EPIN vs. FDT

Last updated Jul 17, 2026

EPIN (Harbor International Equity ETF) and FDT (First Trust Developed Markets ex-US AlphaDEX Fund) are both Foreign Large Cap Equities funds. EPIN is actively managed, while FDT is passively managed. Over the past year, EPIN returned 34.90% vs 35.51% for FDT. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.80% expense ratio.

Performance

EPIN vs. FDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor International Equity ETF (EPIN) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPIN achieves a 21.71% return, which is significantly higher than FDT's 14.96% return.

EPIN

• 1D: -1.31%
• 1M: -1.48%
• 6M: 14.51%
• YTD: 21.71%
• 1Y: 34.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FDT

• 1D: -1.45%
• 1M: -8.86%
• 6M: 8.25%
• YTD: 14.96%
• 1Y: 35.51%
• 3Y*: 23.63%
• 5Y*: 11.65%
• 10Y*: 9.99%

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

EPIN vs. FDT - Yearly Performance Comparison

	2026 (YTD)	2025
EPIN Harbor International Equity ETF	21.71%	14.36%
FDT First Trust Developed Markets ex-US AlphaDEX Fund	14.96%	23.08%

Correlation

The correlation between EPIN and FDT is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.85

The correlation between EPIN and FDT has been stable across timeframes, ranging from 0.85 to 0.85 - a consistent structural relationship.

EPIN vs. FDT - Sectors Allocation Comparison

Sectors	EPIN	FDT
Technology	34.1%	12.1%
Industrials	20.4%	32.4%
Financial Services	17.7%	9.9%
Basic Materials	7.3%	9.4%
Healthcare	6.6%	1.3%
Consumer Cyclical	6.1%	11.9%
Energy	4.2%	7.9%
Consumer Defensive	2.5%	2.5%
Communication Services	1.2%	2.8%
Real Estate	-	5.0%
Utilities	-	4.8%

Return for Risk

EPIN vs. FDT — Risk / Return Rank

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

EPIN

EPIN Risk / Return Rank: 72
EPIN Sharpe Ratio Rank: 72
EPIN Sortino Ratio Rank: 69
EPIN Omega Ratio Rank: 71
EPIN Calmar Ratio Rank: 74
EPIN Martin Ratio Rank: 75

FDT

FDT Risk / Return Rank: 65
FDT Sharpe Ratio Rank: 67
FDT Sortino Ratio Rank: 61
FDT Omega Ratio Rank: 68
FDT Calmar Ratio Rank: 67
FDT Martin Ratio Rank: 63

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.

EPIN vs. FDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor International Equity ETF (EPIN) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT). 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.

	EPIN	FDT	Difference
Sharpe ratio: Return per unit of total volatility	1.84	1.74	+0.11
Sortino ratio: Return per unit of downside risk	2.53	2.31	+0.21
Omega ratio: Gain probability vs. loss probability	1.33	1.32	+0.01
Calmar ratio: Return relative to maximum drawdown	3.01	2.66	+0.35
Martin ratio: Return relative to average drawdown	11.10	8.86	+2.24

EPIN vs. FDT - Sharpe Ratio Comparison

The current EPIN Sharpe Ratio is 1.84, which is comparable to the FDT Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of EPIN and FDT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EPIN vs. FDT - Drawdown Comparison

The maximum EPIN drawdown since its inception was -11.64%, smaller than the maximum FDT drawdown of -46.10%. Use the drawdown chart below to compare losses from any high point for EPIN and FDT.

Drawdown Indicators

	EPIN	FDT	Difference
Max Drawdown Largest peak-to-trough decline	-11.64%	-46.10%	+34.46%
Max Drawdown (1Y) Largest decline over 1 year	-11.64%	-13.41%	+1.77%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.80%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.10%	—
Current Drawdown Current decline from peak	-3.78%	-9.86%	+6.08%
Average Drawdown Average peak-to-trough decline	-1.84%	-10.73%	+8.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	4.02%	-0.87%

Volatility

EPIN vs. FDT - Volatility Comparison

The current volatility for Harbor International Equity ETF (EPIN) is 5.63%, while First Trust Developed Markets ex-US AlphaDEX Fund (FDT) has a volatility of 6.48%. This indicates that EPIN experiences smaller price fluctuations and is considered to be less risky than FDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPIN	FDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.63%	6.48%	-0.85%
Volatility (6M) Calculated over the trailing 6-month period	16.97%	18.46%	-1.49%
Volatility (1Y) Calculated over the trailing 1-year period	19.04%	20.55%	-1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.47%	18.62%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.47%	18.53%	-0.06%

EPIN vs. FDT - Expense Ratio Comparison

Both EPIN and FDT have an expense ratio of 0.80%.

Dividends

EPIN vs. FDT - Dividend Comparison

EPIN's dividend yield for the trailing twelve months is around 0.65%, less than FDT's 2.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPIN Harbor International Equity ETF	0.65%	0.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FDT First Trust Developed Markets ex-US AlphaDEX Fund	2.91%	3.27%	3.89%	4.36%	2.29%	3.80%	2.42%	2.78%	2.13%	1.57%	1.76%	1.83%

Frequently Asked Questions

Can I hold both EPIN and FDT in my portfolio?

EPIN and FDT have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPIN or FDT?

FDT has higher volatility (6.48%) compared to EPIN (5.63%). In terms of maximum drawdown, EPIN dropped -11.64% vs FDT's -46.10%.

Which ETF is better, EPIN or FDT?

On 1-year performance, FDT leads with 35.51% vs 34.90% for EPIN. Both ETFs have the same 0.80% expense ratio. On volatility, EPIN has been the lower-risk option at 5.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EPIN or FDT?

Over the 1-year period, FDT has performed better with a 35.51% return vs 34.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EPIN or FDT?

EPIN and FDT have the same expense ratio: 0.80% per year.

Which ETF pays a higher dividend yield, EPIN or FDT?

FDT has the higher dividend yield at 2.91%, compared with 0.65% for EPIN.

What is the main difference between EPIN and FDT?

They also come from different issuers: Harbor and First Trust.

Which has better risk-adjusted returns?

EPIN currently has the higher Sharpe Ratio (1.84 vs 1.74), 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.