AIUP vs. ESN

Last updated Jul 8, 2026

AIUP (FINQ FIRST U.S. Large Cap AI-Managed Equity ETF) and ESN (Essential 40 Stock ETF) are both Large Cap Blend Equities funds. AIUP is actively managed, while ESN is passively managed. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.70% expense ratio.

Performance

AIUP vs. ESN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FINQ FIRST U.S. Large Cap AI-Managed Equity ETF (AIUP) and Essential 40 Stock ETF (ESN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AIUP

• 1D: 0.53%
• 1M: 2.91%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ESN

• 1D: -0.41%
• 1M: 2.94%
• 6M: 14.44%
• YTD: 16.50%
• 1Y: 24.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIUP vs. ESN - Yearly Performance Comparison

	2026 (YTD)
AIUP FINQ FIRST U.S. Large Cap AI-Managed Equity ETF	13.23%
ESN Essential 40 Stock ETF	11.30%

Correlation

The correlation between AIUP and ESN is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 6, 2026	0.46

Return for Risk

AIUP vs. ESN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIUP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ESN

ESN Risk / Return Rank: 88
ESN Sharpe Ratio Rank: 91
ESN Sortino Ratio Rank: 90
ESN Omega Ratio Rank: 87
ESN Calmar Ratio Rank: 85
ESN Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIUP vs. ESN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FINQ FIRST U.S. Large Cap AI-Managed Equity ETF (AIUP) and Essential 40 Stock ETF (ESN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AIUP	ESN	Difference
Sharpe ratio: Return per unit of total volatility	—	2.51	—
Sortino ratio: Return per unit of downside risk	—	3.48	—
Omega ratio: Gain probability vs. loss probability	—	1.43	—
Calmar ratio: Return relative to maximum drawdown	—	3.86	—
Martin ratio: Return relative to average drawdown	—	15.07	—

Drawdowns

AIUP vs. ESN - Drawdown Comparison

The maximum AIUP drawdown since its inception was -11.32%, smaller than the maximum ESN drawdown of -13.60%. Use the drawdown chart below to compare losses from any high point for AIUP and ESN.

Drawdown Indicators

	AIUP	ESN	Difference
Max Drawdown Largest peak-to-trough decline	-11.32%	-13.60%	+2.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.42%	—
Current Drawdown Current decline from peak	-1.88%	-0.41%	-1.47%
Average Drawdown Average peak-to-trough decline	-3.03%	-1.84%	-1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.64%	—

Volatility

Volatility by Period

	AIUP	ESN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.83%	9.92%	+13.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.83%	13.18%	+10.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.83%	13.18%	+10.65%

AIUP vs. ESN - Expense Ratio Comparison

Both AIUP and ESN have an expense ratio of 0.70%.

Dividends

AIUP vs. ESN - Dividend Comparison

AIUP has not paid dividends to shareholders, while ESN's dividend yield for the trailing twelve months is around 0.78%.

Position	TTM	2025	2024
AIUP FINQ FIRST U.S. Large Cap AI-Managed Equity ETF	0.00%	0.00%	0.00%
ESN Essential 40 Stock ETF	0.78%	0.91%	0.76%

Frequently Asked Questions

Can I hold both AIUP and ESN in my portfolio?

AIUP and ESN have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIUP or ESN?

Both ETFs have the same 0.70% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIUP or ESN?

AIUP and ESN have the same expense ratio: 0.70% per year.

Which ETF pays a higher dividend yield, AIUP or ESN?

ESN has the higher dividend yield at 0.78%, compared with 0.00% for AIUP.

What is the main difference between AIUP and ESN?

They also come from different issuers: FINQ and KKM Financial.