FXZ vs. GLD
Compare and contrast key facts about First Trust Materials AlphaDEX Fund (FXZ) and SPDR Gold Shares (GLD).
FXZ and GLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXZ is a passively managed fund by First Trust that tracks the performance of the StrataQuant Materials Index. It was launched on May 8, 2007. GLD is a passively managed fund by State Street that tracks the performance of the LBMA Gold Price PM. It was launched on Nov 18, 2004. Both FXZ and GLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FXZ vs. GLD - Performance Comparison
Loading graphics...
FXZ vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FXZ First Trust Materials AlphaDEX Fund | 17.95% | 16.25% | -16.31% | 16.27% | -0.92% | 30.84% | 22.52% | 21.52% | -22.62% | 23.72% |
GLD SPDR Gold Shares | 8.57% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
Returns By Period
In the year-to-date period, FXZ achieves a 17.95% return, which is significantly higher than GLD's 8.57% return. Over the past 10 years, FXZ has underperformed GLD with an annualized return of 11.09%, while GLD has yielded a comparatively higher 13.92% annualized return.
FXZ
- 1D
- 3.07%
- 1M
- -3.11%
- YTD
- 17.95%
- 6M
- 24.85%
- 1Y
- 39.96%
- 3Y*
- 7.22%
- 5Y*
- 8.21%
- 10Y*
- 11.09%
GLD
- 1D
- 3.79%
- 1M
- -11.05%
- YTD
- 8.57%
- 6M
- 21.05%
- 1Y
- 49.33%
- 3Y*
- 32.92%
- 5Y*
- 21.58%
- 10Y*
- 13.92%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FXZ vs. GLD - Expense Ratio Comparison
FXZ has a 0.67% expense ratio, which is higher than GLD's 0.40% expense ratio.
Return for Risk
FXZ vs. GLD — Risk / Return Rank
FXZ
GLD
FXZ vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Materials AlphaDEX Fund (FXZ) and SPDR Gold Shares (GLD). 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.
| FXZ | GLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.52 | 1.79 | -0.27 |
Sortino ratioReturn per unit of downside risk | 2.12 | 2.21 | -0.09 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.33 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.45 | 2.68 | -0.23 |
Martin ratioReturn relative to average drawdown | 9.45 | 9.90 | -0.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FXZ | GLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 1.79 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 1.22 | -0.88 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.88 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.62 | -0.29 |
Correlation
The correlation between FXZ and GLD is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FXZ vs. GLD - Dividend Comparison
FXZ's dividend yield for the trailing twelve months is around 1.52%, while GLD has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXZ First Trust Materials AlphaDEX Fund | 1.52% | 1.74% | 1.81% | 1.97% | 1.56% | 1.11% | 1.51% | 1.58% | 1.38% | 1.01% | 1.19% | 1.26% |
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FXZ vs. GLD - Drawdown Comparison
The maximum FXZ drawdown since its inception was -65.46%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for FXZ and GLD.
Loading graphics...
Drawdown Indicators
| FXZ | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.46% | -45.56% | -19.90% |
Max Drawdown (1Y)Largest decline over 1 year | -16.38% | -19.21% | +2.83% |
Max Drawdown (5Y)Largest decline over 5 years | -33.99% | -21.03% | -12.96% |
Max Drawdown (10Y)Largest decline over 10 years | -49.41% | -22.00% | -27.41% |
Current DrawdownCurrent decline from peak | -4.10% | -13.23% | +9.13% |
Average DrawdownAverage peak-to-trough decline | -11.45% | -16.17% | +4.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.25% | 5.20% | -0.95% |
Volatility
FXZ vs. GLD - Volatility Comparison
The current volatility for First Trust Materials AlphaDEX Fund (FXZ) is 8.64%, while SPDR Gold Shares (GLD) has a volatility of 11.06%. This indicates that FXZ experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FXZ | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.64% | 11.06% | -2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 17.29% | 24.30% | -7.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.42% | 27.80% | -1.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.10% | 17.74% | +6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.79% | 15.87% | +8.92% |