FXG vs. SJNK
Compare and contrast key facts about First Trust Consumer Staples AlphaDEX Fund (FXG) and SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK).
FXG and SJNK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXG is a passively managed fund by First Trust that tracks the performance of the StrataQuant Consumer Staples Index. It was launched on May 8, 2007. SJNK is a passively managed fund by State Street that tracks the performance of the Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y). It was launched on Mar 15, 2012. Both FXG and SJNK 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: FXG or SJNK.
Performance
FXG vs. SJNK - Performance Comparison
Returns By Period
In the year-to-date period, FXG achieves a 8.59% return, which is significantly higher than SJNK's 8.15% return. Over the past 10 years, FXG has outperformed SJNK with an annualized return of 6.68%, while SJNK has yielded a comparatively lower 4.40% annualized return.
FXG
8.59%
-0.35%
0.84%
14.23%
8.69%
6.68%
SJNK
8.15%
0.42%
6.00%
11.86%
5.33%
4.40%
Key characteristics
| FXG | SJNK | |
|---|---|---|
| Sharpe Ratio | 1.34 | 3.27 |
| Sortino Ratio | 1.96 | 5.14 |
| Omega Ratio | 1.23 | 1.67 |
| Calmar Ratio | 1.54 | 7.14 |
| Martin Ratio | 5.50 | 28.31 |
| Ulcer Index | 2.69% | 0.42% |
| Daily Std Dev | 11.09% | 3.65% |
| Max Drawdown | -38.69% | -19.74% |
| Current Drawdown | -1.47% | -0.35% |
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FXG vs. SJNK - Expense Ratio Comparison
FXG has a 0.63% expense ratio, which is higher than SJNK's 0.40% expense ratio.
Correlation
The correlation between FXG and SJNK is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FXG vs. SJNK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Consumer Staples AlphaDEX Fund (FXG) and SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK). 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
FXG vs. SJNK - Dividend Comparison
FXG's dividend yield for the trailing twelve months is around 1.57%, less than SJNK's 7.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXG First Trust Consumer Staples AlphaDEX Fund | 1.57% | 1.41% | 1.83% | 1.38% | 1.41% | 1.63% | 2.30% | 1.34% | 1.71% | 1.67% | 1.24% | 0.95% |
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF | 7.29% | 7.20% | 5.85% | 4.21% | 5.34% | 5.64% | 5.69% | 5.64% | 5.65% | 5.81% | 5.46% | 5.34% |
Drawdowns
FXG vs. SJNK - Drawdown Comparison
The maximum FXG drawdown since its inception was -38.69%, which is greater than SJNK's maximum drawdown of -19.74%. Use the drawdown chart below to compare losses from any high point for FXG and SJNK. For additional features, visit the drawdowns tool.
Volatility
FXG vs. SJNK - Volatility Comparison
First Trust Consumer Staples AlphaDEX Fund (FXG) has a higher volatility of 3.06% compared to SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK) at 0.85%. This indicates that FXG's price experiences larger fluctuations and is considered to be riskier than SJNK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.