XDUS.L vs. FEXD.L

Last updated Jun 5, 2026

XDUS.L (Xtrackers MSCI USA UCITS ETF 1C) and FEXD.L (First Trust US Large Cap Core AlphaDEX UCITS Class B) are both Large Cap Blend Equities funds tracking the Russell 1000 TR USD, from Xtrackers and First Trust respectively. Both are passively managed. Over the past 10 years, XDUS.L returned 16.05%/yr vs 12.39%/yr for FEXD.L. A 0.65 correlation means they provide meaningful diversification when combined. XDUS.L charges 0.07%/yr vs 0.75%/yr for FEXD.L.

Performance

XDUS.L vs. FEXD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI USA UCITS ETF 1C (XDUS.L) and First Trust US Large Cap Core AlphaDEX UCITS Class B (FEXD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDUS.L achieves a 10.50% return, which is significantly lower than FEXD.L's 14.06% return. Over the past 10 years, XDUS.L has outperformed FEXD.L with an annualized return of 16.05%, while FEXD.L has yielded a comparatively lower 12.39% annualized return.

XDUS.L

• 1D: 0.05%
• 1M: 5.63%
• YTD: 10.50%
• 6M: 10.29%
• 1Y: 28.78%
• 3Y*: 19.16%
• 5Y*: 14.56%
• 10Y*: 16.05%

FEXD.L

• 1D: -0.11%
• 1M: 5.28%
• YTD: 14.06%
• 6M: 14.03%
• 1Y: 28.95%
• 3Y*: 16.32%
• 5Y*: 10.82%
• 10Y*: 12.39%

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

XDUS.L vs. FEXD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XDUS.L Xtrackers MSCI USA UCITS ETF 1C	10.50%	9.21%	27.38%	20.65%	-10.42%	28.96%	16.52%	26.57%	-0.19%	10.82%
FEXD.L First Trust US Large Cap Core AlphaDEX UCITS Class B	14.06%	6.55%	17.43%	7.00%	-3.00%	26.00%	9.31%	21.74%	-6.95%	9.63%

Correlation

The correlation between XDUS.L and FEXD.L is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Jun 2, 2015	0.65

The correlation between XDUS.L and FEXD.L shifts across timeframes, from 0.58 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

XDUS.L vs. FEXD.L — Risk / Return Rank

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

XDUS.L

XDUS.L Risk / Return Rank: 79
XDUS.L Sharpe Ratio Rank: 83
XDUS.L Sortino Ratio Rank: 81
XDUS.L Omega Ratio Rank: 84
XDUS.L Calmar Ratio Rank: 76
XDUS.L Martin Ratio Rank: 73

FEXD.L

FEXD.L Risk / Return Rank: 93
FEXD.L Sharpe Ratio Rank: 92
FEXD.L Sortino Ratio Rank: 92
FEXD.L Omega Ratio Rank: 90
FEXD.L Calmar Ratio Rank: 96
FEXD.L Martin Ratio Rank: 95

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.

XDUS.L vs. FEXD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA UCITS ETF 1C (XDUS.L) and First Trust US Large Cap Core AlphaDEX UCITS Class B (FEXD.L). 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.

	XDUS.L	FEXD.L	Difference
Sharpe ratio: Return per unit of total volatility	2.68	3.19	-0.52
Sortino ratio: Return per unit of downside risk	3.59	4.43	-0.84
Omega ratio: Gain probability vs. loss probability	1.50	1.57	-0.07
Calmar ratio: Return relative to maximum drawdown	3.82	8.72	-4.90
Martin ratio: Return relative to average drawdown	13.55	28.19	-14.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDUS.L vs. FEXD.L - Sharpe Ratio Comparison

The current XDUS.L Sharpe Ratio is 2.68, which is comparable to the FEXD.L Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of XDUS.L and FEXD.L, 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

	XDUS.L	FEXD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	3.19	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.00	0.84	+0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.05	0.88	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.80	+0.28

Drawdowns

XDUS.L vs. FEXD.L - Drawdown Comparison

The maximum XDUS.L drawdown since its inception was -25.82%, smaller than the maximum FEXD.L drawdown of -31.91%. Use the drawdown chart below to compare losses from any high point for XDUS.L and FEXD.L.

Drawdown Indicators

	XDUS.L	FEXD.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.82%	-31.91%	+6.09%
Max Drawdown (1Y) Largest decline over 1 year	-7.50%	-4.52%	-2.98%
Max Drawdown (3Y) Largest decline over 3 years	-21.51%	-21.63%	+0.12%
Max Drawdown (5Y) Largest decline over 5 years	-21.51%	-21.63%	+0.12%
Max Drawdown (10Y) Largest decline over 10 years	-25.82%	-31.91%	+6.09%
Current Drawdown Current decline from peak	-0.16%	-0.11%	-0.05%
Average Drawdown Average peak-to-trough decline	-3.60%	-4.35%	+0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	4.88%	-2.76%

Volatility

XDUS.L vs. FEXD.L - Volatility Comparison

The current volatility for Xtrackers MSCI USA UCITS ETF 1C (XDUS.L) is 2.60%, while First Trust US Large Cap Core AlphaDEX UCITS Class B (FEXD.L) has a volatility of 3.73%. This indicates that XDUS.L experiences smaller price fluctuations and is considered to be less risky than FEXD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDUS.L	FEXD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	3.73%	-1.13%
Volatility (6M) Calculated over the trailing 6-month period	7.27%	9.14%	-1.87%
Volatility (1Y) Calculated over the trailing 1-year period	10.70%	12.33%	-1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.64%	16.33%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.25%	18.76%	-2.51%

XDUS.L vs. FEXD.L - Expense Ratio Comparison

XDUS.L has a 0.07% expense ratio, which is lower than FEXD.L's 0.75% expense ratio.

Dividends

XDUS.L vs. FEXD.L - Dividend Comparison

XDUS.L has not paid dividends to shareholders, while FEXD.L's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FEXD.L First Trust US Large Cap Core AlphaDEX UCITS Class B	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
XDUS.L Xtrackers MSCI USA UCITS ETF 1C	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 XDUS.L and FEXD.L in my portfolio?

XDUS.L and FEXD.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDUS.L or FEXD.L?

On fees, XDUS.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDUS.L or FEXD.L?

XDUS.L is cheaper with a 0.07% expense ratio, compared with 0.75% for FEXD.L.

What is the main difference between XDUS.L and FEXD.L?

Both ETFs track Russell 1000 TR USD. They also come from different issuers: Xtrackers and First Trust. Their fees differ too: 0.07% for XDUS.L and 0.75% for FEXD.L.