FTGG.DE vs. FTGE.DE
FTGG.DE (First Trust Germany AlphaDEX UCITS ETF) and FTGE.DE (First Trust Eurozone AlphaDEX UCITS ETF Acc) are both Europe Equities funds from First Trust - FTGG.DE tracks the Nasdaq AlphaDEX Germany NTR Index while FTGE.DE tracks the Nasdaq AlphaDEX® Eurozone. Both are passively managed. Over the past 5 years, FTGG.DE returned 5.23%/yr vs 12.12%/yr for FTGE.DE. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.65% expense ratio.
Performance
FTGG.DE vs. FTGE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FTGG.DE achieves a 4.55% return, which is significantly lower than FTGE.DE's 13.64% return.
FTGG.DE
- 1D
- -0.40%
- 1M
- -1.49%
- 6M
- -1.27%
- YTD
- 4.55%
- 1Y
- 14.92%
- 3Y*
- 17.21%
- 5Y*
- 5.23%
- 10Y*
- 7.17%
FTGE.DE
- 1D
- 0.00%
- 1M
- -0.93%
- 6M
- 9.53%
- YTD
- 13.64%
- 1Y
- 26.77%
- 3Y*
- 21.06%
- 5Y*
- 12.12%
- 10Y*
- —
FTGG.DE vs. FTGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FTGG.DE First Trust Germany AlphaDEX UCITS ETF | 4.55% | 44.59% | 8.23% | 8.38% | -26.44% | 13.79% | 32.08% |
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 13.64% | 39.79% | 9.52% | 12.43% | -14.37% | 20.47% | 26.65% |
Correlation
The correlation between FTGG.DE and FTGE.DE is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since May 18, 2020 | 0.87 |
The correlation between FTGG.DE and FTGE.DE has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.
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Return for Risk
FTGG.DE vs. FTGE.DE — Risk / Return Rank
FTGG.DE
FTGE.DE
FTGG.DE vs. FTGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Germany AlphaDEX UCITS ETF (FTGG.DE) and First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.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.
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.
| FTGG.DE | FTGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 2.87 | -1.77 |
| Martin ratioReturn relative to average drawdown | 3.31 | 10.93 | -7.62 |
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Drawdowns
FTGG.DE vs. FTGE.DE - Drawdown Comparison
The maximum FTGG.DE drawdown since its inception was -99.97%, which is greater than FTGE.DE's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for FTGG.DE and FTGE.DE.
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Drawdown Indicators
| FTGG.DE | FTGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.97% | -26.63% | -73.34% |
Max Drawdown (1Y)Largest decline over 1 year | -14.61% | -9.38% | -5.23% |
Max Drawdown (3Y)Largest decline over 3 years | -16.18% | -16.12% | -0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -38.87% | -26.63% | -12.24% |
Max Drawdown (10Y)Largest decline over 10 years | -99.97% | — | — |
Current DrawdownCurrent decline from peak | -5.93% | -1.35% | -4.58% |
Average DrawdownAverage peak-to-trough decline | -12.58% | -5.33% | -7.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.84% | 2.46% | +2.38% |
Volatility
FTGG.DE vs. FTGE.DE - Volatility Comparison
First Trust Germany AlphaDEX UCITS ETF (FTGG.DE) has a higher volatility of 6.06% compared to First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) at 3.84%. This indicates that FTGG.DE's price experiences larger fluctuations and is considered to be riskier than FTGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTGG.DE | FTGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.06% | 3.84% | +2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 17.05% | 12.30% | +4.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.85% | 14.51% | +5.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.07% | 17.51% | +1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69,376.52% | 18.35% | +69,358.17% |
FTGG.DE vs. FTGE.DE - Expense Ratio Comparison
Both FTGG.DE and FTGE.DE have an expense ratio of 0.65%.
Dividends
FTGG.DE vs. FTGE.DE - Dividend Comparison
FTGG.DE's dividend yield for the trailing twelve months is around 1.55%, while FTGE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTGG.DE First Trust Germany AlphaDEX UCITS ETF | 1.55% | 1.53% | 2.24% | 2.85% | 3.10% | 1.03% | 0.58% | 0.05% |
Frequently Asked Questions
FTGG.DE and FTGE.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FTGG.DE and FTGE.DE have the same expense ratio: 0.65% per year.
FTGG.DE tracks Nasdaq AlphaDEX Germany NTR Index, while FTGE.DE tracks Nasdaq AlphaDEX® Eurozone.
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