FTFX.L vs. NXTG.L
FTFX.L (First Trust FactorFX UCITS ETF Class A USD) and NXTG.L (First Trust Indxx NextG UCITS ETF) are both Global Equities funds from First Trust - FTFX.L tracks the First Trust FactorFX UCITS ETF Class A USD while NXTG.L tracks the First Trust Indxx NextG UCITS ETF. Both are passively managed. Over the past 5 years, FTFX.L returned 5.92%/yr vs 9.05%/yr for NXTG.L. At a 0.20 correlation, their price movements are largely independent.
Performance
FTFX.L vs. NXTG.L - Performance Comparison
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Different Trading Currencies
FTFX.L is traded in USD, while NXTG.L is traded in GBp. To make them comparable, the NXTG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FTFX.L achieves a 6.72% return, which is significantly lower than NXTG.L's 38.59% return.
FTFX.L
- 1D
- 0.81%
- 1M
- 2.12%
- 6M
- 6.59%
- YTD
- 6.72%
- 1Y
- 10.31%
- 3Y*
- 6.78%
- 5Y*
- 5.92%
- 10Y*
- —
NXTG.L
- 1D
- -0.25%
- 1M
- -5.49%
- 6M
- 35.96%
- YTD
- 38.59%
- 1Y
- 56.79%
- 3Y*
- 17.63%
- 5Y*
- 9.05%
- 10Y*
- 7.11%
FTFX.L vs. NXTG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTFX.L First Trust FactorFX UCITS ETF Class A USD | 6.72% | 8.14% | 7.93% | 9.97% | -1.13% | -3.43% | 0.33% | 4.18% | 0.10% | 0.45% |
NXTG.L First Trust Indxx NextG UCITS ETF | 38.59% | 28.23% | 13.05% | 5.58% | -32.47% | 14.83% | 7.36% | 12.68% | -31.77% | 17.61% |
Correlation
The correlation between FTFX.L and NXTG.L is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2017 | 0.20 |
The correlation between FTFX.L and NXTG.L shifts across timeframes, from 0.01 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FTFX.L vs. NXTG.L — Risk / Return Rank
FTFX.L
NXTG.L
FTFX.L vs. NXTG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust FactorFX UCITS ETF Class A USD (FTFX.L) and First Trust Indxx NextG UCITS ETF (NXTG.L). 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.
| FTFX.L | NXTG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.46 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 2.29 | +1.01 |
| Martin ratioReturn relative to average drawdown | 10.01 | 4.79 | +5.23 |
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Drawdowns
FTFX.L vs. NXTG.L - Drawdown Comparison
The maximum FTFX.L drawdown since its inception was -8.13%, smaller than the maximum NXTG.L drawdown of -54.89%. Use the drawdown chart below to compare losses from any high point for FTFX.L and NXTG.L.
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Drawdown Indicators
| FTFX.L | NXTG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.13% | -54.89% | +46.76% |
Max Drawdown (1Y)Largest decline over 1 year | -2.97% | -24.85% | +21.88% |
Max Drawdown (3Y)Largest decline over 3 years | -6.92% | -32.80% | +25.88% |
Max Drawdown (5Y)Largest decline over 5 years | -6.92% | -45.46% | +38.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -54.89% | — |
Current DrawdownCurrent decline from peak | 0.00% | -10.07% | +10.07% |
Average DrawdownAverage peak-to-trough decline | -2.08% | -26.87% | +24.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 11.89% | -10.91% |
Volatility
FTFX.L vs. NXTG.L - Volatility Comparison
The current volatility for First Trust FactorFX UCITS ETF Class A USD (FTFX.L) is 1.26%, while First Trust Indxx NextG UCITS ETF (NXTG.L) has a volatility of 6.74%. This indicates that FTFX.L experiences smaller price fluctuations and is considered to be less risky than NXTG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTFX.L | NXTG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 6.74% | -5.48% |
Volatility (6M)Calculated over the trailing 6-month period | 4.37% | 16.85% | -12.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.34% | 47.00% | -40.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.33% | 44.57% | -37.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.18% | 34.76% | -28.58% |
Dividends
FTFX.L vs. NXTG.L - Dividend Comparison
Neither FTFX.L nor NXTG.L has paid dividends to shareholders.
Frequently Asked Questions
FTFX.L and NXTG.L have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTFX.L tracks First Trust FactorFX UCITS ETF Class A USD, while NXTG.L tracks First Trust Indxx NextG UCITS ETF.
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