UXOC vs. FDL
UXOC (FT Vest U.S. Equity Uncapped Accelerator ETF - October) and FDL (First Trust Morningstar Dividend Leaders Index Fund) are both exchange-traded funds - UXOC is a Defined Outcome fund actively managed by First Trust, while FDL is a Large Cap Value Equities fund tracking the Morningstar Dividend Leaders Index. UXOC is actively managed, while FDL is passively managed. Over the past year, UXOC returned 28.98% vs 23.67% for FDL. At a 0.31 correlation, their price movements are largely independent. UXOC charges 0.85%/yr vs 0.45%/yr for FDL.
Performance
UXOC vs. FDL - Performance Comparison
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Returns By Period
In the year-to-date period, UXOC achieves a 11.39% return, which is significantly lower than FDL's 13.33% return.
UXOC
- 1D
- -0.73%
- 1M
- 5.74%
- YTD
- 11.39%
- 6M
- 11.16%
- 1Y
- 28.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDL
- 1D
- -0.26%
- 1M
- -0.26%
- YTD
- 13.33%
- 6M
- 14.76%
- 1Y
- 23.67%
- 3Y*
- 18.97%
- 5Y*
- 12.51%
- 10Y*
- 11.24%
UXOC vs. FDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UXOC FT Vest U.S. Equity Uncapped Accelerator ETF - October | 11.39% | 17.29% | 0.01% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 13.33% | 14.79% | -2.11% |
Correlation
The correlation between UXOC and FDL is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2024 | 0.31 |
The correlation between UXOC and FDL shifts across timeframes, from 0.18 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
UXOC vs. FDL — Risk / Return Rank
UXOC
FDL
UXOC vs. FDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Uncapped Accelerator ETF - October (UXOC) and First Trust Morningstar Dividend Leaders Index Fund (FDL). 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.
| UXOC | FDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.97 | 5.56 | -2.60 |
| Martin ratioReturn relative to average drawdown | 12.98 | 13.56 | -0.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UXOC | FDL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | 2.11 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.88 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.66 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.45 | +0.56 |
Drawdowns
UXOC vs. FDL - Drawdown Comparison
The maximum UXOC drawdown since its inception was -19.93%, smaller than the maximum FDL drawdown of -65.93%. Use the drawdown chart below to compare losses from any high point for UXOC and FDL.
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Drawdown Indicators
| UXOC | FDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.93% | -65.93% | +46.00% |
Max Drawdown (1Y)Largest decline over 1 year | -9.81% | -4.27% | -5.54% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.24% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.40% | — |
Current DrawdownCurrent decline from peak | -0.73% | -2.18% | +1.45% |
Average DrawdownAverage peak-to-trough decline | -2.74% | -9.66% | +6.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 1.75% | +0.49% |
Volatility
UXOC vs. FDL - Volatility Comparison
FT Vest U.S. Equity Uncapped Accelerator ETF - October (UXOC) has a higher volatility of 3.36% compared to First Trust Morningstar Dividend Leaders Index Fund (FDL) at 2.85%. This indicates that UXOC's price experiences larger fluctuations and is considered to be riskier than FDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UXOC | FDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.36% | 2.85% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 9.90% | 7.87% | +2.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.24% | 11.28% | +1.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.96% | 14.31% | +3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.96% | 17.11% | +0.85% |
UXOC vs. FDL - Expense Ratio Comparison
UXOC has a 0.85% expense ratio, which is higher than FDL's 0.45% expense ratio.
Dividends
UXOC vs. FDL - Dividend Comparison
UXOC has not paid dividends to shareholders, while FDL's dividend yield for the trailing twelve months is around 3.68%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDL First Trust Morningstar Dividend Leaders Index Fund | 3.68% | 4.04% | 4.96% | 4.58% | 3.58% | 4.59% | 4.48% | 3.75% | 3.97% | 3.18% | 2.93% | 3.65% |
UXOC FT Vest U.S. Equity Uncapped Accelerator ETF - October | 0.00% | 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
UXOC and FDL have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UXOC has higher volatility (3.36%) compared to FDL (2.85%). In terms of maximum drawdown, UXOC dropped -19.93% vs FDL's -65.93%.
On 1-year performance, UXOC leads with 28.98% vs 23.67% for FDL. On fees, FDL is cheaper at 0.45% per year. On volatility, FDL has been the lower-risk option at 2.85%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, UXOC has performed better with a 28.98% return vs 23.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDL is cheaper with a 0.45% expense ratio, compared with 0.85% for UXOC.
FDL has the higher dividend yield at 3.68%, compared with 0.00% for UXOC.
UXOC is categorized as Defined Outcome, while FDL is Large Cap Value Equities. Their fees differ too: 0.85% for UXOC and 0.45% for FDL.
UXOC currently has the higher Sharpe Ratio (2.20 vs 2.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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