Data as of Oct 28, 2026.
FXL vs IXN: Differences, Returns & Fees
Over the year to Oct 28, 2026, FXL returned +29.0% to IXN's +30.8%; 22% of their weight is in the same names.
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Net assets: $2.8bn on Oct 27, 2026 for First Trust Technology AlphaDEX Fund, and $9.5bn on Oct 28, 2026 for iShares Global Tech ETF.
Pair scorecard
IXN costs 0.23 points a year less; their one-year returns differ by 1.8 points; IXN is 3.3 times larger.
| Measure | FXL | IXN |
|---|---|---|
| Return | ||
| Total return, 1 year | +29.0% | +30.8% |
| Drawdown | ||
| Below its high | 5.9%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | StrataQuant Technology Index | S&P Global 1200 Information Technology 4 |
| Cost and size | ||
| Expense ratio | 0.60% | 0.37% |
| Net assets, as of Oct 26, 2026 | $2.8bn | $9.2bn |
| Holdings | ||
| Holdings in common | 22% | |
| Top ten holdings, share of the fund | 17.0% | 60.1% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
May 18, 2007 to Oct 23, 2026 · 1,014 weekly returnsIXN returned more: +1,486.5% to +1,055.5%. IXN swung slightly less: 21.7% to 23.7%. IXN fell less at its worst: −54.0% to −60.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FXL | IXN | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +1,055.5% | +1,486.5% | IXN | Price change plus distributions, reinvested. |
| Annualized | +13.4% | +15.2% | IXN | Total return as a yearly rate. |
| Price return | +995.5% | +1,241.5% | IXN | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 23.7% | 21.7% | IXN (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 16.4% | 14.9% | IXN (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −60.5% | −54.0% | IXN | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.58 | 0.69 | IXN | Return above Treasury bills per unit of volatility. |
| Sortino | 0.85 | 1.01 | IXN | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.22 | 0.28 | IXN | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,014 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FXL and IXN hold 22% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
22% in common
Only in one fund ↓
Side by side
FXL and IXN on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FXL and IXN are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FXL follows StrataQuant Technology Index and IXN follows S&P Global 1200 Information Technology 4.
- Holdings in common. 22% of the weight is in the same securities (holdings dated Oct 27, 2026).
- Cost. FXL charges 0.60% of assets a year and IXN 0.37%, a gap of 0.23 points.
Data as of Oct 28, 2026.
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Over the year to Oct 28, 2026 it returned +29.0% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index.
FXL tracks an index. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 27, 2026, 50% of the fund by weight is stocks the S&P 500 also holds, across 110 positions, with the top ten at 17.0%.
IXN
IXN tracks an index. Over the year to Oct 28, 2026 it returned +30.8% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 75% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 60.1%. It sat 5.9% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, FXL or IXN?
- In the year to Oct 28, 2026, with distributions reinvested, FXL returned +29.0% and IXN +30.8%.
- Which is cheaper, FXL or IXN?
- IXN is cheaper, by 0.23 percentage points a year. That is about $23 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, FXL against IXN, data as of Oct 28, 2026. https://etfiq.com/compare/any/fxl-vs-ixn
ETFIQ. (Oct 28, 2026). FXL against IXN. Retrieved from https://etfiq.com/compare/any/fxl-vs-ixn
[FXL against IXN (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/fxl-vs-ixn)
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