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FCA vs. DIVO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FCA and DIVO is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

FCA vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust China AlphaDEX Fund (FCA) and Amplify CWP Enhanced Dividend Income ETF (DIVO). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
0.70%
6.41%
FCA
DIVO

Key characteristics

Sharpe Ratio

FCA:

0.56

DIVO:

2.01

Sortino Ratio

FCA:

0.98

DIVO:

2.88

Omega Ratio

FCA:

1.13

DIVO:

1.37

Calmar Ratio

FCA:

0.42

DIVO:

3.21

Martin Ratio

FCA:

1.80

DIVO:

11.81

Ulcer Index

FCA:

9.95%

DIVO:

1.54%

Daily Std Dev

FCA:

32.19%

DIVO:

9.03%

Max Drawdown

FCA:

-45.55%

DIVO:

-30.04%

Current Drawdown

FCA:

-28.03%

DIVO:

-5.09%

Returns By Period

In the year-to-date period, FCA achieves a 13.06% return, which is significantly lower than DIVO's 16.26% return.


FCA

YTD

13.06%

1M

0.56%

6M

1.29%

1Y

17.05%

5Y*

-0.37%

10Y*

3.23%

DIVO

YTD

16.26%

1M

-1.94%

6M

7.12%

1Y

17.24%

5Y*

11.21%

10Y*

N/A

Compare stocks, funds, or ETFs

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


FCA vs. DIVO - Expense Ratio Comparison

FCA has a 0.80% expense ratio, which is higher than DIVO's 0.55% expense ratio.


FCA
First Trust China AlphaDEX Fund
Expense ratio chart for FCA: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%
Expense ratio chart for DIVO: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Risk-Adjusted Performance

FCA vs. DIVO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust China AlphaDEX Fund (FCA) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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.


Sharpe ratio
The chart of Sharpe ratio for FCA, currently valued at 0.61, compared to the broader market0.002.004.000.612.01
The chart of Sortino ratio for FCA, currently valued at 1.04, compared to the broader market-2.000.002.004.006.008.0010.001.042.88
The chart of Omega ratio for FCA, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.37
The chart of Calmar ratio for FCA, currently valued at 0.46, compared to the broader market0.005.0010.0015.000.463.21
The chart of Martin ratio for FCA, currently valued at 1.96, compared to the broader market0.0020.0040.0060.0080.00100.001.9611.81
FCA
DIVO

The current FCA Sharpe Ratio is 0.56, which is lower than the DIVO Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of FCA and DIVO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.61
2.01
FCA
DIVO

Dividends

FCA vs. DIVO - Dividend Comparison

FCA's dividend yield for the trailing twelve months is around 5.65%, more than DIVO's 4.63% yield.


TTM20232022202120202019201820172016201520142013
FCA
First Trust China AlphaDEX Fund
5.22%5.71%6.00%4.91%4.12%3.73%3.10%2.30%2.51%4.13%2.47%2.86%
DIVO
Amplify CWP Enhanced Dividend Income ETF
4.63%4.67%4.76%4.79%4.92%8.16%5.27%3.83%0.00%0.00%0.00%0.00%

Drawdowns

FCA vs. DIVO - Drawdown Comparison

The maximum FCA drawdown since its inception was -45.55%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for FCA and DIVO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-28.03%
-5.09%
FCA
DIVO

Volatility

FCA vs. DIVO - Volatility Comparison

First Trust China AlphaDEX Fund (FCA) has a higher volatility of 9.40% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 3.23%. This indicates that FCA's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
9.40%
3.23%
FCA
DIVO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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