VIS vs. FXR

Last updated Jun 4, 2026

VIS (Vanguard Industrials ETF) and FXR (First Trust Industrials/Producer Durables AlphaDEX Fund) are both Industrials Equities funds - VIS tracks the MSCI US Investable Market Industrials 25/50 Index while FXR tracks the StrataQuant Industrials Index. Both are passively managed. Over the past 10 years, VIS returned 14.06%/yr vs 12.70%/yr for FXR. Their correlation of 0.89 suggests significant overlap in exposure. VIS charges 0.10%/yr vs 0.64%/yr for FXR.

Performance

VIS vs. FXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Industrials ETF (VIS) and First Trust Industrials/Producer Durables AlphaDEX Fund (FXR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VIS achieves a 14.63% return, which is significantly higher than FXR's 8.45% return. Over the past 10 years, VIS has outperformed FXR with an annualized return of 14.06%, while FXR has yielded a comparatively lower 12.70% annualized return.

VIS

• 1D: -0.31%
• 1M: 2.27%
• YTD: 14.63%
• 6M: 15.23%
• 1Y: 26.72%
• 3Y*: 22.52%
• 5Y*: 12.60%
• 10Y*: 14.06%

FXR

• 1D: -0.51%
• 1M: 1.16%
• YTD: 8.45%
• 6M: 10.07%
• 1Y: 20.53%
• 3Y*: 16.51%
• 5Y*: 8.41%
• 10Y*: 12.70%

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

VIS vs. FXR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIS Vanguard Industrials ETF	14.63%	18.57%	16.85%	22.50%	-8.57%	20.80%	12.34%	30.09%	-14.01%	21.47%
FXR First Trust Industrials/Producer Durables AlphaDEX Fund	8.45%	7.56%	16.19%	26.98%	-16.68%	25.07%	12.82%	33.42%	-15.12%	24.20%

Correlation

The correlation between VIS and FXR is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since May 11, 2007	0.89

The correlation between VIS and FXR has been stable across timeframes, ranging from 0.89 to 0.96 - a consistent structural relationship.

VIS vs. FXR - Sectors Allocation Comparison

Sectors	VIS	FXR
Industrials	89.4%	70.5%
Technology	4.5%	10.3%
Utilities	4.3%	0.7%
Consumer Cyclical	1.1%	7.5%
Financial Services	0.2%	3.4%
Energy	0.1%	-
Basic Materials	0.1%	6.2%
Communication Services	0.0%	-
Real Estate	0.0%	-
Healthcare	0.0%	0.7%
Consumer Defensive	-	-

Return for Risk

VIS vs. FXR — Risk / Return Rank

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

VIS

VIS Risk / Return Rank: 46
VIS Sharpe Ratio Rank: 46
VIS Sortino Ratio Rank: 47
VIS Omega Ratio Rank: 43
VIS Calmar Ratio Rank: 43
VIS Martin Ratio Rank: 52

FXR

FXR Risk / Return Rank: 31
FXR Sharpe Ratio Rank: 30
FXR Sortino Ratio Rank: 32
FXR Omega Ratio Rank: 28
FXR Calmar Ratio Rank: 31
FXR Martin Ratio Rank: 32

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.

VIS vs. FXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Industrials ETF (VIS) and First Trust Industrials/Producer Durables AlphaDEX Fund (FXR). 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.

	VIS	FXR	Difference
Sharpe ratio Return per unit of total volatility	1.64	1.09	+0.55
Sortino ratio Return per unit of downside risk	2.37	1.71	+0.66
Omega ratio Gain probability vs. loss probability	1.28	1.19	+0.09
Calmar ratio Return relative to maximum drawdown	2.18	1.51	+0.67
Martin ratio Return relative to average drawdown	9.06	4.82	+4.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VIS vs. FXR - Sharpe Ratio Comparison

The current VIS Sharpe Ratio is 1.64, which is higher than the FXR Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of VIS and FXR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VIS	FXR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	1.09	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.41	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.58	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.37	+0.15

Drawdowns

VIS vs. FXR - Drawdown Comparison

The maximum VIS drawdown since its inception was -63.51%, roughly equal to the maximum FXR drawdown of -63.81%. Use the drawdown chart below to compare losses from any high point for VIS and FXR.

Drawdown Indicators

	VIS	FXR	Difference
Max Drawdown Largest peak-to-trough decline	-63.51%	-63.81%	+0.30%
Max Drawdown (1Y) Largest decline over 1 year	-12.29%	-13.66%	+1.37%
Max Drawdown (3Y) Largest decline over 3 years	-20.80%	-26.65%	+5.85%
Max Drawdown (5Y) Largest decline over 5 years	-22.96%	-26.85%	+3.89%
Max Drawdown (10Y) Largest decline over 10 years	-42.42%	-44.71%	+2.29%
Current Drawdown Current decline from peak	-1.22%	-5.35%	+4.13%
Average Drawdown Average peak-to-trough decline	-8.38%	-10.35%	+1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	4.27%	-1.31%

Volatility

VIS vs. FXR - Volatility Comparison

The current volatility for Vanguard Industrials ETF (VIS) is 5.15%, while First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) has a volatility of 5.52%. This indicates that VIS experiences smaller price fluctuations and is considered to be less risky than FXR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VIS	FXR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.15%	5.52%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	13.47%	14.61%	-1.14%
Volatility (1Y) Calculated over the trailing 1-year period	16.42%	18.98%	-2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.35%	20.57%	-2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.43%	21.92%	-1.49%

VIS vs. FXR - Expense Ratio Comparison

VIS has a 0.10% expense ratio, which is lower than FXR's 0.64% expense ratio.

Dividends

VIS vs. FXR - Dividend Comparison

VIS's dividend yield for the trailing twelve months is around 0.89%, more than FXR's 0.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FXR First Trust Industrials/Producer Durables AlphaDEX Fund	0.63%	0.71%	0.72%	0.77%	0.92%	0.52%	1.06%	0.74%	1.18%	0.55%	0.52%	0.62%
VIS Vanguard Industrials ETF	0.89%	1.01%	1.23%	1.36%	1.52%	1.11%	1.38%	1.68%	1.90%	1.60%	1.81%	1.94%

Frequently Asked Questions

Can I hold both VIS and FXR in my portfolio?

With a correlation of 0.91, VIS and FXR 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 is riskier, VIS or FXR?

FXR has higher volatility (5.52%) compared to VIS (5.15%). In terms of maximum drawdown, VIS dropped -63.51% vs FXR's -63.81%.

Which ETF is better, VIS or FXR?

On 10-year performance, VIS leads with 14.06% vs 12.70% for FXR. On fees, VIS is cheaper at 0.10% per year. On volatility, VIS has been the lower-risk option at 5.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VIS or FXR?

Over the 10-year period, VIS has performed better with a 14.06% return vs 12.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VIS or FXR?

VIS is cheaper with a 0.10% expense ratio, compared with 0.64% for FXR.

Which ETF pays a higher dividend yield, VIS or FXR?

VIS has the higher dividend yield at 0.89%, compared with 0.63% for FXR.

What is the main difference between VIS and FXR?

VIS tracks MSCI US Investable Market Industrials 25/50 Index, while FXR tracks StrataQuant Industrials Index. They also come from different issuers: Vanguard and First Trust. Their fees differ too: 0.10% for VIS and 0.64% for FXR.

Which has better risk-adjusted returns?

VIS currently has the higher Sharpe Ratio (1.64 vs 1.09), 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.