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FLN vs. CHILX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FLN vs. CHILX

Last updated Jun 23, 2026

FLN (First Trust Latin America AlphaDEX Fund) and CHILX (BlackRock China A Opportunities Fund) are both funds - FLN is a Latin America Equities fund tracking the NASDAQ AlphaDEX Latin America Index, while CHILX is a China Equities fund managed by BlackRock. Over the past 5 years, FLN returned 9.60%/yr vs 1.34%/yr for CHILX. At a 0.32 correlation, their price movements are largely independent. FLN charges 0.80%/yr vs 0.99%/yr for CHILX.

Performance

FLN vs. CHILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Latin America AlphaDEX Fund (FLN) and BlackRock China A Opportunities Fund (CHILX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FLN achieves a 11.71% return, which is significantly lower than CHILX's 14.73% return.

FLN

1D
0.58%
1M
-2.38%
YTD
11.71%
6M
14.85%
1Y
34.33%
3Y*
13.90%
5Y*
9.60%
10Y*
9.52%

CHILX

1D
1.39%
1M
2.76%
YTD
14.73%
6M
15.97%
1Y
42.70%
3Y*
13.23%
5Y*
1.34%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLN vs. CHILX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
FLN
First Trust Latin America AlphaDEX Fund		11.71%55.05%-23.10%29.68%2.73%-6.94%-12.27%21.50%
CHILX
BlackRock China A Opportunities Fund		14.73%26.30%15.44%-12.29%-28.54%3.54%48.69%48.44%

Correlation

The correlation between FLN and CHILX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.34

Correlation (3Y)
Calculated over the trailing 3-year period

0.29

Correlation (5Y)
Calculated over the trailing 5-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Jan 3, 2019

0.32

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Trust Latin America AlphaDEX Fund

BlackRock China A Opportunities Fund

Often compared with FLN:
FLN vs. ILFFLN vs. BRFFLN vs. FLLAFLN vs. BRAZFLN vs. EWZFLN vs. VOOFLN vs. flla
Often compared with CHILX:
CHILX vs. EWJVCHILX vs. VOOCHILX vs. CNYACHILX vs. SPYCHILX vs. IOOCHILX vs. EVCGXCHILX vs. CAF

Return for Risk

FLN vs. CHILX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FLN
FLN Risk / Return Rank: 4848
Overall Rank
FLN Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
FLN Sortino Ratio Rank: 4545
Sortino Ratio Rank
FLN Omega Ratio Rank: 4545
Omega Ratio Rank
FLN Calmar Ratio Rank: 5454
Calmar Ratio Rank
FLN Martin Ratio Rank: 4646
Martin Ratio Rank
CHILX
CHILX Risk / Return Rank: 8181
Overall Rank
CHILX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
CHILX Sortino Ratio Rank: 7272
Sortino Ratio Rank
CHILX Omega Ratio Rank: 7070
Omega Ratio Rank
CHILX Calmar Ratio Rank: 9494
Calmar Ratio Rank
CHILX Martin Ratio Rank: 8787
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLN vs. CHILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Latin America AlphaDEX Fund (FLN) and BlackRock China A Opportunities Fund (CHILX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FLNCHILXDifference
Sharpe ratioReturn per unit of total volatility
1.62
2.44

-0.82

Sortino ratioReturn per unit of downside risk
2.19
3.23

-1.03

Omega ratioGain probability vs. loss probability

1.28

1.42

-0.14

Calmar ratioReturn relative to maximum drawdown

2.63

4.97

-2.34

Martin ratioReturn relative to average drawdown

7.43

15.19

-7.75

FLN vs. CHILX - Sharpe Ratio Comparison

The current FLN Sharpe Ratio is 1.62, which is lower than the CHILX Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of FLN and CHILX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FLN vs. CHILX - Drawdown Comparison

The maximum FLN drawdown since its inception was -57.95%, which is greater than CHILX's maximum drawdown of -47.73%. Use the drawdown chart below to compare losses from any high point for FLN and CHILX.

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Drawdown Indicators

FLNCHILXDifference

Max Drawdown

Largest peak-to-trough decline

-57.95%

-47.73%

-10.22%

Max Drawdown (1Y)

Largest decline over 1 year

-13.10%

-8.54%

-4.56%

Max Drawdown (3Y)

Largest decline over 3 years

-25.23%

-22.59%

-2.64%

Max Drawdown (5Y)

Largest decline over 5 years

-25.95%

-43.88%

+17.93%

Max Drawdown (10Y)

Largest decline over 10 years

-57.75%

—

—

Current Drawdown

Current decline from peak

-9.96%

-4.02%

-5.94%

Average Drawdown

Average peak-to-trough decline

-18.87%

-20.37%

+1.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.63%

2.79%

+1.84%

Volatility

FLN vs. CHILX - Volatility Comparison

The current volatility for First Trust Latin America AlphaDEX Fund (FLN) is 5.54%, while BlackRock China A Opportunities Fund (CHILX) has a volatility of 7.27%. This indicates that FLN experiences smaller price fluctuations and is considered to be less risky than CHILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FLNCHILXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.54%

7.27%

-1.73%

Volatility (6M)

Calculated over the trailing 6-month period

17.91%

13.15%

+4.76%

Volatility (1Y)

Calculated over the trailing 1-year period

21.33%

17.44%

+3.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.65%

20.36%

+2.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.57%

21.87%

+5.70%

FLN vs. CHILX - Expense Ratio Comparison

FLN has a 0.80% expense ratio, which is lower than CHILX's 0.99% expense ratio.

Dividends

FLN vs. CHILX - Dividend Comparison

FLN's dividend yield for the trailing twelve months is around 3.59%, more than CHILX's 2.56% yield.

PositionTTM20252024202320222021202020192018201720162015
CHILX
BlackRock China A Opportunities Fund		2.56%2.94%2.11%2.02%0.92%1.19%3.64%12.77%0.00%0.00%0.00%0.00%
FLN
First Trust Latin America AlphaDEX Fund		3.59%3.40%6.26%4.17%5.57%4.70%1.64%1.91%3.08%10.28%1.06%2.34%

Frequently Asked Questions

FLN and CHILX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CHILX has higher volatility (7.27%) compared to FLN (5.54%). In terms of maximum drawdown, FLN dropped -57.95% vs CHILX's -47.73%.

CHILX currently has the higher Sharpe Ratio (2.44 vs 1.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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