RULE vs FPRO

Comparison between ADAPTIVE CORE ETF (RULE, ETF) and FIDELITY REAL ESTATE INVESTMENT ETF (FPRO, ETF).

5-Year PerformanceRULE has outperformed FPRO, delivering a return of +6.1% compared to +3.5%

RULE vs FPRO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RULE(ETF)	FPRO(ETF)
Net Assets	$16M	$16M
Expense Ratio	1.84%	0.57%
Max Drawdown	30.49%	35.96%
Sharpe Ratio	1.62	0.66
5Y Beta	0.94	0.48
P/E Ratio	N/A	38.31
Forward P/E	N/A	39.12
PEG Ratio	N/A	0.43
5Y Dividends CAGR	N/A	48.35%
5Y EPS CAGR	N/A	10.98%
Debt to Equity	N/A	36.63%
P/S Ratio	N/A	5.58
P/B Ratio	N/A	3.01

Net Assets

RULE

$16M

Winner

FPRO

$16M

Expense Ratio

RULE

1.84%

Winner

FPRO

0.57%

Max Drawdown

Winner

RULE

30.49%

FPRO

35.96%

Sharpe Ratio

Winner

RULE

1.62

FPRO

0.66

5Y Beta

RULE

0.94

Winner

FPRO

0.48

P/E Ratio

RULE

N/A

FPRO

38.31

Forward P/E

RULE

N/A

FPRO

39.12

PEG Ratio

RULE

N/A

FPRO

0.43

5Y Dividends CAGR

RULE

N/A

FPRO

48.35%

5Y EPS CAGR

RULE

N/A

FPRO

10.98%

Debt to Equity

RULE

N/A

FPRO

36.63%

P/S Ratio

RULE

N/A

FPRO

5.58

P/B Ratio

RULE

N/A

FPRO

3.01

RULE vs FPRO - Historical Returns

Returns include dividend reinvestment.

Period	RULE	FPRO
1 month	+6.49%	+1.82%
3 months	+34.24%	+8.17%
6 months	+41.84%	+14.70%
1 year	+46.54%	+13.36%
5 years(CAGR)	+6.05%	+3.50%
Max(CAGR)	+6.05%	+7.16%

Winner

RULE

+6.49%

FPRO

+1.82%

Winner

RULE

+34.24%

FPRO

+8.17%

Winner

RULE

+41.84%

FPRO

+14.70%

Winner

RULE

+46.54%

FPRO

+13.36%

5Y(CAGR)

Winner

RULE

+6.05%

FPRO

+3.50%

Max(CAGR)

RULE

+6.05%

Winner

FPRO

+7.16%

RULE vs FPRO - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	RULE	FPRO
2026	+38.48%	+14.79%
2025	+4.30%	+3.83%
2024	+9.36%	+4.77%
2023	+6.29%	+10.63%
2022	-22.80%	-24.23%
2021	+1.03%	+40.16%

RULE vs FPRO Drawdown Comparison

The maximum drawdown for RULE was -30.48%, occurring on Oct 27, 2023. Recovery took 1057 trading sessions.

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

The current RULE drawdown is -3.27%.

Rank	RULE	FPRO
#1	-30.48% Nov 8, 2021 - Jan 27, 2026	-32.79% Dec 31, 2021 - Apr 16, 2026
#2	-12.65% Feb 25, 2026 - Apr 14, 2026	-8.32% Sep 2, 2021 - Nov 24, 2021
#3	-9.46% Jun 3, 2026 - Jun 10, 2026	-5.08% Feb 24, 2021 - Mar 12, 2021
#4	-6.61% May 14, 2026 - May 26, 2026	-4.92% Nov 24, 2021 - Dec 8, 2021
#5	-5.26% Jan 29, 2026 - Feb 25, 2026	-4.09% Apr 30, 2021 - May 24, 2021
#6	-1.95% Apr 27, 2026 - Apr 30, 2026	-3.47% Apr 20, 2026 - Jun 9, 2026
#7	-1.55% May 6, 2026 - May 8, 2026	-3.14% Jun 14, 2021 - Jul 9, 2021
#8	-1.46% May 11, 2026 - May 13, 2026	-2.67% Mar 15, 2021 - Mar 26, 2021
#9	-1.21% Apr 17, 2026 - Apr 22, 2026	-1.78% Aug 5, 2021 - Aug 17, 2021
#10	-1.03% Apr 14, 2026 - Apr 17, 2026	-1.73% Jul 12, 2021 - Jul 20, 2021
#11	-0.35% Nov 4, 2021 - Nov 8, 2021	-1.34% Dec 8, 2021 - Dec 13, 2021
#12	-0.29% May 26, 2026 - May 29, 2026	-1.34% Dec 13, 2021 - Dec 16, 2021
#13	-0.16% Apr 22, 2026 - Apr 24, 2026	-1.13% Aug 20, 2021 - Aug 30, 2021
#14	-0.15% May 1, 2026 - May 5, 2026	-1.08% Jul 20, 2021 - Jul 27, 2021
#15	N/A	-1.06% Aug 17, 2021 - Aug 20, 2021