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FLN vs. IGLD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FLN vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Latin America AlphaDEX Fund (FLN) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

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FLN vs. IGLD - Yearly Performance Comparison


2026 (YTD)20252024202320222021
FLN
First Trust Latin America AlphaDEX Fund
13.57%55.05%-23.10%29.68%2.73%1.27%
IGLD
FT Cboe Vest Gold Strategy Target Income ETF
5.99%47.46%19.36%9.24%-2.34%4.30%

Returns By Period

In the year-to-date period, FLN achieves a 13.57% return, which is significantly higher than IGLD's 5.99% return.


FLN

1D
3.41%
1M
-4.91%
YTD
13.57%
6M
21.94%
1Y
53.52%
3Y*
19.30%
5Y*
12.67%
10Y*
9.71%

IGLD

1D
3.70%
1M
-10.43%
YTD
5.99%
6M
16.73%
1Y
38.18%
3Y*
24.46%
5Y*
15.50%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FLN vs. IGLD - Expense Ratio Comparison

FLN has a 0.80% expense ratio, which is lower than IGLD's 0.85% expense ratio.


Return for Risk

FLN vs. IGLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLN
FLN Risk / Return Rank: 9494
Overall Rank
FLN Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
FLN Sortino Ratio Rank: 9393
Sortino Ratio Rank
FLN Omega Ratio Rank: 9292
Omega Ratio Rank
FLN Calmar Ratio Rank: 9696
Calmar Ratio Rank
FLN Martin Ratio Rank: 9494
Martin Ratio Rank

IGLD
IGLD Risk / Return Rank: 8484
Overall Rank
IGLD Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
IGLD Sortino Ratio Rank: 8383
Sortino Ratio Rank
IGLD Omega Ratio Rank: 8484
Omega Ratio Rank
IGLD Calmar Ratio Rank: 8383
Calmar Ratio Rank
IGLD Martin Ratio Rank: 8686
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. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Latin America AlphaDEX Fund (FLN) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). 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.


FLNIGLDDifference

Sharpe ratio

Return per unit of total volatility

2.34

1.62

+0.73

Sortino ratio

Return per unit of downside risk

2.86

2.09

+0.77

Omega ratio

Gain probability vs. loss probability

1.41

1.32

+0.09

Calmar ratio

Return relative to maximum drawdown

4.60

2.25

+2.35

Martin ratio

Return relative to average drawdown

14.39

9.68

+4.71

FLN vs. IGLD - Sharpe Ratio Comparison

The current FLN Sharpe Ratio is 2.34, which is higher than the IGLD Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of FLN and IGLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FLNIGLDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.34

1.62

+0.73

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

1.05

-0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.35

Sharpe Ratio (All Time)

Calculated using the full available price history

0.09

1.05

-0.96

Correlation

The correlation between FLN and IGLD is 0.25, 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.


Dividends

FLN vs. IGLD - Dividend Comparison

FLN's dividend yield for the trailing twelve months is around 3.53%, less than IGLD's 12.45% yield.


TTM20252024202320222021202020192018201720162015
FLN
First Trust Latin America AlphaDEX Fund
3.53%3.40%6.26%4.17%5.57%4.70%1.64%1.91%3.08%10.28%1.06%2.34%
IGLD
FT Cboe Vest Gold Strategy Target Income ETF
12.45%9.91%20.81%7.85%4.45%2.24%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FLN vs. IGLD - Drawdown Comparison

The maximum FLN drawdown since its inception was -57.95%, which is greater than IGLD's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for FLN and IGLD.


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Drawdown Indicators


FLNIGLDDifference

Max Drawdown

Largest peak-to-trough decline

-57.95%

-18.59%

-39.36%

Max Drawdown (1Y)

Largest decline over 1 year

-11.42%

-17.56%

+6.14%

Max Drawdown (5Y)

Largest decline over 5 years

-25.95%

-18.59%

-7.36%

Max Drawdown (10Y)

Largest decline over 10 years

-57.75%

Current Drawdown

Current decline from peak

-5.74%

-11.57%

+5.83%

Average Drawdown

Average peak-to-trough decline

-19.07%

-5.01%

-14.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.65%

4.08%

-0.43%

Volatility

FLN vs. IGLD - Volatility Comparison

First Trust Latin America AlphaDEX Fund (FLN) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD) have volatilities of 11.49% and 11.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FLNIGLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.49%

11.19%

+0.30%

Volatility (6M)

Calculated over the trailing 6-month period

17.19%

21.21%

-4.02%

Volatility (1Y)

Calculated over the trailing 1-year period

22.97%

23.75%

-0.78%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.55%

14.90%

+7.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.73%

14.86%

+12.87%