FXD vs. IBUY

Last updated Jun 24, 2026

FXD (First Trust Consumer Discretionary AlphaDEX Fund) and IBUY (Amplify Online Retail ETF) are both Consumer Discretionary Equities funds - FXD tracks the StrataQuant Consumer Discretionary Index while IBUY tracks the EQM Online Retail Index. Both are passively managed. Over the past 10 years, FXD returned 8.49%/yr vs 11.07%/yr for IBUY. A 0.77 correlation means they provide meaningful diversification when combined. FXD charges 0.63%/yr vs 0.65%/yr for IBUY.

Performance

FXD vs. IBUY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Consumer Discretionary AlphaDEX Fund (FXD) and Amplify Online Retail ETF (IBUY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FXD achieves a 0.06% return, which is significantly higher than IBUY's -9.12% return. Over the past 10 years, FXD has underperformed IBUY with an annualized return of 8.49%, while IBUY has yielded a comparatively higher 11.07% annualized return.

FXD

• 1D: -0.09%
• 1M: 3.34%
• YTD: 0.06%
• 6M: -1.23%
• 1Y: 10.64%
• 3Y*: 9.79%
• 5Y*: 3.45%
• 10Y*: 8.49%

IBUY

• 1D: 0.18%
• 1M: 3.20%
• YTD: -9.12%
• 6M: -9.86%
• 1Y: 2.17%
• 3Y*: 15.47%
• 5Y*: -12.18%
• 10Y*: 11.07%

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

FXD vs. IBUY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FXD First Trust Consumer Discretionary AlphaDEX Fund	0.06%	6.70%	10.57%	23.39%	-21.56%	22.72%	12.97%	24.22%	-11.60%	19.77%
IBUY Amplify Online Retail ETF	-9.12%	15.26%	20.14%	38.01%	-55.71%	-22.99%	123.79%	28.47%	-1.93%	50.27%

Correlation

The correlation between FXD and IBUY is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Apr 20, 2016	0.77

The correlation between FXD and IBUY has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.

FXD vs. IBUY - Sectors Allocation Comparison

Sectors	FXD	IBUY
Consumer Cyclical	69.7%	68.1%
Consumer Defensive	9.2%	1.7%
Industrials	9.2%	4.9%
Communication Services	6.7%	8.6%
Technology	2.5%	6.0%
Energy	0.8%	-
Basic Materials	-	-
Financial Services	-	5.1%
Healthcare	-	5.0%
Real Estate	-	0.6%
Utilities	-	-

Return for Risk

FXD vs. IBUY — Risk / Return Rank

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

FXD

FXD Risk / Return Rank: 18
FXD Sharpe Ratio Rank: 18
FXD Sortino Ratio Rank: 18
FXD Omega Ratio Rank: 16
FXD Calmar Ratio Rank: 18
FXD Martin Ratio Rank: 18

IBUY

IBUY Risk / Return Rank: 10
IBUY Sharpe Ratio Rank: 10
IBUY Sortino Ratio Rank: 10
IBUY Omega Ratio Rank: 10
IBUY Calmar Ratio Rank: 10
IBUY Martin Ratio Rank: 9

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.

FXD vs. IBUY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Consumer Discretionary AlphaDEX Fund (FXD) and Amplify Online Retail ETF (IBUY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FXD	IBUY	Difference
Sharpe ratio: Return per unit of total volatility	0.55	0.10	+0.45
Sortino ratio: Return per unit of downside risk	0.95	0.29	+0.66
Omega ratio: Gain probability vs. loss probability	1.10	1.03	+0.07
Calmar ratio: Return relative to maximum drawdown	0.77	0.09	+0.67
Martin ratio: Return relative to average drawdown	1.90	0.20	+1.70

FXD vs. IBUY - Sharpe Ratio Comparison

The current FXD Sharpe Ratio is 0.55, which is higher than the IBUY Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of FXD and IBUY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FXD vs. IBUY - Drawdown Comparison

The maximum FXD drawdown since its inception was -65.27%, smaller than the maximum IBUY drawdown of -73.00%. Use the drawdown chart below to compare losses from any high point for FXD and IBUY.

Drawdown Indicators

	FXD	IBUY	Difference
Max Drawdown Largest peak-to-trough decline	-65.27%	-73.00%	+7.73%
Max Drawdown (1Y) Largest decline over 1 year	-13.94%	-23.23%	+9.29%
Max Drawdown (3Y) Largest decline over 3 years	-26.02%	-28.87%	+2.85%
Max Drawdown (5Y) Largest decline over 5 years	-33.74%	-71.15%	+37.41%
Max Drawdown (10Y) Largest decline over 10 years	-49.54%	-73.00%	+23.46%
Current Drawdown Current decline from peak	-5.29%	-51.33%	+46.04%
Average Drawdown Average peak-to-trough decline	-10.95%	-29.75%	+18.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.60%	10.99%	-5.39%

Volatility

FXD vs. IBUY - Volatility Comparison

The current volatility for First Trust Consumer Discretionary AlphaDEX Fund (FXD) is 5.62%, while Amplify Online Retail ETF (IBUY) has a volatility of 6.65%. This indicates that FXD experiences smaller price fluctuations and is considered to be less risky than IBUY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FXD	IBUY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.62%	6.65%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	14.77%	16.52%	-1.75%
Volatility (1Y) Calculated over the trailing 1-year period	19.48%	21.87%	-2.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.77%	32.13%	-9.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.69%	29.18%	-5.49%

FXD vs. IBUY - Expense Ratio Comparison

FXD has a 0.63% expense ratio, which is lower than IBUY's 0.65% expense ratio.

Dividends

FXD vs. IBUY - Dividend Comparison

FXD's dividend yield for the trailing twelve months is around 0.76%, more than IBUY's 0.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FXD First Trust Consumer Discretionary AlphaDEX Fund	0.76%	0.80%	0.89%	0.70%	1.00%	0.62%	0.42%	0.92%	1.08%	0.93%	1.05%	0.90%
IBUY Amplify Online Retail ETF	0.12%	0.11%	0.00%	0.00%	0.00%	0.00%	0.54%	0.29%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FXD and IBUY in my portfolio?

FXD and IBUY have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FXD or IBUY?

IBUY has higher volatility (6.65%) compared to FXD (5.62%). In terms of maximum drawdown, FXD dropped -65.27% vs IBUY's -73.00%.

Which ETF is better, FXD or IBUY?

On 10-year performance, IBUY leads with 11.07% vs 8.49% for FXD. On fees, FXD is cheaper at 0.63% per year. On volatility, FXD has been the lower-risk option at 5.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FXD or IBUY?

Over the 10-year period, IBUY has performed better with a 11.07% return vs 8.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FXD or IBUY?

FXD is cheaper with a 0.63% expense ratio, compared with 0.65% for IBUY.

Which ETF pays a higher dividend yield, FXD or IBUY?

FXD has the higher dividend yield at 0.76%, compared with 0.12% for IBUY.

What is the main difference between FXD and IBUY?

FXD tracks StrataQuant Consumer Discretionary Index, while IBUY tracks EQM Online Retail Index. They also come from different issuers: First Trust and Amplify. Their fees differ too: 0.63% for FXD and 0.65% for IBUY.

Which has better risk-adjusted returns?

FXD currently has the higher Sharpe Ratio (0.55 vs 0.10), 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.