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.
Performance
FTXH vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, FTXH achieves a 6.76% return, which is significantly lower than ^GSPC's 25.15% return.
FTXH
6.76%
-0.59%
6.44%
16.01%
6.33%
N/A
^GSPC
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Key characteristics
| FTXH | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 1.23 | 2.53 |
| Sortino Ratio | 1.75 | 3.39 |
| Omega Ratio | 1.22 | 1.47 |
| Calmar Ratio | 1.24 | 3.65 |
| Martin Ratio | 4.54 | 16.21 |
| Ulcer Index | 3.52% | 1.91% |
| Daily Std Dev | 13.01% | 12.23% |
| Max Drawdown | -32.11% | -56.78% |
| Current Drawdown | -4.86% | -0.53% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
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
First Trust Nasdaq Pharmaceuticals ETF (FTXH) has a higher volatility of 5.46% compared to S&P 500 (^GSPC) at 3.97%. This indicates that FTXH's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.