FXN vs. LLII

Last updated Jun 24, 2026

FXN (First Trust Energy AlphaDEX Fund) and LLII (REX LLY Growth & Income ETF) are both exchange-traded funds - FXN is a Energy Equities fund tracking the StrataQuant Energy Index, while LLII is a Derivative Income fund actively managed by REX. FXN is passively managed, while LLII is actively managed. At a correlation of -0.16, they often move in opposite directions. FXN charges 0.64%/yr vs 0.99%/yr for LLII.

Performance

FXN vs. LLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Energy AlphaDEX Fund (FXN) and REX LLY Growth & Income ETF (LLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FXN achieves a 25.36% return, which is significantly higher than LLII's 2.07% return.

FXN

• 1D: 0.10%
• 1M: -7.84%
• YTD: 25.36%
• 6M: 25.74%
• 1Y: 36.81%
• 3Y*: 13.95%
• 5Y*: 15.13%
• 10Y*: 5.82%

LLII

• 1D: 0.00%
• 1M: 6.03%
• YTD: 2.07%
• 6M: 3.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FXN vs. LLII - Yearly Performance Comparison

	2026 (YTD)	2025
FXN First Trust Energy AlphaDEX Fund	25.36%	3.63%
LLII REX LLY Growth & Income ETF	2.07%	19.74%

Correlation

The correlation between FXN and LLII is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	-0.16

Return for Risk

FXN vs. LLII — Risk / Return Rank

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

FXN

FXN Risk / Return Rank: 49
FXN Sharpe Ratio Rank: 48
FXN Sortino Ratio Rank: 44
FXN Omega Ratio Rank: 42
FXN Calmar Ratio Rank: 62
FXN Martin Ratio Rank: 51

LLII

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

FXN vs. LLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Energy AlphaDEX Fund (FXN) and REX LLY Growth & Income ETF (LLII). 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.

	FXN	LLII	Difference
Sharpe ratio: Return per unit of total volatility	1.57	—	—
Sortino ratio: Return per unit of downside risk	2.10	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.85	—	—
Martin ratio: Return relative to average drawdown	8.08	—	—

Drawdowns

FXN vs. LLII - Drawdown Comparison

The maximum FXN drawdown since its inception was -87.39%, which is greater than LLII's maximum drawdown of -23.96%. Use the drawdown chart below to compare losses from any high point for FXN and LLII.

Drawdown Indicators

	FXN	LLII	Difference
Max Drawdown Largest peak-to-trough decline	-87.39%	-23.96%	-63.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.99%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-80.63%	—	—
Current Drawdown Current decline from peak	-11.26%	-0.71%	-10.55%
Average Drawdown Average peak-to-trough decline	-37.90%	-8.63%	-29.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.57%	—	—

Volatility

Volatility by Period

	FXN	LLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.85%	35.58%	-11.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.95%	35.58%	-6.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.94%	35.58%	-0.64%

FXN vs. LLII - Expense Ratio Comparison

FXN has a 0.64% expense ratio, which is lower than LLII's 0.99% expense ratio.

Dividends

FXN vs. LLII - Dividend Comparison

FXN's dividend yield for the trailing twelve months is around 1.91%, less than LLII's 25.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FXN First Trust Energy AlphaDEX Fund	1.91%	2.53%	2.50%	3.09%	2.28%	0.87%	4.71%	1.47%	1.43%	1.17%	1.05%	2.36%
LLII REX LLY Growth & Income ETF	25.62%	5.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FXN and LLII in my portfolio?

FXN and LLII have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FXN or LLII?

On fees, FXN is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FXN or LLII?

FXN is cheaper with a 0.64% expense ratio, compared with 0.99% for LLII.

Which ETF pays a higher dividend yield, FXN or LLII?

LLII has the higher dividend yield at 25.62%, compared with 1.91% for FXN.

What is the main difference between FXN and LLII?

FXN is categorized as Energy Equities, while LLII is Derivative Income. They also come from different issuers: First Trust and REX. Their fees differ too: 0.64% for FXN and 0.99% for LLII.