FYC vs. FNCMX
Compare and contrast key facts about First Trust Small Cap Growth AlphaDEX Fund (FYC) and Fidelity NASDAQ Composite Index Fund (FNCMX).
FYC is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Small Cap Growth Index. It was launched on Apr 19, 2011. FNCMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FYC or FNCMX.
Performance
FYC vs. FNCMX - Performance Comparison
Returns By Period
In the year-to-date period, FYC achieves a 30.93% return, which is significantly higher than FNCMX's 27.15% return. Over the past 10 years, FYC has underperformed FNCMX with an annualized return of 11.15%, while FNCMX has yielded a comparatively higher 15.27% annualized return.
FYC
30.93%
9.43%
25.05%
44.56%
13.20%
11.15%
FNCMX
27.15%
2.23%
13.73%
33.89%
17.59%
15.27%
Key characteristics
| FYC | FNCMX | |
|---|---|---|
| Sharpe Ratio | 2.22 | 1.97 |
| Sortino Ratio | 3.06 | 2.59 |
| Omega Ratio | 1.37 | 1.35 |
| Calmar Ratio | 1.62 | 2.63 |
| Martin Ratio | 15.12 | 9.85 |
| Ulcer Index | 3.04% | 3.50% |
| Daily Std Dev | 20.69% | 17.51% |
| Max Drawdown | -47.85% | -55.71% |
| Current Drawdown | -1.69% | -1.64% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FYC vs. FNCMX - Expense Ratio Comparison
FYC has a 0.71% expense ratio, which is higher than FNCMX's 0.29% expense ratio.
Correlation
The correlation between FYC and FNCMX is 0.79, 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.
Risk-Adjusted Performance
FYC vs. FNCMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Small Cap Growth AlphaDEX Fund (FYC) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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
FYC vs. FNCMX - Dividend Comparison
FYC's dividend yield for the trailing twelve months is around 0.70%, more than FNCMX's 0.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FYC First Trust Small Cap Growth AlphaDEX Fund | 0.70% | 0.58% | 0.00% | 0.63% | 0.12% | 0.39% | 0.09% | 0.11% | 0.31% | 0.22% | 0.03% | 0.02% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.52% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% | 0.72% |
Drawdowns
FYC vs. FNCMX - Drawdown Comparison
The maximum FYC drawdown since its inception was -47.85%, smaller than the maximum FNCMX drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for FYC and FNCMX. For additional features, visit the drawdowns tool.
Volatility
FYC vs. FNCMX - Volatility Comparison
First Trust Small Cap Growth AlphaDEX Fund (FYC) has a higher volatility of 7.72% compared to Fidelity NASDAQ Composite Index Fund (FNCMX) at 5.57%. This indicates that FYC's price experiences larger fluctuations and is considered to be riskier than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.