FDN vs. OGIG
Compare and contrast key facts about First Trust Dow Jones Internet Index (FDN) and O’Shares Global Internet Giants ETF (OGIG).
FDN and OGIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDN is a passively managed fund by First Trust that tracks the performance of the Dow Jones Internet Index. It was launched on Jun 23, 2006. OGIG is a passively managed fund by O'Shares Investments that tracks the performance of the O’Shares Global Internet Giants Index. It was launched on Jun 5, 2018. Both FDN and OGIG 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: FDN or OGIG.
Key characteristics
| FDN | OGIG | |
|---|---|---|
| YTD Return | 24.11% | 22.19% |
| 1Y Return | 43.60% | 40.95% |
| 3Y Return (Ann) | -2.26% | -7.46% |
| 5Y Return (Ann) | 11.66% | 13.09% |
| Sharpe Ratio | 2.48 | 2.31 |
| Sortino Ratio | 3.18 | 2.97 |
| Omega Ratio | 1.43 | 1.39 |
| Calmar Ratio | 1.25 | 0.87 |
| Martin Ratio | 13.01 | 12.31 |
| Ulcer Index | 3.57% | 3.59% |
| Daily Std Dev | 18.74% | 19.16% |
| Max Drawdown | -61.55% | -66.05% |
| Current Drawdown | -8.22% | -29.95% |
Correlation
The correlation between FDN and OGIG is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FDN vs. OGIG - Performance Comparison
In the year-to-date period, FDN achieves a 24.11% return, which is significantly higher than OGIG's 22.19% 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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FDN vs. OGIG - Expense Ratio Comparison
FDN has a 0.52% expense ratio, which is higher than OGIG's 0.48% expense ratio.
Risk-Adjusted Performance
FDN vs. OGIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones Internet Index (FDN) and O’Shares Global Internet Giants ETF (OGIG). 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
FDN vs. OGIG - Dividend Comparison
Neither FDN nor OGIG has paid dividends to shareholders.
Drawdowns
FDN vs. OGIG - Drawdown Comparison
The maximum FDN drawdown since its inception was -61.55%, smaller than the maximum OGIG drawdown of -66.05%. Use the drawdown chart below to compare losses from any high point for FDN and OGIG. For additional features, visit the drawdowns tool.
Volatility
FDN vs. OGIG - Volatility Comparison
The current volatility for First Trust Dow Jones Internet Index (FDN) is 4.36%, while O’Shares Global Internet Giants ETF (OGIG) has a volatility of 4.94%. This indicates that FDN experiences smaller price fluctuations and is considered to be less risky than OGIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.