FTGU.DE vs. DJAM.DE

Last updated Jul 18, 2026

FTGU.DE (First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD) and DJAM.DE (Lyxor Dow Jones Industrial Average UCITS ETF Dist) are both Large Cap Blend Equities funds - FTGU.DE tracks the Nasdaq AlphaDEX Large Cap Core NTR Index while DJAM.DE tracks the Dow Jones Industrial Average. Both are passively managed. Over the past 5 years, FTGU.DE returned 11.49%/yr vs 10.69%/yr for DJAM.DE. Their correlation of 0.86 suggests significant overlap in exposure. FTGU.DE charges 0.65%/yr vs 0.50%/yr for DJAM.DE.

Performance

FTGU.DE vs. DJAM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.DE) and Lyxor Dow Jones Industrial Average UCITS ETF Dist (DJAM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTGU.DE achieves a 16.48% return, which is significantly higher than DJAM.DE's 11.85% return.

FTGU.DE

• 1D: -0.37%
• 1M: -1.11%
• 6M: 11.47%
• YTD: 16.48%
• 1Y: 24.72%
• 3Y*: 16.45%
• 5Y*: 11.49%
• 10Y*: —

DJAM.DE

• 1D: -0.65%
• 1M: 1.70%
• 6M: 8.14%
• YTD: 11.85%
• 1Y: 20.96%
• 3Y*: 15.22%
• 5Y*: 10.69%
• 10Y*: 12.22%

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

FTGU.DE vs. DJAM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTGU.DE First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD	16.48%	2.82%	23.34%	10.92%	-7.47%	38.46%	2.87%	29.47%	-6.78%	7.36%
DJAM.DE Lyxor Dow Jones Industrial Average UCITS ETF Dist	11.85%	2.01%	21.39%	11.90%	-2.34%	31.92%	-1.77%	28.23%	-0.54%	10.76%

Correlation

The correlation between FTGU.DE and DJAM.DE is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since May 17, 2017	0.86

The correlation between FTGU.DE and DJAM.DE has been stable across timeframes, ranging from 0.78 to 0.86 - a consistent structural relationship.

Return for Risk

FTGU.DE vs. DJAM.DE — Risk / Return Rank

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

FTGU.DE

FTGU.DE Risk / Return Rank: 88
FTGU.DE Sharpe Ratio Rank: 85
FTGU.DE Sortino Ratio Rank: 85
FTGU.DE Omega Ratio Rank: 82
FTGU.DE Calmar Ratio Rank: 96
FTGU.DE Martin Ratio Rank: 92

DJAM.DE

DJAM.DE Risk / Return Rank: 74
DJAM.DE Sharpe Ratio Rank: 74
DJAM.DE Sortino Ratio Rank: 76
DJAM.DE Omega Ratio Rank: 72
DJAM.DE Calmar Ratio Rank: 75
DJAM.DE Martin Ratio Rank: 71

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.

FTGU.DE vs. DJAM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.DE) and Lyxor Dow Jones Industrial Average UCITS ETF Dist (DJAM.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.

	FTGU.DE	DJAM.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.80	+0.29
Sortino ratio: Return per unit of downside risk	2.91	2.60	+0.32
Omega ratio: Gain probability vs. loss probability	1.37	1.32	+0.05
Calmar ratio: Return relative to maximum drawdown	6.66	2.84	+3.81
Martin ratio: Return relative to average drawdown	17.21	9.57	+7.64

FTGU.DE vs. DJAM.DE - Sharpe Ratio Comparison

The current FTGU.DE Sharpe Ratio is 2.09, which is comparable to the DJAM.DE Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of FTGU.DE and DJAM.DE, 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

FTGU.DE vs. DJAM.DE - Drawdown Comparison

The maximum FTGU.DE drawdown since its inception was -99.98%, which is greater than DJAM.DE's maximum drawdown of -47.32%. Use the drawdown chart below to compare losses from any high point for FTGU.DE and DJAM.DE.

Drawdown Indicators

	FTGU.DE	DJAM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-47.32%	-52.66%
Max Drawdown (1Y) Largest decline over 1 year	-3.70%	-7.34%	+3.64%
Max Drawdown (3Y) Largest decline over 3 years	-24.38%	-21.15%	-3.23%
Max Drawdown (5Y) Largest decline over 5 years	-24.38%	-21.15%	-3.23%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.30%	—
Current Drawdown Current decline from peak	-3.21%	-0.96%	-2.25%
Average Drawdown Average peak-to-trough decline	-5.12%	-7.74%	+2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.43%	2.18%	-0.75%

Volatility

FTGU.DE vs. DJAM.DE - Volatility Comparison

First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD (FTGU.DE) has a higher volatility of 3.74% compared to Lyxor Dow Jones Industrial Average UCITS ETF Dist (DJAM.DE) at 2.53%. This indicates that FTGU.DE's price experiences larger fluctuations and is considered to be riskier than DJAM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTGU.DE	DJAM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	2.53%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	8.07%	8.31%	-0.24%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	11.79%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.48%	14.07%	+1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	132,503.00%	16.08%	+132,486.92%

FTGU.DE vs. DJAM.DE - Expense Ratio Comparison

FTGU.DE has a 0.65% expense ratio, which is higher than DJAM.DE's 0.50% expense ratio.

Dividends

FTGU.DE vs. DJAM.DE - Dividend Comparison

FTGU.DE has not paid dividends to shareholders, while DJAM.DE's dividend yield for the trailing twelve months is around 0.71%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DJAM.DE Lyxor Dow Jones Industrial Average UCITS ETF Dist	0.71%	0.79%	1.17%	1.06%	1.80%	1.11%	1.62%	1.25%	1.90%	1.71%	2.26%	2.44%
FTGU.DE First Trust US Large Cap Core AlphaDEX UCITS ETF Class A USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTGU.DE and DJAM.DE in my portfolio?

FTGU.DE and DJAM.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTGU.DE or DJAM.DE?

On fees, DJAM.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTGU.DE or DJAM.DE?

DJAM.DE is cheaper with a 0.50% expense ratio, compared with 0.65% for FTGU.DE.

What is the main difference between FTGU.DE and DJAM.DE?

FTGU.DE tracks Nasdaq AlphaDEX Large Cap Core NTR Index, while DJAM.DE tracks Dow Jones Industrial Average. They also come from different issuers: First Trust and Amundi. Their fees differ too: 0.65% for FTGU.DE and 0.50% for DJAM.DE.