LFEQ vs. FV
Compare and contrast key facts about VanEck Long/Flat Trend ETF (LFEQ) and First Trust Dorsey Wright Focus 5 ETF (FV).
LFEQ and FV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LFEQ is a passively managed fund by VanEck that tracks the performance of the Ned Davis Research CMG US Large Cap Long/Flat Index - USD. It was launched on Oct 4, 2017. FV is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright Focus Five Index. It was launched on Mar 5, 2014. Both LFEQ and FV 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: LFEQ or FV.
Key characteristics
| LFEQ | FV | |
|---|---|---|
| YTD Return | 11.67% | 10.53% |
| 1Y Return | 26.75% | 31.68% |
| 3Y Return (Ann) | 6.11% | 8.47% |
| 5Y Return (Ann) | 12.37% | 14.81% |
| Sharpe Ratio | 2.28 | 1.72 |
| Daily Std Dev | 11.41% | 17.43% |
| Max Drawdown | -35.19% | -34.04% |
| Current Drawdown | 0.00% | -0.52% |
Correlation
The correlation between LFEQ and FV 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
LFEQ vs. FV - Performance Comparison
In the year-to-date period, LFEQ achieves a 11.67% return, which is significantly higher than FV's 10.53% 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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LFEQ vs. FV - Expense Ratio Comparison
LFEQ has a 0.58% expense ratio, which is lower than FV's 0.87% expense ratio.
Risk-Adjusted Performance
LFEQ vs. FV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Long/Flat Trend ETF (LFEQ) and First Trust Dorsey Wright Focus 5 ETF (FV). 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
LFEQ vs. FV - Dividend Comparison
LFEQ's dividend yield for the trailing twelve months is around 1.40%, more than FV's 0.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
LFEQ VanEck Long/Flat Trend ETF | 1.40% | 1.56% | 1.19% | 0.37% | 2.06% | 1.45% | 1.07% | 0.38% | 0.00% | 0.00% | 0.00% |
FV First Trust Dorsey Wright Focus 5 ETF | 0.19% | 0.47% | 1.38% | 0.11% | 0.06% | 0.56% | 0.19% | 0.67% | 0.95% | 0.14% | 0.10% |
Drawdowns
LFEQ vs. FV - Drawdown Comparison
The maximum LFEQ drawdown since its inception was -35.19%, roughly equal to the maximum FV drawdown of -34.04%. Use the drawdown chart below to compare losses from any high point for LFEQ and FV. For additional features, visit the drawdowns tool.
Volatility
LFEQ vs. FV - Volatility Comparison
The current volatility for VanEck Long/Flat Trend ETF (LFEQ) is 3.43%, while First Trust Dorsey Wright Focus 5 ETF (FV) has a volatility of 4.97%. This indicates that LFEQ experiences smaller price fluctuations and is considered to be less risky than FV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.