FTXR vs. IYT
Compare and contrast key facts about First Trust Nasdaq Transportation ETF (FTXR) and iShares Transportation Average ETF (IYT).
FTXR and IYT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTXR is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Transportation Index. It was launched on Sep 20, 2016. IYT is a passively managed fund by iShares that tracks the performance of the Dow Jones Transportation Average Index. It was launched on Oct 10, 2003. Both FTXR and IYT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTXR or IYT.
Key characteristics
| FTXR | IYT | |
|---|---|---|
| YTD Return | 21.79% | 12.88% |
| 1Y Return | 36.16% | 25.75% |
| 3Y Return (Ann) | 2.22% | 3.16% |
| 5Y Return (Ann) | 9.35% | 9.83% |
| Sharpe Ratio | 2.08 | 1.61 |
| Sortino Ratio | 2.90 | 2.40 |
| Omega Ratio | 1.36 | 1.28 |
| Calmar Ratio | 1.84 | 0.30 |
| Martin Ratio | 8.81 | 5.78 |
| Ulcer Index | 4.69% | 5.21% |
| Daily Std Dev | 19.93% | 18.70% |
| Max Drawdown | -52.06% | -100.00% |
| Current Drawdown | -0.72% | -99.99% |
Correlation
The correlation between FTXR and IYT is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FTXR vs. IYT - Performance Comparison
In the year-to-date period, FTXR achieves a 21.79% return, which is significantly higher than IYT's 12.88% 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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FTXR vs. IYT - Expense Ratio Comparison
FTXR has a 0.60% expense ratio, which is higher than IYT's 0.42% expense ratio.
Risk-Adjusted Performance
FTXR vs. IYT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Transportation ETF (FTXR) and iShares Transportation Average ETF (IYT). 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
FTXR vs. IYT - Dividend Comparison
FTXR's dividend yield for the trailing twelve months is around 1.25%, more than IYT's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTXR First Trust Nasdaq Transportation ETF | 1.25% | 1.50% | 2.38% | 0.67% | 0.33% | 1.34% | 1.74% | 1.18% | 0.24% | 0.00% | 0.00% | 0.00% |
IYT iShares Transportation Average ETF | 1.06% | 1.26% | 1.40% | 0.77% | 0.93% | 1.29% | 1.35% | 0.92% | 0.96% | 1.28% | 0.70% | 0.86% |
Drawdowns
FTXR vs. IYT - Drawdown Comparison
The maximum FTXR drawdown since its inception was -52.06%, smaller than the maximum IYT drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for FTXR and IYT. For additional features, visit the drawdowns tool.
Volatility
FTXR vs. IYT - Volatility Comparison
First Trust Nasdaq Transportation ETF (FTXR) has a higher volatility of 8.15% compared to iShares Transportation Average ETF (IYT) at 7.00%. This indicates that FTXR's price experiences larger fluctuations and is considered to be riskier than IYT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.