FCFY vs. DEW
Compare and contrast key facts about First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) and WisdomTree Global High Dividend Fund (DEW).
FCFY and DEW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCFY is a passively managed fund by First Trust that tracks the performance of the S&P 500 Sector-Neutral FCF Index - Benchmark TR Gross. It was launched on Aug 22, 2023. DEW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global High Dividend Index. It was launched on Jun 16, 2006. Both FCFY and DEW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FCFY vs. DEW - Performance Comparison
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FCFY vs. DEW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF | -7.94% | 16.76% | 11.28% | 11.06% |
DEW WisdomTree Global High Dividend Fund | 8.14% | 22.39% | 11.58% | 8.57% |
Returns By Period
In the year-to-date period, FCFY achieves a -7.94% return, which is significantly lower than DEW's 8.14% return.
FCFY
- 1D
- 1.82%
- 1M
- -4.57%
- YTD
- -7.94%
- 6M
- -4.92%
- 1Y
- 10.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DEW
- 1D
- 1.36%
- 1M
- -3.63%
- YTD
- 8.14%
- 6M
- 11.73%
- 1Y
- 22.63%
- 3Y*
- 17.01%
- 5Y*
- 11.51%
- 10Y*
- 9.23%
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FCFY vs. DEW - Expense Ratio Comparison
FCFY has a 0.60% expense ratio, which is higher than DEW's 0.58% expense ratio.
Return for Risk
FCFY vs. DEW — Risk / Return Rank
FCFY
DEW
FCFY vs. DEW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) and WisdomTree Global High Dividend Fund (DEW). 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.
| FCFY | DEW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.48 | 1.69 | -1.21 |
Sortino ratioReturn per unit of downside risk | 0.84 | 2.30 | -1.46 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.35 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | 0.79 | 1.98 | -1.19 |
Martin ratioReturn relative to average drawdown | 2.62 | 10.56 | -7.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCFY | DEW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | 1.69 | -1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.89 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.28 | +0.38 |
Correlation
The correlation between FCFY and DEW is 0.76, 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
FCFY vs. DEW - Dividend Comparison
FCFY's dividend yield for the trailing twelve months is around 1.60%, less than DEW's 3.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF | 1.60% | 1.48% | 1.76% | 0.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DEW WisdomTree Global High Dividend Fund | 3.33% | 3.71% | 4.02% | 4.55% | 3.82% | 3.55% | 4.10% | 3.74% | 4.17% | 3.18% | 3.42% | 4.32% |
Drawdowns
FCFY vs. DEW - Drawdown Comparison
The maximum FCFY drawdown since its inception was -21.36%, smaller than the maximum DEW drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for FCFY and DEW.
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Drawdown Indicators
| FCFY | DEW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.36% | -65.55% | +44.19% |
Max Drawdown (1Y)Largest decline over 1 year | -15.01% | -11.80% | -3.21% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.86% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.77% | — |
Current DrawdownCurrent decline from peak | -10.31% | -3.63% | -6.68% |
Average DrawdownAverage peak-to-trough decline | -3.38% | -12.54% | +9.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.54% | 2.21% | +2.33% |
Volatility
FCFY vs. DEW - Volatility Comparison
First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) and WisdomTree Global High Dividend Fund (DEW) have volatilities of 4.10% and 4.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCFY | DEW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 4.07% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 12.14% | 7.21% | +4.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.64% | 13.42% | +9.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.71% | 13.02% | +4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.71% | 15.55% | +2.16% |