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DBEH vs. FTLS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


DBEHFTLS

Correlation

-0.50.00.51.00.5

The correlation between DBEH and FTLS is 0.54, 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.

Performance

DBEH vs. FTLS - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
2.62%
7.03%
DBEH
FTLS

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DBEH vs. FTLS - Expense Ratio Comparison

DBEH has a 0.85% expense ratio, which is lower than FTLS's 1.60% expense ratio.


FTLS
First Trust Long/Short Equity ETF
Expense ratio chart for FTLS: current value at 1.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.60%
Expense ratio chart for DBEH: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%

Risk-Adjusted Performance

DBEH vs. FTLS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iM DBi Hedge Strategy ETF (DBEH) and First Trust Long/Short Equity ETF (FTLS). 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.


DBEH
Sharpe ratio
The chart of Sharpe ratio for DBEH, currently valued at 1.28, compared to the broader market0.002.004.006.001.28
Sortino ratio
The chart of Sortino ratio for DBEH, currently valued at 1.76, compared to the broader market-2.000.002.004.006.008.0010.0012.001.76
Omega ratio
The chart of Omega ratio for DBEH, currently valued at 1.27, compared to the broader market1.001.502.002.503.001.27
Calmar ratio
The chart of Calmar ratio for DBEH, currently valued at 1.53, compared to the broader market0.005.0010.0015.0020.001.53
Martin ratio
The chart of Martin ratio for DBEH, currently valued at 5.60, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.60
FTLS
Sharpe ratio
The chart of Sharpe ratio for FTLS, currently valued at 2.21, compared to the broader market0.002.004.006.002.21
Sortino ratio
The chart of Sortino ratio for FTLS, currently valued at 3.08, compared to the broader market-2.000.002.004.006.008.0010.0012.003.08
Omega ratio
The chart of Omega ratio for FTLS, currently valued at 1.40, compared to the broader market1.001.502.002.503.001.40
Calmar ratio
The chart of Calmar ratio for FTLS, currently valued at 4.77, compared to the broader market0.005.0010.0015.0020.004.77
Martin ratio
The chart of Martin ratio for FTLS, currently valued at 16.18, compared to the broader market0.0020.0040.0060.0080.00100.00120.0016.18

DBEH vs. FTLS - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.28
2.21
DBEH
FTLS

Dividends

DBEH vs. FTLS - Dividend Comparison

DBEH has not paid dividends to shareholders, while FTLS's dividend yield for the trailing twelve months is around 1.56%.


TTM2023202220212020201920182017201620152014
DBEH
iM DBi Hedge Strategy ETF
5.62%3.05%1.54%17.43%0.06%0.02%0.00%0.00%0.00%0.00%0.00%
FTLS
First Trust Long/Short Equity ETF
1.56%1.49%0.81%0.01%0.44%0.83%0.87%0.43%1.04%0.49%0.51%

Drawdowns

DBEH vs. FTLS - Drawdown Comparison


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.99%
-0.97%
DBEH
FTLS

Volatility

DBEH vs. FTLS - Volatility Comparison

The current volatility for iM DBi Hedge Strategy ETF (DBEH) is 0.00%, while First Trust Long/Short Equity ETF (FTLS) has a volatility of 2.47%. This indicates that DBEH experiences smaller price fluctuations and is considered to be less risky than FTLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember0
2.47%
DBEH
FTLS