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FYX vs. FNCMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FYX and FNCMX 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.


-0.50.00.51.00.8

Performance

FYX vs. FNCMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Small Cap Core AlphaDEX Fund (FYX) and Fidelity NASDAQ Composite Index Fund (FNCMX). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%600.00%700.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
290.94%
735.97%
FYX
FNCMX

Key characteristics

Sharpe Ratio

FYX:

0.74

FNCMX:

1.86

Sortino Ratio

FYX:

1.18

FNCMX:

2.43

Omega Ratio

FYX:

1.14

FNCMX:

1.33

Calmar Ratio

FYX:

1.19

FNCMX:

2.54

Martin Ratio

FYX:

3.97

FNCMX:

9.45

Ulcer Index

FYX:

3.77%

FNCMX:

3.53%

Daily Std Dev

FYX:

20.35%

FNCMX:

17.93%

Max Drawdown

FYX:

-61.80%

FNCMX:

-55.71%

Current Drawdown

FYX:

-7.74%

FNCMX:

-2.99%

Returns By Period

In the year-to-date period, FYX achieves a 12.59% return, which is significantly lower than FNCMX's 31.22% return. Over the past 10 years, FYX has underperformed FNCMX with an annualized return of 8.72%, while FNCMX has yielded a comparatively higher 15.65% annualized return.


FYX

YTD

12.59%

1M

-2.90%

6M

14.82%

1Y

13.14%

5Y*

10.64%

10Y*

8.72%

FNCMX

YTD

31.22%

1M

3.26%

6M

10.97%

1Y

31.66%

5Y*

17.22%

10Y*

15.65%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FYX vs. FNCMX - Expense Ratio Comparison

FYX has a 0.63% expense ratio, which is higher than FNCMX's 0.29% expense ratio.


FYX
First Trust Small Cap Core AlphaDEX Fund
Expense ratio chart for FYX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
Expense ratio chart for FNCMX: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Risk-Adjusted Performance

FYX vs. FNCMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Small Cap Core AlphaDEX Fund (FYX) 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.


Sharpe ratio
The chart of Sharpe ratio for FYX, currently valued at 0.74, compared to the broader market0.002.004.000.741.86
The chart of Sortino ratio for FYX, currently valued at 1.18, compared to the broader market-2.000.002.004.006.008.0010.001.182.43
The chart of Omega ratio for FYX, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.33
The chart of Calmar ratio for FYX, currently valued at 1.19, compared to the broader market0.005.0010.0015.001.192.54
The chart of Martin ratio for FYX, currently valued at 3.97, compared to the broader market0.0020.0040.0060.0080.00100.003.979.45
FYX
FNCMX

The current FYX Sharpe Ratio is 0.74, which is lower than the FNCMX Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of FYX and FNCMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.74
1.86
FYX
FNCMX

Dividends

FYX vs. FNCMX - Dividend Comparison

FYX's dividend yield for the trailing twelve months is around 2.01%, more than FNCMX's 0.51% yield.


TTM20232022202120202019201820172016201520142013
FYX
First Trust Small Cap Core AlphaDEX Fund
1.61%1.22%0.95%0.99%0.64%1.12%1.08%0.60%0.94%0.88%0.58%0.35%
FNCMX
Fidelity NASDAQ Composite Index Fund
0.51%0.67%0.88%0.47%0.67%0.97%0.94%0.70%0.91%0.89%0.80%0.72%

Drawdowns

FYX vs. FNCMX - Drawdown Comparison

The maximum FYX drawdown since its inception was -61.80%, which is greater than FNCMX's maximum drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for FYX and FNCMX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.74%
-2.99%
FYX
FNCMX

Volatility

FYX vs. FNCMX - Volatility Comparison

First Trust Small Cap Core AlphaDEX Fund (FYX) has a higher volatility of 5.98% compared to Fidelity NASDAQ Composite Index Fund (FNCMX) at 5.06%. This indicates that FYX'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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.98%
5.06%
FYX
FNCMX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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