DFII vs. TDIV

Last updated Aug 4, 2026

DFII (FT Vest Bitcoin Strategy & Target Income ETF) and TDIV (First Trust NASDAQ Technology Dividend Index Fund) are both exchange-traded funds - DFII is a Cryptocurrency fund actively managed by First Trust, while TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index. DFII is actively managed, while TDIV is passively managed. Over the past year, DFII returned -42.25% vs 27.41% for TDIV. Their 0.40 correlation means their historical movements had little consistent relationship. DFII charges 0.85%/yr vs 0.50%/yr for TDIV.

Performance

DFII vs. TDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy & Target Income ETF (DFII) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFII achieves a -26.30% return, which is significantly lower than TDIV's 16.55% return.

DFII

• 1D: 1.51%
• 1M: 4.16%
• 6M: -17.04%
• YTD: -26.30%
• 1Y: -42.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -16.90%

TDIV

• 1D: 1.46%
• 1M: 0.77%
• 6M: 13.11%
• YTD: 16.55%
• 1Y: 27.41%
• 3Y*: 26.19%
• 5Y*: 16.16%
• 10Y*: 16.98%
• ALL TIME*: 15.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFII FT Vest Bitcoin Strategy & Target Income ETF	$89.28K	$83.20K	$138.38K
TDIV First Trust NASDAQ Technology Dividend Index Fund	$13.43M	$13.15M	$15.23M

DFII vs. TDIV - Yearly Performance Comparison

	2026 (YTD)	2025
DFII FT Vest Bitcoin Strategy & Target Income ETF	-26.30%	6.01%
TDIV First Trust NASDAQ Technology Dividend Index Fund	16.55%	32.19%

Correlation

The correlation between DFII and TDIV is 0.43, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.43
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025	0.40

Return for Risk

DFII vs. TDIV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DFII

DFII Risk / Return Rank: 2
DFII Sharpe Ratio Rank: 2
DFII Sortino Ratio Rank: 2
DFII Omega Ratio Rank: 2
DFII Calmar Ratio Rank: 2
DFII Martin Ratio Rank: 2

TDIV

TDIV Risk / Return Rank: 49
TDIV Sharpe Ratio Rank: 54
TDIV Sortino Ratio Rank: 51
TDIV Omega Ratio Rank: 50
TDIV Calmar Ratio Rank: 46
TDIV Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DFII vs. TDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy & Target Income ETF (DFII) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). 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.

	DFII	TDIV	Difference
Sharpe ratio: Return per unit of total volatility	-1.01	1.33	-2.34
Sortino ratio: Return per unit of downside risk	-1.45	1.86	-3.31
Omega ratio: Gain probability vs. loss probability	0.83	1.23	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.83	1.69	-2.52
Martin ratio: Return relative to average drawdown	-1.27	4.62	-5.90

DFII vs. TDIV - Sharpe Ratio Comparison

The current DFII Sharpe Ratio is -1.01, which is lower than the TDIV Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of DFII and TDIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFII vs. TDIV - Drawdown Comparison

The maximum DFII drawdown since its inception was -51.04%, which is greater than TDIV's maximum drawdown of -31.97%. Use the drawdown chart below to compare losses from any high point for DFII and TDIV.

Drawdown Indicators

	DFII	TDIV	Difference
Max Drawdown Largest peak-to-trough decline	-51.04%	-31.97%	-19.07%
Max Drawdown (1Y) Largest decline over 1 year	-51.04%	-16.34%	-34.70%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.97%	—
Current Drawdown Current decline from peak	-47.04%	-12.34%	-34.70%
Average Drawdown Average peak-to-trough decline	-22.48%	-4.92%	-17.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.20%	5.95%	+27.25%

Volatility

DFII vs. TDIV - Volatility Comparison

FT Vest Bitcoin Strategy & Target Income ETF (DFII) has a higher volatility of 8.02% compared to First Trust NASDAQ Technology Dividend Index Fund (TDIV) at 5.85%. This indicates that DFII's price experiences larger fluctuations and is considered to be riskier than TDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFII	TDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.02%	5.85%	+2.17%
Volatility (6M) Calculated over the trailing 6-month period	32.51%	16.31%	+16.20%
Volatility (1Y) Calculated over the trailing 1-year period	42.22%	20.69%	+21.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.31%	21.12%	+19.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.31%	21.00%	+19.31%

DFII vs. TDIV - Expense Ratio Comparison

DFII has a 0.85% expense ratio, which is higher than TDIV's 0.50% expense ratio.

Dividends

DFII vs. TDIV - Dividend Comparison

DFII's dividend yield for the trailing twelve months is around 25.88%, more than TDIV's 1.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFII FT Vest Bitcoin Strategy & Target Income ETF	25.88%	15.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDIV First Trust NASDAQ Technology Dividend Index Fund	1.35%	1.40%	1.59%	1.74%	2.51%	1.76%	2.07%	2.27%	2.97%	2.27%	2.45%	2.52%

Frequently Asked Questions

Can I hold both DFII and TDIV in my portfolio?

DFII and TDIV have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFII or TDIV?

DFII has higher volatility (8.02%) compared to TDIV (5.85%). In terms of maximum drawdown, DFII dropped -51.04% vs TDIV's -31.97%.

Which ETF is better, DFII or TDIV?

On 1-year performance, TDIV leads with 27.41% vs -42.25% for DFII. On fees, TDIV is cheaper at 0.50% per year. On volatility, TDIV has been the lower-risk option at 5.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFII or TDIV?

Over the 1-year period, TDIV has performed better with a 27.41% return vs -42.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFII or TDIV?

TDIV is cheaper with a 0.50% expense ratio, compared with 0.85% for DFII.

Which ETF pays a higher dividend yield, DFII or TDIV?

DFII has the higher dividend yield at 25.88%, compared with 1.35% for TDIV.

What is the main difference between DFII and TDIV?

DFII is categorized as Cryptocurrency, while TDIV is Technology Equities. Their fees differ too: 0.85% for DFII and 0.50% for TDIV.

Which has better risk-adjusted returns?

TDIV currently has the higher Sharpe Ratio (1.33 vs -1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.