FPXE vs. SPY
Compare and contrast key facts about First Trust IPOX Europe Equity Opportunities ETF (FPXE) and SPDR S&P 500 ETF (SPY).
FPXE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FPXE is a passively managed fund by First Trust that tracks the performance of the IPOX 100 Europe Index. It was launched on Oct 4, 2018. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both FPXE and SPY 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: FPXE or SPY.
Correlation
The correlation between FPXE and SPY is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FPXE vs. SPY - Performance Comparison
Key characteristics
FPXE:
1.14
SPY:
1.87
FPXE:
1.62
SPY:
2.52
FPXE:
1.20
SPY:
1.35
FPXE:
0.69
SPY:
2.81
FPXE:
6.28
SPY:
11.69
FPXE:
2.99%
SPY:
2.02%
FPXE:
16.57%
SPY:
12.65%
FPXE:
-49.55%
SPY:
-55.19%
FPXE:
-11.15%
SPY:
0.00%
Returns By Period
In the year-to-date period, FPXE achieves a 9.62% return, which is significantly higher than SPY's 4.58% return.
FPXE
9.62%
6.10%
7.37%
20.09%
6.46%
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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FPXE vs. SPY - Expense Ratio Comparison
FPXE has a 0.70% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FPXE vs. SPY — Risk-Adjusted Performance Rank
FPXE
SPY
FPXE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust IPOX Europe Equity Opportunities ETF (FPXE) and SPDR S&P 500 ETF (SPY). 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
FPXE vs. SPY - Dividend Comparison
FPXE's dividend yield for the trailing twelve months is around 1.91%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPXE First Trust IPOX Europe Equity Opportunities ETF | 1.91% | 2.10% | 2.02% | 1.82% | 0.47% | 1.35% | 2.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FPXE vs. SPY - Drawdown Comparison
The maximum FPXE drawdown since its inception was -49.55%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FPXE and SPY. For additional features, visit the drawdowns tool.
Volatility
FPXE vs. SPY - Volatility Comparison
First Trust IPOX Europe Equity Opportunities ETF (FPXE) has a higher volatility of 5.69% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that FPXE's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.