FIDU vs PAVE: returns, Sharpe ratio and drawdown

Over the past year, PAVE returned +12.61% against +10.74% for FIDU. Over five years, PAVE averaged +14.06% a year, compared with +10.96% for FIDU. PAVE had the higher Sharpe ratio over the past year (0.49 vs 0.44), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -13.60% for FIDU and -15.29% for PAVE. Dividends over the past year came to 0.92% of FIDU's price, against 0.81% for PAVE. Their daily returns had a correlation of 0.95 over the past year, which is very high.

FIDU charges 0.084% a year and PAVE 0.47%. Over five years, reinvested dividends added 1.47 points a year to FIDU's return and 0.82 to PAVE's.