FYX vs. FNCMX
Compare and contrast key facts about First Trust Small Cap Core AlphaDEX Fund (FYX) and Fidelity NASDAQ Composite Index Fund (FNCMX).
FYX is a passively managed fund by First Trust that tracks the performance of the Nasdaq AlphaDEX Small Cap Core Index. It was launched on May 8, 2007. FNCMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FYX or FNCMX.
Correlation
The correlation between FYX 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.
Performance
FYX vs. FNCMX - Performance Comparison
Loading data...
Key characteristics
FYX:
-0.04
FNCMX:
0.41
FYX:
0.18
FNCMX:
0.74
FYX:
1.02
FNCMX:
1.10
FYX:
0.01
FNCMX:
0.43
FYX:
0.02
FNCMX:
1.43
FYX:
9.77%
FNCMX:
7.31%
FYX:
23.70%
FNCMX:
25.61%
FYX:
-61.80%
FNCMX:
-55.71%
FYX:
-17.59%
FNCMX:
-11.00%
Returns By Period
In the year-to-date period, FYX achieves a -10.39% return, which is significantly lower than FNCMX's -7.02% return. Over the past 10 years, FYX has underperformed FNCMX with an annualized return of 7.27%, while FNCMX has yielded a comparatively higher 14.12% annualized return.
FYX
-10.39%
11.05%
-14.98%
-0.57%
14.69%
7.27%
FNCMX
-7.02%
9.39%
-6.81%
10.34%
15.30%
14.12%
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.
Risk-Adjusted Performance
FYX vs. FNCMX — Risk-Adjusted Performance Rank
FYX
FNCMX
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.
Loading data...
Dividends
FYX vs. FNCMX - Dividend Comparison
FYX's dividend yield for the trailing twelve months is around 1.67%, more than FNCMX's 0.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FYX First Trust Small Cap Core AlphaDEX Fund | 1.67% | 1.62% | 1.22% | 0.95% | 0.99% | 0.65% | 1.12% | 1.08% | 0.60% | 0.94% | 0.88% | 0.58% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.65% | 0.61% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% |
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.
Loading data...
Volatility
FYX vs. FNCMX - Volatility Comparison
The current volatility for First Trust Small Cap Core AlphaDEX Fund (FYX) is 7.76%, while Fidelity NASDAQ Composite Index Fund (FNCMX) has a volatility of 8.50%. This indicates that FYX experiences smaller price fluctuations and is considered to be less risky than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...