FXG, which has added $452.8 million in new assets this year, is part of First Trust’s expansive lineup of AlphaDex ETFs, funds that are based “on growth factors including three, six and 12-month price appreciation, sales to price and one year sales growth, and, separately, on value factors including book value to price, cash flow to price and return on assets,” according to the issuer. [Smart Beta ETFs on the Rise]
The Vanguard Consumer Staples ETF (NYSEArca: VDC) is higher by almost 3% this year. In December, Vanguard lowered fees on its sector ETFs to 0.12%, putting VDC into a tie with theFidelity MSCI Consumer Staples Index ETF (NYSEArca: FSTA) for the title of least expensive consumer staples ETF.
Like FXG, VDC earns a marketweight rating from S&P Capital IQ.
“All three ETFs earn favorable S&P Capital IQ ranking inputs for S&P Capital IQ Quality Rankings and Qualitative Risk Assessments, but XLP has the lowest standard deviation,” said the research firm of FXG, VDC and XLP. [More Vanguard Fee Cuts]
Consumer Staples Select Sector SPDR