ESIM vs. FDT

Last updated Jul 17, 2026

ESIM (Eventide International ETF) and FDT (First Trust Developed Markets ex-US AlphaDEX Fund) are both Foreign Large Cap Equities funds. ESIM is actively managed, while FDT is passively managed. Their correlation of 0.84 suggests significant overlap in exposure. ESIM charges 0.59%/yr vs 0.80%/yr for FDT.

Performance

ESIM vs. FDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide International ETF (ESIM) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with ESIM having a 15.32% return and FDT slightly lower at 14.96%.

ESIM

• 1D: -1.29%
• 1M: -1.24%
• 6M: 12.23%
• YTD: 15.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FDT

• 1D: -1.45%
• 1M: -8.86%
• 6M: 8.25%
• YTD: 14.96%
• 1Y: 35.51%
• 3Y*: 23.63%
• 5Y*: 11.65%
• 10Y*: 9.99%

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

ESIM vs. FDT - Yearly Performance Comparison

	2026 (YTD)	2025
ESIM Eventide International ETF	15.32%	1.26%
FDT First Trust Developed Markets ex-US AlphaDEX Fund	14.96%	1.27%

Correlation

The correlation between ESIM and FDT is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 17, 2025	0.84

ESIM vs. FDT - Sectors Allocation Comparison

Sectors	ESIM	FDT
Technology	26.8%	12.1%
Industrials	21.0%	32.4%
Financial Services	18.7%	9.9%
Healthcare	9.4%	1.3%
Utilities	7.0%	4.8%
Consumer Cyclical	6.7%	11.9%
Energy	4.5%	7.9%
Real Estate	3.7%	5.0%
Basic Materials	1.7%	9.4%
Communication Services	0.7%	2.8%
Consumer Defensive	-	2.5%

Return for Risk

ESIM vs. FDT — Risk / Return Rank

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

ESIM

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

FDT

FDT Risk / Return Rank: 65
FDT Sharpe Ratio Rank: 67
FDT Sortino Ratio Rank: 61
FDT Omega Ratio Rank: 68
FDT Calmar Ratio Rank: 67
FDT Martin Ratio Rank: 63

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.

ESIM vs. FDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide International ETF (ESIM) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT). 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.

	ESIM	FDT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.74	—
Sortino ratio: Return per unit of downside risk	—	2.31	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	2.66	—
Martin ratio: Return relative to average drawdown	—	8.86	—

Drawdowns

ESIM vs. FDT - Drawdown Comparison

The maximum ESIM drawdown since its inception was -11.26%, smaller than the maximum FDT drawdown of -46.10%. Use the drawdown chart below to compare losses from any high point for ESIM and FDT.

Drawdown Indicators

	ESIM	FDT	Difference
Max Drawdown Largest peak-to-trough decline	-11.26%	-46.10%	+34.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.80%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.10%	—
Current Drawdown Current decline from peak	-3.52%	-9.86%	+6.34%
Average Drawdown Average peak-to-trough decline	-2.16%	-10.73%	+8.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.02%	—

Volatility

Volatility by Period

	ESIM	FDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.36%	20.55%	-3.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.36%	18.62%	-1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	18.53%	-1.17%

ESIM vs. FDT - Expense Ratio Comparison

ESIM has a 0.59% expense ratio, which is lower than FDT's 0.80% expense ratio.

Dividends

ESIM vs. FDT - Dividend Comparison

ESIM's dividend yield for the trailing twelve months is around 1.21%, less than FDT's 2.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESIM Eventide International ETF	1.21%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FDT First Trust Developed Markets ex-US AlphaDEX Fund	2.91%	3.27%	3.89%	4.36%	2.29%	3.80%	2.42%	2.78%	2.13%	1.57%	1.76%	1.83%

Frequently Asked Questions

Can I hold both ESIM and FDT in my portfolio?

ESIM and FDT have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESIM or FDT?

On fees, ESIM is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESIM or FDT?

ESIM is cheaper with a 0.59% expense ratio, compared with 0.80% for FDT.

Which ETF pays a higher dividend yield, ESIM or FDT?

FDT has the higher dividend yield at 2.91%, compared with 1.21% for ESIM.

What is the main difference between ESIM and FDT?

They also come from different issuers: Eventide and First Trust. Their fees differ too: 0.59% for ESIM and 0.80% for FDT.