FEX.L vs. FEXU.L
Compare and contrast key facts about First Trust US Large Cap Core AlphaDEX® UCITS ETF Class A USD (FEX.L) and First Trust US Large Cap Core AlphaDEX UCITS ETF (FEXU.L).
FEX.L and FEXU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEX.L is a passively managed fund by First Trust that tracks the performance of the Russell 1000 TR USD. It was launched on Apr 9, 2013. FEXU.L is a passively managed fund by First Trust that tracks the performance of the Russell 1000 TR USD. It was launched on Apr 9, 2013. Both FEX.L and FEXU.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FEX.L vs. FEXU.L - Performance Comparison
Loading graphics...
FEX.L vs. FEXU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEX.L First Trust US Large Cap Core AlphaDEX® UCITS ETF Class A USD | 2.88% | 7.34% | 18.68% | 8.36% | -1.83% | 28.60% | 9.66% | 22.13% | -5.90% | 10.65% |
FEXU.L First Trust US Large Cap Core AlphaDEX UCITS ETF | 2.98% | 7.02% | 18.72% | 8.91% | -1.84% | 28.02% | 10.20% | 21.26% | -5.74% | 11.01% |
Different Trading Currencies
FEX.L is traded in GBp, while FEXU.L is traded in USD. To make them comparable, the FEXU.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with FEX.L having a 2.88% return and FEXU.L slightly higher at 2.98%. Both investments have delivered pretty close results over the past 10 years, with FEX.L having a 12.33% annualized return and FEXU.L not far ahead at 12.36%.
FEX.L
- 1D
- -0.03%
- 1M
- -3.21%
- YTD
- 2.88%
- 6M
- 6.32%
- 1Y
- 17.01%
- 3Y*
- 13.16%
- 5Y*
- 10.45%
- 10Y*
- 12.33%
FEXU.L
- 1D
- -0.19%
- 1M
- -3.16%
- YTD
- 2.98%
- 6M
- 6.23%
- 1Y
- 16.89%
- 3Y*
- 13.00%
- 5Y*
- 10.42%
- 10Y*
- 12.36%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEX.L vs. FEXU.L - Expense Ratio Comparison
Both FEX.L and FEXU.L have an expense ratio of 0.75%.
Return for Risk
FEX.L vs. FEXU.L — Risk / Return Rank
FEX.L
FEXU.L
FEX.L vs. FEXU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust US Large Cap Core AlphaDEX® UCITS ETF Class A USD (FEX.L) and First Trust US Large Cap Core AlphaDEX UCITS ETF (FEXU.L). 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.
| FEX.L | FEXU.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | 1.07 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.55 | 1.48 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.21 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.33 | +0.02 |
Martin ratioReturn relative to average drawdown | 5.78 | 5.86 | -0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FEX.L | FEXU.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 1.07 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.67 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.71 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.73 | +0.05 |
Correlation
The correlation between FEX.L and FEXU.L is 0.92, 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.
Dividends
FEX.L vs. FEXU.L - Dividend Comparison
Neither FEX.L nor FEXU.L has paid dividends to shareholders.
Drawdowns
FEX.L vs. FEXU.L - Drawdown Comparison
The maximum FEX.L drawdown since its inception was -31.58%, roughly equal to the maximum FEXU.L drawdown of -32.12%. Use the drawdown chart below to compare losses from any high point for FEX.L and FEXU.L.
Loading graphics...
Drawdown Indicators
| FEX.L | FEXU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.58% | -39.38% | +7.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.86% | -13.14% | +1.28% |
Max Drawdown (5Y)Largest decline over 5 years | -21.34% | -20.80% | -0.54% |
Max Drawdown (10Y)Largest decline over 10 years | -31.58% | -39.38% | +7.80% |
Current DrawdownCurrent decline from peak | -3.70% | -5.46% | +1.76% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -4.60% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 2.56% | +0.20% |
Volatility
FEX.L vs. FEXU.L - Volatility Comparison
The current volatility for First Trust US Large Cap Core AlphaDEX® UCITS ETF Class A USD (FEX.L) is 3.33%, while First Trust US Large Cap Core AlphaDEX UCITS ETF (FEXU.L) has a volatility of 4.25%. This indicates that FEX.L experiences smaller price fluctuations and is considered to be less risky than FEXU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FEX.L | FEXU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 4.25% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 8.14% | 8.94% | -0.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.98% | 15.67% | -0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.56% | 15.63% | -1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.47% | 17.31% | -0.84% |