FTXL vs. FYBR

Last updated Jun 5, 2026

FTXL (First Trust Nasdaq Semiconductor ETF) is Semiconductors fund tracking the Nasdaq U.S. Smart Semiconductor Index, while FYBR (Frontier Communications Parent, Inc.) is a stock. At a 0.33 correlation, their price movements are largely independent.

Performance

FTXL vs. FYBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Semiconductor ETF (FTXL) and Frontier Communications Parent, Inc. (FYBR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FTXL

• 1D: -2.24%
• 1M: 21.46%
• YTD: 110.86%
• 6M: 111.07%
• 1Y: 214.18%
• 3Y*: 61.46%
• 5Y*: 34.02%
• 10Y*: —

FYBR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTXL vs. FYBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FTXL First Trust Nasdaq Semiconductor ETF	110.86%	48.94%	7.59%	54.41%	-33.88%	32.74%
FYBR Frontier Communications Parent, Inc.	1.10%	9.71%	36.94%	-0.55%	-13.60%	9.42%

Correlation

The correlation between FTXL and FYBR is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since May 5, 2021	0.33

The correlation between FTXL and FYBR shifts across timeframes, from 0.17 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

FTXL vs. FYBR — Risk / Return Rank

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

FTXL

FTXL Risk / Return Rank: 97
FTXL Sharpe Ratio Rank: 98
FTXL Sortino Ratio Rank: 96
FTXL Omega Ratio Rank: 95
FTXL Calmar Ratio Rank: 98
FTXL Martin Ratio Rank: 98

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.

FTXL vs. FYBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Semiconductor ETF (FTXL) and Frontier Communications Parent, Inc. (FYBR). 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.

	FTXL	FYBR	Difference
Sharpe ratio: Return per unit of total volatility	6.00	—	—
Sortino ratio: Return per unit of downside risk	5.56	—	—
Omega ratio: Gain probability vs. loss probability	1.75	—	—
Calmar ratio: Return relative to maximum drawdown	14.86	—	—
Martin ratio: Return relative to average drawdown	55.40	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FTXL	FYBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.00	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	—	—

Drawdowns

Drawdown Indicators

	FTXL	FYBR	Difference
Max Drawdown Largest peak-to-trough decline	-43.87%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-41.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.87%	—	—
Current Drawdown Current decline from peak	-2.24%	—	—
Average Drawdown Average peak-to-trough decline	-10.55%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	—	—

Volatility

Volatility by Period

	FTXL	FYBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.94%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.03%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.25%	—	—

Dividends

FTXL vs. FYBR - Dividend Comparison

FTXL's dividend yield for the trailing twelve months is around 0.13%, while FYBR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTXL First Trust Nasdaq Semiconductor ETF	0.13%	0.28%	0.54%	0.60%	0.89%	0.25%	0.48%	0.92%	0.71%	0.47%	0.12%
FYBR Frontier Communications Parent, Inc.	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 FTXL and FYBR in my portfolio?

FTXL and FYBR have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.