Correlation
The correlation between FPXI and FPXE 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. FPXE
Compare and contrast key facts about First Trust International Equity Opportunities ETF (FPXI) and First Trust IPOX Europe Equity Opportunities ETF (FPXE).
FPXI and FPXE 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. 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. Both FPXI and FPXE 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 FPXE.
Performance
FPXI vs. FPXE - Performance Comparison
Loading data...
Key characteristics
FPXI:
0.55
FPXE:
0.81
FPXI:
0.81
FPXE:
1.19
FPXI:
1.11
FPXE:
1.16
FPXI:
0.24
FPXE:
0.63
FPXI:
2.00
FPXE:
3.72
FPXI:
5.41%
FPXE:
4.56%
FPXI:
22.17%
FPXE:
22.35%
FPXI:
-55.78%
FPXE:
-49.55%
FPXI:
-30.40%
FPXE:
-5.01%
Returns By Period
In the year-to-date period, FPXI achieves a 11.96% return, which is significantly lower than FPXE's 17.21% return.
FPXI
11.96%
6.11%
5.95%
12.11%
6.00%
3.55%
6.34%
FPXE
17.21%
8.73%
12.30%
17.96%
12.44%
7.84%
N/A
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. FPXE - Expense Ratio Comparison
Both FPXI and FPXE have an expense ratio of 0.70%.
Risk-Adjusted Performance
FPXI vs. FPXE — Risk-Adjusted Performance Rank
FPXI
FPXE
FPXI vs. FPXE - 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 IPOX Europe Equity Opportunities ETF (FPXE). 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. FPXE - Dividend Comparison
FPXI's dividend yield for the trailing twelve months is around 0.83%, less than FPXE's 1.59% 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% | 1.79% | 1.34% | 0.04% |
FPXE First Trust IPOX Europe Equity Opportunities ETF | 1.59% | 2.10% | 2.02% | 1.82% | 0.47% | 1.35% | 2.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FPXI vs. FPXE - Drawdown Comparison
The maximum FPXI drawdown since its inception was -55.78%, which is greater than FPXE's maximum drawdown of -49.55%. Use the drawdown chart below to compare losses from any high point for FPXI and FPXE.
Loading data...
Volatility
FPXI vs. FPXE - Volatility Comparison
The current volatility for First Trust International Equity Opportunities ETF (FPXI) is 2.70%, while First Trust IPOX Europe Equity Opportunities ETF (FPXE) has a volatility of 3.60%. This indicates that FPXI experiences smaller price fluctuations and is considered to be less risky than FPXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...