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FBTU.L vs. GRID
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FBTU.L vs. GRID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID). The values are adjusted to include any dividend payments, if applicable.

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FBTU.L vs. GRID - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
FBTU.L
First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating
-5.44%25.95%4.74%3.91%-5.96%-3.77%3.88%
GRID
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index
6.96%29.65%15.18%21.57%-13.89%27.65%53.63%

Returns By Period

In the year-to-date period, FBTU.L achieves a -5.44% return, which is significantly lower than GRID's 6.96% return.


FBTU.L

1D
2.87%
1M
-4.92%
YTD
-5.44%
6M
12.00%
1Y
18.72%
3Y*
8.81%
5Y*
3.92%
10Y*

GRID

1D
3.81%
1M
-7.97%
YTD
6.96%
6M
8.57%
1Y
46.12%
3Y*
20.12%
5Y*
14.69%
10Y*
18.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FBTU.L vs. GRID - Expense Ratio Comparison

FBTU.L has a 0.60% expense ratio, which is lower than GRID's 0.70% expense ratio.


Return for Risk

FBTU.L vs. GRID — Risk / Return Rank

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

FBTU.L
FBTU.L Risk / Return Rank: 4343
Overall Rank
FBTU.L Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
FBTU.L Sortino Ratio Rank: 4545
Sortino Ratio Rank
FBTU.L Omega Ratio Rank: 3939
Omega Ratio Rank
FBTU.L Calmar Ratio Rank: 4848
Calmar Ratio Rank
FBTU.L Martin Ratio Rank: 3838
Martin Ratio Rank

GRID
GRID Risk / Return Rank: 9494
Overall Rank
GRID Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
GRID Sortino Ratio Rank: 9595
Sortino Ratio Rank
GRID Omega Ratio Rank: 9393
Omega Ratio Rank
GRID Calmar Ratio Rank: 9595
Calmar Ratio Rank
GRID Martin Ratio Rank: 9595
Martin Ratio Rank
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.

FBTU.L vs. GRID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID). 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.


FBTU.LGRIDDifference

Sharpe ratio

Return per unit of total volatility

0.81

2.16

-1.35

Sortino ratio

Return per unit of downside risk

1.26

2.95

-1.69

Omega ratio

Gain probability vs. loss probability

1.16

1.41

-0.25

Calmar ratio

Return relative to maximum drawdown

1.26

3.82

-2.56

Martin ratio

Return relative to average drawdown

3.61

14.42

-10.81

FBTU.L vs. GRID - Sharpe Ratio Comparison

The current FBTU.L Sharpe Ratio is 0.81, which is lower than the GRID Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of FBTU.L and GRID, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FBTU.LGRIDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.81

2.16

-1.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.19

0.71

-0.52

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.80

Sharpe Ratio (All Time)

Calculated using the full available price history

0.16

0.52

-0.36

Correlation

The correlation between FBTU.L and GRID is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FBTU.L vs. GRID - Dividend Comparison

FBTU.L has not paid dividends to shareholders, while GRID's dividend yield for the trailing twelve months is around 0.92%.


TTM20252024202320222021202020192018201720162015
FBTU.L
First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GRID
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index
0.92%1.01%1.06%1.23%1.26%0.63%0.68%1.26%1.28%1.07%1.07%1.23%

Drawdowns

FBTU.L vs. GRID - Drawdown Comparison

The maximum FBTU.L drawdown since its inception was -33.73%, smaller than the maximum GRID drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for FBTU.L and GRID.


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Drawdown Indicators


FBTU.LGRIDDifference

Max Drawdown

Largest peak-to-trough decline

-33.73%

-40.56%

+6.83%

Max Drawdown (1Y)

Largest decline over 1 year

-15.22%

-11.73%

-3.49%

Max Drawdown (5Y)

Largest decline over 5 years

-29.97%

-29.64%

-0.33%

Max Drawdown (10Y)

Largest decline over 10 years

-40.56%

Current Drawdown

Current decline from peak

-11.52%

-8.37%

-3.15%

Average Drawdown

Average peak-to-trough decline

-13.30%

-8.50%

-4.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.00%

3.11%

+1.89%

Volatility

FBTU.L vs. GRID - Volatility Comparison

The current volatility for First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) is 7.43%, while First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) has a volatility of 9.26%. This indicates that FBTU.L experiences smaller price fluctuations and is considered to be less risky than GRID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FBTU.LGRIDDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.43%

9.26%

-1.83%

Volatility (6M)

Calculated over the trailing 6-month period

14.90%

14.14%

+0.76%

Volatility (1Y)

Calculated over the trailing 1-year period

22.95%

21.44%

+1.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.73%

20.68%

+0.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.25%

22.74%

-1.49%