FXR vs. XLK
Compare and contrast key facts about First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) and Technology Select Sector SPDR Fund (XLK).
FXR and XLK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXR is a passively managed fund by First Trust that tracks the performance of the StrataQuant Industrials Index. It was launched on May 8, 2007. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998. Both FXR and XLK 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: FXR or XLK.
Key characteristics
| FXR | XLK | |
|---|---|---|
| YTD Return | 25.62% | 23.33% |
| 1Y Return | 44.36% | 33.30% |
| 3Y Return (Ann) | 9.74% | 13.18% |
| 5Y Return (Ann) | 13.78% | 23.47% |
| 10Y Return (Ann) | 11.22% | 20.55% |
| Sharpe Ratio | 2.68 | 1.50 |
| Sortino Ratio | 3.66 | 2.02 |
| Omega Ratio | 1.46 | 1.27 |
| Calmar Ratio | 5.07 | 1.92 |
| Martin Ratio | 13.77 | 6.63 |
| Ulcer Index | 3.20% | 4.91% |
| Daily Std Dev | 16.44% | 21.65% |
| Max Drawdown | -63.81% | -82.05% |
| Current Drawdown | -1.11% | -0.53% |
Correlation
The correlation between FXR and XLK is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FXR vs. XLK - Performance Comparison
In the year-to-date period, FXR achieves a 25.62% return, which is significantly higher than XLK's 23.33% return. Over the past 10 years, FXR has underperformed XLK with an annualized return of 11.22%, while XLK has yielded a comparatively higher 20.55% annualized 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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FXR vs. XLK - Expense Ratio Comparison
FXR has a 0.64% expense ratio, which is higher than XLK's 0.13% expense ratio.
Risk-Adjusted Performance
FXR vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) and Technology Select Sector SPDR Fund (XLK). 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
FXR vs. XLK - Dividend Comparison
FXR's dividend yield for the trailing twelve months is around 0.69%, more than XLK's 0.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXR First Trust Industrials/Producer Durables AlphaDEX Fund | 0.69% | 0.77% | 0.92% | 0.52% | 1.06% | 0.74% | 1.17% | 0.55% | 0.51% | 0.62% | 1.10% | 0.42% |
XLK Technology Select Sector SPDR Fund | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
FXR vs. XLK - Drawdown Comparison
The maximum FXR drawdown since its inception was -63.81%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for FXR and XLK. For additional features, visit the drawdowns tool.
Volatility
FXR vs. XLK - Volatility Comparison
The current volatility for First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) is 5.64%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 6.20%. This indicates that FXR experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.