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COLO vs. FDD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

COLO vs. FDD

Last updated Jun 13, 2026

COLO (Global X MSCI Colombia ETF) and FDD (First Trust STOXX European Select Dividend Index Fund) are both exchange-traded funds - COLO is a Latin America Equities fund tracking the MSCI All Colombia Select 25/50 Index, while FDD is a Europe Equities fund tracking the STOXX Europe Select Dividend 30. Both are passively managed. Over the past 10 years, COLO returned 7.08%/yr vs 10.93%/yr for FDD. At a 0.46 correlation, their price movements are largely independent. COLO charges 0.62%/yr vs 0.58%/yr for FDD.

Performance

COLO vs. FDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI Colombia ETF (COLO) and First Trust STOXX European Select Dividend Index Fund (FDD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, COLO achieves a 23.32% return, which is significantly higher than FDD's 13.65% return. Over the past 10 years, COLO has underperformed FDD with an annualized return of 7.08%, while FDD has yielded a comparatively higher 10.93% annualized return.

COLO

1D
2.47%
1M
19.46%
YTD
23.32%
6M
22.17%
1Y
61.40%
3Y*
35.23%
5Y*
16.00%
10Y*
7.08%

FDD

1D
0.81%
1M
1.80%
YTD
13.65%
6M
17.76%
1Y
33.97%
3Y*
26.21%
5Y*
11.32%
10Y*
10.93%
*Multi-year figures are annualized to reflect compound growth (CAGR)

COLO vs. FDD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
COLO
Global X MSCI Colombia ETF		23.32%68.88%4.68%24.92%-21.32%-11.50%-14.60%30.42%-19.88%11.88%
FDD
First Trust STOXX European Select Dividend Index Fund		13.65%62.50%0.28%14.16%-16.14%16.03%-3.80%23.79%-8.98%19.07%

Correlation

The correlation between COLO and FDD is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.42

Correlation (3Y)
Calculated over the trailing 3-year period

0.48

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (10Y)
Calculated over the trailing 10-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Feb 9, 2009

0.46

The correlation between COLO and FDD has been stable across timeframes, ranging from 0.42 to 0.50 - a consistent structural relationship.

COLO vs. FDD - Sectors Allocation Comparison

Sectors
COLO
FDD

Financial Services

39.3%
52.2%

Basic Materials

18.4%
2.9%

Utilities

17.7%
6.0%

Energy

17.3%
10.8%

Communication Services

3.4%
2.1%

Industrials

2.4%
12.5%

Consumer Cyclical

1.5%
12.3%

Consumer Defensive

-

3.7%

Healthcare

-

-

Real Estate

-

3.5%

Technology

-

-

Financial Services

COLO
39.3%
FDD
52.2%

Basic Materials

COLO
18.4%
FDD
2.9%

Utilities

COLO
17.7%
FDD
6.0%

Energy

COLO
17.3%
FDD
10.8%

Communication Services

COLO
3.4%
FDD
2.1%

Industrials

COLO
2.4%
FDD
12.5%

Consumer Cyclical

COLO
1.5%
FDD
12.3%

Consumer Defensive

COLO

-

FDD
3.7%

Healthcare

COLO

-

FDD

-

Real Estate

COLO

-

FDD
3.5%

Technology

COLO

-

FDD

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X MSCI Colombia ETF

First Trust STOXX European Select Dividend Index Fund

Often compared with COLO:
COLO vs. GVALCOLO vs. EWZCOLO vs. ECHCOLO vs. GRIDCOLO vs. EPUCOLO vs. LRCXCOLO vs. HAP
Often compared with FDD:
FDD vs. EUFNFDD vs. FLAXFDD vs. VTIFDD vs. RFEUFDD vs. IQDFFDD vs. DVYFDD vs. IEUR

Return for Risk

COLO vs. FDD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
COLO
COLO Risk / Return Rank: 8080
Overall Rank
COLO Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
COLO Sortino Ratio Rank: 8989
Sortino Ratio Rank
COLO Omega Ratio Rank: 8686
Omega Ratio Rank
COLO Calmar Ratio Rank: 7676
Calmar Ratio Rank
COLO Martin Ratio Rank: 5959
Martin Ratio Rank
FDD
FDD Risk / Return Rank: 7575
Overall Rank
FDD Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
FDD Sortino Ratio Rank: 7575
Sortino Ratio Rank
FDD Omega Ratio Rank: 7171
Omega Ratio Rank
FDD Calmar Ratio Rank: 7979
Calmar Ratio Rank
FDD Martin Ratio Rank: 7373
Martin Ratio Rank
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.

COLO vs. FDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Colombia ETF (COLO) and First Trust STOXX European Select Dividend Index Fund (FDD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

COLOFDDDifference
Sharpe ratioReturn per unit of total volatility
2.67
2.11

+0.56

Sortino ratioReturn per unit of downside risk
3.59
2.91

+0.68

Omega ratioGain probability vs. loss probability

1.46

1.36

+0.10

Calmar ratioReturn relative to maximum drawdown

3.46

3.58

-0.12

Martin ratioReturn relative to average drawdown

9.36

11.88

-2.51

COLO vs. FDD - Sharpe Ratio Comparison

The current COLO Sharpe Ratio is 2.67, which is comparable to the FDD Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of COLO and FDD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

COLO vs. FDD - Drawdown Comparison

The maximum COLO drawdown since its inception was -78.91%, which is greater than FDD's maximum drawdown of -74.77%. Use the drawdown chart below to compare losses from any high point for COLO and FDD.

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Drawdown Indicators

COLOFDDDifference

Max Drawdown

Largest peak-to-trough decline

-78.91%

-74.77%

-4.14%

Max Drawdown (1Y)

Largest decline over 1 year

-17.79%

-9.39%

-8.40%

Max Drawdown (3Y)

Largest decline over 3 years

-18.35%

-13.06%

-5.29%

Max Drawdown (5Y)

Largest decline over 5 years

-43.86%

-35.11%

-8.75%

Max Drawdown (10Y)

Largest decline over 10 years

-62.75%

-41.43%

-21.32%

Current Drawdown

Current decline from peak

-16.29%

-0.40%

-15.89%

Average Drawdown

Average peak-to-trough decline

-40.28%

-35.41%

-4.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.56%

2.83%

+3.73%

Volatility

COLO vs. FDD - Volatility Comparison

Global X MSCI Colombia ETF (COLO) has a higher volatility of 11.56% compared to First Trust STOXX European Select Dividend Index Fund (FDD) at 5.91%. This indicates that COLO's price experiences larger fluctuations and is considered to be riskier than FDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

COLOFDDDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.56%

5.91%

+5.65%

Volatility (6M)

Calculated over the trailing 6-month period

20.33%

12.98%

+7.35%

Volatility (1Y)

Calculated over the trailing 1-year period

23.03%

15.93%

+7.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.37%

18.48%

+4.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.47%

20.16%

+5.31%

COLO vs. FDD - Expense Ratio Comparison

COLO has a 0.62% expense ratio, which is higher than FDD's 0.58% expense ratio.

Dividends

COLO vs. FDD - Dividend Comparison

COLO's dividend yield for the trailing twelve months is around 6.09%, more than FDD's 3.48% yield.

PositionTTM20252024202320222021202020192018201720162015
COLO
Global X MSCI Colombia ETF		6.09%7.51%6.08%6.99%12.55%2.32%3.23%3.04%3.03%1.83%1.48%1.58%
FDD
First Trust STOXX European Select Dividend Index Fund		3.48%3.99%7.65%6.85%6.07%3.44%4.01%4.69%5.05%2.78%4.88%4.35%

Frequently Asked Questions

COLO and FDD have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

COLO has higher volatility (11.56%) compared to FDD (5.91%). In terms of maximum drawdown, COLO dropped -78.91% vs FDD's -74.77%.

On 10-year performance, FDD leads with 10.93% vs 7.08% for COLO. On fees, FDD is cheaper at 0.58% per year. On volatility, FDD has been the lower-risk option at 5.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, FDD has performed better with a 10.93% return vs 7.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FDD is cheaper with a 0.58% expense ratio, compared with 0.62% for COLO.

COLO has the higher dividend yield at 6.09%, compared with 3.48% for FDD.

COLO is categorized as Latin America Equities, while FDD is Europe Equities. COLO tracks MSCI All Colombia Select 25/50 Index, while FDD tracks STOXX Europe Select Dividend 30. They also come from different issuers: Global X and First Trust. Their fees differ too: 0.62% for COLO and 0.58% for FDD.

COLO currently has the higher Sharpe Ratio (2.67 vs 2.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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