FXN vs. XEG.TO
Compare and contrast key facts about First Trust Energy AlphaDEX Fund (FXN) and iShares S&P/TSX Capped Energy Index ETF (XEG.TO).
FXN and XEG.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXN is a passively managed fund by First Trust that tracks the performance of the StrataQuant Energy Index. It was launched on May 8, 2007. XEG.TO is a passively managed fund by iShares that tracks the performance of the S&P/TSX Capped Energy Index. It was launched on Mar 19, 2001. Both FXN and XEG.TO 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: FXN or XEG.TO.
Correlation
The correlation between FXN and XEG.TO is 0.82, 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
FXN vs. XEG.TO - Performance Comparison
Key characteristics
FXN:
0.32
XEG.TO:
0.73
FXN:
0.56
XEG.TO:
1.07
FXN:
1.07
XEG.TO:
1.14
FXN:
0.19
XEG.TO:
0.93
FXN:
0.71
XEG.TO:
1.97
FXN:
9.33%
XEG.TO:
7.92%
FXN:
20.66%
XEG.TO:
21.47%
FXN:
-87.39%
XEG.TO:
-87.73%
FXN:
-25.45%
XEG.TO:
-8.07%
Returns By Period
In the year-to-date period, FXN achieves a 6.73% return, which is significantly higher than XEG.TO's 3.27% return. Over the past 10 years, FXN has underperformed XEG.TO with an annualized return of -0.16%, while XEG.TO has yielded a comparatively higher 5.04% annualized return.
FXN
6.73%
-2.52%
3.72%
4.70%
18.42%
-0.16%
XEG.TO
3.27%
-1.34%
-1.37%
12.42%
20.19%
5.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FXN vs. XEG.TO - Expense Ratio Comparison
FXN has a 0.64% expense ratio, which is higher than XEG.TO's 0.61% expense ratio.
Risk-Adjusted Performance
FXN vs. XEG.TO — Risk-Adjusted Performance Rank
FXN
XEG.TO
FXN vs. XEG.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Energy AlphaDEX Fund (FXN) and iShares S&P/TSX Capped Energy Index ETF (XEG.TO). 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
FXN vs. XEG.TO - Dividend Comparison
FXN's dividend yield for the trailing twelve months is around 2.35%, less than XEG.TO's 3.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXN First Trust Energy AlphaDEX Fund | 2.35% | 2.50% | 3.09% | 2.28% | 0.88% | 4.71% | 1.48% | 1.44% | 1.16% | 1.05% | 2.36% | 1.74% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 3.35% | 3.46% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% | 2.56% |
Drawdowns
FXN vs. XEG.TO - Drawdown Comparison
The maximum FXN drawdown since its inception was -87.39%, roughly equal to the maximum XEG.TO drawdown of -87.73%. Use the drawdown chart below to compare losses from any high point for FXN and XEG.TO. For additional features, visit the drawdowns tool.
Volatility
FXN vs. XEG.TO - Volatility Comparison
First Trust Energy AlphaDEX Fund (FXN) has a higher volatility of 7.01% compared to iShares S&P/TSX Capped Energy Index ETF (XEG.TO) at 5.98%. This indicates that FXN's price experiences larger fluctuations and is considered to be riskier than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.