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

Correlation

The correlation between KCE and FXO is 0.85, 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: 0.9

Performance

KCE vs. FXO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Capital Markets ETF (KCE) and First Trust Financials AlphaDEX Fund (FXO). The values are adjusted to include any dividend payments, if applicable.

150.00%200.00%250.00%300.00%NovemberDecember2025FebruaryMarchApril
151.54%
260.14%
KCE
FXO

Key characteristics

Sharpe Ratio

KCE:

0.51

FXO:

0.55

Sortino Ratio

KCE:

0.81

FXO:

0.88

Omega Ratio

KCE:

1.11

FXO:

1.12

Calmar Ratio

KCE:

0.59

FXO:

0.79

Martin Ratio

KCE:

2.14

FXO:

2.32

Ulcer Index

KCE:

5.28%

FXO:

4.66%

Daily Std Dev

KCE:

22.08%

FXO:

19.66%

Max Drawdown

KCE:

-74.00%

FXO:

-71.30%

Current Drawdown

KCE:

-19.25%

FXO:

-13.67%

Returns By Period

In the year-to-date period, KCE achieves a -13.26% return, which is significantly lower than FXO's -6.49% return. Over the past 10 years, KCE has outperformed FXO with an annualized return of 11.43%, while FXO has yielded a comparatively lower 10.29% annualized return.


KCE

YTD

-13.26%

1M

-8.79%

6M

-4.09%

1Y

10.25%

5Y*

24.56%

10Y*

11.43%

FXO

YTD

-6.49%

1M

-5.00%

6M

0.60%

1Y

10.54%

5Y*

24.36%

10Y*

10.29%

*Annualized

Compare stocks, funds, or ETFs

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


KCE vs. FXO - Expense Ratio Comparison

KCE has a 0.35% expense ratio, which is lower than FXO's 0.62% expense ratio.


FXO
First Trust Financials AlphaDEX Fund
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 KCE: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KCE: 0.35%

Risk-Adjusted Performance

KCE vs. FXO — Risk-Adjusted Performance Rank

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

KCE
The Risk-Adjusted Performance Rank of KCE is 6565
Overall Rank
The Sharpe Ratio Rank of KCE is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of KCE is 6464
Sortino Ratio Rank
The Omega Ratio Rank of KCE is 6565
Omega Ratio Rank
The Calmar Ratio Rank of KCE is 6868
Calmar Ratio Rank
The Martin Ratio Rank of KCE is 6565
Martin Ratio Rank

FXO
The Risk-Adjusted Performance Rank of FXO is 5959
Overall Rank
The Sharpe Ratio Rank of FXO is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of FXO is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FXO is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FXO is 6767
Calmar Ratio Rank
The Martin Ratio Rank of FXO is 5959
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.

KCE vs. FXO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Capital Markets ETF (KCE) 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.


Sharpe ratio
The chart of Sharpe ratio for KCE, currently valued at 0.51, compared to the broader market0.002.004.00
KCE: 0.51
FXO: 0.55
The chart of Sortino ratio for KCE, currently valued at 0.81, compared to the broader market-2.000.002.004.006.008.0010.0012.00
KCE: 0.81
FXO: 0.88
The chart of Omega ratio for KCE, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.00
KCE: 1.11
FXO: 1.12
The chart of Calmar ratio for KCE, currently valued at 0.59, compared to the broader market0.005.0010.0015.00
KCE: 0.59
FXO: 0.79
The chart of Martin ratio for KCE, currently valued at 2.14, compared to the broader market0.0020.0040.0060.0080.00100.00
KCE: 2.14
FXO: 2.32

The current KCE Sharpe Ratio is 0.51, which is comparable to the FXO Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of KCE 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 Ratio1.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.51
0.55
KCE
FXO

Dividends

KCE vs. FXO - Dividend Comparison

KCE's dividend yield for the trailing twelve months is around 1.83%, less than FXO's 2.30% yield.


TTM20242023202220212020201920182017201620152014
KCE
SPDR S&P Capital Markets ETF
1.83%1.56%1.82%2.42%1.53%2.20%2.32%2.67%1.95%2.30%2.43%1.59%
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

KCE vs. FXO - Drawdown Comparison

The maximum KCE drawdown since its inception was -74.00%, roughly equal to the maximum FXO drawdown of -71.30%. Use the drawdown chart below to compare losses from any high point for KCE and FXO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-19.25%
-13.67%
KCE
FXO

Volatility

KCE vs. FXO - Volatility Comparison

SPDR S&P Capital Markets ETF (KCE) has a higher volatility of 11.82% compared to First Trust Financials AlphaDEX Fund (FXO) at 9.04%. This indicates that KCE'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.


4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
11.82%
9.04%
KCE
FXO
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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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