FXG vs. NFTY

Last updated Jul 16, 2026

FXG (First Trust Consumer Staples AlphaDEX Fund) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - FXG is a Consumer Staples Equities fund tracking the StrataQuant Consumer Staples Index, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. Both are passively managed. Over the past 10 years, FXG returned 4.40%/yr vs 7.54%/yr for NFTY. At a 0.23 correlation, their price movements are largely independent. FXG charges 0.63%/yr vs 0.80%/yr for NFTY.

Performance

FXG vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Consumer Staples AlphaDEX Fund (FXG) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FXG achieves a 5.31% return, which is significantly higher than NFTY's -8.16% return. Over the past 10 years, FXG has underperformed NFTY with an annualized return of 4.40%, while NFTY has yielded a comparatively higher 7.54% annualized return.

FXG

• 1D: -0.24%
• 1M: 0.63%
• 6M: 0.31%
• YTD: 5.31%
• 1Y: 3.47%
• 3Y*: 2.14%
• 5Y*: 4.33%
• 10Y*: 4.40%

NFTY

• 1D: -0.06%
• 1M: -1.43%
• 6M: -7.38%
• YTD: -8.16%
• 1Y: -8.20%
• 3Y*: 4.59%
• 5Y*: 5.61%
• 10Y*: 7.54%

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

FXG vs. NFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FXG First Trust Consumer Staples AlphaDEX Fund	5.31%	-2.66%	3.21%	1.97%	3.28%	21.73%	4.85%	20.65%	-11.49%	7.87%
NFTY First Trust India NIFTY 50 Equal Weight ETF	-8.16%	5.47%	5.18%	24.00%	-3.46%	26.83%	10.04%	0.58%	-1.51%	21.78%

Correlation

The correlation between FXG and NFTY is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Feb 28, 2012	0.23

The correlation between FXG and NFTY shifts across timeframes, from 0.12 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.

FXG vs. NFTY - Sectors Allocation Comparison

Sectors	FXG	NFTY
Consumer Defensive	79.6%	8.1%
Healthcare	8.3%	9.9%
Consumer Cyclical	8.2%	16.6%
Industrials	4.0%	8.5%
Basic Materials	2.0%	13.1%
Communication Services	-	1.9%
Energy	-	8.5%
Financial Services	-	20.9%
Real Estate	-	-
Technology	-	9.0%
Utilities	-	3.7%

Return for Risk

FXG vs. NFTY — Risk / Return Rank

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

FXG

FXG Risk / Return Rank: 13
FXG Sharpe Ratio Rank: 14
FXG Sortino Ratio Rank: 13
FXG Omega Ratio Rank: 12
FXG Calmar Ratio Rank: 13
FXG Martin Ratio Rank: 12

NFTY

NFTY Risk / Return Rank: 4
NFTY Sharpe Ratio Rank: 5
NFTY Sortino Ratio Rank: 4
NFTY Omega Ratio Rank: 4
NFTY Calmar Ratio Rank: 5
NFTY Martin Ratio Rank: 3

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.

FXG vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Consumer Staples AlphaDEX Fund (FXG) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.

	FXG	NFTY	Difference
Sharpe ratio: Return per unit of total volatility	0.26	-0.56	+0.81
Sortino ratio: Return per unit of downside risk	0.46	-0.75	+1.21
Omega ratio: Gain probability vs. loss probability	1.05	0.92	+0.13
Calmar ratio: Return relative to maximum drawdown	0.27	-0.51	+0.78
Martin ratio: Return relative to average drawdown	0.56	-1.21	+1.77

FXG vs. NFTY - Sharpe Ratio Comparison

The current FXG Sharpe Ratio is 0.26, which is higher than the NFTY Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of FXG and NFTY, 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

FXG vs. NFTY - Drawdown Comparison

The maximum FXG drawdown since its inception was -38.69%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for FXG and NFTY.

Drawdown Indicators

	FXG	NFTY	Difference
Max Drawdown Largest peak-to-trough decline	-38.69%	-47.67%	+8.98%
Max Drawdown (1Y) Largest decline over 1 year	-12.75%	-16.14%	+3.39%
Max Drawdown (3Y) Largest decline over 3 years	-12.75%	-21.55%	+8.80%
Max Drawdown (5Y) Largest decline over 5 years	-15.70%	-21.55%	+5.85%
Max Drawdown (10Y) Largest decline over 10 years	-27.54%	-47.67%	+20.13%
Current Drawdown Current decline from peak	-7.90%	-16.05%	+8.15%
Average Drawdown Average peak-to-trough decline	-6.04%	-9.63%	+3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.16%	6.79%	-0.63%

Volatility

FXG vs. NFTY - Volatility Comparison

First Trust Consumer Staples AlphaDEX Fund (FXG) has a higher volatility of 5.45% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.71%. This indicates that FXG's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FXG	NFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	3.71%	+1.74%
Volatility (6M) Calculated over the trailing 6-month period	10.28%	12.61%	-2.33%
Volatility (1Y) Calculated over the trailing 1-year period	13.71%	14.72%	-1.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.66%	17.41%	-3.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.98%	20.65%	-5.67%

FXG vs. NFTY - Expense Ratio Comparison

FXG has a 0.63% expense ratio, which is lower than NFTY's 0.80% expense ratio.

Dividends

FXG vs. NFTY - Dividend Comparison

FXG's dividend yield for the trailing twelve months is around 2.42%, more than NFTY's 1.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FXG First Trust Consumer Staples AlphaDEX Fund	2.42%	2.83%	1.70%	1.41%	1.83%	1.38%	1.41%	1.63%	2.31%	1.34%	1.72%	1.67%
NFTY First Trust India NIFTY 50 Equal Weight ETF	1.93%	1.24%	1.61%	0.13%	5.89%	1.53%	0.61%	0.97%	0.00%	4.10%	3.28%	4.39%

Frequently Asked Questions

Can I hold both FXG and NFTY in my portfolio?

FXG and NFTY have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FXG or NFTY?

FXG has higher volatility (5.45%) compared to NFTY (3.71%). In terms of maximum drawdown, FXG dropped -38.69% vs NFTY's -47.67%.

Which ETF is better, FXG or NFTY?

On 10-year performance, NFTY leads with 7.54% vs 4.40% for FXG. On fees, FXG is cheaper at 0.63% per year. On volatility, NFTY has been the lower-risk option at 3.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FXG or NFTY?

Over the 10-year period, NFTY has performed better with a 7.54% return vs 4.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FXG or NFTY?

FXG is cheaper with a 0.63% expense ratio, compared with 0.80% for NFTY.

Which ETF pays a higher dividend yield, FXG or NFTY?

FXG has the higher dividend yield at 2.42%, compared with 1.93% for NFTY.

What is the main difference between FXG and NFTY?

FXG is categorized as Consumer Staples Equities, while NFTY is India Equities. FXG tracks StrataQuant Consumer Staples Index, while NFTY tracks NIFTY 50 Equal Weight Index. Their fees differ too: 0.63% for FXG and 0.80% for NFTY.

Which has better risk-adjusted returns?

FXG currently has the higher Sharpe Ratio (0.26 vs -0.56), 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.