RACK vs. FTXL

Last updated Jun 5, 2026

RACK (VanEck Data Center Supply Chain ETF) and FTXL (First Trust Nasdaq Semiconductor ETF) are both exchange-traded funds - RACK is a Technology Equities fund tracking the MarketVector Data Center Supply Chain Index, while FTXL is a Semiconductors fund tracking the Nasdaq U.S. Smart Semiconductor Index. Both are passively managed. With a 1.00 correlation, they move nearly in lockstep. RACK charges 0.50%/yr vs 0.60%/yr for FTXL.

Performance

RACK vs. FTXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Data Center Supply Chain ETF (RACK) and First Trust Nasdaq Semiconductor ETF (FTXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RACK

• 1D: -2.11%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTXL

• 1D: -2.24%
• 1M: 21.46%
• YTD: 110.86%
• 6M: 111.07%
• 1Y: 214.18%
• 3Y*: 61.46%
• 5Y*: 34.02%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RACK vs. FTXL - Yearly Performance Comparison

	2026 (YTD)
RACK VanEck Data Center Supply Chain ETF	-2.16%
FTXL First Trust Nasdaq Semiconductor ETF	-0.08%

Correlation

The correlation between RACK and FTXL is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026	1.00

Return for Risk

RACK vs. FTXL — Risk / Return Rank

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

FTXL

FTXL Risk / Return Rank: 97
FTXL Sharpe Ratio Rank: 98
FTXL Sortino Ratio Rank: 96
FTXL Omega Ratio Rank: 95
FTXL Calmar Ratio Rank: 98
FTXL Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RACK vs. FTXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Data Center Supply Chain ETF (RACK) and First Trust Nasdaq Semiconductor ETF (FTXL). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	RACK	FTXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	6.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.95	—
Sharpe Ratio (All Time) Calculated using the full available price history	-5.75	0.93	-6.68

Drawdowns

RACK vs. FTXL - Drawdown Comparison

The maximum RACK drawdown since its inception was -2.16%, smaller than the maximum FTXL drawdown of -43.87%. Use the drawdown chart below to compare losses from any high point for RACK and FTXL.

Drawdown Indicators

	RACK	FTXL	Difference
Max Drawdown Largest peak-to-trough decline	-2.16%	-43.87%	+41.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.51%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-41.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-43.87%	—
Current Drawdown Current decline from peak	-2.16%	-2.24%	+0.08%
Average Drawdown Average peak-to-trough decline	-1.11%	-10.55%	+9.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.88%	—

Volatility

Volatility by Period

	RACK	FTXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.03%	35.94%	-12.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.03%	36.03%	-13.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.03%	34.25%	-11.22%

RACK vs. FTXL - Expense Ratio Comparison

RACK has a 0.50% expense ratio, which is lower than FTXL's 0.60% expense ratio.

Dividends

RACK vs. FTXL - Dividend Comparison

RACK has not paid dividends to shareholders, while FTXL's dividend yield for the trailing twelve months is around 0.13%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTXL First Trust Nasdaq Semiconductor ETF	0.13%	0.28%	0.54%	0.60%	0.89%	0.25%	0.48%	0.92%	0.71%	0.47%	0.12%
RACK VanEck Data Center Supply Chain ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RACK and FTXL in my portfolio?

With a correlation of 1.00, RACK and FTXL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, RACK or FTXL?

On fees, RACK is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RACK or FTXL?

RACK is cheaper with a 0.50% expense ratio, compared with 0.60% for FTXL.

Which ETF pays a higher dividend yield, RACK or FTXL?

FTXL has the higher dividend yield at 0.13%, compared with 0.00% for RACK.

What is the main difference between RACK and FTXL?

RACK is categorized as Technology Equities, while FTXL is Semiconductors. RACK tracks MarketVector Data Center Supply Chain Index, while FTXL tracks Nasdaq U.S. Smart Semiconductor Index. They also come from different issuers: VanEck and First Trust. Their fees differ too: 0.50% for RACK and 0.60% for FTXL.