IXN vs. FCPT
Compare and contrast key facts about iShares Global Tech ETF (IXN) and Four Corners Property Trust, Inc. (FCPT).
IXN is a passively managed fund by iShares that tracks the performance of the S&P Global Information Technology Sector Index. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IXN or FCPT.
Key characteristics
| IXN | FCPT | |
|---|---|---|
| YTD Return | 3.77% | -5.85% |
| 1Y Return | 35.43% | 0.12% |
| 3Y Return (Ann) | 9.34% | -2.47% |
| 5Y Return (Ann) | 19.61% | 1.28% |
| Sharpe Ratio | 2.09 | -0.09 |
| Daily Std Dev | 17.91% | 21.16% |
| Max Drawdown | -55.67% | -57.60% |
| Current Drawdown | -6.42% | -13.26% |
Correlation
The correlation between IXN and FCPT is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IXN vs. FCPT - Performance Comparison
In the year-to-date period, IXN achieves a 3.77% return, which is significantly higher than FCPT's -5.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IXN vs. FCPT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) and Four Corners Property Trust, Inc. (FCPT). 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
IXN vs. FCPT - Dividend Comparison
IXN's dividend yield for the trailing twelve months is around 0.53%, less than FCPT's 5.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXN iShares Global Tech ETF | 0.53% | 0.55% | 0.81% | 0.58% | 0.63% | 1.06% | 0.94% | 0.93% | 1.03% | 1.12% | 1.14% | 1.02% |
FCPT Four Corners Property Trust, Inc. | 5.83% | 5.40% | 5.16% | 4.38% | 5.17% | 4.08% | 3.15% | 3.90% | 45.27% | 0.00% | 0.00% | 0.00% |
Drawdowns
IXN vs. FCPT - Drawdown Comparison
The maximum IXN drawdown since its inception was -55.67%, roughly equal to the maximum FCPT drawdown of -57.60%. Use the drawdown chart below to compare losses from any high point for IXN and FCPT. For additional features, visit the drawdowns tool.
Volatility
IXN vs. FCPT - Volatility Comparison
The current volatility for iShares Global Tech ETF (IXN) is 5.73%, while Four Corners Property Trust, Inc. (FCPT) has a volatility of 7.20%. This indicates that IXN experiences smaller price fluctuations and is considered to be less risky than FCPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.