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NXTG vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NXTG and VOO is 0.73, 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.


-0.50.00.51.00.7

Performance

NXTG vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx NextG ETF (NXTG) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.34%
9.97%
NXTG
VOO

Key characteristics

Sharpe Ratio

NXTG:

1.13

VOO:

2.22

Sortino Ratio

NXTG:

1.58

VOO:

2.95

Omega Ratio

NXTG:

1.20

VOO:

1.42

Calmar Ratio

NXTG:

1.71

VOO:

3.27

Martin Ratio

NXTG:

5.04

VOO:

14.57

Ulcer Index

NXTG:

3.13%

VOO:

1.90%

Daily Std Dev

NXTG:

14.00%

VOO:

12.47%

Max Drawdown

NXTG:

-33.61%

VOO:

-33.99%

Current Drawdown

NXTG:

-2.11%

VOO:

-1.77%

Returns By Period

In the year-to-date period, NXTG achieves a 14.30% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, NXTG has underperformed VOO with an annualized return of 10.57%, while VOO has yielded a comparatively higher 13.12% annualized return.


NXTG

YTD

14.30%

1M

1.95%

6M

7.34%

1Y

15.78%

5Y*

11.25%

10Y*

10.57%

VOO

YTD

26.92%

1M

0.27%

6M

10.43%

1Y

27.36%

5Y*

14.95%

10Y*

13.12%

Compare stocks, funds, or ETFs

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


NXTG vs. VOO - Expense Ratio Comparison

NXTG has a 0.70% expense ratio, which is higher than VOO's 0.03% expense ratio.


NXTG
First Trust Indxx NextG ETF
Expense ratio chart for NXTG: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

NXTG vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx NextG ETF (NXTG) and Vanguard S&P 500 ETF (VOO). 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 NXTG, currently valued at 1.13, compared to the broader market0.002.004.001.132.20
The chart of Sortino ratio for NXTG, currently valued at 1.58, compared to the broader market-2.000.002.004.006.008.0010.001.582.93
The chart of Omega ratio for NXTG, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.41
The chart of Calmar ratio for NXTG, currently valued at 1.71, compared to the broader market0.005.0010.0015.001.713.24
The chart of Martin ratio for NXTG, currently valued at 5.04, compared to the broader market0.0020.0040.0060.0080.00100.005.0414.39
NXTG
VOO

The current NXTG Sharpe Ratio is 1.13, which is lower than the VOO Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of NXTG and VOO, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.13
2.20
NXTG
VOO

Dividends

NXTG vs. VOO - Dividend Comparison

NXTG's dividend yield for the trailing twelve months is around 1.49%, more than VOO's 1.23% yield.


TTM20232022202120202019201820172016201520142013
NXTG
First Trust Indxx NextG ETF
1.49%2.15%2.04%0.78%1.04%0.77%1.27%1.65%1.23%1.11%1.07%0.86%
VOO
Vanguard S&P 500 ETF
1.23%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

NXTG vs. VOO - Drawdown Comparison

The maximum NXTG drawdown since its inception was -33.61%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NXTG and VOO. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.11%
-1.77%
NXTG
VOO

Volatility

NXTG vs. VOO - Volatility Comparison

First Trust Indxx NextG ETF (NXTG) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.78% and 3.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.78%
3.77%
NXTG
VOO
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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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