FXZ vs. XME
Compare and contrast key facts about First Trust Materials AlphaDEX Fund (FXZ) and SPDR S&P Metals & Mining ETF (XME).
FXZ and XME 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. XME is a passively managed fund by State Street that tracks the performance of the S&P Metals & Mining Select Industry Index. It was launched on Jun 19, 2006. Both FXZ and XME 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: FXZ or XME.
Key characteristics
| FXZ | XME | |
|---|---|---|
| YTD Return | -3.81% | 15.27% |
| 1Y Return | 10.62% | 40.02% |
| 3Y Return (Ann) | 2.88% | 14.62% |
| 5Y Return (Ann) | 12.76% | 22.07% |
| 10Y Return (Ann) | 9.07% | 8.48% |
| Sharpe Ratio | 0.62 | 1.57 |
| Sortino Ratio | 0.98 | 2.19 |
| Omega Ratio | 1.12 | 1.28 |
| Calmar Ratio | 0.69 | 1.17 |
| Martin Ratio | 1.71 | 6.28 |
| Ulcer Index | 6.83% | 6.50% |
| Daily Std Dev | 18.94% | 26.05% |
| Max Drawdown | -65.46% | -85.94% |
| Current Drawdown | -8.18% | -8.76% |
Correlation
The correlation between FXZ and XME is 0.81, 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
FXZ vs. XME - Performance Comparison
In the year-to-date period, FXZ achieves a -3.81% return, which is significantly lower than XME's 15.27% return. Over the past 10 years, FXZ has outperformed XME with an annualized return of 9.07%, while XME has yielded a comparatively lower 8.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. XME - Expense Ratio Comparison
FXZ has a 0.67% expense ratio, which is higher than XME's 0.35% expense ratio.
Risk-Adjusted Performance
FXZ vs. XME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Materials AlphaDEX Fund (FXZ) and SPDR S&P Metals & Mining ETF (XME). 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
FXZ vs. XME - Dividend Comparison
FXZ's dividend yield for the trailing twelve months is around 1.52%, more than XME's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXZ First Trust Materials AlphaDEX Fund | 1.52% | 1.97% | 1.56% | 1.11% | 1.51% | 1.58% | 1.38% | 1.01% | 1.19% | 1.26% | 1.73% | 0.90% |
XME SPDR S&P Metals & Mining ETF | 0.58% | 1.00% | 1.64% | 0.70% | 0.99% | 2.43% | 2.23% | 1.15% | 1.02% | 2.61% | 2.21% | 1.32% |
Drawdowns
FXZ vs. XME - Drawdown Comparison
The maximum FXZ drawdown since its inception was -65.46%, smaller than the maximum XME drawdown of -85.94%. Use the drawdown chart below to compare losses from any high point for FXZ and XME. For additional features, visit the drawdowns tool.
Volatility
FXZ vs. XME - Volatility Comparison
The current volatility for First Trust Materials AlphaDEX Fund (FXZ) is 5.50%, while SPDR S&P Metals & Mining ETF (XME) has a volatility of 9.52%. This indicates that FXZ experiences smaller price fluctuations and is considered to be less risky than XME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.