ESBG vs. AHLT
ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) and AHLT (American Beacon AHL Trend ETF) are both exchange-traded funds - ESBG is a Tactical Allocation fund actively managed by First Trust, while AHLT is a Systematic Trend fund actively managed by American Beacon. Both are actively managed. Their 0.47 correlation means their historical movements had little consistent relationship. Both charge a 0.95% expense ratio.
Performance
ESBG vs. AHLT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ESBG achieves a -2.79% return, which is significantly lower than AHLT's 10.23% return.
ESBG
- 1D
- -0.46%
- 1M
- -2.07%
- 6M
- -11.15%
- YTD
- -2.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
AHLT
- 1D
- 1.32%
- 1M
- 1.33%
- 6M
- 2.37%
- YTD
- 10.23%
- 1Y
- 37.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.71M | $924.06K | $2.01M | |
| $3.83K | $6.10K | $15.77K |
ESBG vs. AHLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | -2.79% | 5.67% |
AHLT American Beacon AHL Trend ETF | 10.23% | 8.64% |
Correlation
The correlation between ESBG and AHLT is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | 0.47 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ESBG vs. AHLT — Risk / Return Rank
ESBG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AHLT
ESBG vs. AHLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and American Beacon AHL Trend ETF (AHLT). 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.
| ESBG | AHLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.40 | — |
| Martin ratioReturn relative to average drawdown | — | 12.73 | — |
Loading charts...
Drawdowns
ESBG vs. AHLT - Drawdown Comparison
The maximum ESBG drawdown since its inception was -18.84%, smaller than the maximum AHLT drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for ESBG and AHLT.
Loading charts...
Drawdown Indicators
| ESBG | AHLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.84% | -20.18% | +1.34% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.63% | — |
Current DrawdownCurrent decline from peak | -17.57% | -2.74% | -14.83% |
Average DrawdownAverage peak-to-trough decline | -8.52% | -9.05% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.81% | — |
Volatility
ESBG vs. AHLT - Volatility Comparison
Loading charts...
Volatility by Period
| ESBG | AHLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.43% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.23% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.17% | 17.07% | +8.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.17% | 17.22% | +7.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.17% | 17.22% | +7.95% |
ESBG vs. AHLT - Expense Ratio Comparison
Both ESBG and AHLT have an expense ratio of 0.95%.
Dividends
ESBG vs. AHLT - Dividend Comparison
ESBG's dividend yield for the trailing twelve months is around 1.12%, less than AHLT's 1.54% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AHLT American Beacon AHL Trend ETF | 1.54% | 1.70% | 0.00% | 3.72% |
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 1.12% | 0.24% | 0.00% | 0.00% |
Frequently Asked Questions
ESBG and AHLT have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ESBG and AHLT have the same expense ratio: 0.95% per year.
AHLT has the higher dividend yield at 1.54%, compared with 1.12% for ESBG.
ESBG is categorized as Tactical Allocation, while AHLT is Systematic Trend. They also come from different issuers: First Trust and American Beacon.
Find the right allocation for ESBG and AHLT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer