FTXN vs. FSPGX
Compare and contrast key facts about First Trust Nasdaq Oil & Gas ETF (FTXN) and Fidelity Large Cap Growth Index Fund (FSPGX).
FTXN is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Oil & Gas Index. It was launched on Sep 20, 2016. FSPGX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTXN or FSPGX.
Key characteristics
| FTXN | FSPGX | |
|---|---|---|
| YTD Return | 11.15% | 11.29% |
| 1Y Return | 28.03% | 36.64% |
| 3Y Return (Ann) | 26.03% | 11.21% |
| 5Y Return (Ann) | 14.50% | 18.20% |
| Sharpe Ratio | 1.47 | 2.41 |
| Daily Std Dev | 19.63% | 15.11% |
| Max Drawdown | -73.49% | -32.66% |
| Current Drawdown | -6.85% | -0.70% |
Correlation
The correlation between FTXN and FSPGX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FTXN vs. FSPGX - Performance Comparison
The year-to-date returns for both investments are quite close, with FTXN having a 11.15% return and FSPGX slightly higher at 11.29%. 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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FTXN vs. FSPGX - Expense Ratio Comparison
FTXN has a 0.60% expense ratio, which is higher than FSPGX's 0.04% expense ratio.
Risk-Adjusted Performance
FTXN vs. FSPGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Oil & Gas ETF (FTXN) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.
Dividends
FTXN vs. FSPGX - Dividend Comparison
FTXN's dividend yield for the trailing twelve months is around 3.04%, more than FSPGX's 0.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
FTXN First Trust Nasdaq Oil & Gas ETF | 3.04% | 3.41% | 2.26% | 1.04% | 1.76% | 2.72% | 2.16% | 1.78% | 0.20% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.66% | 0.73% | 0.86% | 2.22% | 1.76% | 1.04% | 1.47% | 1.22% | 0.29% |
Drawdowns
FTXN vs. FSPGX - Drawdown Comparison
The maximum FTXN drawdown since its inception was -73.49%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FTXN and FSPGX. For additional features, visit the drawdowns tool.
Volatility
FTXN vs. FSPGX - Volatility Comparison
First Trust Nasdaq Oil & Gas ETF (FTXN) and Fidelity Large Cap Growth Index Fund (FSPGX) have volatilities of 5.10% and 5.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.