ESBG vs. MOOD

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and Relative Sentiment Tactical Allocation ETF (MOOD).

ESBG and MOOD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESBG is an actively managed fund by First Trust. It was launched on Nov 19, 2025. MOOD is an actively managed fund by Relative Sentiment. It was launched on May 18, 2022.

Performance

ESBG vs. MOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and Relative Sentiment Tactical Allocation ETF (MOOD). The values are adjusted to include any dividend payments, if applicable.

ESBG vs. MOOD - Yearly Performance Comparison

	2026 (YTD)	2025
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	2.00%	5.72%
MOOD Relative Sentiment Tactical Allocation ETF	6.93%	5.62%

Returns By Period

In the year-to-date period, ESBG achieves a 2.00% return, which is significantly lower than MOOD's 6.93% return.

ESBG

• 1D: 1.58%
• 1M: -11.95%
• YTD: 2.00%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MOOD

• 1D: 0.20%
• 1M: -5.74%
• YTD: 6.93%
• 6M: 13.11%
• 1Y: 32.14%
• 3Y*: 18.57%
• 5Y*: —
• 10Y*: —

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

ESBG vs. MOOD - Expense Ratio Comparison

ESBG has a 0.95% expense ratio, which is higher than MOOD's 0.68% expense ratio.

ESBG

First Trust Enhanced Stocks, Bonds & Gold ETF

MOOD

Relative Sentiment Tactical Allocation ETF

Return for Risk

ESBG vs. MOOD — Risk / Return Rank

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

MOOD

MOOD Risk / Return Rank: 92
MOOD Sharpe Ratio Rank: 93
MOOD Sortino Ratio Rank: 91
MOOD Omega Ratio Rank: 94
MOOD Calmar Ratio Rank: 91
MOOD Martin Ratio Rank: 89

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.

ESBG vs. MOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and Relative Sentiment Tactical Allocation ETF (MOOD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ESBG	MOOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	1.24	-0.38

Correlation

The correlation between ESBG and MOOD is 0.89, 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.

Dividends

ESBG vs. MOOD - Dividend Comparison

ESBG's dividend yield for the trailing twelve months is around 0.59%, more than MOOD's 0.38% yield.

	TTM	2025	2024	2023	2022
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	0.59%	0.24%	0.00%	0.00%	0.00%
MOOD Relative Sentiment Tactical Allocation ETF	0.38%	0.40%	1.33%	1.34%	1.43%

Drawdowns

ESBG vs. MOOD - Drawdown Comparison

The maximum ESBG drawdown since its inception was -18.84%, which is greater than MOOD's maximum drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for ESBG and MOOD.

Drawdown Indicators

	ESBG	MOOD	Difference
Max Drawdown Largest peak-to-trough decline	-18.84%	-14.34%	-4.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.71%	—
Current Drawdown Current decline from peak	-13.50%	-7.10%	-6.40%
Average Drawdown Average peak-to-trough decline	-4.28%	-2.27%	-2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.73%	—

Volatility

Volatility by Period

	ESBG	MOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	27.69%	14.26%	+13.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.69%	12.17%	+15.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.69%	12.17%	+15.52%