Correlation
The correlation between FGM and VGT is 0.59, 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.
FGM vs. VGT
Compare and contrast key facts about First Trust Germany AlphaDEX Fund (FGM) and Vanguard Information Technology ETF (VGT).
FGM and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FGM is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Germany Index. It was launched on Feb 14, 2012. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004. Both FGM and VGT 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: FGM or VGT.
Performance
FGM vs. VGT - Performance Comparison
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Key characteristics
FGM:
1.71
VGT:
0.47
FGM:
2.37
VGT:
0.71
FGM:
1.31
VGT:
1.10
FGM:
1.12
VGT:
0.40
FGM:
8.00
VGT:
1.29
FGM:
4.85%
VGT:
8.45%
FGM:
23.64%
VGT:
30.25%
FGM:
-51.58%
VGT:
-54.63%
FGM:
-0.55%
VGT:
-6.19%
Returns By Period
In the year-to-date period, FGM achieves a 42.59% return, which is significantly higher than VGT's -2.36% return. Over the past 10 years, FGM has underperformed VGT with an annualized return of 5.83%, while VGT has yielded a comparatively higher 19.78% annualized return.
FGM
42.59%
9.17%
41.92%
39.81%
13.40%
9.79%
5.83%
VGT
-2.36%
10.36%
-2.31%
13.93%
19.73%
19.26%
19.78%
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FGM vs. VGT - Expense Ratio Comparison
FGM has a 0.80% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
FGM vs. VGT — Risk-Adjusted Performance Rank
FGM
VGT
FGM vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Germany AlphaDEX Fund (FGM) and Vanguard Information Technology ETF (VGT). 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.
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Dividends
FGM vs. VGT - Dividend Comparison
FGM's dividend yield for the trailing twelve months is around 1.52%, more than VGT's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGM First Trust Germany AlphaDEX Fund | 1.52% | 2.56% | 2.82% | 5.44% | 1.43% | 1.33% | 2.30% | 2.18% | 2.11% | 1.33% | 1.13% | 1.92% |
VGT Vanguard Information Technology ETF | 0.53% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
FGM vs. VGT - Drawdown Comparison
The maximum FGM drawdown since its inception was -51.58%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FGM and VGT.
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Volatility
FGM vs. VGT - Volatility Comparison
The current volatility for First Trust Germany AlphaDEX Fund (FGM) is 5.16%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.70%. This indicates that FGM experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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