EAOA vs. HISF

Last updated Jun 4, 2026

EAOA (iShares ESG Aware Aggressive Allocation ETF) and HISF (First Trust High Income Strategic Focus ETF) are both Diversified Portfolio funds. EAOA is passively managed, while HISF is actively managed. Over the past year, EAOA returned 24.37% vs 5.74% for HISF. At a 0.44 correlation, their price movements are largely independent. EAOA charges 0.18%/yr vs 0.87%/yr for HISF.

Performance

EAOA vs. HISF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Aware Aggressive Allocation ETF (EAOA) and First Trust High Income Strategic Focus ETF (HISF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EAOA achieves a 9.93% return, which is significantly higher than HISF's 0.03% return.

EAOA

• 1D: -0.71%
• 1M: 4.36%
• YTD: 9.93%
• 6M: 10.44%
• 1Y: 24.37%
• 3Y*: 17.20%
• 5Y*: 8.52%
• 10Y*: —

HISF

• 1D: -0.21%
• 1M: 0.26%
• YTD: 0.03%
• 6M: 0.23%
• 1Y: 5.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EAOA vs. HISF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EAOA iShares ESG Aware Aggressive Allocation ETF	9.93%	18.41%	10.51%
HISF First Trust High Income Strategic Focus ETF	0.03%	8.39%	3.30%

Correlation

The correlation between EAOA and HISF is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (All Time) Calculated using the full available price history since Feb 29, 2024	0.44

The correlation between EAOA and HISF shifts across timeframes, from 0.44 (all time) to 0.55 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EAOA vs. HISF — Risk / Return Rank

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

EAOA

EAOA Risk / Return Rank: 68
EAOA Sharpe Ratio Rank: 69
EAOA Sortino Ratio Rank: 70
EAOA Omega Ratio Rank: 68
EAOA Calmar Ratio Rank: 60
EAOA Martin Ratio Rank: 71

HISF

HISF Risk / Return Rank: 48
HISF Sharpe Ratio Rank: 50
HISF Sortino Ratio Rank: 53
HISF Omega Ratio Rank: 52
HISF Calmar Ratio Rank: 40
HISF Martin Ratio Rank: 44

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.

EAOA vs. HISF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware Aggressive Allocation ETF (EAOA) and First Trust High Income Strategic Focus ETF (HISF). 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.

	EAOA	HISF	Difference
Sharpe ratio: Return per unit of total volatility	2.28	1.74	+0.54
Sortino ratio: Return per unit of downside risk	3.21	2.55	+0.66
Omega ratio: Gain probability vs. loss probability	1.41	1.32	+0.09
Calmar ratio: Return relative to maximum drawdown	3.00	1.99	+1.01
Martin ratio: Return relative to average drawdown	13.30	7.21	+6.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EAOA vs. HISF - Sharpe Ratio Comparison

The current EAOA Sharpe Ratio is 2.28, which is higher than the HISF Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of EAOA and HISF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EAOA	HISF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	1.74	+0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	1.31	-0.38

Drawdowns

EAOA vs. HISF - Drawdown Comparison

The maximum EAOA drawdown since its inception was -25.06%, which is greater than HISF's maximum drawdown of -3.86%. Use the drawdown chart below to compare losses from any high point for EAOA and HISF.

Drawdown Indicators

	EAOA	HISF	Difference
Max Drawdown Largest peak-to-trough decline	-25.06%	-3.86%	-21.20%
Max Drawdown (1Y) Largest decline over 1 year	-8.17%	-2.90%	-5.27%
Max Drawdown (3Y) Largest decline over 3 years	-13.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.06%	—	—
Current Drawdown Current decline from peak	-0.71%	-1.20%	+0.49%
Average Drawdown Average peak-to-trough decline	-5.31%	-0.89%	-4.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	0.80%	+1.04%

Volatility

EAOA vs. HISF - Volatility Comparison

iShares ESG Aware Aggressive Allocation ETF (EAOA) has a higher volatility of 3.39% compared to First Trust High Income Strategic Focus ETF (HISF) at 1.21%. This indicates that EAOA's price experiences larger fluctuations and is considered to be riskier than HISF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EAOA	HISF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	1.21%	+2.18%
Volatility (6M) Calculated over the trailing 6-month period	8.64%	2.61%	+6.03%
Volatility (1Y) Calculated over the trailing 1-year period	10.75%	3.32%	+7.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.25%	3.95%	+9.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.14%	3.95%	+9.19%

EAOA vs. HISF - Expense Ratio Comparison

EAOA has a 0.18% expense ratio, which is lower than HISF's 0.87% expense ratio.

Dividends

EAOA vs. HISF - Dividend Comparison

EAOA's dividend yield for the trailing twelve months is around 1.95%, less than HISF's 5.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EAOA iShares ESG Aware Aggressive Allocation ETF	1.95%	2.10%	2.09%	2.21%	1.93%	1.48%	1.12%
HISF First Trust High Income Strategic Focus ETF	5.00%	4.69%	3.92%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EAOA and HISF in my portfolio?

EAOA and HISF have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EAOA or HISF?

EAOA has higher volatility (3.39%) compared to HISF (1.21%). In terms of maximum drawdown, EAOA dropped -25.06% vs HISF's -3.86%.

Which ETF is better, EAOA or HISF?

On 1-year performance, EAOA leads with 24.37% vs 5.74% for HISF. On fees, EAOA is cheaper at 0.18% per year. On volatility, HISF has been the lower-risk option at 1.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EAOA or HISF?

Over the 1-year period, EAOA has performed better with a 24.37% return vs 5.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EAOA or HISF?

EAOA is cheaper with a 0.18% expense ratio, compared with 0.87% for HISF.

Which ETF pays a higher dividend yield, EAOA or HISF?

HISF has the higher dividend yield at 5.00%, compared with 1.95% for EAOA.

What is the main difference between EAOA and HISF?

They also come from different issuers: iShares and First Trust. Their fees differ too: 0.18% for EAOA and 0.87% for HISF.

Which has better risk-adjusted returns?

EAOA currently has the higher Sharpe Ratio (2.28 vs 1.74), 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.