VNIE vs. FDT
VNIE (Vontobel International Equity Active ETF) and FDT (First Trust Developed Markets ex-US AlphaDEX Fund) are both Foreign Large Cap Equities funds. VNIE is actively managed, while FDT is passively managed. Over the past year, VNIE returned -2.11% vs 45.60% for FDT. A 0.77 correlation means they provide meaningful diversification when combined. VNIE charges 0.60%/yr vs 0.80%/yr for FDT.
Performance
VNIE vs. FDT - Performance Comparison
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Returns By Period
In the year-to-date period, VNIE achieves a 1.52% return, which is significantly lower than FDT's 19.01% return.
VNIE
- 1D
- -3.53%
- 1M
- -4.28%
- YTD
- 1.52%
- 6M
- 2.99%
- 1Y
- -2.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDT
- 1D
- -4.71%
- 1M
- -2.93%
- YTD
- 19.01%
- 6M
- 21.30%
- 1Y
- 45.60%
- 3Y*
- 27.63%
- 5Y*
- 11.36%
- 10Y*
- 10.20%
VNIE vs. FDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VNIE Vontobel International Equity Active ETF | 1.52% | -1.46% |
FDT First Trust Developed Markets ex-US AlphaDEX Fund | 19.01% | 30.00% |
Correlation
The correlation between VNIE and FDT is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since May 16, 2025 | 0.77 |
The correlation between VNIE and FDT has been stable across timeframes, ranging from 0.77 to 0.77 - a consistent structural relationship.
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Return for Risk
VNIE vs. FDT — Risk / Return Rank
VNIE
FDT
VNIE vs. FDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vontobel International Equity Active ETF (VNIE) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT). 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.
| VNIE | FDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.56 | ||
| Sortino ratioReturn per unit of downside risk | -3.19 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.44 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 3.43 | -3.60 |
| Martin ratioReturn relative to average drawdown | -0.44 | 13.29 | -13.73 |
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
| VNIE | FDT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.14 | 2.41 | -2.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.62 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.38 | -0.37 |
Drawdowns
VNIE vs. FDT - Drawdown Comparison
The maximum VNIE drawdown since its inception was -13.11%, smaller than the maximum FDT drawdown of -46.10%. Use the drawdown chart below to compare losses from any high point for VNIE and FDT.
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Drawdown Indicators
| VNIE | FDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.11% | -46.10% | +32.99% |
Max Drawdown (1Y)Largest decline over 1 year | -13.11% | -13.41% | +0.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.29% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.04% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.10% | — |
Current DrawdownCurrent decline from peak | -6.78% | -6.68% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -10.77% | +6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.15% | 3.45% | +1.70% |
Volatility
VNIE vs. FDT - Volatility Comparison
The current volatility for Vontobel International Equity Active ETF (VNIE) is 6.43%, while First Trust Developed Markets ex-US AlphaDEX Fund (FDT) has a volatility of 8.24%. This indicates that VNIE experiences smaller price fluctuations and is considered to be less risky than FDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VNIE | FDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 8.24% | -1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 14.17% | 16.69% | -2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.79% | 19.06% | -3.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.53% | 18.35% | -2.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.53% | 18.58% | -3.05% |
VNIE vs. FDT - Expense Ratio Comparison
VNIE has a 0.60% expense ratio, which is lower than FDT's 0.80% expense ratio.
Dividends
VNIE vs. FDT - Dividend Comparison
VNIE's dividend yield for the trailing twelve months is around 0.32%, less than FDT's 2.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDT First Trust Developed Markets ex-US AlphaDEX Fund | 2.99% | 3.27% | 3.89% | 4.36% | 2.29% | 3.80% | 2.42% | 2.78% | 2.13% | 1.57% | 1.76% | 1.83% |
VNIE Vontobel International Equity Active ETF | 0.32% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VNIE and FDT have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDT has higher volatility (8.24%) compared to VNIE (6.43%). In terms of maximum drawdown, VNIE dropped -13.11% vs FDT's -46.10%.
On 1-year performance, FDT leads with 45.60% vs -2.11% for VNIE. On fees, VNIE is cheaper at 0.60% per year. On volatility, VNIE has been the lower-risk option at 6.43%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FDT has performed better with a 45.60% return vs -2.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VNIE is cheaper with a 0.60% expense ratio, compared with 0.80% for FDT.
FDT has the higher dividend yield at 2.99%, compared with 0.32% for VNIE.
They also come from different issuers: Vontobel and First Trust. Their fees differ too: 0.60% for VNIE and 0.80% for FDT.
FDT currently has the higher Sharpe Ratio (2.41 vs -0.14), 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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