FXD vs RSPD
First Trust Consumer Discretionary AlphaDEX Fund vs Invesco S&P 500 Equal Weight Consumer Discretionary ETF
Which is better, FXD or RSPD?
Nearly the same fund. RSPD costs less.
RSPD has a lower expense ratio. FXD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. FXD is less concentrated, with 17.5% of the fund in its ten largest positions against 23.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FXD | RSPD |
|---|---|---|
| Expense Ratio | 0.60% | 0.40%Best |
| AUM | $251M | $374M |
| Dividend Yield | 0.75% | 0.99% |
| Holdings | 226 | 101 |
| YTD Return | -5.38%Best | -7.70% |
| 1Y Return | -1.94%Best | -5.94% |
| 3Y Return (annualized) | +10.11%Best | +9.57% |
| 5Y Return (annualized) | +2.25%Best | +2.01% |
| Volatility (annualized) | 22.3%Best | 22.7% |
| Max Drawdown | -65.7%Best | -68.8% |
| $10,000 over 5 years | $11,177Best | $11,046 |
| Top 10 Weight | 17.5%Best | 23.3% |
| Fund Family | First Trust Portfolios (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | May 8, 2007 | Nov 1, 2006 |
Volatility and max drawdown are measured over the window both funds cover: May 10, 2007 to Oct 14, 2026 (19.4 years).
FXD vs RSPD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 19.4 years both funds cover.
FXD vs RSPD Performance
First Trust Consumer Discretionary AlphaDEX Fund (FXD) is an ETF from First Trust Portfolios (US) and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is an ETF from Invesco (US). Over the past year FXD returned -1.94% while RSPD returned -5.94%. Year to date, FXD is down 5.38% versus a loss of 7.70% for RSPD.
Over three years, FXD compounded at +10.11% per year against +9.57% for RSPD; over five years the annualized figures are +2.25% and +2.01% respectively. Across the full 19-year window we track, FXD has the edge at +6.50% annualized vs +6.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPD has been the more volatile fund, with annualized monthly volatility of 22.7% compared with 22.3% for FXD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -65.7% for FXD and -68.8% for RSPD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FXD charges 0.60% per year while RSPD charges 0.40%. On a $10,000 position that is $60 vs $40 annually, a gap of $20 per year that compounds over a long holding period. On income, FXD currently yields 0.75% against 0.99% for RSPD.
Holdings Overlap
25.1% of FXD's money is in holdings RSPD also owns. 72.0% of RSPD's money is in holdings FXD also owns.
Most of RSPD is already inside FXD. Owning both mostly buys the same companies twice.
33 positions in common, counted across the 112 positions we hold weights for in FXD and 47 in RSPD, against full books of 226 and 101.
What only one of them owns
Our book lists 14 positions for RSPD that do not appear in our book for FXD (28.0% of the fund), and 77 for FXD that do not appear in RSPD (73.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FXD | Weight in RSPD | Difference |
|---|---|---|---|
| CCL:BMCarnival Corp Ltd Common Stock Usd.01 | 1.17% | 2.49% | 1.32% |
| RLRalph Lauren Corp. Class A | 1.17% | 2.39% | 1.22% |
| PHMPultegroup Inc. | 1.36% | 2.14% | 0.78% |
| EBAYEbay Inc. | 1.23% | 2.26% | 1.03% |
| LULULululemon Athletica, Inc | 1.34% | 2.08% | 0.74% |
| GMGeneral Motors Co | 1.31% | 2.05% | 0.74% |
| ULTAUlta Beauty Inc. | 1.12% | 2.21% | 1.09% |
| BBYBest Buy Co Inc | 1.08% | 2.23% | 1.15% |
| LENLennar Corp. Class A | 1.14% | 2.17% | 1.03% |
| ROSTRoss Stores, Inc. | 1.00% | 2.23% | 1.23% |
72.0% of RSPD is already inside FXD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FXD or RSPD?
FXD has an expense ratio of 0.60% while RSPD charges 0.40%. RSPD is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, FXD or RSPD?
Over the past year FXD returned -1.94% vs -5.94% for RSPD, so FXD leads on 1-year performance. Over the longest common window we track (19 years), FXD annualized +6.50% vs +6.45% for RSPD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FXD or RSPD?
RSPD has been the more volatile fund at 22.7% annualized versus 22.3% for FXD. Worst drawdown: FXD -65.7% vs RSPD -68.8%.
Should I hold both FXD and RSPD?
FXD and RSPD have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FXD and RSPD?
72.0% of RSPD's money is in holdings FXD also owns. 72.0% of RSPD's is in holdings FXD also owns. They hold 33 positions in common, counted across the 112 positions we hold weights for in FXD and 47 in RSPD.
Which pays a higher dividend, FXD or RSPD?
FXD yields 0.75% while RSPD yields 0.99%, so RSPD currently pays the higher dividend yield.
Is RSPD better than FXD?
RSPD has a lower expense ratio. FXD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. FXD is less concentrated, with 17.5% of the fund in its ten largest positions against 23.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.