IAI vs. FXO
Compare and contrast key facts about iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and First Trust Financials AlphaDEX Fund (FXO).
IAI and FXO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IAI is a passively managed fund by iShares that tracks the performance of the DJ US Select / Investment Services. It was launched on May 1, 2006. FXO is a passively managed fund by First Trust that tracks the performance of the StrataQuant Financials Index. It was launched on May 8, 2007. Both IAI and FXO 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: IAI or FXO.
Correlation
The correlation between IAI and FXO is 0.78, 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
IAI vs. FXO - Performance Comparison
Key characteristics
IAI:
1.00
FXO:
0.54
IAI:
1.49
FXO:
0.90
IAI:
1.22
FXO:
1.13
IAI:
1.05
FXO:
0.59
IAI:
4.02
FXO:
2.03
IAI:
6.04%
FXO:
6.15%
IAI:
24.46%
FXO:
23.22%
IAI:
-75.33%
FXO:
-71.30%
IAI:
-12.53%
FXO:
-13.67%
Returns By Period
In the year-to-date period, IAI achieves a -3.30% return, which is significantly higher than FXO's -6.49% return. Over the past 10 years, IAI has outperformed FXO with an annualized return of 14.34%, while FXO has yielded a comparatively lower 10.32% annualized return.
IAI
-3.30%
-2.39%
3.84%
24.39%
21.38%
14.34%
FXO
-6.49%
-6.01%
-3.10%
13.61%
20.06%
10.32%
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IAI vs. FXO - Expense Ratio Comparison
IAI has a 0.41% expense ratio, which is lower than FXO's 0.62% expense ratio.
Risk-Adjusted Performance
IAI vs. FXO — Risk-Adjusted Performance Rank
IAI
FXO
IAI vs. FXO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and First Trust Financials AlphaDEX Fund (FXO). 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
IAI vs. FXO - Dividend Comparison
IAI's dividend yield for the trailing twelve months is around 1.17%, less than FXO's 2.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF | 1.17% | 1.05% | 1.80% | 2.14% | 1.31% | 1.55% | 1.52% | 1.58% | 1.37% | 1.48% | 1.31% | 1.13% |
FXO First Trust Financials AlphaDEX Fund | 2.30% | 1.97% | 2.98% | 2.49% | 1.91% | 2.60% | 1.72% | 2.60% | 1.62% | 1.35% | 1.51% | 1.53% |
Drawdowns
IAI vs. FXO - Drawdown Comparison
The maximum IAI drawdown since its inception was -75.33%, which is greater than FXO's maximum drawdown of -71.30%. Use the drawdown chart below to compare losses from any high point for IAI and FXO. For additional features, visit the drawdowns tool.
Volatility
IAI vs. FXO - Volatility Comparison
iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) has a higher volatility of 15.97% compared to First Trust Financials AlphaDEX Fund (FXO) at 14.89%. This indicates that IAI's price experiences larger fluctuations and is considered to be riskier than FXO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.