AESR vs. FPX

Last updated Apr 1, 2026

Compare and contrast key facts about Anfield U.S. Equity Sector Rotation ETF (AESR) and First Trust US Equity Opportunities ETF (FPX).

AESR and FPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AESR is an actively managed fund by Regents Park Funds. It was launched on Dec 17, 2019. FPX is a passively managed fund by First Trust that tracks the performance of the IPOX-100 U.S. Index. It was launched on Apr 12, 2006.

Performance

AESR vs. FPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anfield U.S. Equity Sector Rotation ETF (AESR) and First Trust US Equity Opportunities ETF (FPX). The values are adjusted to include any dividend payments, if applicable.

AESR vs. FPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AESR Anfield U.S. Equity Sector Rotation ETF	-1.32%	20.34%	25.37%	21.03%	-17.52%	25.26%	19.58%	0.76%
FPX First Trust US Equity Opportunities ETF	-2.88%	37.62%	24.75%	22.26%	-35.11%	3.69%	47.89%	1.15%

Returns By Period

In the year-to-date period, AESR achieves a -1.32% return, which is significantly higher than FPX's -2.88% return.

AESR

• 1D: 3.53%
• 1M: -5.94%
• YTD: -1.32%
• 6M: -0.26%
• 1Y: 24.48%
• 3Y*: 19.73%
• 5Y*: 11.81%
• 10Y*: —

FPX

• 1D: 4.38%
• 1M: -4.68%
• YTD: -2.88%
• 6M: -4.25%
• 1Y: 42.94%
• 3Y*: 23.97%
• 5Y*: 5.98%
• 10Y*: 12.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AESR vs. FPX - Expense Ratio Comparison

AESR has a 1.46% expense ratio, which is higher than FPX's 0.57% expense ratio.

AESR

Anfield U.S. Equity Sector Rotation ETF

FPX

First Trust US Equity Opportunities ETF

Return for Risk

AESR vs. FPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AESR

AESR Risk / Return Rank: 73
AESR Sharpe Ratio Rank: 69
AESR Sortino Ratio Rank: 70
AESR Omega Ratio Rank: 69
AESR Calmar Ratio Rank: 77
AESR Martin Ratio Rank: 81

FPX

FPX Risk / Return Rank: 83
FPX Sharpe Ratio Rank: 81
FPX Sortino Ratio Rank: 81
FPX Omega Ratio Rank: 76
FPX Calmar Ratio Rank: 90
FPX Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AESR vs. FPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anfield U.S. Equity Sector Rotation ETF (AESR) and First Trust US Equity Opportunities ETF (FPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AESR	FPX	Difference
Sharpe ratio Return per unit of total volatility	1.20	1.47	-0.28
Sortino ratio Return per unit of downside risk	1.75	2.04	-0.29
Omega ratio Gain probability vs. loss probability	1.25	1.28	-0.03
Calmar ratio Return relative to maximum drawdown	2.04	2.99	-0.95
Martin ratio Return relative to average drawdown	8.76	10.16	-1.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AESR vs. FPX - Sharpe Ratio Comparison

The current AESR Sharpe Ratio is 1.20, which is comparable to the FPX Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of AESR and FPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AESR	FPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	1.47	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.23	+0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.52	+0.15

Correlation

The correlation between AESR and FPX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AESR vs. FPX - Dividend Comparison

AESR's dividend yield for the trailing twelve months is around 23.33%, more than FPX's 0.59% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AESR Anfield U.S. Equity Sector Rotation ETF	23.33%	23.02%	0.17%	0.33%	0.73%	6.59%	1.06%	0.33%	0.00%	0.00%	0.00%	0.00%
FPX First Trust US Equity Opportunities ETF	0.59%	0.53%	0.09%	0.27%	1.08%	0.14%	0.28%	0.67%	0.88%	0.68%	0.77%	0.62%

Drawdowns

AESR vs. FPX - Drawdown Comparison

The maximum AESR drawdown since its inception was -31.06%, smaller than the maximum FPX drawdown of -56.29%. Use the drawdown chart below to compare losses from any high point for AESR and FPX.

Drawdown Indicators

	AESR	FPX	Difference
Max Drawdown Largest peak-to-trough decline	-31.06%	-56.29%	+25.23%
Max Drawdown (1Y) Largest decline over 1 year	-12.24%	-14.19%	+1.95%
Max Drawdown (5Y) Largest decline over 5 years	-25.04%	-43.14%	+18.10%
Max Drawdown (10Y) Largest decline over 10 years	—	-43.14%	—
Current Drawdown Current decline from peak	-6.64%	-8.22%	+1.58%
Average Drawdown Average peak-to-trough decline	-6.16%	-11.43%	+5.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	4.18%	-1.32%

Volatility

AESR vs. FPX - Volatility Comparison

The current volatility for Anfield U.S. Equity Sector Rotation ETF (AESR) is 7.31%, while First Trust US Equity Opportunities ETF (FPX) has a volatility of 9.13%. This indicates that AESR experiences smaller price fluctuations and is considered to be less risky than FPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AESR	FPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.31%	9.13%	-1.82%
Volatility (6M) Calculated over the trailing 6-month period	12.94%	18.62%	-5.68%
Volatility (1Y) Calculated over the trailing 1-year period	20.57%	29.34%	-8.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.64%	26.54%	-8.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.50%	24.17%	-3.67%