Correlation
The correlation between FPXI and FZILX is 0.68, 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. FZILX
Compare and contrast key facts about First Trust International Equity Opportunities ETF (FPXI) and Fidelity ZERO International Index Fund (FZILX).
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. FZILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPXI or FZILX.
Performance
FPXI vs. FZILX - Performance Comparison
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Key characteristics
FPXI:
0.55
FZILX:
0.91
FPXI:
0.81
FZILX:
1.21
FPXI:
1.11
FZILX:
1.17
FPXI:
0.24
FZILX:
0.97
FPXI:
2.00
FZILX:
3.03
FPXI:
5.41%
FZILX:
4.31%
FPXI:
22.17%
FZILX:
16.13%
FPXI:
-55.78%
FZILX:
-34.37%
FPXI:
-30.40%
FZILX:
-0.54%
Returns By Period
In the year-to-date period, FPXI achieves a 11.96% return, which is significantly lower than FZILX's 14.83% return.
FPXI
11.96%
5.96%
5.95%
11.99%
6.00%
3.55%
6.34%
FZILX
14.83%
5.09%
11.85%
13.75%
9.88%
10.58%
N/A
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FPXI vs. FZILX - Expense Ratio Comparison
FPXI has a 0.70% expense ratio, which is higher than FZILX's 0.00% expense ratio.
Risk-Adjusted Performance
FPXI vs. FZILX — Risk-Adjusted Performance Rank
FPXI
FZILX
FPXI vs. FZILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust International Equity Opportunities ETF (FPXI) and Fidelity ZERO International Index Fund (FZILX). 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.
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Dividends
FPXI vs. FZILX - Dividend Comparison
FPXI's dividend yield for the trailing twelve months is around 0.83%, less than FZILX's 2.61% 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% |
FZILX Fidelity ZERO International Index Fund | 2.61% | 3.00% | 2.98% | 2.71% | 2.61% | 1.64% | 2.83% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FPXI vs. FZILX - Drawdown Comparison
The maximum FPXI drawdown since its inception was -55.78%, which is greater than FZILX's maximum drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for FPXI and FZILX.
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Volatility
FPXI vs. FZILX - Volatility Comparison
First Trust International Equity Opportunities ETF (FPXI) and Fidelity ZERO International Index Fund (FZILX) have volatilities of 2.70% and 2.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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