FDT vs. JNUSX

Last updated Aug 2, 2026

FDT (First Trust Developed Markets ex-US AlphaDEX Fund) and JNUSX (JPMorgan International Value Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, FDT returned 9.69%/yr vs 11.48%/yr for JNUSX. Their correlation of 0.88 means they have usually moved in the same direction. FDT charges 0.80%/yr vs 0.63%/yr for JNUSX.

Performance

FDT vs. JNUSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Developed Markets ex-US AlphaDEX Fund (FDT) and JPMorgan International Value Fund (JNUSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDT achieves a 14.23% return, which is significantly lower than JNUSX's 17.30% return. Over the past 10 years, FDT has underperformed JNUSX with an annualized return of 9.69%, while JNUSX has yielded a comparatively higher 11.48% annualized return.

FDT

• 1D: -0.76%
• 1M: -4.05%
• 6M: 3.93%
• YTD: 14.23%
• 1Y: 33.19%
• 3Y*: 22.82%
• 5Y*: 11.18%
• 10Y*: 9.69%
• ALL TIME*: 6.57%

JNUSX

• 1D: 2.27%
• 1M: 5.29%
• 6M: 9.80%
• YTD: 17.30%
• 1Y: 38.09%
• 3Y*: 25.84%
• 5Y*: 17.10%
• 10Y*: 11.48%
• ALL TIME*: 5.89%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDT First Trust Developed Markets ex-US AlphaDEX Fund	$16.56M	$12.50M	$12.04M
JNUSX JPMorgan International Value Fund	$0.00	$0.00	$0.00

FDT vs. JNUSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDT First Trust Developed Markets ex-US AlphaDEX Fund	14.23%	52.21%	6.97%	15.03%	-19.51%	11.43%	4.29%	16.82%	-19.98%	34.42%
JNUSX JPMorgan International Value Fund	17.30%	48.51%	9.94%	19.06%	-5.17%	16.55%	-3.92%	15.55%	-18.62%	22.26%

Correlation

The correlation between FDT and JNUSX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.79
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.88
Correlation (10Y) Provides a long-term view across more market conditions.	0.87
Correlation (All Time) Calculated using the full available price history since Apr 19, 2011	0.88

The correlation between FDT and JNUSX has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.

Return for Risk

FDT vs. JNUSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDT

FDT Risk / Return Rank: 68
FDT Sharpe Ratio Rank: 70
FDT Sortino Ratio Rank: 66
FDT Omega Ratio Rank: 72
FDT Calmar Ratio Rank: 71
FDT Martin Ratio Rank: 61

JNUSX

JNUSX Risk / Return Rank: 92
JNUSX Sharpe Ratio Rank: 96
JNUSX Sortino Ratio Rank: 93
JNUSX Omega Ratio Rank: 90
JNUSX Calmar Ratio Rank: 91
JNUSX Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDT vs. JNUSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Developed Markets ex-US AlphaDEX Fund (FDT) and JPMorgan International Value Fund (JNUSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FDT	JNUSX	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.72	-1.13
Sortino ratio: Return per unit of downside risk	2.17	3.74	-1.56
Omega ratio: Gain probability vs. loss probability	1.30	1.49	-0.19
Calmar ratio: Return relative to maximum drawdown	2.48	3.48	-1.01
Martin ratio: Return relative to average drawdown	7.32	12.78	-5.45

FDT vs. JNUSX - Sharpe Ratio Comparison

The current FDT Sharpe Ratio is 1.60, which is lower than the JNUSX Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of FDT and JNUSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDT vs. JNUSX - Drawdown Comparison

The maximum FDT drawdown since its inception was -46.10%, smaller than the maximum JNUSX drawdown of -62.24%. Use the drawdown chart below to compare losses from any high point for FDT and JNUSX.

Drawdown Indicators

	FDT	JNUSX	Difference
Max Drawdown Largest peak-to-trough decline	-46.10%	-62.24%	+16.14%
Max Drawdown (1Y) Largest decline over 1 year	-13.41%	-10.99%	-2.42%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	-13.66%	-0.63%
Max Drawdown (5Y) Largest decline over 5 years	-32.80%	-27.49%	-5.31%
Max Drawdown (10Y) Largest decline over 10 years	-46.10%	-48.34%	+2.24%
Current Drawdown Current decline from peak	-10.43%	0.00%	-10.43%
Average Drawdown Average peak-to-trough decline	-10.73%	-15.21%	+4.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.52%	2.99%	+1.53%

Volatility

FDT vs. JNUSX - Volatility Comparison

First Trust Developed Markets ex-US AlphaDEX Fund (FDT) has a higher volatility of 6.33% compared to JPMorgan International Value Fund (JNUSX) at 4.03%. This indicates that FDT's price experiences larger fluctuations and is considered to be riskier than JNUSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDT	JNUSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	4.03%	+2.30%
Volatility (6M) Calculated over the trailing 6-month period	18.77%	11.72%	+7.05%
Volatility (1Y) Calculated over the trailing 1-year period	20.77%	14.10%	+6.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.67%	16.08%	+2.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.57%	17.53%	+1.04%

FDT vs. JNUSX - Expense Ratio Comparison

FDT has a 0.80% expense ratio, which is higher than JNUSX's 0.63% expense ratio.

Dividends

FDT vs. JNUSX - Dividend Comparison

FDT's dividend yield for the trailing twelve months is around 2.93%, more than JNUSX's 2.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDT First Trust Developed Markets ex-US AlphaDEX Fund	2.93%	3.27%	3.89%	4.36%	2.29%	3.80%	2.42%	2.78%	2.13%	1.57%	1.76%	1.83%
JNUSX JPMorgan International Value Fund	2.49%	2.92%	4.51%	5.14%	3.93%	5.02%	2.89%	4.22%	4.56%	2.44%	6.43%	1.38%

Frequently Asked Questions

Can I hold both FDT and JNUSX in my portfolio?

FDT and JNUSX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDT or JNUSX?

FDT has higher volatility (6.33%) compared to JNUSX (4.03%). In terms of maximum drawdown, FDT dropped -46.10% vs JNUSX's -62.24%.

Which has better risk-adjusted returns?

JNUSX currently has the higher Sharpe Ratio (2.72 vs 1.60), 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.