FXL vs ASA

Comparison between FIRST TRUST TECHNOLOGY ALPHADEX FUND (FXL, ETF) and ASA Gold and Precious Metals Ltd (ASA, ETF).

5-Year PerformanceASA has outperformed FXL, delivering a return of +25.0% compared to +11.4%

FXL vs ASA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FXL(ETF)	ASA(ETF)
Net Assets	$1.30B	$1.40B
Expense Ratio	0.60%	N/A
Max Drawdown	61.41%	81.29%
Sharpe Ratio	1.54	1.92
5Y Beta	1.37	0.65
P/E Ratio	27.70	N/A
Forward P/E	14.73	N/A
5Y Dividends CAGR	-17.34%	37.97%
5Y EPS CAGR	21.24%	N/A
Debt to Equity	15.44%	N/A
P/S Ratio	1.36	N/A
P/B Ratio	3.07	N/A

Net Assets

FXL

$1.30B

Winner

ASA

$1.40B

Expense Ratio

FXL

0.60%

ASA

N/A

Max Drawdown

Winner

FXL

61.41%

ASA

81.29%

Sharpe Ratio

FXL

1.54

Winner

ASA

1.92

5Y Beta

FXL

1.37

Winner

ASA

0.65

P/E Ratio

FXL

27.70

ASA

N/A

Forward P/E

FXL

14.73

ASA

N/A

5Y Dividends CAGR

FXL

-17.34%

Winner

ASA

37.97%

5Y EPS CAGR

FXL

21.24%

ASA

N/A

Debt to Equity

FXL

15.44%

ASA

N/A

P/S Ratio

FXL

1.36

ASA

N/A

P/B Ratio

FXL

3.07

ASA

N/A

FXL vs ASA - Historical Returns

Returns include dividend reinvestment.

Period	FXL	ASA
1 month	+17.40%	+6.31%
3 months	+16.29%	-1.90%
6 months	+17.05%	+50.77%
1 year	+39.42%	+130.76%
5 years(CAGR)	+11.39%	+25.02%
10 years(CAGR)	+20.70%	+19.10%
Max(CAGR)	+13.12%	+10.70%

Winner

FXL

+17.40%

ASA

+6.31%

Winner

FXL

+16.29%

ASA

-1.90%

FXL

+17.05%

Winner

ASA

+50.77%

FXL

+39.42%

Winner

ASA

+130.76%

5Y(CAGR)

FXL

+11.39%

Winner

ASA

+25.02%

10Y(CAGR)

Winner

FXL

+20.70%

ASA

+19.10%

Max(CAGR)

Winner

FXL

+13.12%

ASA

+10.70%

FXL vs ASA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FXL	ASA
2026	+16.90%	+18.74%
2025	+12.98%	+185.28%
2024	+19.05%	+33.84%
2023	+40.65%	+2.44%
2022	-30.11%	-31.22%
2021	+20.26%	-8.86%
2020	+51.73%	+59.82%
2019	+39.55%	+44.51%
2018	+0.95%	-17.92%
2017	+35.18%	-0.27%
2016	+17.44%	+52.33%
2015	-3.02%	-30.87%
2014	+17.50%	-18.39%
2013	+33.71%	-44.28%
2012	+7.82%	-18.82%
2011	-12.72%	-22.09%
2010	+24.42%	+32.28%
2009	+60.38%	+57.63%
2008	-47.25%	-31.94%
2007	+3.84%	+22.37%
2006	N/A	+10.44%
2005	N/A	+44.00%
2004	N/A	-9.96%
2003	N/A	+13.32%
2002	N/A	+111.50%
2001	N/A	+31.88%
2000	N/A	-18.67%
1999	N/A	-2.87%

FXL vs ASA Drawdown Comparison

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

The maximum drawdown for ASA was -80.31%, occurring on Jan 19, 2016. Recovery took 3643 trading sessions.

The current ASA drawdown is -14.92%.

Rank	FXL	ASA
#1	-61.41% Oct 10, 2007 - Dec 10, 2010	-80.31% Dec 6, 2010 - Jun 2, 2025
#2	-38.49% Nov 9, 2021 - Feb 9, 2024	-65.13% Mar 14, 2008 - Sep 14, 2010
#3	-33.96% Feb 19, 2020 - May 29, 2020	-35.70% Jun 3, 2002 - Dec 13, 2002
#4	-31.96% Feb 17, 2011 - Jul 11, 2013	-32.51% Feb 27, 2026 - Mar 20, 2026
#5	-28.27% Feb 18, 2025 - Jul 25, 2025	-31.72% Nov 10, 1999 - May 16, 2001
#6	-25.96% Jun 3, 2015 - Nov 15, 2016	-28.66% Dec 2, 2003 - Sep 29, 2005
#7	-25.37% Sep 14, 2018 - Mar 21, 2019	-27.87% May 9, 2006 - Sep 25, 2007
#8	-15.54% Feb 12, 2021 - Jun 29, 2021	-23.62% Jan 3, 2003 - Aug 11, 2003
#9	-14.06% Jul 16, 2024 - Oct 14, 2024	-23.37% May 18, 2001 - Jan 16, 2002
#10	-13.69% Sep 18, 2014 - Nov 21, 2014	-17.89% Feb 2, 2006 - Apr 19, 2006
#11	-13.56% Jan 28, 2026 - Apr 16, 2026	-17.24% Oct 16, 2025 - Dec 1, 2025
#12	-11.93% Oct 27, 2025 - Jan 28, 2026	-17.12% Jan 28, 2026 - Feb 24, 2026
#13	-11.68% Sep 2, 2020 - Oct 9, 2020	-15.06% Nov 6, 2007 - Jan 3, 2008
#14	-11.60% Apr 30, 2019 - Jul 10, 2019	-11.68% Feb 8, 2002 - Mar 22, 2002
#15	-10.87% Jul 26, 2019 - Dec 16, 2019	-11.43% Jun 5, 2025 - Aug 7, 2025

Correlation

Correlation between FXL and ASA is 0.42 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.42

-101

Dividend Comparison (2000 - 2026)

FXL vs ASA dividend yield comparison.

Year	FXL	ASA
2026	0.00%	0.06%
2025	0.01%	0.10%
2024	0.11%	0.20%
2023	0.41%	0.13%
2022	0.34%	0.14%
2021	0.11%	0.09%
2020	0.04%	0.09%
2019	0.37%	0.15%
2018	0.32%	0.32%
2017	0.27%	0.35%
2016	1.12%	0.36%
2015	0.36%	0.56%
2014	0.63%	0.40%
2013	0.32%	1.47%
2012	0.64%	1.76%
2011	0.00%	1.37%
2010	0.03%	0.98%
2009	0.00%	1.81%
2008	0.00%	3.92%
2007	0.00%	3.06%
2006	0.00%	1.39%
2005	0.00%	1.64%
2004	0.00%	1.36%
2003	0.00%	1.76%
2002	0.00%	1.95%
2001	0.00%	4.00%
2000	0.00%	1.96%