PortfoliosLab logo
FXO vs. IHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FXO and IHI 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.


-0.50.00.51.0
Correlation: 0.8

Performance

FXO vs. IHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Financials AlphaDEX Fund (FXO) and iShares U.S. Medical Devices ETF (IHI). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%600.00%700.00%NovemberDecember2025FebruaryMarchApril
263.00%
599.25%
FXO
IHI

Key characteristics

Sharpe Ratio

FXO:

0.57

IHI:

0.41

Sortino Ratio

FXO:

0.94

IHI:

0.68

Omega Ratio

FXO:

1.13

IHI:

1.10

Calmar Ratio

FXO:

0.62

IHI:

0.42

Martin Ratio

FXO:

2.12

IHI:

1.75

Ulcer Index

FXO:

6.20%

IHI:

4.25%

Daily Std Dev

FXO:

23.26%

IHI:

18.14%

Max Drawdown

FXO:

-71.30%

IHI:

-49.64%

Current Drawdown

FXO:

-12.99%

IHI:

-9.85%

Returns By Period

In the year-to-date period, FXO achieves a -5.75% return, which is significantly lower than IHI's 2.05% return. Over the past 10 years, FXO has underperformed IHI with an annualized return of 10.44%, while IHI has yielded a comparatively higher 12.30% annualized return.


FXO

YTD

-5.75%

1M

-3.48%

6M

-3.86%

1Y

14.51%

5Y*

18.50%

10Y*

10.44%

IHI

YTD

2.05%

1M

0.10%

6M

1.30%

1Y

7.67%

5Y*

7.02%

10Y*

12.30%

*Annualized

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. IHI - Expense Ratio Comparison

FXO has a 0.62% expense ratio, which is higher than IHI's 0.43% expense ratio.


Expense ratio chart for FXO: current value is 0.62%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FXO: 0.62%
Expense ratio chart for IHI: current value is 0.43%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IHI: 0.43%

Risk-Adjusted Performance

FXO vs. IHI — Risk-Adjusted Performance Rank

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

FXO
The Risk-Adjusted Performance Rank of FXO is 6565
Overall Rank
The Sharpe Ratio Rank of FXO is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of FXO is 6464
Sortino Ratio Rank
The Omega Ratio Rank of FXO is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FXO is 7070
Calmar Ratio Rank
The Martin Ratio Rank of FXO is 6262
Martin Ratio Rank

IHI
The Risk-Adjusted Performance Rank of IHI is 5454
Overall Rank
The Sharpe Ratio Rank of IHI is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of IHI is 5151
Sortino Ratio Rank
The Omega Ratio Rank of IHI is 5151
Omega Ratio Rank
The Calmar Ratio Rank of IHI is 5757
Calmar Ratio Rank
The Martin Ratio Rank of IHI is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FXO vs. IHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Financials AlphaDEX Fund (FXO) and iShares U.S. Medical Devices ETF (IHI). 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.


The chart of Sharpe ratio for FXO, currently valued at 0.57, compared to the broader market-1.000.001.002.003.004.00
FXO: 0.57
IHI: 0.41
The chart of Sortino ratio for FXO, currently valued at 0.94, compared to the broader market-2.000.002.004.006.008.00
FXO: 0.94
IHI: 0.68
The chart of Omega ratio for FXO, currently valued at 1.13, compared to the broader market0.501.001.502.00
FXO: 1.13
IHI: 1.10
The chart of Calmar ratio for FXO, currently valued at 0.62, compared to the broader market0.002.004.006.008.0010.0012.00
FXO: 0.62
IHI: 0.42
The chart of Martin ratio for FXO, currently valued at 2.12, compared to the broader market0.0020.0040.0060.00
FXO: 2.12
IHI: 1.75

The current FXO Sharpe Ratio is 0.57, which is higher than the IHI Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of FXO and IHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.57
0.41
FXO
IHI

Dividends

FXO vs. IHI - Dividend Comparison

FXO's dividend yield for the trailing twelve months is around 2.28%, more than IHI's 0.46% yield.


TTM20242023202220212020201920182017201620152014
FXO
First Trust Financials AlphaDEX Fund
2.28%1.97%2.98%2.49%1.91%2.60%1.72%2.60%1.62%1.35%1.51%1.53%
IHI
iShares U.S. Medical Devices ETF
0.46%0.46%0.53%0.45%0.25%0.25%0.33%0.26%0.37%0.55%1.28%0.65%

Drawdowns

FXO vs. IHI - Drawdown Comparison

The maximum FXO drawdown since its inception was -71.30%, which is greater than IHI's maximum drawdown of -49.64%. Use the drawdown chart below to compare losses from any high point for FXO and IHI. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-12.99%
-9.85%
FXO
IHI

Volatility

FXO vs. IHI - Volatility Comparison

First Trust Financials AlphaDEX Fund (FXO) has a higher volatility of 14.93% compared to iShares U.S. Medical Devices ETF (IHI) at 12.09%. This indicates that FXO's price experiences larger fluctuations and is considered to be riskier than IHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
14.93%
12.09%
FXO
IHI