FXU vs. FUTY
Compare and contrast key facts about First Trust Utilities AlphaDEX Fund (FXU) and Fidelity MSCI Utilities Index ETF (FUTY).
FXU and FUTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXU is a passively managed fund by First Trust that tracks the performance of the StrataQuant Utilities Index. It was launched on May 8, 2007. FUTY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Utilities Index. It was launched on Oct 21, 2013. Both FXU and FUTY 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: FXU or FUTY.
Correlation
The correlation between FXU and FUTY is 0.92, 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
FXU vs. FUTY - Performance Comparison
Key characteristics
FXU:
1.72
FUTY:
1.65
FXU:
2.38
FUTY:
2.27
FXU:
1.30
FUTY:
1.29
FXU:
1.70
FUTY:
1.30
FXU:
7.55
FUTY:
7.57
FXU:
3.34%
FUTY:
3.34%
FXU:
14.69%
FUTY:
15.30%
FXU:
-48.25%
FUTY:
-36.44%
FXU:
-7.34%
FUTY:
-7.93%
Returns By Period
The year-to-date returns for both investments are quite close, with FXU having a 22.54% return and FUTY slightly higher at 23.27%. Over the past 10 years, FXU has underperformed FUTY with an annualized return of 7.40%, while FUTY has yielded a comparatively higher 8.28% annualized return.
FXU
22.54%
-3.79%
15.79%
24.21%
8.20%
7.40%
FUTY
23.27%
-5.08%
11.55%
24.95%
6.13%
8.28%
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FXU vs. FUTY - Expense Ratio Comparison
FXU has a 0.62% expense ratio, which is higher than FUTY's 0.08% expense ratio.
Risk-Adjusted Performance
FXU vs. FUTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Utilities AlphaDEX Fund (FXU) and Fidelity MSCI Utilities Index ETF (FUTY). 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
FXU vs. FUTY - Dividend Comparison
FXU's dividend yield for the trailing twelve months is around 3.08%, more than FUTY's 2.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXU First Trust Utilities AlphaDEX Fund | 2.41% | 2.53% | 2.03% | 1.99% | 3.97% | 2.34% | 2.40% | 3.81% | 2.62% | 3.90% | 2.13% | 4.13% |
FUTY Fidelity MSCI Utilities Index ETF | 2.95% | 3.31% | 2.72% | 2.70% | 3.07% | 2.82% | 3.11% | 3.03% | 3.35% | 4.33% | 3.04% | 0.86% |
Drawdowns
FXU vs. FUTY - Drawdown Comparison
The maximum FXU drawdown since its inception was -48.25%, which is greater than FUTY's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for FXU and FUTY. For additional features, visit the drawdowns tool.
Volatility
FXU vs. FUTY - Volatility Comparison
First Trust Utilities AlphaDEX Fund (FXU) and Fidelity MSCI Utilities Index ETF (FUTY) have volatilities of 4.69% and 4.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.