FXD vs. FDIS
Compare and contrast key facts about First Trust Consumer Discretionary AlphaDEX Fund (FXD) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS).
FXD and FDIS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXD is a passively managed fund by First Trust that tracks the performance of the StrataQuant Consumer Discretionary Index. It was launched on May 8, 2007. FDIS is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Consumer Discretionary Index. It was launched on Oct 21, 2013. Both FXD and FDIS 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: FXD or FDIS.
Correlation
The correlation between FXD and FDIS is 0.88, 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
FXD vs. FDIS - Performance Comparison
Key characteristics
FXD:
0.82
FDIS:
1.51
FXD:
1.23
FDIS:
2.04
FXD:
1.15
FDIS:
1.26
FXD:
1.13
FDIS:
1.71
FXD:
2.76
FDIS:
7.79
FXD:
5.01%
FDIS:
3.53%
FXD:
16.94%
FDIS:
18.21%
FXD:
-65.27%
FDIS:
-39.16%
FXD:
-4.07%
FDIS:
-4.56%
Returns By Period
In the year-to-date period, FXD achieves a 12.13% return, which is significantly lower than FDIS's 26.80% return. Over the past 10 years, FXD has underperformed FDIS with an annualized return of 7.25%, while FDIS has yielded a comparatively higher 14.27% annualized return.
FXD
12.13%
2.01%
9.31%
11.67%
8.43%
7.25%
FDIS
26.80%
5.89%
23.25%
25.57%
16.66%
14.27%
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FXD vs. FDIS - Expense Ratio Comparison
FXD has a 0.63% expense ratio, which is higher than FDIS's 0.08% expense ratio.
Risk-Adjusted Performance
FXD vs. FDIS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Consumer Discretionary AlphaDEX Fund (FXD) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS). 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
FXD vs. FDIS - Dividend Comparison
FXD's dividend yield for the trailing twelve months is around 1.12%, more than FDIS's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXD First Trust Consumer Discretionary AlphaDEX Fund | 1.12% | 0.70% | 1.00% | 0.62% | 0.42% | 0.92% | 1.08% | 0.93% | 1.05% | 0.91% | 0.52% | 0.35% |
FDIS Fidelity MSCI Consumer Discretionary Index ETF | 0.68% | 0.78% | 1.00% | 0.58% | 0.59% | 1.14% | 1.29% | 1.00% | 1.62% | 1.25% | 1.01% | 0.28% |
Drawdowns
FXD vs. FDIS - Drawdown Comparison
The maximum FXD drawdown since its inception was -65.27%, which is greater than FDIS's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FXD and FDIS. For additional features, visit the drawdowns tool.
Volatility
FXD vs. FDIS - Volatility Comparison
The current volatility for First Trust Consumer Discretionary AlphaDEX Fund (FXD) is 5.74%, while Fidelity MSCI Consumer Discretionary Index ETF (FDIS) has a volatility of 6.56%. This indicates that FXD experiences smaller price fluctuations and is considered to be less risky than FDIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.