NXTG.L vs. FTFX.L
NXTG.L (First Trust Indxx NextG UCITS ETF USD (Acc)) and FTFX.L (First Trust FactorFX UCITS ETF Class A USD (Acc)) are both exchange-traded funds - NXTG.L is a Technology Equities fund tracking the Indxx 5G & NextG Thematic Index, while FTFX.L is a Currency fund tracking the Bloomberg G10 Carry Index. Both are passively managed. Over the past 5 years, NXTG.L returned 8.92%/yr vs 6.40%/yr for FTFX.L. At a correlation of -0.07, they often move in opposite directions. NXTG.L charges 0.70%/yr vs 0.75%/yr for FTFX.L.
Performance
NXTG.L vs. FTFX.L - Performance Comparison
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Different Trading Currencies
NXTG.L is traded in GBp, while FTFX.L is traded in USD. To make them comparable, the FTFX.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, NXTG.L achieves a 33.02% return, which is significantly higher than FTFX.L's 6.87% return.
NXTG.L
- 1D
- -1.06%
- 1M
- -8.46%
- 6M
- 28.75%
- YTD
- 33.02%
- 1Y
- 48.28%
- 3Y*
- 14.91%
- 5Y*
- 8.92%
- 10Y*
- 6.30%
FTFX.L
- 1D
- 0.42%
- 1M
- 0.56%
- 6M
- 5.28%
- YTD
- 6.87%
- 1Y
- 9.53%
- 3Y*
- 5.66%
- 5Y*
- 6.40%
- 10Y*
- —
NXTG.L vs. FTFX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NXTG.L First Trust Indxx NextG UCITS ETF USD (Acc) | 33.02% | 19.23% | 14.96% | 0.29% | -24.39% | 15.88% | 4.17% | 8.33% | -27.67% | 14.25% |
FTFX.L First Trust FactorFX UCITS ETF Class A USD (Acc) | 6.87% | 0.44% | 9.81% | 4.47% | 10.62% | -2.51% | -2.61% | 0.21% | 6.04% | -2.88% |
Correlation
The correlation between NXTG.L and FTFX.L is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2017 | -0.07 |
The correlation between NXTG.L and FTFX.L shifts across timeframes, from -0.10 (5 years) to 0.03 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
NXTG.L vs. FTFX.L — Risk / Return Rank
NXTG.L
FTFX.L
NXTG.L vs. FTFX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L) and First Trust FactorFX UCITS ETF Class A USD (Acc) (FTFX.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NXTG.L | FTFX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.19 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 2.29 | -0.40 |
| Martin ratioReturn relative to average drawdown | 3.93 | 6.18 | -2.25 |
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Drawdowns
NXTG.L vs. FTFX.L - Drawdown Comparison
The maximum NXTG.L drawdown since its inception was -45.94%, which is greater than FTFX.L's maximum drawdown of -15.71%. Use the drawdown chart below to compare losses from any high point for NXTG.L and FTFX.L.
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Drawdown Indicators
| NXTG.L | FTFX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.94% | -15.71% | -30.23% |
Max Drawdown (1Y)Largest decline over 1 year | -25.38% | -4.14% | -21.24% |
Max Drawdown (3Y)Largest decline over 3 years | -31.89% | -11.41% | -20.48% |
Max Drawdown (5Y)Largest decline over 5 years | -32.91% | -12.32% | -20.59% |
Max Drawdown (10Y)Largest decline over 10 years | -45.94% | — | — |
Current DrawdownCurrent decline from peak | -13.62% | -0.42% | -13.20% |
Average DrawdownAverage peak-to-trough decline | -19.85% | -6.07% | -13.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.24% | 1.54% | +10.70% |
Volatility
NXTG.L vs. FTFX.L - Volatility Comparison
First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L) has a higher volatility of 6.64% compared to First Trust FactorFX UCITS ETF Class A USD (Acc) (FTFX.L) at 2.27%. This indicates that NXTG.L's price experiences larger fluctuations and is considered to be riskier than FTFX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NXTG.L | FTFX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.64% | 2.27% | +4.37% |
Volatility (6M)Calculated over the trailing 6-month period | 15.87% | 6.66% | +9.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.86% | 8.92% | +37.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.04% | 10.78% | +32.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.81% | 10.08% | +22.73% |
NXTG.L vs. FTFX.L - Expense Ratio Comparison
NXTG.L has a 0.70% expense ratio, which is lower than FTFX.L's 0.75% expense ratio.
Dividends
NXTG.L vs. FTFX.L - Dividend Comparison
Neither NXTG.L nor FTFX.L has paid dividends to shareholders.
Frequently Asked Questions
NXTG.L and FTFX.L have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NXTG.L is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NXTG.L is cheaper with a 0.70% expense ratio, compared with 0.75% for FTFX.L.
NXTG.L is categorized as Technology Equities, while FTFX.L is Currency. NXTG.L tracks Indxx 5G & NextG Thematic Index, while FTFX.L tracks Bloomberg G10 Carry Index. Their fees differ too: 0.70% for NXTG.L and 0.75% for FTFX.L.
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