FLN vs. DXJ
Compare and contrast key facts about First Trust Latin America AlphaDEX Fund (FLN) and WisdomTree Japan Hedged Equity Fund (DXJ).
FLN and DXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLN is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Latin America Index. It was launched on Apr 18, 2011. DXJ is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged Equity Index. It was launched on Jun 16, 2006. Both FLN and DXJ 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: FLN or DXJ.
Correlation
The correlation between FLN and DXJ is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FLN vs. DXJ - Performance Comparison
Key characteristics
FLN:
-0.07
DXJ:
-0.02
FLN:
0.06
DXJ:
0.14
FLN:
1.01
DXJ:
1.02
FLN:
-0.06
DXJ:
-0.02
FLN:
-0.13
DXJ:
-0.07
FLN:
12.10%
DXJ:
7.35%
FLN:
22.15%
DXJ:
25.66%
FLN:
-57.93%
DXJ:
-49.63%
FLN:
-10.32%
DXJ:
-10.44%
Returns By Period
In the year-to-date period, FLN achieves a 18.68% return, which is significantly higher than DXJ's -6.82% return. Over the past 10 years, FLN has underperformed DXJ with an annualized return of 3.98%, while DXJ has yielded a comparatively higher 9.33% annualized return.
FLN
18.68%
0.32%
3.25%
-1.92%
11.58%
3.98%
DXJ
-6.82%
-10.11%
-3.05%
0.40%
22.78%
9.33%
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FLN vs. DXJ - Expense Ratio Comparison
FLN has a 0.80% expense ratio, which is higher than DXJ's 0.48% expense ratio.
Risk-Adjusted Performance
FLN vs. DXJ — Risk-Adjusted Performance Rank
FLN
DXJ
FLN vs. DXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Latin America AlphaDEX Fund (FLN) and WisdomTree Japan Hedged Equity Fund (DXJ). 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
FLN vs. DXJ - Dividend Comparison
FLN's dividend yield for the trailing twelve months is around 4.84%, more than DXJ's 3.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLN First Trust Latin America AlphaDEX Fund | 4.84% | 6.26% | 4.17% | 5.57% | 4.70% | 1.63% | 1.91% | 3.08% | 10.27% | 1.06% | 2.34% | 3.96% |
DXJ WisdomTree Japan Hedged Equity Fund | 3.44% | 3.48% | 3.44% | 3.03% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% |
Drawdowns
FLN vs. DXJ - Drawdown Comparison
The maximum FLN drawdown since its inception was -57.93%, which is greater than DXJ's maximum drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for FLN and DXJ. For additional features, visit the drawdowns tool.
Volatility
FLN vs. DXJ - Volatility Comparison
The current volatility for First Trust Latin America AlphaDEX Fund (FLN) is 12.03%, while WisdomTree Japan Hedged Equity Fund (DXJ) has a volatility of 14.82%. This indicates that FLN experiences smaller price fluctuations and is considered to be less risky than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.