Correlation
The correlation between RFEM and NFTY is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
RFEM vs. NFTY
Compare and contrast key facts about First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) and First Trust India NIFTY 50 Equal Weight ETF (NFTY).
RFEM and NFTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RFEM is an actively managed fund by First Trust. It was launched on Jun 14, 2016. NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RFEM or NFTY.
Performance
RFEM vs. NFTY - Performance Comparison
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Key characteristics
RFEM:
0.40
NFTY:
0.19
RFEM:
0.54
NFTY:
0.26
RFEM:
1.07
NFTY:
1.03
RFEM:
0.35
NFTY:
0.08
RFEM:
0.99
NFTY:
0.16
RFEM:
5.54%
NFTY:
10.24%
RFEM:
18.77%
NFTY:
17.57%
RFEM:
-42.22%
NFTY:
-47.67%
RFEM:
-2.41%
NFTY:
-9.45%
Returns By Period
In the year-to-date period, RFEM achieves a 6.23% return, which is significantly higher than NFTY's 4.47% return.
RFEM
6.23%
3.30%
6.50%
8.73%
8.08%
8.98%
N/A
NFTY
4.47%
1.28%
0.74%
3.68%
11.87%
19.74%
5.97%
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RFEM vs. NFTY - Expense Ratio Comparison
RFEM has a 0.95% expense ratio, which is higher than NFTY's 0.80% expense ratio.
Risk-Adjusted Performance
RFEM vs. NFTY — Risk-Adjusted Performance Rank
RFEM
NFTY
RFEM vs. NFTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.
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Dividends
RFEM vs. NFTY - Dividend Comparison
RFEM's dividend yield for the trailing twelve months is around 3.42%, more than NFTY's 1.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RFEM First Trust RiverFront Dynamic Emerging Markets ETF | 3.42% | 3.64% | 3.28% | 7.74% | 3.21% | 1.22% | 3.75% | 2.37% | 1.62% | 3.73% | 0.00% | 0.00% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.41% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.40% | 0.52% |
Drawdowns
RFEM vs. NFTY - Drawdown Comparison
The maximum RFEM drawdown since its inception was -42.22%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for RFEM and NFTY.
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Volatility
RFEM vs. NFTY - Volatility Comparison
The current volatility for First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is 4.48%, while First Trust India NIFTY 50 Equal Weight ETF (NFTY) has a volatility of 6.01%. This indicates that RFEM experiences smaller price fluctuations and is considered to be less risky than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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