BWX vs FXL

Comparison between SPDR Bloomberg International Treasury Bond ETF (BWX, ETF) and FIRST TRUST TECHNOLOGY ALPHADEX FUND (FXL, ETF).

5-Year PerformanceFXL has outperformed BWX, delivering a return of +13.4% compared to -4.3%

BWX vs FXL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BWX(ETF)	FXL(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	0.35%	0.60%
Max Drawdown	35.95%	61.41%
Sharpe Ratio	-0.66	1.75
5Y Beta	0.00	1.38
P/E Ratio	N/A	29.06
Forward P/E	N/A	15.88
5Y Dividends CAGR	13.39%	-17.34%
5Y EPS CAGR	N/A	22.17%
Debt to Equity	N/A	15.37%
P/S Ratio	N/A	1.54
P/B Ratio	N/A	3.41

Net Assets

BWX

$1.50B

FXL

$1.50B

Expense Ratio

Winner

BWX

0.35%

FXL

0.60%

Max Drawdown

Winner

BWX

35.95%

FXL

61.41%

Sharpe Ratio

BWX

-0.66

Winner

FXL

1.75

5Y Beta

Winner

BWX

0.00

FXL

1.38

P/E Ratio

BWX

N/A

FXL

29.06

Forward P/E

BWX

N/A

FXL

15.88

5Y Dividends CAGR

Winner

BWX

13.39%

FXL

-17.34%

5Y EPS CAGR

BWX

N/A

FXL

22.17%

Debt to Equity

BWX

N/A

FXL

15.37%

P/S Ratio

BWX

N/A

FXL

1.54

P/B Ratio

BWX

N/A

FXL

3.41

BWX vs FXL - Historical Returns

Returns include dividend reinvestment.

Period	BWX	FXL
1 month	-0.70%	+16.84%
3 months	-2.45%	+31.99%
6 months	-0.66%	+31.80%
1 year	-2.08%	+49.03%
5 years(CAGR)	-4.35%	+13.36%
10 years(CAGR)	-1.01%	+21.01%
Max(CAGR)	+0.54%	+13.69%

BWX

-0.70%

Winner

FXL

+16.84%

BWX

-2.45%

Winner

FXL

+31.99%

BWX

-0.66%

Winner

FXL

+31.80%

BWX

-2.08%

Winner

FXL

+49.03%

5Y(CAGR)

BWX

-4.35%

Winner

FXL

+13.36%

10Y(CAGR)

BWX

-1.01%

Winner

FXL

+21.01%

Max(CAGR)

BWX

+0.54%

Winner

FXL

+13.69%

BWX vs FXL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BWX	FXL
2026	-1.06%	+29.71%
2025	+8.27%	+12.98%
2024	-5.03%	+19.05%
2023	+5.34%	+40.65%
2022	-18.75%	-30.11%
2021	-9.16%	+20.26%
2020	+9.62%	+51.73%
2019	+5.62%	+39.55%
2018	-2.40%	+0.95%
2017	+11.31%	+35.18%
2016	+0.66%	+17.44%
2015	-6.28%	-3.02%
2014	-1.91%	+17.50%
2013	-3.28%	+33.71%
2012	+4.56%	+7.82%
2011	+4.00%	-12.72%
2010	+3.73%	+24.42%
2009	+6.31%	+60.38%
2008	+3.55%	-47.25%
2007	+3.97%	+3.84%

BWX vs FXL Drawdown Comparison

The maximum drawdown for BWX was -34.05%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for FXL was -61.41%, occurring on Nov 20, 2008. Recovery took 799 trading sessions.

The current BWX drawdown is -23.50%.

Rank	BWX	FXL
#1	-34.05% Jan 5, 2021 - Oct 20, 2022	-61.41% Oct 10, 2007 - Dec 10, 2010
#2	-23.01% Mar 14, 2008 - Sep 8, 2009	-38.49% Nov 9, 2021 - Feb 9, 2024
#3	-15.41% Jul 1, 2014 - Mar 3, 2020	-33.96% Feb 19, 2020 - May 29, 2020
#4	-13.37% Mar 9, 2020 - Jul 27, 2020	-31.96% Feb 17, 2011 - Jul 11, 2013
#5	-12.97% Dec 1, 2009 - Oct 1, 2010	-28.27% Feb 18, 2025 - Jul 25, 2025
#6	-9.13% Oct 17, 2012 - May 6, 2014	-25.96% Jun 3, 2015 - Nov 15, 2016
#7	-8.63% Nov 4, 2010 - Apr 27, 2011	-25.37% Sep 14, 2018 - Mar 21, 2019
#8	-8.10% Aug 23, 2011 - Sep 11, 2012	-15.54% Feb 12, 2021 - Jun 29, 2021
#9	-4.57% Nov 26, 2007 - Jan 14, 2008	-14.06% Jul 16, 2024 - Oct 14, 2024
#10	-3.41% May 2, 2011 - Jun 3, 2011	-13.69% Sep 18, 2014 - Nov 21, 2014
#11	-3.37% Jun 7, 2011 - Aug 9, 2011	-13.56% Jan 28, 2026 - Apr 16, 2026
#12	-2.68% Oct 14, 2010 - Nov 4, 2010	-11.93% Oct 27, 2025 - Jan 28, 2026
#13	-1.78% Aug 6, 2020 - Oct 21, 2020	-11.68% Sep 2, 2020 - Oct 9, 2020
#14	-1.69% Oct 8, 2009 - Nov 9, 2009	-11.60% Apr 30, 2019 - Jul 10, 2019
#15	-1.47% Feb 1, 2008 - Feb 27, 2008	-10.87% Jul 26, 2019 - Dec 16, 2019

Correlation

Correlation between BWX and FXL is -0.15 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.15

-101

Dividend Comparison (2007 - 2026)

BWX vs FXL dividend yield comparison.

Year	BWX	FXL
2026	0.97%	0.00%
2025	2.19%	0.01%
2024	1.99%	0.11%
2023	1.62%	0.41%
2022	1.23%	0.34%
2021	0.93%	0.11%
2020	0.95%	0.04%
2019	1.16%	0.37%
2018	1.07%	0.32%
2017	0.46%	0.27%
2016	0.00%	1.12%
2015	0.00%	0.36%
2014	1.77%	0.63%
2013	1.88%	0.32%
2012	1.80%	0.64%
2011	3.35%	0.00%
2010	1.08%	0.03%
2009	0.87%	0.00%
2008	2.98%	0.00%
2007	0.59%	0.00%