FXH vs. VOO
Compare and contrast key facts about First Trust Health Care AlphaDEX Fund (FXH) and Vanguard S&P 500 ETF (VOO).
FXH and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXH is a passively managed fund by First Trust that tracks the performance of the StrataQuant Health Care Index. It was launched on May 8, 2007. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both FXH and VOO 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: FXH or VOO.
Key characteristics
| FXH | VOO | |
|---|---|---|
| YTD Return | 9.20% | 27.26% |
| 1Y Return | 23.44% | 37.86% |
| 3Y Return (Ann) | -2.13% | 10.35% |
| 5Y Return (Ann) | 7.51% | 16.03% |
| 10Y Return (Ann) | 6.98% | 13.45% |
| Sharpe Ratio | 1.93 | 3.25 |
| Sortino Ratio | 2.73 | 4.31 |
| Omega Ratio | 1.33 | 1.61 |
| Calmar Ratio | 0.87 | 4.74 |
| Martin Ratio | 8.26 | 21.63 |
| Ulcer Index | 2.96% | 1.85% |
| Daily Std Dev | 12.66% | 12.25% |
| Max Drawdown | -43.70% | -33.99% |
| Current Drawdown | -11.33% | 0.00% |
Correlation
The correlation between FXH and VOO is 0.77, 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
FXH vs. VOO - Performance Comparison
In the year-to-date period, FXH achieves a 9.20% return, which is significantly lower than VOO's 27.26% return. Over the past 10 years, FXH has underperformed VOO with an annualized return of 6.98%, while VOO has yielded a comparatively higher 13.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FXH vs. VOO - Expense Ratio Comparison
FXH has a 0.61% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FXH vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Health Care AlphaDEX Fund (FXH) and Vanguard S&P 500 ETF (VOO). 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
FXH vs. VOO - Dividend Comparison
FXH's dividend yield for the trailing twelve months is around 0.42%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXH First Trust Health Care AlphaDEX Fund | 0.42% | 0.24% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FXH vs. VOO - Drawdown Comparison
The maximum FXH drawdown since its inception was -43.70%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FXH and VOO. For additional features, visit the drawdowns tool.
Volatility
FXH vs. VOO - Volatility Comparison
The current volatility for First Trust Health Care AlphaDEX Fund (FXH) is 3.52%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.92%. This indicates that FXH experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.