FDND vs. FTXL

Last updated Jun 4, 2026

FDND (FT Vest Dow Jones Internet & Target Income ETF) and FTXL (First Trust Nasdaq Semiconductor ETF) are both exchange-traded funds - FDND is a Technology Equities fund actively managed by FT Vest, while FTXL is a Semiconductors fund tracking the Nasdaq U.S. Smart Semiconductor Index. FDND is actively managed, while FTXL is passively managed. Over the past year, FDND returned 7.37% vs 225.15% for FTXL. At a 0.48 correlation, their price movements are largely independent. FDND charges 0.75%/yr vs 0.60%/yr for FTXL.

Performance

FDND vs. FTXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Dow Jones Internet & Target Income ETF (FDND) and First Trust Nasdaq Semiconductor ETF (FTXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDND achieves a 2.42% return, which is significantly lower than FTXL's 115.70% return.

FDND

• 1D: -1.99%
• 1M: 3.57%
• YTD: 2.42%
• 6M: 1.71%
• 1Y: 7.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTXL

• 1D: 2.21%
• 1M: 30.59%
• YTD: 115.70%
• 6M: 113.17%
• 1Y: 225.15%
• 3Y*: 61.52%
• 5Y*: 34.63%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDND vs. FTXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FDND FT Vest Dow Jones Internet & Target Income ETF	2.42%	9.69%	15.85%
FTXL First Trust Nasdaq Semiconductor ETF	115.70%	48.94%	-3.21%

Correlation

The correlation between FDND and FTXL is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (All Time) Calculated using the full available price history since Mar 22, 2024	0.48

The correlation between FDND and FTXL shifts across timeframes, from 0.32 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FDND vs. FTXL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDND

FDND Risk / Return Rank: 14
FDND Sharpe Ratio Rank: 15
FDND Sortino Ratio Rank: 14
FDND Omega Ratio Rank: 14
FDND Calmar Ratio Rank: 13
FDND Martin Ratio Rank: 13

FTXL

FTXL Risk / Return Rank: 97
FTXL Sharpe Ratio Rank: 98
FTXL Sortino Ratio Rank: 96
FTXL Omega Ratio Rank: 96
FTXL Calmar Ratio Rank: 98
FTXL Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDND vs. FTXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Dow Jones Internet & Target Income ETF (FDND) and First Trust Nasdaq Semiconductor ETF (FTXL). 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.

	FDND	FTXL	Difference
Sharpe ratio: Return per unit of total volatility	0.40	6.33	-5.92
Sortino ratio: Return per unit of downside risk	0.66	5.74	-5.09
Omega ratio: Gain probability vs. loss probability	1.08	1.78	-0.70
Calmar ratio: Return relative to maximum drawdown	0.36	15.62	-15.26
Martin ratio: Return relative to average drawdown	0.88	58.28	-57.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDND vs. FTXL - Sharpe Ratio Comparison

The current FDND Sharpe Ratio is 0.40, which is lower than the FTXL Sharpe Ratio of 6.33. The chart below compares the historical Sharpe Ratios of FDND and FTXL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDND	FTXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	6.33	-5.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.94	-0.34

Drawdowns

FDND vs. FTXL - Drawdown Comparison

The maximum FDND drawdown since its inception was -24.12%, smaller than the maximum FTXL drawdown of -43.87%. Use the drawdown chart below to compare losses from any high point for FDND and FTXL.

Drawdown Indicators

	FDND	FTXL	Difference
Max Drawdown Largest peak-to-trough decline	-24.12%	-43.87%	+19.75%
Max Drawdown (1Y) Largest decline over 1 year	-20.49%	-14.51%	-5.98%
Max Drawdown (3Y) Largest decline over 3 years	—	-41.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-43.87%	—
Current Drawdown Current decline from peak	-4.24%	0.00%	-4.24%
Average Drawdown Average peak-to-trough decline	-5.67%	-10.56%	+4.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.39%	3.88%	+4.51%

Volatility

FDND vs. FTXL - Volatility Comparison

The current volatility for FT Vest Dow Jones Internet & Target Income ETF (FDND) is 5.29%, while First Trust Nasdaq Semiconductor ETF (FTXL) has a volatility of 14.28%. This indicates that FDND experiences smaller price fluctuations and is considered to be less risky than FTXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDND	FTXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.29%	14.28%	-8.99%
Volatility (6M) Calculated over the trailing 6-month period	14.07%	28.98%	-14.91%
Volatility (1Y) Calculated over the trailing 1-year period	18.28%	35.94%	-17.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.40%	36.02%	-14.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.40%	34.25%	-12.85%

FDND vs. FTXL - Expense Ratio Comparison

FDND has a 0.75% expense ratio, which is higher than FTXL's 0.60% expense ratio.

Dividends

FDND vs. FTXL - Dividend Comparison

FDND's dividend yield for the trailing twelve months is around 7.98%, more than FTXL's 0.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FDND FT Vest Dow Jones Internet & Target Income ETF	7.98%	8.11%	5.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTXL First Trust Nasdaq Semiconductor ETF	0.12%	0.28%	0.54%	0.60%	0.89%	0.25%	0.48%	0.92%	0.71%	0.47%	0.12%

Frequently Asked Questions

Can I hold both FDND and FTXL in my portfolio?

FDND and FTXL have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDND or FTXL?

FTXL has higher volatility (14.28%) compared to FDND (5.29%). In terms of maximum drawdown, FDND dropped -24.12% vs FTXL's -43.87%.

Which ETF is better, FDND or FTXL?

On 1-year performance, FTXL leads with 225.15% vs 7.37% for FDND. On fees, FTXL is cheaper at 0.60% per year. On volatility, FDND has been the lower-risk option at 5.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDND or FTXL?

Over the 1-year period, FTXL has performed better with a 225.15% return vs 7.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDND or FTXL?

FTXL is cheaper with a 0.60% expense ratio, compared with 0.75% for FDND.

Which ETF pays a higher dividend yield, FDND or FTXL?

FDND has the higher dividend yield at 7.98%, compared with 0.12% for FTXL.

What is the main difference between FDND and FTXL?

FDND is categorized as Technology Equities, while FTXL is Semiconductors. They also come from different issuers: FT Vest and First Trust. Their fees differ too: 0.75% for FDND and 0.60% for FTXL.

Which has better risk-adjusted returns?

FTXL currently has the higher Sharpe Ratio (6.33 vs 0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.