First Trust Nasdaq Bank ETF (FTXO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FTXO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FTXO
FTXO charges 0.60% annually. There are 26 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 51.89B | Dec 1998 | FTXO vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.17B | Oct 2013 | FTXO vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.50B | Jan 2004 | FTXO vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | FTXO vs GABF | |
| Portfolio Building Block European Banks Index ETF | 0.13% | 22.30M | Nov 2025 | FTXO vs PBEU |
Best Risk-Adjusted Alternatives to FTXO
FTXO has a PortfoliosLab risk / return rank of 43. There are 4 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 89 | 5.04M | Oct 2024 | FTXO vs HSBH | |
| Themes Global Systemically Important Banks ETF | 76 | 24.99M | Dec 2023 | FTXO vs GSIB | |
| Invesco KBW Bank ETF | 57 | 6.25B | Nov 2011 | FTXO vs KBWB | |
| iShares MSCI Europe Financials ETF | 43 | 3.69B | Jan 2010 | FTXO vs EUFN | |
| Invesco S&P SmallCap Financials ETF | 43 | 26.65M | Apr 2010 | FTXO vs PSCF |
Top Performing FTXO Alternatives (YTD)
FTXO is at 10.30% YTD. There are 9 ETFs in the Financials Equities category with higher YTD returns, going as high as 24.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 24.96% | 5.04M | Oct 2024 | FTXO vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 18.17% | 83.48M | Jun 2009 | FTXO vs QABA | |
| SPDR S&P Regional Banking ETF | 15.47% | 4.33B | Jun 2006 | FTXO vs KRE | |
| Themes Global Systemically Important Banks ETF | 14.24% | 24.99M | Dec 2023 | FTXO vs GSIB | |
| Invesco S&P SmallCap Financials ETF | 13.58% | 26.65M | Apr 2010 | FTXO vs PSCF |
Lowest Volatility Alternatives to FTXO
FTXO has 20.80% 1-year volatility. There are 31 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | 9.39% | 7.14M | Jul 2022 | FTXO vs SPCZ | |
| iShares MSCI Kuwait ETF | 13.54% | 70.62M | Sep 2020 | FTXO vs KWT | |
| iShares Global Financials ETF | 13.90% | 580.15M | Nov 2001 | FTXO vs IXG | |
| iShares U.S. Financials ETF | 14.52% | 3.81B | May 2000 | FTXO vs IYF | |
| State Street Financial Select Sector SPDR ETF | 14.57% | 51.89B | Dec 1998 | FTXO vs XLF |
Lowest Drawdown Alternatives to FTXO
FTXO has a 1-year max drawdown of -16.69%. There are 27 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -3.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | -3.82% | 7.14M | Jul 2022 | FTXO vs SPCZ | |
| iShares U.S. Insurance ETF | -7.62% | 376.18M | May 2006 | FTXO vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 254.21M | Dec 2010 | FTXO vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 26.65M | Apr 2010 | FTXO vs PSCF | |
| iShares Global Financials ETF | -11.33% | 580.15M | Nov 2001 | FTXO vs IXG |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.
Often Compared With FTXO
Investors most often compare FTXO with IYG, DFNL, KBE. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare FTXO with Any Fund or Stock
Compare FTXO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FTXO with funds that move differently
First Trust Nasdaq Bank ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FTXO.
Explore FTXO Diversifiers