FBZ vs. VOO
Compare and contrast key facts about First Trust Brazil AlphaDEX Fund (FBZ) and Vanguard S&P 500 ETF (VOO).
FBZ and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBZ is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Brazil Index. It was launched on Apr 18, 2011. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both FBZ and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBZ or VOO.
Key characteristics
| FBZ | VOO | |
|---|---|---|
| YTD Return | -5.16% | 6.62% |
| 1Y Return | 22.79% | 25.71% |
| 3Y Return (Ann) | 3.10% | 8.15% |
| 5Y Return (Ann) | 3.42% | 13.32% |
| 10Y Return (Ann) | 1.88% | 12.46% |
| Sharpe Ratio | 1.05 | 2.13 |
| Daily Std Dev | 22.66% | 11.67% |
| Max Drawdown | -72.41% | -33.99% |
| Current Drawdown | -16.62% | -3.56% |
Correlation
The correlation between FBZ and VOO is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FBZ vs. VOO - Performance Comparison
In the year-to-date period, FBZ achieves a -5.16% return, which is significantly lower than VOO's 6.62% return. Over the past 10 years, FBZ has underperformed VOO with an annualized return of 1.88%, while VOO has yielded a comparatively higher 12.46% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FBZ vs. VOO - Expense Ratio Comparison
FBZ has a 0.80% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FBZ vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Brazil AlphaDEX Fund (FBZ) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
FBZ vs. VOO - Dividend Comparison
FBZ's dividend yield for the trailing twelve months is around 4.32%, more than VOO's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBZ First Trust Brazil AlphaDEX Fund | 4.32% | 8.57% | 9.94% | 6.74% | 2.57% | 9.07% | 12.90% | 12.53% | 1.71% | 3.86% | 4.73% | 2.70% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FBZ vs. VOO - Drawdown Comparison
The maximum FBZ drawdown since its inception was -72.41%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FBZ and VOO. For additional features, visit the drawdowns tool.
Volatility
FBZ vs. VOO - Volatility Comparison
First Trust Brazil AlphaDEX Fund (FBZ) has a higher volatility of 7.59% compared to Vanguard S&P 500 ETF (VOO) at 4.04%. This indicates that FBZ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.