ESBG vs. NFTY
ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - ESBG is a Tactical Allocation fund actively managed by First Trust, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. ESBG is actively managed, while NFTY is passively managed. Their 0.39 correlation means their historical movements had little consistent relationship. ESBG charges 0.95%/yr vs 0.80%/yr for NFTY.
Performance
ESBG vs. NFTY - Performance Comparison
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Returns By Period
In the year-to-date period, ESBG achieves a -2.79% return, which is significantly higher than NFTY's -5.91% return.
ESBG
- 1D
- -0.46%
- 1M
- -2.07%
- 6M
- -11.15%
- YTD
- -2.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NFTY
- 1D
- -0.10%
- 1M
- 0.86%
- 6M
- -2.37%
- YTD
- -5.91%
- 1Y
- -2.47%
- 3Y*
- 5.47%
- 5Y*
- 5.91%
- 10Y*
- 7.50%
- ALL TIME*
- 6.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.83K | $6.10K | $15.77K | |
| $2.39M | $1.68M | $1.69M |
ESBG vs. NFTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | -2.79% | 5.67% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | -5.91% | -0.17% |
Correlation
The correlation between ESBG and NFTY is 0.39, 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 | 0.39 |
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Return for Risk
ESBG vs. NFTY — Risk / Return Rank
ESBG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NFTY
ESBG vs. NFTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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 | NFTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.99 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.14 | — |
| Martin ratioReturn relative to average drawdown | — | -0.31 | — |
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Drawdowns
ESBG vs. NFTY - Drawdown Comparison
The maximum ESBG drawdown since its inception was -18.84%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for ESBG and NFTY.
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Drawdown Indicators
| ESBG | NFTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.84% | -47.67% | +28.83% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.14% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.55% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.67% | — |
Current DrawdownCurrent decline from peak | -17.57% | -13.99% | -3.58% |
Average DrawdownAverage peak-to-trough decline | -8.52% | -9.65% | +1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.98% | — |
Volatility
ESBG vs. NFTY - Volatility Comparison
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Volatility by Period
| ESBG | NFTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.54% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.71% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.17% | 14.82% | +10.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.17% | 17.42% | +7.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.17% | 20.64% | +4.53% |
ESBG vs. NFTY - Expense Ratio Comparison
ESBG has a 0.95% expense ratio, which is higher than NFTY's 0.80% expense ratio.
Dividends
ESBG vs. NFTY - Dividend Comparison
ESBG's dividend yield for the trailing twelve months is around 1.12%, less than NFTY's 1.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 1.12% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.88% | 1.24% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.39% |
Frequently Asked Questions
ESBG and NFTY have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NFTY is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NFTY is cheaper with a 0.80% expense ratio, compared with 0.95% for ESBG.
NFTY has the higher dividend yield at 1.88%, compared with 1.12% for ESBG.
ESBG is categorized as Tactical Allocation, while NFTY is India Equities. Their fees differ too: 0.95% for ESBG and 0.80% for NFTY.
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