ESBG vs. GMOD
ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) and GMOD (GMO Dynamic Allocation ETF) are both Tactical Allocation funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. ESBG charges 0.95%/yr vs 0.50%/yr for GMOD.
Performance
ESBG vs. GMOD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ESBG achieves a -2.86% return, which is significantly lower than GMOD's 7.11% return.
ESBG
- 1D
- -2.33%
- 1M
- -2.85%
- 6M
- -8.17%
- YTD
- -2.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GMOD
- 1D
- -0.60%
- 1M
- -0.23%
- 6M
- 4.70%
- YTD
- 7.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESBG vs. GMOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | -2.86% | 5.67% |
GMOD GMO Dynamic Allocation ETF | 7.11% | 3.38% |
Correlation
The correlation between ESBG and GMOD is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | 0.68 |
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. GMOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and GMO Dynamic Allocation ETF (GMOD). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
ESBG vs. GMOD - Drawdown Comparison
The maximum ESBG drawdown since its inception was -18.84%, which is greater than GMOD's maximum drawdown of -6.50%. Use the drawdown chart below to compare losses from any high point for ESBG and GMOD.
Loading charts...
Drawdown Indicators
| ESBG | GMOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.84% | -6.50% | -12.34% |
Current DrawdownCurrent decline from peak | -17.63% | -0.90% | -16.73% |
Average DrawdownAverage peak-to-trough decline | -7.74% | -1.10% | -6.64% |
Volatility
ESBG vs. GMOD - Volatility Comparison
Loading charts...
Volatility by Period
| ESBG | GMOD | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 25.71% | 8.89% | +16.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.71% | 8.89% | +16.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.71% | 8.89% | +16.82% |
ESBG vs. GMOD - Expense Ratio Comparison
ESBG has a 0.95% expense ratio, which is higher than GMOD's 0.50% expense ratio.
Dividends
ESBG vs. GMOD - Dividend Comparison
ESBG's dividend yield for the trailing twelve months is around 1.12%, less than GMOD's 1.37% yield.
| Position | TTM | 2025 |
|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 1.12% | 0.24% |
GMOD GMO Dynamic Allocation ETF | 1.37% | 0.93% |
Frequently Asked Questions
ESBG and GMOD have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GMOD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GMOD is cheaper with a 0.50% expense ratio, compared with 0.95% for ESBG.
GMOD has the higher dividend yield at 1.37%, compared with 1.12% for ESBG.
They also come from different issuers: First Trust and GMO. Their fees differ too: 0.95% for ESBG and 0.50% for GMOD.
Find the right allocation for ESBG and GMOD
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