FDN vs. VGT
Compare and contrast key facts about First Trust Dow Jones Internet Index (FDN) and Vanguard Information Technology ETF (VGT).
FDN and VGT 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. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004. Both FDN and VGT 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 VGT.
Key characteristics
| FDN | VGT | |
|---|---|---|
| YTD Return | 27.47% | 29.17% |
| 1Y Return | 47.73% | 40.51% |
| 3Y Return (Ann) | -1.40% | 12.36% |
| 5Y Return (Ann) | 12.40% | 22.93% |
| 10Y Return (Ann) | 14.39% | 20.94% |
| Sharpe Ratio | 2.68 | 2.10 |
| Sortino Ratio | 3.39 | 2.68 |
| Omega Ratio | 1.46 | 1.37 |
| Calmar Ratio | 1.38 | 2.90 |
| Martin Ratio | 14.05 | 10.47 |
| Ulcer Index | 3.57% | 4.22% |
| Daily Std Dev | 18.72% | 21.00% |
| Max Drawdown | -61.55% | -54.63% |
| Current Drawdown | -5.73% | -0.58% |
Correlation
The correlation between FDN and VGT is 0.86, 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. VGT - Performance Comparison
In the year-to-date period, FDN achieves a 27.47% return, which is significantly lower than VGT's 29.17% return. Over the past 10 years, FDN has underperformed VGT with an annualized return of 14.39%, while VGT has yielded a comparatively higher 20.94% 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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FDN vs. VGT - Expense Ratio Comparison
FDN has a 0.52% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
FDN vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones Internet Index (FDN) and Vanguard Information Technology ETF (VGT). 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. VGT - Dividend Comparison
FDN has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDN First Trust Dow Jones Internet Index | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
FDN vs. VGT - Drawdown Comparison
The maximum FDN drawdown since its inception was -61.55%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FDN and VGT. For additional features, visit the drawdowns tool.
Volatility
FDN vs. VGT - Volatility Comparison
The current volatility for First Trust Dow Jones Internet Index (FDN) is 4.92%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.38%. This indicates that FDN experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.