FXZ vs. IGLD
Compare and contrast key facts about First Trust Materials AlphaDEX Fund (FXZ) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD).
FXZ and IGLD 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. IGLD is an actively managed fund by First Trust. It was launched on Mar 2, 2021.
Performance
FXZ vs. IGLD - Performance Comparison
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FXZ vs. IGLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FXZ First Trust Materials AlphaDEX Fund | 17.95% | 16.25% | -16.31% | 16.27% | -0.92% | 20.17% |
IGLD FT Cboe Vest Gold Strategy Target Income ETF | 5.99% | 47.46% | 19.36% | 9.24% | -2.34% | 4.30% |
Returns By Period
In the year-to-date period, FXZ achieves a 17.95% return, which is significantly higher than IGLD's 5.99% 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%
IGLD
- 1D
- 3.70%
- 1M
- -10.43%
- YTD
- 5.99%
- 6M
- 16.73%
- 1Y
- 38.18%
- 3Y*
- 24.46%
- 5Y*
- 15.50%
- 10Y*
- —
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FXZ vs. IGLD - Expense Ratio Comparison
FXZ has a 0.67% expense ratio, which is lower than IGLD's 0.85% expense ratio.
Return for Risk
FXZ vs. IGLD — Risk / Return Rank
FXZ
IGLD
FXZ vs. IGLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Materials AlphaDEX Fund (FXZ) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). 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 | IGLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.52 | 1.62 | -0.10 |
Sortino ratioReturn per unit of downside risk | 2.12 | 2.09 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.32 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.45 | 2.25 | +0.20 |
Martin ratioReturn relative to average drawdown | 9.45 | 9.68 | -0.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FXZ | IGLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 1.62 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 1.05 | -0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 1.05 | -0.71 |
Correlation
The correlation between FXZ and IGLD is 0.24, 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. IGLD - Dividend Comparison
FXZ's dividend yield for the trailing twelve months is around 1.52%, less than IGLD's 12.45% yield.
| 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% |
IGLD FT Cboe Vest Gold Strategy Target Income ETF | 12.45% | 9.91% | 20.81% | 7.85% | 4.45% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FXZ vs. IGLD - Drawdown Comparison
The maximum FXZ drawdown since its inception was -65.46%, which is greater than IGLD's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for FXZ and IGLD.
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Drawdown Indicators
| FXZ | IGLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.46% | -18.59% | -46.87% |
Max Drawdown (1Y)Largest decline over 1 year | -16.38% | -17.56% | +1.18% |
Max Drawdown (5Y)Largest decline over 5 years | -33.99% | -18.59% | -15.40% |
Max Drawdown (10Y)Largest decline over 10 years | -49.41% | — | — |
Current DrawdownCurrent decline from peak | -4.10% | -11.57% | +7.47% |
Average DrawdownAverage peak-to-trough decline | -11.45% | -5.01% | -6.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.25% | 4.08% | +0.17% |
Volatility
FXZ vs. IGLD - Volatility Comparison
The current volatility for First Trust Materials AlphaDEX Fund (FXZ) is 8.64%, while FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a volatility of 11.19%. This indicates that FXZ experiences smaller price fluctuations and is considered to be less risky than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FXZ | IGLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.64% | 11.19% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 17.29% | 21.21% | -3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.42% | 23.75% | +2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.10% | 14.90% | +9.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.79% | 14.86% | +9.93% |