FXO vs. BCD
Compare and contrast key facts about First Trust Financials AlphaDEX Fund (FXO) and abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD).
FXO and BCD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXO is a passively managed fund by First Trust that tracks the performance of the StrataQuant Financials Index. It was launched on May 8, 2007. BCD is an actively managed fund by Abrdn Plc. It was launched on Mar 30, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FXO or BCD.
Key characteristics
| FXO | BCD | |
|---|---|---|
| YTD Return | 5.44% | 6.86% |
| 1Y Return | 23.02% | 2.78% |
| 3Y Return (Ann) | 4.23% | 11.01% |
| 5Y Return (Ann) | 10.47% | 10.39% |
| Sharpe Ratio | 1.09 | 0.19 |
| Daily Std Dev | 20.25% | 12.25% |
| Max Drawdown | -71.30% | -29.79% |
| Current Drawdown | -4.27% | -14.93% |
Correlation
The correlation between FXO and BCD is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FXO vs. BCD - Performance Comparison
In the year-to-date period, FXO achieves a 5.44% return, which is significantly lower than BCD's 6.86% 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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FXO vs. BCD - Expense Ratio Comparison
FXO has a 0.62% expense ratio, which is higher than BCD's 0.29% expense ratio.
Risk-Adjusted Performance
FXO vs. BCD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Financials AlphaDEX Fund (FXO) and abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD). 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
FXO vs. BCD - Dividend Comparison
FXO's dividend yield for the trailing twelve months is around 2.73%, less than BCD's 4.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXO First Trust Financials AlphaDEX Fund | 2.73% | 2.98% | 2.49% | 1.91% | 2.60% | 1.72% | 2.60% | 1.62% | 1.35% | 1.51% | 1.54% | 1.21% |
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF | 4.22% | 4.51% | 5.21% | 8.30% | 1.29% | 1.55% | 1.59% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FXO vs. BCD - Drawdown Comparison
The maximum FXO drawdown since its inception was -71.30%, which is greater than BCD's maximum drawdown of -29.79%. Use the drawdown chart below to compare losses from any high point for FXO and BCD. For additional features, visit the drawdowns tool.
Volatility
FXO vs. BCD - Volatility Comparison
First Trust Financials AlphaDEX Fund (FXO) has a higher volatility of 4.85% compared to abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) at 2.58%. This indicates that FXO's price experiences larger fluctuations and is considered to be riskier than BCD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.