Correlation
The correlation between FNK and DISVX is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
FNK vs. DISVX
Compare and contrast key facts about First Trust Mid Cap Value AlphaDEX Fund (FNK) and DFA International Small Cap Value Portfolio (DISVX).
FNK is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Mid Cap Value Index. It was launched on Apr 19, 2011. DISVX is managed by Dimensional Fund Advisors LP. It was launched on Dec 28, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNK or DISVX.
Performance
FNK vs. DISVX - Performance Comparison
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Key characteristics
FNK:
-0.11
DISVX:
1.26
FNK:
-0.01
DISVX:
1.64
FNK:
1.00
DISVX:
1.24
FNK:
-0.11
DISVX:
1.50
FNK:
-0.32
DISVX:
4.93
FNK:
8.79%
DISVX:
4.16%
FNK:
23.55%
DISVX:
16.79%
FNK:
-50.70%
DISVX:
-60.61%
FNK:
-13.71%
DISVX:
0.00%
Returns By Period
In the year-to-date period, FNK achieves a -6.50% return, which is significantly lower than DISVX's 22.68% return. Over the past 10 years, FNK has underperformed DISVX with an annualized return of 6.35%, while DISVX has yielded a comparatively higher 6.85% annualized return.
FNK
-6.50%
4.92%
-13.13%
-2.64%
4.75%
15.48%
6.35%
DISVX
22.68%
6.37%
20.24%
20.90%
14.19%
16.19%
6.85%
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FNK vs. DISVX - Expense Ratio Comparison
FNK has a 0.70% expense ratio, which is higher than DISVX's 0.46% expense ratio.
Risk-Adjusted Performance
FNK vs. DISVX — Risk-Adjusted Performance Rank
FNK
DISVX
FNK vs. DISVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Mid Cap Value AlphaDEX Fund (FNK) and DFA International Small Cap Value Portfolio (DISVX). 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
FNK vs. DISVX - Dividend Comparison
FNK's dividend yield for the trailing twelve months is around 1.87%, less than DISVX's 3.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNK First Trust Mid Cap Value AlphaDEX Fund | 1.87% | 1.63% | 1.76% | 1.66% | 1.27% | 1.61% | 1.82% | 1.76% | 1.40% | 1.38% | 1.44% | 1.07% |
DISVX DFA International Small Cap Value Portfolio | 3.76% | 4.56% | 3.87% | 2.40% | 3.51% | 1.84% | 3.97% | 5.91% | 5.75% | 5.85% | 3.51% | 3.94% |
Drawdowns
FNK vs. DISVX - Drawdown Comparison
The maximum FNK drawdown since its inception was -50.70%, smaller than the maximum DISVX drawdown of -60.61%. Use the drawdown chart below to compare losses from any high point for FNK and DISVX.
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Volatility
FNK vs. DISVX - Volatility Comparison
First Trust Mid Cap Value AlphaDEX Fund (FNK) has a higher volatility of 6.78% compared to DFA International Small Cap Value Portfolio (DISVX) at 2.54%. This indicates that FNK's price experiences larger fluctuations and is considered to be riskier than DISVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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