FTXR vs. FIDU

Last updated Jun 4, 2026

FTXR (First Trust Nasdaq Transportation ETF) and FIDU (Fidelity MSCI Industrials Index ETF) are both Industrials Equities funds - FTXR tracks the Nasdaq U.S. Smart Transportation Index while FIDU tracks the MSCI USA IMI Industrials Index. Both are passively managed. Over the past 5 years, FTXR returned 6.66%/yr vs 12.80%/yr for FIDU. A 0.74 correlation means they provide meaningful diversification when combined. FTXR charges 0.60%/yr vs 0.08%/yr for FIDU.

Performance

FTXR vs. FIDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Transportation ETF (FTXR) and Fidelity MSCI Industrials Index ETF (FIDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FTXR having a 14.58% return and FIDU slightly higher at 14.93%.

FTXR

• 1D: -0.02%
• 1M: 11.32%
• YTD: 14.58%
• 6M: 18.08%
• 1Y: 43.09%
• 3Y*: 19.84%
• 5Y*: 6.66%
• 10Y*: —

FIDU

• 1D: -0.19%
• 1M: 2.22%
• YTD: 14.93%
• 6M: 15.53%
• 1Y: 26.81%
• 3Y*: 22.62%
• 5Y*: 12.80%
• 10Y*: 14.31%

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

FTXR vs. FIDU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTXR First Trust Nasdaq Transportation ETF	14.58%	14.70%	17.09%	20.93%	-25.38%	24.02%	15.03%	14.82%	-15.27%	15.82%
FIDU Fidelity MSCI Industrials Index ETF	14.93%	18.61%	16.51%	22.62%	-8.36%	20.96%	13.72%	30.69%	-13.85%	22.22%

Correlation

The correlation between FTXR and FIDU is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 23, 2016	0.74

The correlation between FTXR and FIDU has been stable across timeframes, ranging from 0.74 to 0.84 - a consistent structural relationship.

FTXR vs. FIDU - Sectors Allocation Comparison

Sectors	FTXR	FIDU
Industrials	67.1%	92.1%
Consumer Cyclical	32.4%	1.0%
Energy	0.6%	0.0%
Basic Materials	-	0.2%
Communication Services	-	0.0%
Consumer Defensive	-	-
Financial Services	-	0.2%
Healthcare	-	0.0%
Real Estate	-	-
Technology	-	6.4%
Utilities	-	0.1%

Return for Risk

FTXR vs. FIDU — Risk / Return Rank

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

FTXR

FTXR Risk / Return Rank: 57
FTXR Sharpe Ratio Rank: 58
FTXR Sortino Ratio Rank: 58
FTXR Omega Ratio Rank: 52
FTXR Calmar Ratio Rank: 60
FTXR Martin Ratio Rank: 57

FIDU

FIDU Risk / Return Rank: 46
FIDU Sharpe Ratio Rank: 46
FIDU Sortino Ratio Rank: 47
FIDU Omega Ratio Rank: 43
FIDU Calmar Ratio Rank: 44
FIDU Martin Ratio Rank: 52

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.

FTXR vs. FIDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Transportation ETF (FTXR) and Fidelity MSCI Industrials Index ETF (FIDU). 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.

	FTXR	FIDU	Difference
Sharpe ratio Return per unit of total volatility	1.99	1.64	+0.35
Sortino ratio Return per unit of downside risk	2.80	2.37	+0.43
Omega ratio Gain probability vs. loss probability	1.33	1.28	+0.05
Calmar ratio Return relative to maximum drawdown	2.99	2.20	+0.79
Martin ratio Return relative to average drawdown	10.08	9.09	+0.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTXR vs. FIDU - Sharpe Ratio Comparison

The current FTXR Sharpe Ratio is 1.99, which is comparable to the FIDU Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of FTXR and FIDU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FTXR	FIDU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	1.64	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.70	-0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.66	-0.26

Drawdowns

FTXR vs. FIDU - Drawdown Comparison

The maximum FTXR drawdown since its inception was -52.06%, which is greater than FIDU's maximum drawdown of -42.31%. Use the drawdown chart below to compare losses from any high point for FTXR and FIDU.

Drawdown Indicators

	FTXR	FIDU	Difference
Max Drawdown Largest peak-to-trough decline	-52.06%	-42.31%	-9.75%
Max Drawdown (1Y) Largest decline over 1 year	-14.49%	-12.23%	-2.26%
Max Drawdown (3Y) Largest decline over 3 years	-29.71%	-20.52%	-9.19%
Max Drawdown (5Y) Largest decline over 5 years	-33.96%	-22.87%	-11.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.31%	—
Current Drawdown Current decline from peak	-1.09%	-1.27%	+0.18%
Average Drawdown Average peak-to-trough decline	-11.06%	-4.81%	-6.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	2.96%	+1.33%

Volatility

FTXR vs. FIDU - Volatility Comparison

First Trust Nasdaq Transportation ETF (FTXR) has a higher volatility of 6.70% compared to Fidelity MSCI Industrials Index ETF (FIDU) at 5.27%. This indicates that FTXR's price experiences larger fluctuations and is considered to be riskier than FIDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTXR	FIDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	5.27%	+1.43%
Volatility (6M) Calculated over the trailing 6-month period	16.48%	13.52%	+2.96%
Volatility (1Y) Calculated over the trailing 1-year period	21.79%	16.50%	+5.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.85%	18.27%	+5.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.75%	20.31%	+4.44%

FTXR vs. FIDU - Expense Ratio Comparison

FTXR has a 0.60% expense ratio, which is higher than FIDU's 0.08% expense ratio.

Dividends

FTXR vs. FIDU - Dividend Comparison

FTXR's dividend yield for the trailing twelve months is around 1.14%, more than FIDU's 0.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIDU Fidelity MSCI Industrials Index ETF	0.95%	1.02%	1.42%	1.42%	1.48%	1.12%	1.28%	1.73%	1.99%	1.60%	1.63%	1.98%
FTXR First Trust Nasdaq Transportation ETF	1.14%	1.52%	2.13%	1.50%	2.38%	0.67%	0.33%	1.34%	1.74%	1.18%	0.24%	0.00%

Frequently Asked Questions

Can I hold both FTXR and FIDU in my portfolio?

FTXR and FIDU have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTXR or FIDU?

FTXR has higher volatility (6.70%) compared to FIDU (5.27%). In terms of maximum drawdown, FTXR dropped -52.06% vs FIDU's -42.31%.

Which ETF is better, FTXR or FIDU?

On 5-year performance, FIDU leads with 12.80% vs 6.66% for FTXR. On fees, FIDU is cheaper at 0.08% per year. On volatility, FIDU has been the lower-risk option at 5.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTXR or FIDU?

Over the 5-year period, FIDU has performed better with a 12.80% return vs 6.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTXR or FIDU?

FIDU is cheaper with a 0.08% expense ratio, compared with 0.60% for FTXR.

Which ETF pays a higher dividend yield, FTXR or FIDU?

FTXR has the higher dividend yield at 1.14%, compared with 0.95% for FIDU.

What is the main difference between FTXR and FIDU?

FTXR tracks Nasdaq U.S. Smart Transportation Index, while FIDU tracks MSCI USA IMI Industrials Index. They also come from different issuers: First Trust and Fidelity. Their fees differ too: 0.60% for FTXR and 0.08% for FIDU.

Which has better risk-adjusted returns?

FTXR currently has the higher Sharpe Ratio (1.99 vs 1.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.