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FDN vs. WEBL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FDN vs. WEBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dow Jones Internet Index (FDN) and Daily Dow Jones Internet Bull 3X Shares (WEBL). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%JuneJulyAugustSeptemberOctoberNovember
18.45%
48.10%
FDN
WEBL

Returns By Period

In the year-to-date period, FDN achieves a 27.82% return, which is significantly lower than WEBL's 69.99% return.


FDN

YTD

27.82%

1M

8.79%

6M

18.45%

1Y

41.64%

5Y (annualized)

12.03%

10Y (annualized)

14.53%

WEBL

YTD

69.99%

1M

26.08%

6M

48.10%

1Y

127.45%

5Y (annualized)

0.79%

10Y (annualized)

N/A

Key characteristics


FDNWEBL
Sharpe Ratio2.312.42
Sortino Ratio2.952.62
Omega Ratio1.401.36
Calmar Ratio1.291.52
Martin Ratio11.9911.24
Ulcer Index3.59%11.87%
Daily Std Dev18.59%55.03%
Max Drawdown-61.55%-94.44%
Current Drawdown-5.47%-72.35%

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FDN vs. WEBL - Expense Ratio Comparison

FDN has a 0.52% expense ratio, which is lower than WEBL's 1.17% expense ratio.


WEBL
Daily Dow Jones Internet Bull 3X Shares
Expense ratio chart for WEBL: current value at 1.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.17%
Expense ratio chart for FDN: current value at 0.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.52%

Correlation

-0.50.00.51.01.0

The correlation between FDN and WEBL is 0.99, 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.

Risk-Adjusted Performance

FDN vs. WEBL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones Internet Index (FDN) and Daily Dow Jones Internet Bull 3X Shares (WEBL). 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 FDN, currently valued at 2.31, compared to the broader market0.002.004.002.312.42
The chart of Sortino ratio for FDN, currently valued at 2.95, compared to the broader market-2.000.002.004.006.008.0010.0012.002.952.62
The chart of Omega ratio for FDN, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.401.36
The chart of Calmar ratio for FDN, currently valued at 1.29, compared to the broader market0.005.0010.0015.001.291.52
The chart of Martin ratio for FDN, currently valued at 11.99, compared to the broader market0.0020.0040.0060.0080.00100.00120.0011.9911.24
FDN
WEBL

The current FDN Sharpe Ratio is 2.31, which is comparable to the WEBL Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of FDN and WEBL, 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 Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.31
2.42
FDN
WEBL

Dividends

FDN vs. WEBL - Dividend Comparison

Neither FDN nor WEBL has paid dividends to shareholders.


TTM20232022202120202019
FDN
First Trust Dow Jones Internet Index
0.00%0.00%0.00%0.00%0.00%0.00%
WEBL
Daily Dow Jones Internet Bull 3X Shares
0.00%0.00%0.00%4.79%0.00%0.06%

Drawdowns

FDN vs. WEBL - Drawdown Comparison

The maximum FDN drawdown since its inception was -61.55%, smaller than the maximum WEBL drawdown of -94.44%. Use the drawdown chart below to compare losses from any high point for FDN and WEBL. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.47%
-72.35%
FDN
WEBL

Volatility

FDN vs. WEBL - Volatility Comparison

The current volatility for First Trust Dow Jones Internet Index (FDN) is 5.45%, while Daily Dow Jones Internet Bull 3X Shares (WEBL) has a volatility of 16.06%. This indicates that FDN experiences smaller price fluctuations and is considered to be less risky than WEBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
5.45%
16.06%
FDN
WEBL