XNTK vs. FDN
Compare and contrast key facts about SPDR NYSE Technology ETF (XNTK) and First Trust Dow Jones Internet Index (FDN).
XNTK and FDN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNTK is a passively managed fund by State Street that tracks the performance of the NYSE Technology Index. It was launched on Sep 25, 2000. FDN is a passively managed fund by First Trust that tracks the performance of the Dow Jones Internet Index. It was launched on Jun 23, 2006. Both XNTK and FDN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XNTK or FDN.
Performance
XNTK vs. FDN - Performance Comparison
Returns By Period
In the year-to-date period, XNTK achieves a 25.31% return, which is significantly lower than FDN's 29.01% return. Over the past 10 years, XNTK has outperformed FDN with an annualized return of 19.04%, while FDN has yielded a comparatively lower 14.61% annualized return.
XNTK
25.31%
3.85%
9.85%
34.63%
22.28%
19.04%
FDN
29.01%
11.55%
19.40%
42.96%
12.23%
14.61%
Key characteristics
| XNTK | FDN | |
|---|---|---|
| Sharpe Ratio | 1.57 | 2.31 |
| Sortino Ratio | 2.10 | 2.95 |
| Omega Ratio | 1.28 | 1.40 |
| Calmar Ratio | 2.05 | 1.29 |
| Martin Ratio | 7.19 | 11.98 |
| Ulcer Index | 4.82% | 3.59% |
| Daily Std Dev | 22.03% | 18.59% |
| Max Drawdown | -76.26% | -61.55% |
| Current Drawdown | -1.37% | -4.59% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XNTK vs. FDN - Expense Ratio Comparison
XNTK has a 0.35% expense ratio, which is lower than FDN's 0.52% expense ratio.
Correlation
The correlation between XNTK and FDN is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
XNTK vs. FDN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR NYSE Technology ETF (XNTK) and First Trust Dow Jones Internet Index (FDN). 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.
Dividends
XNTK vs. FDN - Dividend Comparison
XNTK's dividend yield for the trailing twelve months is around 0.40%, while FDN has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XNTK SPDR NYSE Technology ETF | 0.40% | 0.34% | 0.85% | 0.34% | 0.30% | 0.61% | 29.64% | 1.29% | 0.81% | 0.93% | 0.87% | 1.05% |
FDN First Trust Dow Jones Internet Index | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XNTK vs. FDN - Drawdown Comparison
The maximum XNTK drawdown since its inception was -76.26%, which is greater than FDN's maximum drawdown of -61.55%. Use the drawdown chart below to compare losses from any high point for XNTK and FDN. For additional features, visit the drawdowns tool.
Volatility
XNTK vs. FDN - Volatility Comparison
SPDR NYSE Technology ETF (XNTK) and First Trust Dow Jones Internet Index (FDN) have volatilities of 5.49% and 5.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.