FBDC Alternatives & Similar ETFs

FT Confluence BDC & Specialty Finance Income ETF (FBDC) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FBDC. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FBDC

FBDC charges 1.35% annually. There are 42 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
FNCL	Fidelity MSCI Financials Index ETF	0.08%	2.17B	Oct 2013	FBDC vs FNCL
XLF	State Street Financial Select Sector SPDR ETF	0.08%	51.89B	Dec 1998	FBDC vs XLF
VFH	Vanguard Financials ETF	0.09%	13.50B	Jan 2004	FBDC vs VFH
GABF	Gabelli Financial Services Opportunities ETF	0.10%	50.20M	May 2022	FBDC vs GABF
PBEU	Portfolio Building Block European Banks Index ETF	0.13%	22.30M	Nov 2025	FBDC vs PBEU

Best Risk-Adjusted Alternatives to FBDC

Among 39 ETFs in the Financials Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
HSBH	HSBC Holdings plc ADRhedged ETF	90	5.04M	Oct 2024	FBDC vs HSBH
GSIB	Themes Global Systemically Important Banks ETF	80	24.99M	Dec 2023	FBDC vs GSIB
KBWB	Invesco KBW Bank ETF	56	6.25B	Nov 2011	FBDC vs KBWB
EUFN	iShares MSCI Europe Financials ETF	47	3.69B	Jan 2010	FBDC vs EUFN
FTXO	First Trust Nasdaq Bank ETF	42	299.07M	Sep 2016	FBDC vs FTXO

Top Performing FBDC Alternatives (YTD)

FBDC is at -10.39% YTD. There are 37 ETFs in the Financials Equities category with higher YTD returns, going as high as 26.93%.

Symbol	Name	YTD Return	AUM	Inception
HSBH	HSBC Holdings plc ADRhedged ETF	26.93%	5.04M	Oct 2024	FBDC vs HSBH
QABA	First Trust NASDAQ ABA Community Bank Index Fund	16.85%	83.48M	Jun 2009	FBDC vs QABA
GSIB	Themes Global Systemically Important Banks ETF	16.30%	24.99M	Dec 2023	FBDC vs GSIB
KRE	SPDR S&P Regional Banking ETF	14.14%	4.33B	Jun 2006	FBDC vs KRE
PBEU	Portfolio Building Block European Banks Index ETF	13.63%	22.30M	Nov 2025	FBDC vs PBEU

Lowest Volatility Alternatives to FBDC

FBDC has 18.00% 1-year volatility. There are 20 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.43%.

Symbol	Name	Volatility 1Y	AUM	Inception
SPCZ	RiverNorth Enhanced Pre-Merger SPAC ETF	9.43%	7.14M	Jul 2022	FBDC vs SPCZ
KWT	iShares MSCI Kuwait ETF	13.57%	70.62M	Sep 2020	FBDC vs KWT
IXG	iShares Global Financials ETF	13.90%	580.15M	Nov 2001	FBDC vs IXG
IYF	iShares U.S. Financials ETF	14.53%	3.81B	May 2000	FBDC vs IYF
XLF	State Street Financial Select Sector SPDR ETF	14.62%	51.89B	Dec 1998	FBDC vs XLF

Lowest Drawdown Alternatives to FBDC

Among 39 ETFs in the Financials Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -3.82%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
SPCZ	RiverNorth Enhanced Pre-Merger SPAC ETF	-3.82%	7.14M	Jul 2022	FBDC vs SPCZ
IAK	iShares U.S. Insurance ETF	-7.62%	376.18M	May 2006	FBDC vs IAK
KBWP	Invesco KBW Property & Casualty Insurance ETF	-9.56%	254.21M	Dec 2010	FBDC vs KBWP
PSCF	Invesco S&P SmallCap Financials ETF	-9.91%	26.65M	Apr 2010	FBDC vs PSCF
IXG	iShares Global Financials ETF	-11.33%	580.15M	Nov 2001	FBDC vs IXG

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	FBDC vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	FBDC vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	FBDC vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	FBDC vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	FBDC vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	FBDC vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	FBDC vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	FBDC vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	FBDC vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	FBDC vs KNG

Often Compared With FBDC

Investors most often compare FBDC with PBDC, BIZD, BDCZ. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PBDC	Putnam BDC Income ETF	Financials Equities	4	-11.42%	272.46M	Sep 2022	FBDC vs PBDC
BIZD	VanEck BDC Income ETF	Financials Equities	4	-9.87%	1.55B	Feb 2013	FBDC vs BIZD
BDCZ	ETRACS MVIS Business Development Companies Index E...	Financials Equities	5	-8.73%	11.00M	Oct 2015	FBDC vs BDCZ
FXO	First Trust Financials AlphaDEX Fund	Financials Equities	29	3.78%	1.04B	May 2007	FBDC vs FXO
DFNL	Davis Select Financial ETF	Financials Equities	32	0.04%	300.51M	Jan 2017	FBDC vs DFNL
FDFF	Fidelity Disruptive Finance ETF	Financials Equities	5	-7.76%	41.94M	Apr 2020	FBDC vs FDFF
KBE	SPDR S&P Bank ETF	Financials Equities	35	11.37%	1.53B	Nov 2005	FBDC vs KBE
INDF	Nifty India Financials ETF	Financials Equities	—	—	10.83M	Oct 2020	FBDC vs INDF
IYG	iShares U.S. Financial Services ETF	Financials Equities	20	-0.54%	1.98B	Jun 2000	FBDC vs IYG
IAI	iShares U.S. Broker-Dealers & Securities Exchanges...	Financials Equities	24	4.12%	1.44B	May 2006	FBDC vs IAI
KCE	SPDR S&P Capital Markets ETF	Financials Equities	18	2.72%	447.12M	Nov 2005	FBDC vs KCE
KBWD	Invesco KBW High Dividend Yield Financial ETF	Financials Equities, Dividend	10	-5.53%	418.14M	Dec 2010	FBDC vs KBWD
RSPF	Invesco S&P 500 Equal Weight Financials ETF	Financials Equities, S&P 500, Equal Weight	14	-0.50%	281.97M	Nov 2006	FBDC vs RSPF
TFNS	T. Rowe Price Financials ETF	Financials Equities	21	0.45%	13.88M	Jun 2025	FBDC vs TFNS
FDIQ	Invesco Bloomberg Financial Data Providers ETF	Financials Equities	27	5.60%	47.93M	Nov 2011	FBDC vs FDIQ
KIE	SPDR S&P Insurance ETF	Financials Equities	10	0.00%	451.71M	Nov 2005	FBDC vs KIE
BPAY	BlackRock Future Financial and Technology ETF	Financials Equities	4	-10.19%	8.97M	Aug 2022	FBDC vs BPAY
PEX	ProShares Global Listed Private Equity ETF	Financials Equities	3	-13.80%	10.88M	Feb 2013	FBDC vs PEX
PFI	Invesco Dorsey Wright Financial Momentum ETF	Momentum, Financials Equities	20	7.04%	33.35M	Oct 2006	FBDC vs PFI
COLO	Global X MSCI Colombia ETF	Latin America Equities	77	22.17%	207.61M	Feb 2009	FBDC vs COLO

Compare FBDC with Any Fund or Stock

Compare FBDC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair FBDC with funds that move differently

FT Confluence BDC & Specialty Finance Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBDC.

Explore FBDC Diversifiers

FT Confluence BDC & Specialty Finance Income ETF (FBDC) Alternatives