FTXH vs. ^GSPC
Compare and contrast key facts about First Trust Nasdaq Pharmaceuticals ETF (FTXH) and S&P 500 (^GSPC).
FTXH is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Pharmaceuticals Index. It was launched on Sep 20, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTXH or ^GSPC.
Key characteristics
| FTXH | ^GSPC | |
|---|---|---|
| YTD Return | 8.54% | 25.48% |
| 1Y Return | 18.66% | 33.14% |
| 3Y Return (Ann) | 3.14% | 8.55% |
| 5Y Return (Ann) | 7.12% | 13.96% |
| Sharpe Ratio | 1.63 | 2.91 |
| Sortino Ratio | 2.35 | 3.88 |
| Omega Ratio | 1.28 | 1.55 |
| Calmar Ratio | 1.57 | 4.20 |
| Martin Ratio | 6.08 | 18.80 |
| Ulcer Index | 3.33% | 1.90% |
| Daily Std Dev | 12.39% | 12.27% |
| Max Drawdown | -32.11% | -56.78% |
| Current Drawdown | -3.28% | -0.27% |
Correlation
The correlation between FTXH and ^GSPC is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FTXH vs. ^GSPC - Performance Comparison
In the year-to-date period, FTXH achieves a 8.54% return, which is significantly lower than ^GSPC's 25.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FTXH vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Pharmaceuticals ETF (FTXH) and S&P 500 (^GSPC). 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.
Drawdowns
FTXH vs. ^GSPC - Drawdown Comparison
The maximum FTXH drawdown since its inception was -32.11%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FTXH and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FTXH vs. ^GSPC - Volatility Comparison
The current volatility for First Trust Nasdaq Pharmaceuticals ETF (FTXH) is 3.52%, while S&P 500 (^GSPC) has a volatility of 3.75%. This indicates that FTXH experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.