FPE vs. DODIX
Compare and contrast key facts about First Trust Preferred Securities & Income ETF (FPE) and Dodge & Cox Income Fund (DODIX).
FPE is an actively managed fund by First Trust. It was launched on Feb 12, 2013. DODIX is managed by Dodge & Cox.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPE or DODIX.
Performance
FPE vs. DODIX - Performance Comparison
Returns By Period
In the year-to-date period, FPE achieves a 11.22% return, which is significantly higher than DODIX's 2.63% return. Over the past 10 years, FPE has outperformed DODIX with an annualized return of 5.03%, while DODIX has yielded a comparatively lower 2.59% annualized return.
FPE
11.22%
-0.87%
5.96%
16.84%
3.26%
5.03%
DODIX
2.63%
-0.87%
3.29%
7.70%
1.43%
2.59%
Key characteristics
| FPE | DODIX | |
|---|---|---|
| Sharpe Ratio | 3.70 | 1.32 |
| Sortino Ratio | 5.53 | 1.94 |
| Omega Ratio | 1.79 | 1.23 |
| Calmar Ratio | 1.40 | 0.77 |
| Martin Ratio | 27.55 | 4.75 |
| Ulcer Index | 0.60% | 1.64% |
| Daily Std Dev | 4.49% | 5.89% |
| Max Drawdown | -33.35% | -16.38% |
| Current Drawdown | -1.20% | -3.66% |
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FPE vs. DODIX - Expense Ratio Comparison
FPE has a 0.85% expense ratio, which is higher than DODIX's 0.41% expense ratio.
Correlation
The correlation between FPE and DODIX is 0.31, 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.
Risk-Adjusted Performance
FPE vs. DODIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Preferred Securities & Income ETF (FPE) and Dodge & Cox Income Fund (DODIX). 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
FPE vs. DODIX - Dividend Comparison
FPE's dividend yield for the trailing twelve months is around 5.09%, more than DODIX's 4.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPE First Trust Preferred Securities & Income ETF | 5.09% | 6.04% | 5.67% | 4.50% | 4.88% | 5.32% | 6.14% | 5.39% | 5.98% | 5.49% | 6.00% | 4.70% |
DODIX Dodge & Cox Income Fund | 4.17% | 3.86% | 2.84% | 1.89% | 2.44% | 3.04% | 3.00% | 2.76% | 3.11% | 3.03% | 3.84% | 3.07% |
Drawdowns
FPE vs. DODIX - Drawdown Comparison
The maximum FPE drawdown since its inception was -33.35%, which is greater than DODIX's maximum drawdown of -16.38%. Use the drawdown chart below to compare losses from any high point for FPE and DODIX. For additional features, visit the drawdowns tool.
Volatility
FPE vs. DODIX - Volatility Comparison
The current volatility for First Trust Preferred Securities & Income ETF (FPE) is 1.31%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.58%. This indicates that FPE experiences smaller price fluctuations and is considered to be less risky than DODIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.