FYT vs. XSMO
Compare and contrast key facts about First Trust Small Cap Value AlphaDEX Fund (FYT) and Invesco S&P SmallCap Momentum ETF (XSMO).
FYT and XSMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FYT is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Small Cap Value Index. It was launched on Apr 18, 2011. XSMO is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Index. It was launched on Mar 3, 2005. Both FYT and XSMO 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: FYT or XSMO.
Correlation
The correlation between FYT and XSMO is 0.76, 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
FYT vs. XSMO - Performance Comparison
Key characteristics
FYT:
-0.37
XSMO:
0.17
FYT:
-0.38
XSMO:
0.44
FYT:
0.95
XSMO:
1.05
FYT:
-0.31
XSMO:
0.17
FYT:
-0.96
XSMO:
0.55
FYT:
9.25%
XSMO:
7.88%
FYT:
24.39%
XSMO:
25.00%
FYT:
-50.48%
XSMO:
-58.07%
FYT:
-24.98%
XSMO:
-19.50%
Returns By Period
In the year-to-date period, FYT achieves a -17.94% return, which is significantly lower than XSMO's -10.46% return. Over the past 10 years, FYT has underperformed XSMO with an annualized return of 4.33%, while XSMO has yielded a comparatively higher 9.43% annualized return.
FYT
-17.94%
-10.51%
-18.63%
-10.27%
16.42%
4.33%
XSMO
-10.46%
-4.96%
-12.00%
5.51%
15.16%
9.43%
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FYT vs. XSMO - Expense Ratio Comparison
FYT has a 0.72% expense ratio, which is higher than XSMO's 0.39% expense ratio.
Risk-Adjusted Performance
FYT vs. XSMO — Risk-Adjusted Performance Rank
FYT
XSMO
FYT vs. XSMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Small Cap Value AlphaDEX Fund (FYT) and Invesco S&P SmallCap Momentum ETF (XSMO). 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
FYT vs. XSMO - Dividend Comparison
FYT's dividend yield for the trailing twelve months is around 2.26%, more than XSMO's 0.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FYT First Trust Small Cap Value AlphaDEX Fund | 2.26% | 2.07% | 1.50% | 1.36% | 1.19% | 0.96% | 1.44% | 1.78% | 1.16% | 1.16% | 0.96% | 0.85% |
XSMO Invesco S&P SmallCap Momentum ETF | 0.93% | 0.63% | 0.96% | 1.19% | 0.30% | 0.82% | 0.69% | 0.65% | 0.28% | 0.30% | 0.35% | 1.31% |
Drawdowns
FYT vs. XSMO - Drawdown Comparison
The maximum FYT drawdown since its inception was -50.48%, smaller than the maximum XSMO drawdown of -58.07%. Use the drawdown chart below to compare losses from any high point for FYT and XSMO. For additional features, visit the drawdowns tool.
Volatility
FYT vs. XSMO - Volatility Comparison
First Trust Small Cap Value AlphaDEX Fund (FYT) and Invesco S&P SmallCap Momentum ETF (XSMO) have volatilities of 14.34% and 14.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.