FTC vs. QARP

Last updated Jul 17, 2026

FTC (First Trust Large Cap Growth AlphaDEX Fund) and QARP (Xtrackers Russell 1000 US Quality at a Reasonable Price ETF) are both Large Cap Growth Equities funds - FTC tracks the NASDAQ AlphaDEX Large Cap Growth Index while QARP tracks the Russell 1000 2Qual/Val 5% Capped Factor Index. Both are passively managed. Over the past 5 years, FTC returned 10.89%/yr vs 12.09%/yr for QARP. Their correlation of 0.80 suggests significant overlap in exposure. FTC charges 0.60%/yr vs 0.19%/yr for QARP.

Performance

FTC vs. QARP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Large Cap Growth AlphaDEX Fund (FTC) and Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTC achieves a 10.98% return, which is significantly lower than QARP's 12.78% return.

FTC

• 1D: -1.95%
• 1M: -6.04%
• 6M: 7.10%
• YTD: 10.98%
• 1Y: 17.40%
• 3Y*: 19.89%
• 5Y*: 10.89%
• 10Y*: 13.77%

QARP

• 1D: 0.71%
• 1M: 1.10%
• 6M: 9.34%
• YTD: 12.78%
• 1Y: 25.00%
• 3Y*: 17.33%
• 5Y*: 12.09%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTC vs. QARP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FTC First Trust Large Cap Growth AlphaDEX Fund	10.98%	15.89%	26.60%	20.72%	-23.28%	24.43%	33.35%	28.07%	-9.41%
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	12.78%	13.99%	18.94%	23.03%	-14.62%	31.82%	14.83%	30.70%	-5.53%

Correlation

The correlation between FTC and QARP is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Apr 5, 2018	0.80

The correlation between FTC and QARP shifts across timeframes, from 0.68 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

FTC vs. QARP - Sectors Allocation Comparison

Sectors	FTC	QARP
Technology	36.0%	23.5%
Industrials	27.5%	8.5%
Consumer Cyclical	9.4%	9.6%
Healthcare	8.6%	13.9%
Financial Services	6.5%	12.1%
Basic Materials	3.1%	2.3%
Communication Services	2.4%	11.3%
Real Estate	2.0%	1.0%
Utilities	1.9%	2.0%
Consumer Defensive	1.9%	9.6%
Energy	0.8%	5.8%

Return for Risk

FTC vs. QARP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTC

FTC Risk / Return Rank: 33
FTC Sharpe Ratio Rank: 28
FTC Sortino Ratio Rank: 27
FTC Omega Ratio Rank: 27
FTC Calmar Ratio Rank: 40
FTC Martin Ratio Rank: 44

QARP

QARP Risk / Return Rank: 87
QARP Sharpe Ratio Rank: 90
QARP Sortino Ratio Rank: 89
QARP Omega Ratio Rank: 88
QARP Calmar Ratio Rank: 82
QARP Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTC vs. QARP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Large Cap Growth AlphaDEX Fund (FTC) and Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTC	QARP	Difference
Sharpe ratio: Return per unit of total volatility	0.84	2.38	-1.54
Sortino ratio: Return per unit of downside risk	1.25	3.34	-2.09
Omega ratio: Gain probability vs. loss probability	1.16	1.43	-0.27
Calmar ratio: Return relative to maximum drawdown	1.69	3.46	-1.77
Martin ratio: Return relative to average drawdown	5.74	15.38	-9.64

FTC vs. QARP - Sharpe Ratio Comparison

The current FTC Sharpe Ratio is 0.84, which is lower than the QARP Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of FTC and QARP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTC vs. QARP - Drawdown Comparison

The maximum FTC drawdown since its inception was -54.05%, which is greater than QARP's maximum drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for FTC and QARP.

Drawdown Indicators

	FTC	QARP	Difference
Max Drawdown Largest peak-to-trough decline	-54.05%	-35.44%	-18.61%
Max Drawdown (1Y) Largest decline over 1 year	-10.36%	-7.26%	-3.10%
Max Drawdown (3Y) Largest decline over 3 years	-21.41%	-15.65%	-5.76%
Max Drawdown (5Y) Largest decline over 5 years	-31.18%	-22.75%	-8.43%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	—	—
Current Drawdown Current decline from peak	-8.64%	0.00%	-8.64%
Average Drawdown Average peak-to-trough decline	-9.28%	-4.39%	-4.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	1.63%	+1.41%

Volatility

FTC vs. QARP - Volatility Comparison

First Trust Large Cap Growth AlphaDEX Fund (FTC) has a higher volatility of 8.24% compared to Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) at 2.76%. This indicates that FTC's price experiences larger fluctuations and is considered to be riskier than QARP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTC	QARP	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.24%	2.76%	+5.48%
Volatility (6M) Calculated over the trailing 6-month period	17.38%	8.22%	+9.16%
Volatility (1Y) Calculated over the trailing 1-year period	20.92%	10.58%	+10.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.41%	15.54%	+4.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.69%	19.55%	+1.14%

FTC vs. QARP - Expense Ratio Comparison

FTC has a 0.60% expense ratio, which is higher than QARP's 0.19% expense ratio.

Dividends

FTC vs. QARP - Dividend Comparison

FTC's dividend yield for the trailing twelve months is around 0.15%, less than QARP's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTC First Trust Large Cap Growth AlphaDEX Fund	0.15%	0.20%	0.32%	0.65%	0.90%	0.00%	0.40%	0.64%	0.35%	0.40%	0.86%	0.52%
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	1.02%	1.14%	1.39%	1.28%	1.68%	1.34%	1.61%	1.85%	1.39%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTC and QARP in my portfolio?

FTC and QARP have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTC or QARP?

FTC has higher volatility (8.24%) compared to QARP (2.76%). In terms of maximum drawdown, FTC dropped -54.05% vs QARP's -35.44%.

Which ETF is better, FTC or QARP?

On 5-year performance, QARP leads with 12.09% vs 10.89% for FTC. On fees, QARP is cheaper at 0.19% per year. On volatility, QARP has been the lower-risk option at 2.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTC or QARP?

Over the 5-year period, QARP has performed better with a 12.09% return vs 10.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTC or QARP?

QARP is cheaper with a 0.19% expense ratio, compared with 0.60% for FTC.

Which ETF pays a higher dividend yield, FTC or QARP?

QARP has the higher dividend yield at 1.02%, compared with 0.15% for FTC.

What is the main difference between FTC and QARP?

FTC tracks NASDAQ AlphaDEX Large Cap Growth Index, while QARP tracks Russell 1000 2Qual/Val 5% Capped Factor Index. They also come from different issuers: First Trust and Deutsche Bank. Their fees differ too: 0.60% for FTC and 0.19% for QARP.

Which has better risk-adjusted returns?

QARP currently has the higher Sharpe Ratio (2.38 vs 0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.