FXU vs. XAIX

Last updated Jul 17, 2026

FXU (First Trust Utilities AlphaDEX Fund) and XAIX (Xtrackers Artificial Intelligence and Big Data ETF) are both exchange-traded funds - FXU is a Utilities Equities fund tracking the StrataQuant Utilities Index, while XAIX is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index. Both are passively managed. Over the past year, FXU returned 20.25% vs 37.42% for XAIX. At a 0.07 correlation, their price movements are largely independent. FXU charges 0.62%/yr vs 0.35%/yr for XAIX.

Performance

FXU vs. XAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Utilities AlphaDEX Fund (FXU) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FXU achieves a 12.12% return, which is significantly lower than XAIX's 22.80% return.

FXU

• 1D: 1.07%
• 1M: 2.99%
• 6M: 8.95%
• YTD: 12.12%
• 1Y: 20.25%
• 3Y*: 18.58%
• 5Y*: 12.64%
• 10Y*: 9.14%

XAIX

• 1D: -2.80%
• 1M: -7.36%
• 6M: 21.87%
• YTD: 22.80%
• 1Y: 37.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FXU vs. XAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FXU First Trust Utilities AlphaDEX Fund	12.12%	21.86%	8.31%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	22.80%	29.05%	15.21%

Correlation

The correlation between FXU and XAIX is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024	0.07

The correlation between FXU and XAIX shifts across timeframes, from -0.15 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

FXU vs. XAIX - Sectors Allocation Comparison

Sectors	FXU	XAIX
Utilities	92.4%	0.0%
Industrials	4.0%	0.1%
Energy	3.6%	0.0%
Basic Materials	-	0.0%
Communication Services	-	11.3%
Consumer Cyclical	-	7.1%
Consumer Defensive	-	0.0%
Financial Services	-	4.0%
Healthcare	-	0.0%
Real Estate	-	-
Technology	-	77.4%

Return for Risk

FXU vs. XAIX — Risk / Return Rank

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

FXU

FXU Risk / Return Rank: 51
FXU Sharpe Ratio Rank: 54
FXU Sortino Ratio Rank: 51
FXU Omega Ratio Rank: 48
FXU Calmar Ratio Rank: 59
FXU Martin Ratio Rank: 45

XAIX

XAIX Risk / Return Rank: 55
XAIX Sharpe Ratio Rank: 54
XAIX Sortino Ratio Rank: 49
XAIX Omega Ratio Rank: 52
XAIX Calmar Ratio Rank: 67
XAIX Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FXU vs. XAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Utilities AlphaDEX Fund (FXU) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FXU	XAIX	Difference
Sharpe ratio: Return per unit of total volatility	1.49	1.48	+0.01
Sortino ratio: Return per unit of downside risk	2.06	1.99	+0.06
Omega ratio: Gain probability vs. loss probability	1.25	1.27	-0.01
Calmar ratio: Return relative to maximum drawdown	2.36	2.68	-0.33
Martin ratio: Return relative to average drawdown	5.98	7.89	-1.92

FXU vs. XAIX - Sharpe Ratio Comparison

The current FXU Sharpe Ratio is 1.49, which is comparable to the XAIX Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of FXU and XAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FXU vs. XAIX - Drawdown Comparison

The maximum FXU drawdown since its inception was -49.00%, which is greater than XAIX's maximum drawdown of -23.95%. Use the drawdown chart below to compare losses from any high point for FXU and XAIX.

Drawdown Indicators

	FXU	XAIX	Difference
Max Drawdown Largest peak-to-trough decline	-49.00%	-23.95%	-25.05%
Max Drawdown (1Y) Largest decline over 1 year	-8.63%	-14.01%	+5.38%
Max Drawdown (3Y) Largest decline over 3 years	-17.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.81%	—	—
Current Drawdown Current decline from peak	-2.14%	-13.54%	+11.40%
Average Drawdown Average peak-to-trough decline	-7.61%	-3.76%	-3.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	4.75%	-1.35%

Volatility

FXU vs. XAIX - Volatility Comparison

The current volatility for First Trust Utilities AlphaDEX Fund (FXU) is 4.63%, while Xtrackers Artificial Intelligence and Big Data ETF (XAIX) has a volatility of 10.90%. This indicates that FXU experiences smaller price fluctuations and is considered to be less risky than XAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FXU	XAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.63%	10.90%	-6.27%
Volatility (6M) Calculated over the trailing 6-month period	10.79%	22.73%	-11.94%
Volatility (1Y) Calculated over the trailing 1-year period	13.61%	25.35%	-11.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.61%	25.08%	-8.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.36%	25.08%	-6.72%

FXU vs. XAIX - Expense Ratio Comparison

FXU has a 0.62% expense ratio, which is higher than XAIX's 0.35% expense ratio.

Dividends

FXU vs. XAIX - Dividend Comparison

FXU's dividend yield for the trailing twelve months is around 2.13%, more than XAIX's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FXU First Trust Utilities AlphaDEX Fund	2.13%	2.29%	2.41%	2.52%	2.03%	2.00%	3.97%	2.34%	2.40%	3.81%	2.62%	3.90%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.42%	0.54%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FXU and XAIX in my portfolio?

FXU and XAIX have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FXU or XAIX?

XAIX has higher volatility (10.90%) compared to FXU (4.63%). In terms of maximum drawdown, FXU dropped -49.00% vs XAIX's -23.95%.

Which ETF is better, FXU or XAIX?

On 1-year performance, XAIX leads with 37.42% vs 20.25% for FXU. On fees, XAIX is cheaper at 0.35% per year. On volatility, FXU has been the lower-risk option at 4.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FXU or XAIX?

Over the 1-year period, XAIX has performed better with a 37.42% return vs 20.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FXU or XAIX?

XAIX is cheaper with a 0.35% expense ratio, compared with 0.62% for FXU.

Which ETF pays a higher dividend yield, FXU or XAIX?

FXU has the higher dividend yield at 2.13%, compared with 0.42% for XAIX.

What is the main difference between FXU and XAIX?

FXU is categorized as Utilities Equities, while XAIX is Technology Equities. FXU tracks StrataQuant Utilities Index, while XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index. They also come from different issuers: First Trust and Xtrackers. Their fees differ too: 0.62% for FXU and 0.35% for XAIX.

Which has better risk-adjusted returns?

FXU currently has the higher Sharpe Ratio (1.49 vs 1.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.