FDT vs. FIDZX
Compare and contrast key facts about First Trust Developed Markets ex-US AlphaDEX Fund (FDT) and Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX).
FDT is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX DM Ex-US Index. It was launched on Apr 18, 2011. FIDZX is managed by Fidelity. It was launched on Feb 1, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDT or FIDZX.
Key characteristics
| FDT | FIDZX | |
|---|---|---|
| YTD Return | 9.89% | 12.38% |
| 1Y Return | 20.56% | 26.17% |
| 3Y Return (Ann) | 0.25% | -0.16% |
| 5Y Return (Ann) | 3.96% | 8.08% |
| Sharpe Ratio | 1.36 | 1.91 |
| Sortino Ratio | 1.82 | 2.70 |
| Omega Ratio | 1.24 | 1.34 |
| Calmar Ratio | 1.08 | 1.24 |
| Martin Ratio | 8.34 | 10.02 |
| Ulcer Index | 2.52% | 2.63% |
| Daily Std Dev | 15.45% | 13.81% |
| Max Drawdown | -46.10% | -39.59% |
| Current Drawdown | -4.10% | -3.51% |
Correlation
The correlation between FDT and FIDZX is 0.83, 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
FDT vs. FIDZX - Performance Comparison
In the year-to-date period, FDT achieves a 9.89% return, which is significantly lower than FIDZX's 12.38% 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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FDT vs. FIDZX - Expense Ratio Comparison
FDT has a 0.80% expense ratio, which is lower than FIDZX's 0.85% expense ratio.
Risk-Adjusted Performance
FDT vs. FIDZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Developed Markets ex-US AlphaDEX Fund (FDT) and Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX). 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
FDT vs. FIDZX - Dividend Comparison
FDT's dividend yield for the trailing twelve months is around 3.98%, more than FIDZX's 0.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDT First Trust Developed Markets ex-US AlphaDEX Fund | 3.98% | 4.36% | 2.29% | 3.80% | 2.42% | 2.78% | 2.13% | 1.57% | 1.76% | 1.83% | 1.74% | 1.88% |
FIDZX Fidelity Advisor International Capital Appreciation Fund Class Z | 0.41% | 0.46% | 0.00% | 0.00% | 0.19% | 0.63% | 0.67% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDT vs. FIDZX - Drawdown Comparison
The maximum FDT drawdown since its inception was -46.10%, which is greater than FIDZX's maximum drawdown of -39.59%. Use the drawdown chart below to compare losses from any high point for FDT and FIDZX. For additional features, visit the drawdowns tool.
Volatility
FDT vs. FIDZX - Volatility Comparison
The current volatility for First Trust Developed Markets ex-US AlphaDEX Fund (FDT) is 3.73%, while Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) has a volatility of 3.99%. This indicates that FDT experiences smaller price fluctuations and is considered to be less risky than FIDZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.