FJP vs. DGRW
Compare and contrast key facts about First Trust Japan AlphaDEX Fund (FJP) and WisdomTree U.S. Dividend Growth Fund (DGRW).
FJP and DGRW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FJP is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Japan Index. It was launched on Apr 18, 2011. DGRW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. Dividend Growth Index. It was launched on May 22, 2013. Both FJP and DGRW 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: FJP or DGRW.
Key characteristics
| FJP | DGRW | |
|---|---|---|
| YTD Return | 5.77% | 4.54% |
| 1Y Return | 22.11% | 19.24% |
| 3Y Return (Ann) | 3.05% | 9.56% |
| 5Y Return (Ann) | 3.62% | 12.92% |
| 10Y Return (Ann) | 3.91% | 12.33% |
| Sharpe Ratio | 1.36 | 1.76 |
| Daily Std Dev | 16.76% | 10.48% |
| Max Drawdown | -41.51% | -32.04% |
| Current Drawdown | -4.14% | -3.89% |
Correlation
The correlation between FJP and DGRW is 0.56, 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
FJP vs. DGRW - Performance Comparison
In the year-to-date period, FJP achieves a 5.77% return, which is significantly higher than DGRW's 4.54% return. Over the past 10 years, FJP has underperformed DGRW with an annualized return of 3.91%, while DGRW has yielded a comparatively higher 12.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FJP vs. DGRW - Expense Ratio Comparison
FJP has a 0.80% expense ratio, which is higher than DGRW's 0.28% expense ratio.
Risk-Adjusted Performance
FJP vs. DGRW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Japan AlphaDEX Fund (FJP) and WisdomTree U.S. Dividend Growth Fund (DGRW). 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
FJP vs. DGRW - Dividend Comparison
FJP's dividend yield for the trailing twelve months is around 3.72%, more than DGRW's 1.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJP First Trust Japan AlphaDEX Fund | 3.72% | 3.49% | 2.21% | 2.43% | 0.99% | 2.81% | 1.54% | 1.29% | 1.46% | 0.85% | 1.08% | 0.70% |
DGRW WisdomTree U.S. Dividend Growth Fund | 1.71% | 1.74% | 2.15% | 1.78% | 1.91% | 2.20% | 2.42% | 1.73% | 2.13% | 2.18% | 1.79% | 1.05% |
Drawdowns
FJP vs. DGRW - Drawdown Comparison
The maximum FJP drawdown since its inception was -41.51%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for FJP and DGRW. For additional features, visit the drawdowns tool.
Volatility
FJP vs. DGRW - Volatility Comparison
First Trust Japan AlphaDEX Fund (FJP) has a higher volatility of 5.34% compared to WisdomTree U.S. Dividend Growth Fund (DGRW) at 3.28%. This indicates that FJP's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.