First Trust Enhanced Equity Income Fund (FFA) Alternatives
First Trust Enhanced Equity Income Fund (FFA) belongs to the Derivative Income category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FFA. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FFA
FFA charges 1.22% annually. Among mutual funds in the Derivative Income category, these options have the lowest expense ratios among FFA alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 0.44% | Feb 24, 2016 | FFA vs PUTW | |
| USCF Gold Strategy Plus Income Fund | 0.45% | Nov 2, 2021 | FFA vs USG | |
| JPMorgan Equity Premium Income Fund Class I | 0.63% | Aug 31, 2018 | FFA vs JEPIX | |
| Shelton Equity Income Fund | 0.72% | Sep 3, 1996 | FFA vs EQTIX | |
| Cullen Enhanced Equity Income Fund | 0.75% | Dec 14, 2015 | FFA vs ENHNX |
Best Risk-Adjusted Alternatives to FFA
Among mutual funds in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| BlackRock Enhanced Large Cap Core Fund | 89 | Apr 27, 2004 | FFA vs CII | |
| USCF Gold Strategy Plus Income Fund | 83 | Nov 2, 2021 | FFA vs USG | |
| Goldman Sachs International Equity Dividend and Pr... | 78 | Jan 30, 2008 | FFA vs GIDHX | |
| WisdomTree Equity Premium Income Fund | 72 | Feb 24, 2016 | FFA vs PUTW | |
| Virtus Equity & Convertible Income Fund | 57 | Feb 27, 2007 | FFA vs NIE |
Top Performing FFA Alternatives (YTD)
FFA alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| USCF Gold Strategy Plus Income Fund | 6.85% | Nov 2, 2021 | FFA vs USG | |
| Madison Covered Call & Equity Income Fund | 4.35% | Oct 29, 2009 | FFA vs MENYX | |
| Cullen Enhanced Equity Income Fund | 3.20% | Dec 14, 2015 | FFA vs ENHNX | |
| Goldman Sachs International Equity Dividend and Pr... | 1.85% | Jan 30, 2008 | FFA vs GIDHX | |
| The Covered Bridge Fund | 0.83% | Sep 30, 2013 | FFA vs TCBIX |
Lowest Volatility Alternatives to FFA
FFA alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| The Covered Bridge Fund | 13.05% | Sep 30, 2013 | FFA vs TCBIX | |
| JPMorgan Equity Premium Income Fund Class A | 13.68% | Aug 31, 2018 | FFA vs JEPAX | |
| JPMorgan Equity Premium Income Fund Class I | 13.70% | Aug 31, 2018 | FFA vs JEPIX | |
| Cullen Enhanced Equity Income Fund | 13.94% | Dec 14, 2015 | FFA vs ENHNX | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 14.28% | Sep 10, 2017 | FFA vs KNGLX |
Lowest Drawdown Alternatives to FFA
FFA alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -9.90% | Feb 24, 2016 | FFA vs PUTW | |
| The Covered Bridge Fund | -10.24% | Sep 30, 2013 | FFA vs TCBIX | |
| Goldman Sachs International Equity Dividend and Pr... | -10.38% | Jan 30, 2008 | FFA vs GIDHX | |
| Shelton Equity Income Fund | -10.43% | Sep 3, 1996 | FFA vs EQTIX | |
| JPMorgan Equity Premium Income Fund Class A | -10.43% | Aug 31, 2018 | FFA vs JEPAX |
Other Mutual Funds from First Trust
Most popular First Trust mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | Event Driven | 99 | 0.76% | Oct 1, 2015 | FFA vs VARBX | |
| First Trust Preferred Securities and Income Fund | Preferred Stock/Convertible Bonds | 80 | -2.48% | Jan 10, 2011 | FFA vs FPEIX | |
| First Trust/Confluence Small Cap Value Fund | Small Cap Blend Equities | — | — | Jan 11, 2011 | FFA vs FOVIX | |
| First Trust Short Duration High Income Fund | Bank Loan | 65 | -2.99% | Oct 31, 2012 | FFA vs FDHIX |
Often Compared With FFA
What investors most often compare with FFA, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | FFA vs SPY | |
| Adams Diversified Equity Fund, Inc. | Large Cap Growth Equities | 83 | -4.23% | Jan 2, 1990 | FFA vs ADX | |
| First Trust Intermediate Duration Preferred and In... | Preferred Stock/Convertible Bonds | 14 | -4.04% | Apr 1, 2009 | FFA vs FPF | |
| First Trust Mortgage Income Fund | Mortgage Backed Securities | 14 | -2.09% | May 25, 2005 | FFA vs FMY | |
| First Trust High Yield Opportunities 2027 Term Fun... | High Yield Bonds | 15 | -1.22% | Jun 25, 2020 | FFA vs FTHY | |
| First Trust Senior Floating Rate Income Fund II | Bank Loan | 24 | -1.43% | Jan 1, 2013 | FFA vs FCT | |
| Catalyst Nasdaq-100 Hedged Equity Fund | Derivative Income | 38 | -7.05% | Dec 30, 2013 | FFA vs CLPAX |
Compare FFA with Any Fund or Stock
Compare FFA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.