FSZ vs. SPY
Compare and contrast key facts about First Trust Switzerland AlphaDEX Fund (FSZ) and SPDR S&P 500 ETF (SPY).
FSZ and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSZ is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Switzerland Index. It was launched on Feb 14, 2012. 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 FSZ 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: FSZ or SPY.
Correlation
The correlation between FSZ and SPY is 0.58, 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
FSZ vs. SPY - Performance Comparison
Key characteristics
FSZ:
0.61
SPY:
0.68
FSZ:
0.94
SPY:
0.98
FSZ:
1.11
SPY:
1.13
FSZ:
0.69
SPY:
0.95
FSZ:
1.65
SPY:
3.13
FSZ:
5.16%
SPY:
3.03%
FSZ:
13.95%
SPY:
13.89%
FSZ:
-33.97%
SPY:
-55.19%
FSZ:
-4.76%
SPY:
-7.62%
Returns By Period
In the year-to-date period, FSZ achieves a 8.09% return, which is significantly higher than SPY's -3.39% return. Over the past 10 years, FSZ has underperformed SPY with an annualized return of 7.39%, while SPY has yielded a comparatively higher 12.54% annualized return.
FSZ
8.09%
-0.50%
-2.75%
10.53%
13.50%
7.39%
SPY
-3.39%
-3.01%
-0.13%
10.19%
19.68%
12.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSZ vs. SPY - Expense Ratio Comparison
FSZ has a 0.80% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FSZ vs. SPY — Risk-Adjusted Performance Rank
FSZ
SPY
FSZ vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Switzerland AlphaDEX Fund (FSZ) 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
FSZ vs. SPY - Dividend Comparison
FSZ's dividend yield for the trailing twelve months is around 1.73%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSZ First Trust Switzerland AlphaDEX Fund | 1.73% | 1.80% | 2.11% | 4.28% | 1.92% | 1.53% | 2.01% | 2.29% | 1.49% | 1.93% | 1.08% | 1.89% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FSZ vs. SPY - Drawdown Comparison
The maximum FSZ drawdown since its inception was -33.97%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FSZ and SPY. For additional features, visit the drawdowns tool.
Volatility
FSZ vs. SPY - Volatility Comparison
The current volatility for First Trust Switzerland AlphaDEX Fund (FSZ) is 4.56%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.76%. This indicates that FSZ experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.