Correlation
The correlation between BUYW and FTHI is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
BUYW vs. FTHI
Compare and contrast key facts about Main Buywrite ETF (BUYW) and First Trust BuyWrite Income ETF (FTHI).
BUYW and FTHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BUYW is an actively managed fund by Main Funds. It was launched on Dec 29, 2015. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUYW or FTHI.
Performance
BUYW vs. FTHI - Performance Comparison
Loading data...
Key characteristics
BUYW:
0.62
FTHI:
0.55
BUYW:
1.06
FTHI:
0.81
BUYW:
1.19
FTHI:
1.13
BUYW:
0.77
FTHI:
0.51
BUYW:
4.52
FTHI:
2.09
BUYW:
1.59%
FTHI:
3.86%
BUYW:
11.29%
FTHI:
16.17%
BUYW:
-9.36%
FTHI:
-32.65%
BUYW:
-0.43%
FTHI:
-3.68%
Returns By Period
In the year-to-date period, BUYW achieves a 1.94% return, which is significantly higher than FTHI's -1.00% return.
BUYW
1.94%
2.57%
2.16%
6.97%
N/A
N/A
N/A
FTHI
-1.00%
3.68%
-2.63%
8.76%
9.83%
10.98%
6.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BUYW vs. FTHI - Expense Ratio Comparison
BUYW has a 1.29% expense ratio, which is higher than FTHI's 0.85% expense ratio.
Risk-Adjusted Performance
BUYW vs. FTHI — Risk-Adjusted Performance Rank
BUYW
FTHI
BUYW vs. FTHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Main Buywrite ETF (BUYW) and First Trust BuyWrite Income ETF (FTHI). 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.
Loading data...
Dividends
BUYW vs. FTHI - Dividend Comparison
BUYW's dividend yield for the trailing twelve months is around 6.02%, less than FTHI's 9.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUYW Main Buywrite ETF | 6.02% | 5.95% | 5.95% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTHI First Trust BuyWrite Income ETF | 9.18% | 8.61% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.00% | 4.41% | 4.98% | 3.96% |
Drawdowns
BUYW vs. FTHI - Drawdown Comparison
The maximum BUYW drawdown since its inception was -9.36%, smaller than the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for BUYW and FTHI.
Loading data...
Volatility
BUYW vs. FTHI - Volatility Comparison
The current volatility for Main Buywrite ETF (BUYW) is 1.83%, while First Trust BuyWrite Income ETF (FTHI) has a volatility of 2.40%. This indicates that BUYW experiences smaller price fluctuations and is considered to be less risky than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...