FPRO vs BAVA

Comparison between FIDELITY REAL ESTATE INVESTMENT ETF (FPRO, ETF) and Bitwise Avalanche ETF (BAVA, ETF).

FPRO vs BAVA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPRO(ETF)	BAVA(ETF)
Net Assets	$17M	$16M
Expense Ratio	0.57%	0.34%
Max Drawdown	35.96%	40.15%
Sharpe Ratio	0.76	-1.06
5Y Beta	0.46	1.96
P/E Ratio	36.92	N/A
Forward P/E	39.49	N/A
PEG Ratio	0.39	N/A
5Y Dividends CAGR	30.55%	N/A
5Y EPS CAGR	11.76%	N/A
Debt to Equity	65.89%	N/A
P/S Ratio	5.57	N/A
P/B Ratio	3.15	N/A

Net Assets

Winner

FPRO

$17M

BAVA

$16M

Expense Ratio

FPRO

0.57%

Winner

BAVA

0.34%

Max Drawdown

Winner

FPRO

35.96%

BAVA

40.15%

Sharpe Ratio

Winner

FPRO

0.76

BAVA

-1.06

5Y Beta

Winner

FPRO

0.46

BAVA

1.96

P/E Ratio

FPRO

36.92

BAVA

N/A

Forward P/E

FPRO

39.49

BAVA

N/A

PEG Ratio

FPRO

0.39

BAVA

N/A

5Y Dividends CAGR

FPRO

30.55%

BAVA

N/A

5Y EPS CAGR

FPRO

11.76%

BAVA

N/A

Debt to Equity

FPRO

65.89%

BAVA

N/A

P/S Ratio

FPRO

5.57

BAVA

N/A

P/B Ratio

FPRO

3.15

BAVA

N/A

FPRO vs BAVA - Historical Returns

Returns include dividend reinvestment.

Period	FPRO	BAVA
1 month	-1.43%	+20.00%
3 months	+3.03%	-17.79%
6 months	+6.97%	N/A
1 year	+14.45%	N/A
5 years(CAGR)	+3.37%	N/A
Max(CAGR)	+7.20%	-46.78%

FPRO

-1.43%

Winner

BAVA

+20.00%

Winner

FPRO

+3.03%

BAVA

-17.79%

FPRO

+6.97%

BAVA

N/A

FPRO

+14.45%

BAVA

N/A

5Y(CAGR)

FPRO

+3.37%

BAVA

N/A

Max(CAGR)

Winner

FPRO

+7.20%

BAVA

-46.78%

FPRO vs BAVA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FPRO	BAVA
2026	+16.63%	-20.38%
2025	+3.83%	N/A
2024	+4.77%	N/A
2023	+10.63%	N/A
2022	-24.23%	N/A
2021	+40.16%	N/A

FPRO vs BAVA Drawdown Comparison

The maximum drawdown for FPRO was -32.79%, occurring on Oct 27, 2023. Recovery took 1075 trading sessions.

The maximum drawdown for BAVA was -40.15%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current FPRO drawdown is -1.43%. The current BAVA drawdown is -26.22%.

Rank	FPRO	BAVA
#1	-32.79% Dec 31, 2021 - Apr 16, 2026	-40.15% May 11, 2026 - Jun 25, 2026
#2	-8.32% Sep 2, 2021 - Nov 24, 2021	-8.30% Apr 16, 2026 - May 8, 2026
#3	-5.08% Feb 24, 2021 - Mar 12, 2021	N/A
#4	-4.92% Nov 24, 2021 - Dec 8, 2021	N/A
#5	-4.13% Jul 24, 2026 - Aug 11, 2026	N/A
#6	-4.09% Apr 30, 2021 - May 24, 2021	N/A
#7	-3.47% Apr 20, 2026 - Jun 9, 2026	N/A
#8	-3.14% Jun 14, 2021 - Jul 9, 2021	N/A
#9	-2.69% Jun 12, 2026 - Jun 26, 2026	N/A
#10	-2.67% Mar 15, 2021 - Mar 26, 2021	N/A
#11	-2.42% Jun 26, 2026 - Jul 16, 2026	N/A
#12	-1.78% Aug 5, 2021 - Aug 17, 2021	N/A
#13	-1.73% Jul 12, 2021 - Jul 20, 2021	N/A
#14	-1.38% Jul 17, 2026 - Jul 24, 2026	N/A
#15	-1.34% Dec 8, 2021 - Dec 13, 2021	N/A

Correlation

Correlation between FPRO and BAVA is -0.64 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.64

-101