DYLG vs. FTHI
Compare and contrast key facts about Global X Dow 30 Covered Call & Growth ETF (DYLG) and First Trust BuyWrite Income ETF (FTHI).
DYLG and FTHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DYLG is a passively managed fund by Global X that tracks the performance of the Cboe DJIA Half BuyWrite Index - Benchmark TR Gross. It was launched on Jul 25, 2023. 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: DYLG or FTHI.
Key characteristics
| DYLG | FTHI | |
|---|---|---|
| YTD Return | 10.61% | 13.43% |
| 1Y Return | 16.79% | 18.38% |
| Sharpe Ratio | 1.81 | 2.01 |
| Daily Std Dev | 8.66% | 8.82% |
| Max Drawdown | -7.19% | -32.65% |
| Current Drawdown | 0.00% | -0.02% |
Correlation
The correlation between DYLG and FTHI is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DYLG vs. FTHI - Performance Comparison
In the year-to-date period, DYLG achieves a 10.61% return, which is significantly lower than FTHI's 13.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DYLG vs. FTHI - Expense Ratio Comparison
DYLG has a 0.35% expense ratio, which is lower than FTHI's 0.85% expense ratio.
Risk-Adjusted Performance
DYLG vs. FTHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Dow 30 Covered Call & Growth ETF (DYLG) 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.
Dividends
DYLG vs. FTHI - Dividend Comparison
DYLG's dividend yield for the trailing twelve months is around 2.96%, less than FTHI's 8.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DYLG Global X Dow 30 Covered Call & Growth ETF | 2.75% | 1.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTHI First Trust BuyWrite Income ETF | 8.47% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.00% | 4.41% | 4.98% | 3.96% |
Drawdowns
DYLG vs. FTHI - Drawdown Comparison
The maximum DYLG drawdown since its inception was -7.19%, smaller than the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for DYLG and FTHI. For additional features, visit the drawdowns tool.
Volatility
DYLG vs. FTHI - Volatility Comparison
Global X Dow 30 Covered Call & Growth ETF (DYLG) and First Trust BuyWrite Income ETF (FTHI) have volatilities of 2.43% and 2.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.