FTGE.DE vs. B41J.DE
FTGE.DE (First Trust Eurozone AlphaDEX UCITS ETF Acc) and B41J.DE (Global X European Infrastructure Development UCITS ETF EUR Accumulating) are both Europe Equities funds - FTGE.DE tracks the Nasdaq AlphaDEX® Eurozone while B41J.DE tracks the Mirae Asset European Infrastructure Development Index. Both are passively managed. Over the past year, FTGE.DE returned 29.62% vs 8.67% for B41J.DE. A 0.72 correlation means they provide meaningful diversification when combined. FTGE.DE charges 0.65%/yr vs 0.47%/yr for B41J.DE.
Performance
FTGE.DE vs. B41J.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FTGE.DE achieves a 13.73% return, which is significantly higher than B41J.DE's 7.25% return.
FTGE.DE
- 1D
- 0.51%
- 1M
- 0.87%
- YTD
- 13.73%
- 6M
- 16.65%
- 1Y
- 29.62%
- 3Y*
- 22.56%
- 5Y*
- 11.59%
- 10Y*
- —
B41J.DE
- 1D
- 0.02%
- 1M
- -2.78%
- YTD
- 7.25%
- 6M
- 8.50%
- 1Y
- 8.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTGE.DE vs. B41J.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 13.73% | 39.79% | 1.95% |
B41J.DE Global X European Infrastructure Development UCITS ETF EUR Accumulating | 7.25% | 27.74% | -2.48% |
Correlation
The correlation between FTGE.DE and B41J.DE is 0.75, 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 | 0.75 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2024 | 0.72 |
The correlation between FTGE.DE and B41J.DE has been stable across timeframes, ranging from 0.72 to 0.75 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FTGE.DE vs. B41J.DE — Risk / Return Rank
FTGE.DE
B41J.DE
FTGE.DE vs. B41J.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) and Global X European Infrastructure Development UCITS ETF EUR Accumulating (B41J.DE). 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.
| FTGE.DE | B41J.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.58 | ||
| Sortino ratioReturn per unit of downside risk | +2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.11 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 0.94 | +2.33 |
| Martin ratioReturn relative to average drawdown | 12.30 | 2.70 | +9.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FTGE.DE | B41J.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 0.58 | +1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 1.12 | -0.24 |
Drawdowns
FTGE.DE vs. B41J.DE - Drawdown Comparison
The maximum FTGE.DE drawdown since its inception was -26.63%, which is greater than B41J.DE's maximum drawdown of -12.00%. Use the drawdown chart below to compare losses from any high point for FTGE.DE and B41J.DE.
Loading charts...
Drawdown Indicators
| FTGE.DE | B41J.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.63% | -12.00% | -14.63% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -9.34% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -16.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.63% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -4.55% | +4.55% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -2.45% | -2.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 3.24% | -0.74% |
Volatility
FTGE.DE vs. B41J.DE - Volatility Comparison
The current volatility for First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) is 3.83%, while Global X European Infrastructure Development UCITS ETF EUR Accumulating (B41J.DE) has a volatility of 4.95%. This indicates that FTGE.DE experiences smaller price fluctuations and is considered to be less risky than B41J.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FTGE.DE | B41J.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.83% | 4.95% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.63% | 12.73% | -1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.23% | 15.27% | -1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.58% | 16.11% | +1.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.41% | 16.11% | +2.30% |
FTGE.DE vs. B41J.DE - Expense Ratio Comparison
FTGE.DE has a 0.65% expense ratio, which is higher than B41J.DE's 0.47% expense ratio.
Dividends
FTGE.DE vs. B41J.DE - Dividend Comparison
Neither FTGE.DE nor B41J.DE has paid dividends to shareholders.
Frequently Asked Questions
FTGE.DE and B41J.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, B41J.DE is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.
B41J.DE is cheaper with a 0.47% expense ratio, compared with 0.65% for FTGE.DE.
FTGE.DE tracks Nasdaq AlphaDEX® Eurozone, while B41J.DE tracks Mirae Asset European Infrastructure Development Index. They also come from different issuers: First Trust and Global X. Their fees differ too: 0.65% for FTGE.DE and 0.47% for B41J.DE.
Find the right allocation for FTGE.DE and B41J.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer