FTA vs. FNCMX
Compare and contrast key facts about First Trust Large Cap Value AlphaDEX Fund (FTA) and Fidelity NASDAQ Composite Index Fund (FNCMX).
FTA is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Large Cap Value Index. It was launched on May 8, 2007. FNCMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTA or FNCMX.
Correlation
The correlation between FTA and FNCMX is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FTA vs. FNCMX - Performance Comparison
Key characteristics
FTA:
1.02
FNCMX:
1.39
FTA:
1.52
FNCMX:
1.88
FTA:
1.18
FNCMX:
1.25
FTA:
1.31
FNCMX:
1.96
FTA:
3.57
FNCMX:
7.02
FTA:
3.45%
FNCMX:
3.66%
FTA:
12.10%
FNCMX:
18.53%
FTA:
-62.45%
FNCMX:
-55.71%
FTA:
-6.12%
FNCMX:
-3.15%
Returns By Period
In the year-to-date period, FTA achieves a 1.94% return, which is significantly higher than FNCMX's 1.18% return. Over the past 10 years, FTA has underperformed FNCMX with an annualized return of 7.71%, while FNCMX has yielded a comparatively higher 15.14% annualized return.
FTA
1.94%
-1.67%
1.21%
10.96%
9.33%
7.71%
FNCMX
1.18%
-2.37%
9.49%
22.47%
16.34%
15.14%
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FTA vs. FNCMX - Expense Ratio Comparison
FTA has a 0.60% expense ratio, which is higher than FNCMX's 0.29% expense ratio.
Risk-Adjusted Performance
FTA vs. FNCMX — Risk-Adjusted Performance Rank
FTA
FNCMX
FTA vs. FNCMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Large Cap Value AlphaDEX Fund (FTA) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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
FTA vs. FNCMX - Dividend Comparison
FTA's dividend yield for the trailing twelve months is around 1.98%, more than FNCMX's 0.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTA First Trust Large Cap Value AlphaDEX Fund | 1.98% | 2.02% | 2.10% | 2.15% | 1.54% | 2.03% | 1.88% | 2.28% | 1.53% | 1.56% | 2.05% | 1.79% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.60% | 0.61% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% |
Drawdowns
FTA vs. FNCMX - Drawdown Comparison
The maximum FTA drawdown since its inception was -62.45%, which is greater than FNCMX's maximum drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for FTA and FNCMX. For additional features, visit the drawdowns tool.
Volatility
FTA vs. FNCMX - Volatility Comparison
The current volatility for First Trust Large Cap Value AlphaDEX Fund (FTA) is 3.21%, while Fidelity NASDAQ Composite Index Fund (FNCMX) has a volatility of 5.44%. This indicates that FTA experiences smaller price fluctuations and is considered to be less risky than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.