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IXG vs. FXO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IXG 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.


-0.50.00.51.0
Correlation: 0.8

Performance

IXG vs. FXO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Financials ETF (IXG) and First Trust Financials AlphaDEX Fund (FXO). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%250.00%300.00%NovemberDecember2025FebruaryMarchApril
78.16%
260.14%
IXG
FXO

Key characteristics

Sharpe Ratio

IXG:

1.30

FXO:

0.54

Sortino Ratio

IXG:

1.78

FXO:

0.90

Omega Ratio

IXG:

1.28

FXO:

1.13

Calmar Ratio

IXG:

1.78

FXO:

0.59

Martin Ratio

IXG:

8.21

FXO:

2.03

Ulcer Index

IXG:

2.94%

FXO:

6.15%

Daily Std Dev

IXG:

18.63%

FXO:

23.22%

Max Drawdown

IXG:

-78.42%

FXO:

-71.30%

Current Drawdown

IXG:

-2.69%

FXO:

-13.67%

Returns By Period

In the year-to-date period, IXG achieves a 6.38% return, which is significantly higher than FXO's -6.49% return. Over the past 10 years, IXG has underperformed FXO with an annualized return of 8.41%, while FXO has yielded a comparatively higher 10.29% annualized return.


IXG

YTD

6.38%

1M

-1.98%

6M

8.77%

1Y

24.74%

5Y*

19.72%

10Y*

8.41%

FXO

YTD

-6.49%

1M

-6.56%

6M

-3.10%

1Y

13.14%

5Y*

21.21%

10Y*

10.29%

*Annualized

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IXG vs. FXO - Expense Ratio Comparison

IXG has a 0.46% expense ratio, which is lower than FXO's 0.62% expense ratio.


Expense ratio chart for FXO: current value is 0.62%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FXO: 0.62%
Expense ratio chart for IXG: current value is 0.46%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IXG: 0.46%

Risk-Adjusted Performance

IXG vs. FXO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IXG
The Risk-Adjusted Performance Rank of IXG is 8989
Overall Rank
The Sharpe Ratio Rank of IXG is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of IXG is 8585
Sortino Ratio Rank
The Omega Ratio Rank of IXG is 8888
Omega Ratio Rank
The Calmar Ratio Rank of IXG is 9292
Calmar Ratio Rank
The Martin Ratio Rank of IXG is 9191
Martin Ratio Rank

FXO
The Risk-Adjusted Performance Rank of FXO is 6262
Overall Rank
The Sharpe Ratio Rank of FXO is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of FXO is 6161
Sortino Ratio Rank
The Omega Ratio Rank of FXO is 6161
Omega Ratio Rank
The Calmar Ratio Rank of FXO is 6868
Calmar Ratio Rank
The Martin Ratio Rank of FXO is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IXG vs. FXO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Financials ETF (IXG) 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.


The chart of Sharpe ratio for IXG, currently valued at 1.30, compared to the broader market-1.000.001.002.003.004.00
IXG: 1.30
FXO: 0.54
The chart of Sortino ratio for IXG, currently valued at 1.78, compared to the broader market-2.000.002.004.006.008.00
IXG: 1.78
FXO: 0.90
The chart of Omega ratio for IXG, currently valued at 1.28, compared to the broader market0.501.001.502.002.50
IXG: 1.28
FXO: 1.13
The chart of Calmar ratio for IXG, currently valued at 1.78, compared to the broader market0.002.004.006.008.0010.0012.00
IXG: 1.78
FXO: 0.59
The chart of Martin ratio for IXG, currently valued at 8.21, compared to the broader market0.0020.0040.0060.00
IXG: 8.21
FXO: 2.03

The current IXG Sharpe Ratio is 1.30, which is higher than the FXO Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of IXG and FXO, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.30
0.54
IXG
FXO

Dividends

IXG vs. FXO - Dividend Comparison

IXG's dividend yield for the trailing twelve months is around 2.48%, more than FXO's 2.30% yield.


TTM20242023202220212020201920182017201620152014
IXG
iShares Global Financials ETF
2.48%2.64%2.62%3.71%1.68%2.13%2.87%3.14%2.12%2.21%2.79%2.38%
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

IXG vs. FXO - Drawdown Comparison

The maximum IXG drawdown since its inception was -78.42%, which is greater than FXO's maximum drawdown of -71.30%. Use the drawdown chart below to compare losses from any high point for IXG and FXO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-2.69%
-13.67%
IXG
FXO

Volatility

IXG vs. FXO - Volatility Comparison

The current volatility for iShares Global Financials ETF (IXG) is 13.33%, while First Trust Financials AlphaDEX Fund (FXO) has a volatility of 14.89%. This indicates that IXG experiences smaller price fluctuations and is considered to be less risky than FXO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
13.33%
14.89%
IXG
FXO