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FBT vs. XBI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBT and XBI is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

FBT vs. XBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Amex Biotechnology Index (FBT) and SPDR S&P Biotech ETF (XBI). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%NovemberDecember2025FebruaryMarchApril
732.39%
482.62%
FBT
XBI

Key characteristics

Sharpe Ratio

FBT:

0.61

XBI:

-0.12

Sortino Ratio

FBT:

0.94

XBI:

0.02

Omega Ratio

FBT:

1.13

XBI:

1.00

Calmar Ratio

FBT:

0.60

XBI:

-0.05

Martin Ratio

FBT:

2.54

XBI:

-0.30

Ulcer Index

FBT:

5.13%

XBI:

10.83%

Daily Std Dev

FBT:

21.32%

XBI:

27.01%

Max Drawdown

FBT:

-40.51%

XBI:

-63.89%

Current Drawdown

FBT:

-11.93%

XBI:

-53.42%

Returns By Period

In the year-to-date period, FBT achieves a -3.46% return, which is significantly higher than XBI's -10.18% return. Over the past 10 years, FBT has outperformed XBI with an annualized return of 3.47%, while XBI has yielded a comparatively lower 1.11% annualized return.


FBT

YTD

-3.46%

1M

-4.59%

6M

-3.94%

1Y

11.15%

5Y*

0.99%

10Y*

3.47%

XBI

YTD

-10.18%

1M

-7.11%

6M

-16.82%

1Y

-3.49%

5Y*

-3.50%

10Y*

1.11%

*Annualized

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FBT vs. XBI - Expense Ratio Comparison

FBT has a 0.57% expense ratio, which is higher than XBI's 0.35% expense ratio.


Expense ratio chart for FBT: current value is 0.57%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FBT: 0.57%
Expense ratio chart for XBI: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XBI: 0.35%

Risk-Adjusted Performance

FBT vs. XBI — Risk-Adjusted Performance Rank

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

FBT
The Risk-Adjusted Performance Rank of FBT is 6666
Overall Rank
The Sharpe Ratio Rank of FBT is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FBT is 6464
Sortino Ratio Rank
The Omega Ratio Rank of FBT is 6363
Omega Ratio Rank
The Calmar Ratio Rank of FBT is 7070
Calmar Ratio Rank
The Martin Ratio Rank of FBT is 6868
Martin Ratio Rank

XBI
The Risk-Adjusted Performance Rank of XBI is 1717
Overall Rank
The Sharpe Ratio Rank of XBI is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of XBI is 1818
Sortino Ratio Rank
The Omega Ratio Rank of XBI is 1818
Omega Ratio Rank
The Calmar Ratio Rank of XBI is 1818
Calmar Ratio Rank
The Martin Ratio Rank of XBI is 1717
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FBT vs. XBI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Amex Biotechnology Index (FBT) and SPDR S&P Biotech ETF (XBI). 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.


The chart of Sharpe ratio for FBT, currently valued at 0.61, compared to the broader market-1.000.001.002.003.004.00
FBT: 0.61
XBI: -0.12
The chart of Sortino ratio for FBT, currently valued at 0.94, compared to the broader market-2.000.002.004.006.008.00
FBT: 0.94
XBI: 0.02
The chart of Omega ratio for FBT, currently valued at 1.13, compared to the broader market0.501.001.502.00
FBT: 1.13
XBI: 1.00
The chart of Calmar ratio for FBT, currently valued at 0.60, compared to the broader market0.002.004.006.008.0010.0012.00
FBT: 0.60
XBI: -0.05
The chart of Martin ratio for FBT, currently valued at 2.54, compared to the broader market0.0020.0040.0060.00
FBT: 2.54
XBI: -0.30

The current FBT Sharpe Ratio is 0.61, which is higher than the XBI Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of FBT and XBI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.61
-0.12
FBT
XBI

Dividends

FBT vs. XBI - Dividend Comparison

FBT's dividend yield for the trailing twelve months is around 0.73%, more than XBI's 0.17% yield.


TTM20242023202220212020201920182017201620152014
FBT
First Trust Amex Biotechnology Index
0.73%0.71%0.00%0.00%1.37%0.00%0.00%0.00%0.00%0.00%0.12%0.05%
XBI
SPDR S&P Biotech ETF
0.17%0.15%0.02%0.00%0.04%0.20%0.00%0.28%0.24%0.26%0.61%1.07%

Drawdowns

FBT vs. XBI - Drawdown Comparison

The maximum FBT drawdown since its inception was -40.51%, smaller than the maximum XBI drawdown of -63.89%. Use the drawdown chart below to compare losses from any high point for FBT and XBI. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-11.93%
-53.42%
FBT
XBI

Volatility

FBT vs. XBI - Volatility Comparison

The current volatility for First Trust Amex Biotechnology Index (FBT) is 13.67%, while SPDR S&P Biotech ETF (XBI) has a volatility of 15.26%. This indicates that FBT experiences smaller price fluctuations and is considered to be less risky than XBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
13.67%
15.26%
FBT
XBI