DGLO vs. SPCT

Last updated Jul 22, 2026

DGLO (First Trust RBA Deglobalization ETF) and SPCT (Liberty One Spectrum ETF) are both Large Cap Blend Equities funds. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. DGLO charges 0.70%/yr vs 0.85%/yr for SPCT.

Performance

DGLO vs. SPCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust RBA Deglobalization ETF (DGLO) and Liberty One Spectrum ETF (SPCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DGLO achieves a 18.09% return, which is significantly higher than SPCT's 9.14% return.

DGLO

• 1D: 0.88%
• 1M: 1.97%
• 6M: 10.92%
• YTD: 18.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SPCT

• 1D: 0.11%
• 1M: 1.86%
• 6M: 7.36%
• YTD: 9.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

DGLO vs. SPCT - Yearly Performance Comparison

	2026 (YTD)	2025
DGLO First Trust RBA Deglobalization ETF	18.09%	-0.25%
SPCT Liberty One Spectrum ETF	9.14%	1.93%

Correlation

The correlation between DGLO and SPCT is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.59

Return for Risk

DGLO vs. SPCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust RBA Deglobalization ETF (DGLO) and Liberty One Spectrum ETF (SPCT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

DGLO vs. SPCT - Drawdown Comparison

The maximum DGLO drawdown since its inception was -7.74%, which is greater than SPCT's maximum drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for DGLO and SPCT.

Drawdown Indicators

	DGLO	SPCT	Difference
Max Drawdown Largest peak-to-trough decline	-7.74%	-7.17%	-0.57%
Current Drawdown Current decline from peak	-0.06%	-0.71%	+0.65%
Average Drawdown Average peak-to-trough decline	-1.92%	-1.47%	-0.45%

Volatility

Volatility by Period

	DGLO	SPCT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.10%	9.23%	+5.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	9.23%	+5.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.10%	9.23%	+5.87%

DGLO vs. SPCT - Expense Ratio Comparison

DGLO has a 0.70% expense ratio, which is lower than SPCT's 0.85% expense ratio.

Dividends

DGLO vs. SPCT - Dividend Comparison

DGLO's dividend yield for the trailing twelve months is around 0.57%, less than SPCT's 0.78% yield.

Position	TTM	2025
DGLO First Trust RBA Deglobalization ETF	0.57%	0.39%
SPCT Liberty One Spectrum ETF	0.78%	0.16%

Frequently Asked Questions

Can I hold both DGLO and SPCT in my portfolio?

DGLO and SPCT have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DGLO or SPCT?

On fees, DGLO is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DGLO or SPCT?

DGLO is cheaper with a 0.70% expense ratio, compared with 0.85% for SPCT.

Which ETF pays a higher dividend yield, DGLO or SPCT?

SPCT has the higher dividend yield at 0.78%, compared with 0.57% for DGLO.

What is the main difference between DGLO and SPCT?

They also come from different issuers: First Trust and Liberty One. Their fees differ too: 0.70% for DGLO and 0.85% for SPCT.