FGD vs. VOO
Compare and contrast key facts about First Trust Dow Jones Global Select Dividend Index Fund (FGD) and Vanguard S&P 500 ETF (VOO).
FGD and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FGD is a passively managed fund by First Trust that tracks the performance of the Dow Jones Global Select Dividend Index. It was launched on Nov 21, 2007. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both FGD and VOO 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: FGD or VOO.
Key characteristics
| FGD | VOO | |
|---|---|---|
| YTD Return | 2.06% | 6.62% |
| 1Y Return | 8.89% | 25.71% |
| 3Y Return (Ann) | 1.23% | 8.15% |
| 5Y Return (Ann) | 5.01% | 13.32% |
| 10Y Return (Ann) | 3.00% | 12.46% |
| Sharpe Ratio | 0.70 | 2.13 |
| Daily Std Dev | 12.97% | 11.67% |
| Max Drawdown | -68.05% | -33.99% |
| Current Drawdown | -3.74% | -3.56% |
Correlation
The correlation between FGD and VOO is 0.77, 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
FGD vs. VOO - Performance Comparison
In the year-to-date period, FGD achieves a 2.06% return, which is significantly lower than VOO's 6.62% return. Over the past 10 years, FGD has underperformed VOO with an annualized return of 3.00%, while VOO has yielded a comparatively higher 12.46% annualized 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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FGD vs. VOO - Expense Ratio Comparison
FGD has a 0.59% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FGD vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones Global Select Dividend Index Fund (FGD) and Vanguard S&P 500 ETF (VOO). 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
FGD vs. VOO - Dividend Comparison
FGD's dividend yield for the trailing twelve months is around 5.92%, more than VOO's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGD First Trust Dow Jones Global Select Dividend Index Fund | 5.92% | 6.44% | 5.74% | 5.35% | 6.17% | 5.19% | 5.88% | 4.01% | 4.36% | 5.07% | 5.18% | 4.51% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FGD vs. VOO - Drawdown Comparison
The maximum FGD drawdown since its inception was -68.05%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FGD and VOO. For additional features, visit the drawdowns tool.
Volatility
FGD vs. VOO - Volatility Comparison
First Trust Dow Jones Global Select Dividend Index Fund (FGD) has a higher volatility of 4.31% compared to Vanguard S&P 500 ETF (VOO) at 4.04%. This indicates that FGD's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.