FNY vs. VOT
Compare and contrast key facts about First Trust Mid Cap Growth AlphaDEX Fund (FNY) and Vanguard Mid-Cap Growth ETF (VOT).
FNY and VOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FNY is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Mid Cap Growth Index. It was launched on Apr 18, 2011. VOT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Mid Cap Growth Index. It was launched on Aug 17, 2006. Both FNY and VOT 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: FNY or VOT.
Correlation
The correlation between FNY and VOT is 0.91, 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.
Performance
FNY vs. VOT - Performance Comparison
Key characteristics
FNY:
1.09
VOT:
1.45
FNY:
1.56
VOT:
1.99
FNY:
1.19
VOT:
1.26
FNY:
1.13
VOT:
1.16
FNY:
6.02
VOT:
8.29
FNY:
3.27%
VOT:
2.64%
FNY:
18.20%
VOT:
15.09%
FNY:
-38.91%
VOT:
-60.17%
FNY:
-8.00%
VOT:
-5.42%
Returns By Period
The year-to-date returns for both stocks are quite close, with FNY having a 19.69% return and VOT slightly lower at 19.01%. Both investments have delivered pretty close results over the past 10 years, with FNY having a 10.90% annualized return and VOT not far behind at 10.56%.
FNY
19.69%
-6.99%
11.50%
19.20%
11.36%
10.90%
VOT
19.01%
-1.96%
12.90%
19.37%
11.16%
10.56%
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FNY vs. VOT - Expense Ratio Comparison
FNY has a 0.70% expense ratio, which is higher than VOT's 0.07% expense ratio.
Risk-Adjusted Performance
FNY vs. VOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Mid Cap Growth AlphaDEX Fund (FNY) and Vanguard Mid-Cap Growth ETF (VOT). 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
FNY vs. VOT - Dividend Comparison
FNY's dividend yield for the trailing twelve months is around 0.55%, more than VOT's 0.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNY First Trust Mid Cap Growth AlphaDEX Fund | 0.55% | 0.25% | 0.24% | 0.00% | 0.25% | 0.28% | 0.06% | 0.21% | 0.60% | 0.46% | 0.22% | 0.36% |
VOT Vanguard Mid-Cap Growth ETF | 0.46% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.81% | 0.79% | 0.61% |
Drawdowns
FNY vs. VOT - Drawdown Comparison
The maximum FNY drawdown since its inception was -38.91%, smaller than the maximum VOT drawdown of -60.17%. Use the drawdown chart below to compare losses from any high point for FNY and VOT. For additional features, visit the drawdowns tool.
Volatility
FNY vs. VOT - Volatility Comparison
First Trust Mid Cap Growth AlphaDEX Fund (FNY) has a higher volatility of 5.87% compared to Vanguard Mid-Cap Growth ETF (VOT) at 5.46%. This indicates that FNY's price experiences larger fluctuations and is considered to be riskier than VOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.