FDM vs. XLG
Compare and contrast key facts about First Trust Dow Jones Select MicroCap Index Fund (FDM) and Invesco S&P 500® Top 50 ETF (XLG).
FDM and XLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDM is a passively managed fund by First Trust that tracks the performance of the Dow Jones Select Microcap Index. It was launched on Sep 27, 2005. XLG is a passively managed fund by Invesco that tracks the performance of the Russell Top 50 Index. It was launched on May 10, 2005. Both FDM and XLG 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: FDM or XLG.
Correlation
The correlation between FDM and XLG is 0.67, 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
FDM vs. XLG - Performance Comparison
Key characteristics
FDM:
1.09
XLG:
2.20
FDM:
1.64
XLG:
2.88
FDM:
1.20
XLG:
1.40
FDM:
2.15
XLG:
3.03
FDM:
5.31
XLG:
12.09
FDM:
4.57%
XLG:
2.83%
FDM:
22.39%
XLG:
15.55%
FDM:
-63.45%
XLG:
-52.39%
FDM:
-2.93%
XLG:
-2.21%
Returns By Period
In the year-to-date period, FDM achieves a 3.68% return, which is significantly higher than XLG's 1.04% return. Over the past 10 years, FDM has underperformed XLG with an annualized return of 9.78%, while XLG has yielded a comparatively higher 15.41% annualized return.
FDM
3.68%
4.37%
7.30%
20.42%
9.13%
9.78%
XLG
1.04%
-0.02%
9.23%
30.76%
17.25%
15.41%
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FDM vs. XLG - Expense Ratio Comparison
FDM has a 0.60% expense ratio, which is higher than XLG's 0.20% expense ratio.
Risk-Adjusted Performance
FDM vs. XLG — Risk-Adjusted Performance Rank
FDM
XLG
FDM vs. XLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones Select MicroCap Index Fund (FDM) and Invesco S&P 500® Top 50 ETF (XLG). 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
FDM vs. XLG - Dividend Comparison
FDM's dividend yield for the trailing twelve months is around 1.50%, more than XLG's 0.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDM First Trust Dow Jones Select MicroCap Index Fund | 1.50% | 1.56% | 1.81% | 1.81% | 1.08% | 1.68% | 1.37% | 1.26% | 0.97% | 1.13% | 1.45% | 0.75% |
XLG Invesco S&P 500® Top 50 ETF | 0.71% | 0.72% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% | 1.97% |
Drawdowns
FDM vs. XLG - Drawdown Comparison
The maximum FDM drawdown since its inception was -63.45%, which is greater than XLG's maximum drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for FDM and XLG. For additional features, visit the drawdowns tool.
Volatility
FDM vs. XLG - Volatility Comparison
First Trust Dow Jones Select MicroCap Index Fund (FDM) has a higher volatility of 7.32% compared to Invesco S&P 500® Top 50 ETF (XLG) at 5.70%. This indicates that FDM's price experiences larger fluctuations and is considered to be riskier than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.