IVOL vs FCPI

Comparison between QUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF (IVOL, ETF) and FIDELITY STOCKS FOR INFLATION ETF (FCPI, ETF).

5-Year PerformanceFCPI has outperformed IVOL, delivering a return of +14.0% compared to -6.0%

IVOL vs FCPI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IVOL(ETF)	FCPI(ETF)
Net Assets	$276M	$276M
Expense Ratio	0.98%	0.15%
Max Drawdown	40.62%	37.71%
Sharpe Ratio	-2.02	1.10
5Y Beta	-0.19	0.89
P/E Ratio	N/A	18.73
Forward P/E	N/A	16.08
PEG Ratio	N/A	0.15
5Y Dividends CAGR	-7.48%	2.54%
5Y EPS CAGR	N/A	29.67%
Debt to Equity	N/A	49.26%
P/S Ratio	N/A	3.05
P/B Ratio	N/A	4.44

Net Assets

IVOL

$276M

FCPI

$276M

Expense Ratio

IVOL

0.98%

Winner

FCPI

0.15%

Max Drawdown

IVOL

40.62%

Winner

FCPI

37.71%

Sharpe Ratio

IVOL

-2.02

Winner

FCPI

1.10

5Y Beta

Winner

IVOL

-0.19

FCPI

0.89

P/E Ratio

IVOL

N/A

FCPI

18.73

Forward P/E

IVOL

N/A

FCPI

16.08

PEG Ratio

IVOL

N/A

FCPI

0.15

5Y Dividends CAGR

IVOL

-7.48%

Winner

FCPI

2.54%

5Y EPS CAGR

IVOL

N/A

FCPI

29.67%

Debt to Equity

IVOL

N/A

FCPI

49.26%

P/S Ratio

IVOL

N/A

FCPI

3.05

P/B Ratio

IVOL

N/A

FCPI

4.44

IVOL vs FCPI - Historical Returns

Returns include dividend reinvestment.

Period	IVOL	FCPI
1 month	-0.31%	+1.04%
3 months	-5.63%	+3.76%
6 months	-6.95%	+7.98%
1 year	-8.89%	+17.12%
5 years(CAGR)	-6.01%	+13.97%
Max(CAGR)	-1.64%	+14.48%

IVOL

-0.31%

Winner

FCPI

+1.04%

IVOL

-5.63%

Winner

FCPI

+3.76%

IVOL

-6.95%

Winner

FCPI

+7.98%

IVOL

-8.89%

Winner

FCPI

+17.12%

5Y(CAGR)

IVOL

-6.01%

Winner

FCPI

+13.97%

Max(CAGR)

IVOL

-1.64%

Winner

FCPI

+14.48%

IVOL vs FCPI - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	IVOL	FCPI
2026	-8.27%	+9.91%
2025	+12.03%	+15.44%
2024	-10.51%	+25.29%
2023	-4.63%	+16.77%
2022	-12.97%	-7.67%
2021	-0.69%	+35.59%
2020	+14.96%	+2.01%
2019	+3.23%	+4.43%

IVOL vs FCPI Drawdown Comparison

The maximum drawdown for IVOL was -31.17%, occurring on Dec 18, 2024. This drawdown has not yet recovered.

The maximum drawdown for FCPI was -37.24%, occurring on Mar 23, 2020. Recovery took 244 trading sessions.

The current IVOL drawdown is -28.18%. The current FCPI drawdown is -0.95%.

Rank	IVOL	FCPI
#1	-31.17% May 10, 2021 - Dec 18, 2024	-37.24% Jan 17, 2020 - Jan 6, 2021
#2	-8.02% Mar 6, 2020 - Mar 26, 2020	-18.25% Mar 29, 2022 - Nov 30, 2023
#3	-3.93% Mar 26, 2020 - Apr 8, 2020	-17.43% Feb 19, 2025 - Jun 26, 2025
#4	-3.23% Jun 6, 2019 - Feb 28, 2020	-7.90% Jan 4, 2022 - Mar 29, 2022
#5	-2.52% Apr 13, 2020 - May 8, 2020	-7.87% Feb 25, 2026 - Apr 14, 2026
#6	-2.26% Feb 16, 2021 - May 5, 2021	-7.48% Jul 16, 2024 - Aug 23, 2024
#7	-1.94% Aug 31, 2020 - Dec 2, 2020	-7.03% Nov 29, 2024 - Jan 23, 2025
#8	-1.50% May 16, 2019 - May 30, 2019	-5.55% Nov 24, 2021 - Dec 23, 2021
#9	-1.37% May 8, 2020 - Jun 4, 2020	-5.55% Mar 28, 2024 - May 14, 2024
#10	-1.22% Jun 5, 2020 - Aug 5, 2020	-5.42% Aug 30, 2024 - Sep 19, 2024
#11	-0.51% Aug 17, 2020 - Aug 25, 2020	-5.16% Feb 10, 2021 - Mar 11, 2021
#12	-0.47% Jan 21, 2021 - Feb 3, 2021	-4.59% Jun 30, 2021 - Aug 24, 2021
#13	-0.39% Dec 21, 2020 - Jan 4, 2021	-4.56% Jun 2, 2026 - Jun 10, 2026
#14	-0.39% Jan 7, 2021 - Jan 14, 2021	-4.50% Sep 2, 2021 - Oct 14, 2021
#15	-0.31% Feb 8, 2021 - Feb 12, 2021	-4.48% Nov 12, 2025 - Dec 11, 2025

Correlation

Correlation between IVOL and FCPI is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101