has outperformed USTB, delivering a return of +10.8% compared to +3.6%

FNCL vs USTB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FNCL(ETF)	USTB(ETF)
Net Assets	$2.20B	$2.30B
Expense Ratio	0.08%	0.34%
Max Drawdown	44.96%	7.56%
Sharpe Ratio	0.65	0.10
5Y Beta	0.83	0.01
P/E Ratio	16.96	N/A
Forward P/E	15.08	N/A
5Y Dividends CAGR	6.69%	16.23%
5Y EPS CAGR	11.03%	N/A
Debt to Equity	92.06%	N/A
P/S Ratio	3.36	N/A
P/B Ratio	2.25	N/A

Net Assets

FNCL

$2.20B

Winner

USTB

$2.30B

Expense Ratio

Winner

FNCL

0.08%

USTB

0.34%

Max Drawdown

FNCL

44.96%

Winner

USTB

7.56%

Sharpe Ratio

Winner

FNCL

0.65

USTB

0.10

5Y Beta

FNCL

0.83

Winner

USTB

0.01

P/E Ratio

FNCL

16.96

USTB

N/A

Forward P/E

FNCL

15.08

USTB

N/A

5Y Dividends CAGR

FNCL

6.69%

Winner

USTB

16.23%

5Y EPS CAGR

FNCL

11.03%

USTB

N/A

Debt to Equity

FNCL

92.06%

USTB

N/A

P/S Ratio

FNCL

3.36

USTB

N/A

P/B Ratio

FNCL

2.25

USTB

N/A

FNCL vs USTB - Historical Returns

Returns include dividend reinvestment.

Period	FNCL	USTB
1 month	+2.69%	+0.35%
3 months	+11.86%	+0.86%
6 months	+6.92%	+1.36%
1 year	+14.27%	+4.00%
5 years(CAGR)	+10.83%	+3.58%
10 years(CAGR)	+13.27%	+3.47%
Max(CAGR)	+12.04%	+3.47%

Winner

FNCL

+2.69%

USTB

+0.35%

Winner

FNCL

+11.86%

USTB

+0.86%

Winner

FNCL

+6.92%

USTB

+1.36%

Winner

FNCL

+14.27%

USTB

+4.00%

5Y(CAGR)

Winner

FNCL

+10.83%

USTB

+3.58%

10Y(CAGR)

Winner

FNCL

+13.27%

USTB

+3.47%

Max(CAGR)

Winner

FNCL

+12.04%

USTB

+3.47%

FNCL vs USTB - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FNCL	USTB
2026	+6.19%	+1.87%
2025	+15.27%	+6.13%
2024	+30.29%	+6.81%
2023	+13.75%	+6.57%
2022	-13.26%	-2.72%
2021	+36.91%	+0.89%
2020	-2.92%	+5.00%
2019	+30.72%	+4.99%
2018	-13.32%	+1.12%
2017	+18.99%	+0.35%
2016	+27.37%	N/A
2015	-0.62%	N/A
2014	+14.62%	N/A
2013	+4.82%	N/A

FNCL vs USTB Drawdown Comparison

The maximum drawdown for FNCL was -44.36%, occurring on Mar 23, 2020. Recovery took 226 trading sessions.

The maximum drawdown for USTB was -5.32%, occurring on Mar 24, 2020. Recovery took 65 trading sessions.

The current FNCL drawdown is -0.77%.

Rank	FNCL	USTB
#1	-44.36% Feb 14, 2020 - Jan 7, 2021	-5.32% Mar 4, 2020 - Jun 5, 2020
#2	-25.68% Jan 12, 2022 - Feb 23, 2024	-4.96% Sep 9, 2021 - Jul 13, 2023
#3	-24.26% Jan 26, 2018 - Nov 1, 2019	-1.02% Aug 30, 2023 - Nov 3, 2023
#4	-20.91% Jul 22, 2015 - Aug 30, 2016	-0.84% Feb 27, 2026 - May 1, 2026
#5	-17.29% Feb 18, 2025 - Jun 30, 2025	-0.81% Dec 29, 2017 - Aug 6, 2018
#6	-14.78% Jan 6, 2026 - Jul 6, 2026	-0.68% Sep 27, 2024 - Dec 3, 2024
#7	-8.60% Mar 1, 2017 - Jul 25, 2017	-0.67% Jul 13, 2023 - Aug 4, 2023
#8	-8.18% Jun 4, 2021 - Aug 10, 2021	-0.65% Apr 3, 2025 - Apr 28, 2025
#9	-7.93% Nov 29, 2024 - Jan 27, 2025	-0.62% Sep 4, 2019 - Oct 2, 2019
#10	-7.82% Jan 14, 2021 - Feb 9, 2021	-0.48% Apr 4, 2024 - May 2, 2024
#11	-7.66% Nov 3, 2021 - Jan 7, 2022	-0.46% Jan 31, 2024 - Mar 1, 2024
#12	-7.10% Jul 30, 2024 - Aug 23, 2024	-0.43% Aug 8, 2023 - Aug 25, 2023
#13	-6.78% Dec 29, 2014 - Mar 20, 2015	-0.40% Sep 21, 2018 - Nov 16, 2018
#14	-6.68% Jan 15, 2014 - Mar 5, 2014	-0.40% Oct 4, 2019 - Nov 22, 2019
#15	-6.40% Sep 18, 2014 - Oct 30, 2014	-0.38% Aug 2, 2024 - Aug 21, 2024

Correlation

Correlation between FNCL and USTB is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2013 - 2026)

FNCL vs USTB dividend yield comparison.

Year	FNCL	USTB
2026	0.87%	2.68%
2025	1.45%	4.63%
2024	1.52%	5.05%
2023	1.91%	4.49%
2022	2.29%	2.54%
2021	1.75%	1.84%
2020	2.26%	2.59%
2019	2.17%	2.69%
2018	2.37%	2.32%
2017	1.60%	0.43%
2016	1.81%	0.00%
2015	2.17%	0.00%
2014	1.77%	0.00%
2013	0.43%	0.00%