FXD vs. IGLD
FXD (First Trust Consumer Discretionary AlphaDEX Fund) and IGLD (FT Vest Gold Strategy Target Income ETF) are both exchange-traded funds - FXD is a Consumer Discretionary Equities fund tracking the StrataQuant Consumer Discretionary Index, while IGLD is a Gold fund actively managed by First Trust. FXD is passively managed, while IGLD is actively managed. Over the past 5 years, FXD returned 3.57%/yr vs 12.09%/yr for IGLD. Their 0.11 correlation means their historical movements had little consistent relationship. FXD charges 0.63%/yr vs 0.85%/yr for IGLD.
Performance
FXD vs. IGLD - Performance Comparison
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Returns By Period
In the year-to-date period, FXD achieves a 2.67% return, which is significantly higher than IGLD's -6.56% return.
FXD
- 1D
- -1.15%
- 1M
- 0.45%
- 6M
- 1.98%
- YTD
- 2.67%
- 1Y
- 10.49%
- 3Y*
- 7.96%
- 5Y*
- 3.57%
- 10Y*
- 8.08%
- ALL TIME*
- 7.56%
IGLD
- 1D
- -1.09%
- 1M
- -1.14%
- 6M
- -15.05%
- YTD
- -6.56%
- 1Y
- 13.80%
- 3Y*
- 19.55%
- 5Y*
- 12.09%
- 10Y*
- —
- ALL TIME*
- 11.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.22M | $850.69K | $681.18K | |
| $4.80M | $5.50M | $7.14M |
FXD vs. IGLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FXD First Trust Consumer Discretionary AlphaDEX Fund | 2.67% | 6.70% | 10.57% | 23.39% | -21.56% | 8.84% |
IGLD FT Vest Gold Strategy Target Income ETF | -6.56% | 47.46% | 19.36% | 9.24% | -2.34% | 4.30% |
Correlation
The correlation between FXD and IGLD is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2021 | 0.11 |
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Return for Risk
FXD vs. IGLD — Risk / Return Rank
FXD
IGLD
FXD vs. IGLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Consumer Discretionary AlphaDEX Fund (FXD) and FT Vest Gold Strategy Target Income ETF (IGLD). 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 | IGLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.13 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.65 | 0.65 | 0.00 |
| Martin ratioReturn relative to average drawdown | 1.58 | 1.46 | +0.12 |
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Drawdowns
FXD vs. IGLD - Drawdown Comparison
The maximum FXD drawdown since its inception was -65.27%, which is greater than IGLD's maximum drawdown of -23.84%. Use the drawdown chart below to compare losses from any high point for FXD and IGLD.
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Drawdown Indicators
| FXD | IGLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.27% | -23.84% | -41.43% |
Max Drawdown (1Y)Largest decline over 1 year | -13.94% | -23.84% | +9.90% |
Max Drawdown (3Y)Largest decline over 3 years | -26.02% | -23.84% | -2.18% |
Max Drawdown (5Y)Largest decline over 5 years | -33.74% | -23.84% | -9.90% |
Max Drawdown (10Y)Largest decline over 10 years | -49.54% | — | — |
Current DrawdownCurrent decline from peak | -2.82% | -22.04% | +19.22% |
Average DrawdownAverage peak-to-trough decline | -10.91% | -5.70% | -5.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 10.55% | -4.85% |
Volatility
FXD vs. IGLD - Volatility Comparison
First Trust Consumer Discretionary AlphaDEX Fund (FXD) has a higher volatility of 5.98% compared to FT Vest Gold Strategy Target Income ETF (IGLD) at 5.69%. This indicates that FXD's price experiences larger fluctuations and is considered to be riskier than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FXD | IGLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.98% | 5.69% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 15.29% | 22.06% | -6.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.82% | 25.10% | -5.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.81% | 15.74% | +7.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.72% | 15.43% | +8.29% |
FXD vs. IGLD - Expense Ratio Comparison
FXD has a 0.63% expense ratio, which is lower than IGLD's 0.85% expense ratio.
Dividends
FXD vs. IGLD - Dividend Comparison
FXD's dividend yield for the trailing twelve months is around 0.60%, less than IGLD's 21.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXD First Trust Consumer Discretionary AlphaDEX Fund | 0.60% | 0.80% | 0.89% | 0.70% | 1.00% | 0.62% | 0.42% | 0.92% | 1.08% | 0.93% | 1.05% | 0.90% |
IGLD FT Vest Gold Strategy Target Income ETF | 20.71% | 9.91% | 20.81% | 7.85% | 4.45% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FXD and IGLD have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FXD has higher volatility (5.98%) compared to IGLD (5.69%). In terms of maximum drawdown, FXD dropped -65.27% vs IGLD's -23.84%.
On 5-year performance, IGLD leads with 12.09% vs 3.57% for FXD. On fees, FXD is cheaper at 0.63% per year. On volatility, IGLD has been the lower-risk option at 5.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IGLD has performed better with a 12.09% return vs 3.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FXD is cheaper with a 0.63% expense ratio, compared with 0.85% for IGLD.
IGLD has the higher dividend yield at 20.71%, compared with 0.60% for FXD.
FXD is categorized as Consumer Discretionary Equities, while IGLD is Gold. Their fees differ too: 0.63% for FXD and 0.85% for IGLD.
IGLD currently has the higher Sharpe Ratio (0.61 vs 0.46), 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.
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