FEP vs. FEUZ
Compare and contrast key facts about First Trust Europe AlphaDEX Fund (FEP) and First Trust Eurozone AlphaDEX ETF (FEUZ).
FEP and FEUZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEP is a passively managed fund by First Trust that tracks the performance of the Defined Europe Index. It was launched on Apr 26, 2011. FEUZ is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Eurozone Index. It was launched on Oct 22, 2014. Both FEP and FEUZ 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: FEP or FEUZ.
Correlation
The correlation between FEP and FEUZ is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FEP vs. FEUZ - Performance Comparison
Key characteristics
FEP:
0.98
FEUZ:
0.73
FEP:
1.48
FEUZ:
1.31
FEP:
1.20
FEUZ:
1.17
FEP:
1.32
FEUZ:
1.08
FEP:
4.50
FEUZ:
3.80
FEP:
4.64%
FEUZ:
5.11%
FEP:
20.34%
FEUZ:
25.56%
FEP:
-46.05%
FEUZ:
-48.08%
FEP:
0.00%
FEUZ:
0.00%
Returns By Period
In the year-to-date period, FEP achieves a 23.63% return, which is significantly lower than FEUZ's 25.32% return. Over the past 10 years, FEP has underperformed FEUZ with an annualized return of 6.12%, while FEUZ has yielded a comparatively higher 6.77% annualized return.
FEP
23.63%
13.35%
19.76%
19.73%
13.35%
6.12%
FEUZ
25.32%
9.97%
21.67%
18.57%
13.68%
6.77%
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FEP vs. FEUZ - Expense Ratio Comparison
Both FEP and FEUZ have an expense ratio of 0.80%.
Risk-Adjusted Performance
FEP vs. FEUZ — Risk-Adjusted Performance Rank
FEP
FEUZ
FEP vs. FEUZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Europe AlphaDEX Fund (FEP) and First Trust Eurozone AlphaDEX ETF (FEUZ). 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
FEP vs. FEUZ - Dividend Comparison
FEP's dividend yield for the trailing twelve months is around 3.62%, more than FEUZ's 1.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEP First Trust Europe AlphaDEX Fund | 3.62% | 4.94% | 3.27% | 3.00% | 3.49% | 2.32% | 2.63% | 2.62% | 1.65% | 2.14% | 2.20% | 2.46% |
FEUZ First Trust Eurozone AlphaDEX ETF | 1.81% | 2.01% | 2.96% | 3.14% | 2.52% | 1.46% | 1.93% | 2.46% | 1.29% | 2.12% | 1.09% | 0.02% |
Drawdowns
FEP vs. FEUZ - Drawdown Comparison
The maximum FEP drawdown since its inception was -46.05%, roughly equal to the maximum FEUZ drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for FEP and FEUZ. For additional features, visit the drawdowns tool.
Volatility
FEP vs. FEUZ - Volatility Comparison
The current volatility for First Trust Europe AlphaDEX Fund (FEP) is 4.68%, while First Trust Eurozone AlphaDEX ETF (FEUZ) has a volatility of 6.95%. This indicates that FEP experiences smaller price fluctuations and is considered to be less risky than FEUZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.