Correlation
The correlation between FPXI and FPX is 0.63, 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.
FPXI vs. FPX
Compare and contrast key facts about First Trust International Equity Opportunities ETF (FPXI) and First Trust US Equity Opportunities ETF (FPX).
FPXI and FPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FPXI is a passively managed fund by First Trust that tracks the performance of the IPOX International Index. It was launched on Nov 5, 2014. FPX is a passively managed fund by First Trust that tracks the performance of the IPOX-100 U.S. Index. It was launched on Apr 12, 2006. Both FPXI and FPX 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: FPXI or FPX.
Performance
FPXI vs. FPX - Performance Comparison
Loading data...
Key characteristics
FPXI:
0.55
FPX:
1.14
FPXI:
0.81
FPX:
1.56
FPXI:
1.11
FPX:
1.21
FPXI:
0.24
FPX:
1.09
FPXI:
2.00
FPX:
3.36
FPXI:
5.41%
FPX:
10.15%
FPXI:
22.17%
FPX:
32.18%
FPXI:
-55.78%
FPX:
-56.29%
FPXI:
-30.40%
FPX:
-4.35%
Returns By Period
In the year-to-date period, FPXI achieves a 11.96% return, which is significantly lower than FPX's 14.88% return. Over the past 10 years, FPXI has underperformed FPX with an annualized return of 6.34%, while FPX has yielded a comparatively higher 10.23% annualized return.
FPXI
11.96%
5.96%
5.95%
11.99%
6.00%
3.55%
6.34%
FPX
14.88%
13.91%
6.93%
37.92%
15.01%
11.58%
10.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FPXI vs. FPX - Expense Ratio Comparison
FPXI has a 0.70% expense ratio, which is higher than FPX's 0.57% expense ratio.
Risk-Adjusted Performance
FPXI vs. FPX — Risk-Adjusted Performance Rank
FPXI
FPX
FPXI vs. FPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust International Equity Opportunities ETF (FPXI) and First Trust US Equity Opportunities ETF (FPX). 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.
Loading data...
Dividends
FPXI vs. FPX - Dividend Comparison
FPXI's dividend yield for the trailing twelve months is around 0.83%, more than FPX's 0.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPXI First Trust International Equity Opportunities ETF | 0.83% | 0.93% | 0.71% | 1.13% | 0.71% | 0.18% | 0.67% | 1.75% | 0.75% | 1.78% | 1.34% | 0.04% |
FPX First Trust US Equity Opportunities ETF | 0.08% | 0.09% | 0.27% | 1.08% | 0.14% | 0.28% | 0.67% | 0.88% | 0.68% | 0.77% | 0.62% | 0.79% |
Drawdowns
FPXI vs. FPX - Drawdown Comparison
The maximum FPXI drawdown since its inception was -55.78%, roughly equal to the maximum FPX drawdown of -56.29%. Use the drawdown chart below to compare losses from any high point for FPXI and FPX.
Loading data...
Volatility
FPXI vs. FPX - Volatility Comparison
The current volatility for First Trust International Equity Opportunities ETF (FPXI) is 2.70%, while First Trust US Equity Opportunities ETF (FPX) has a volatility of 7.48%. This indicates that FPXI experiences smaller price fluctuations and is considered to be less risky than FPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...