FXO vs. CALF
Compare and contrast key facts about First Trust Financials AlphaDEX Fund (FXO) and Pacer US Small Cap Cash Cows 100 ETF (CALF).
FXO and CALF 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. CALF is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer US Small Cap Cash Cows Index. It was launched on Jun 16, 2017. Both FXO and CALF 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: FXO or CALF.
Key characteristics
| FXO | CALF | |
|---|---|---|
| YTD Return | 5.12% | -2.29% |
| 1Y Return | 25.57% | 29.99% |
| 3Y Return (Ann) | 3.70% | 5.17% |
| 5Y Return (Ann) | 10.22% | 14.28% |
| Sharpe Ratio | 1.40 | 1.59 |
| Daily Std Dev | 19.92% | 19.78% |
| Max Drawdown | -71.30% | -47.58% |
| Current Drawdown | -4.57% | -4.70% |
Correlation
The correlation between FXO and CALF is 0.78, 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
FXO vs. CALF - Performance Comparison
In the year-to-date period, FXO achieves a 5.12% return, which is significantly higher than CALF's -2.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FXO vs. CALF - Expense Ratio Comparison
FXO has a 0.62% expense ratio, which is higher than CALF's 0.59% expense ratio.
Risk-Adjusted Performance
FXO vs. CALF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Financials AlphaDEX Fund (FXO) and Pacer US Small Cap Cash Cows 100 ETF (CALF). 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. CALF - Dividend Comparison
FXO's dividend yield for the trailing twelve months is around 2.73%, more than CALF's 1.11% 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% |
CALF Pacer US Small Cap Cash Cows 100 ETF | 1.11% | 1.18% | 0.85% | 2.63% | 0.82% | 0.99% | 1.39% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FXO vs. CALF - Drawdown Comparison
The maximum FXO drawdown since its inception was -71.30%, which is greater than CALF's maximum drawdown of -47.58%. Use the drawdown chart below to compare losses from any high point for FXO and CALF. For additional features, visit the drawdowns tool.
Volatility
FXO vs. CALF - Volatility Comparison
The current volatility for First Trust Financials AlphaDEX Fund (FXO) is 4.37%, while Pacer US Small Cap Cash Cows 100 ETF (CALF) has a volatility of 5.46%. This indicates that FXO experiences smaller price fluctuations and is considered to be less risky than CALF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.