FDD vs. EISIX

Last updated Jun 4, 2026

FDD (First Trust STOXX European Select Dividend Index Fund) and EISIX (Carillon ClariVest International Stock Fund) are both funds - FDD is a Europe Equities fund tracking the STOXX Europe Select Dividend 30, while EISIX is a Foreign Large Cap Equities fund managed by Carillon Family of Funds. Over the past 10 years, FDD returned 9.96%/yr vs 12.26%/yr for EISIX. Their correlation of 0.84 suggests significant overlap in exposure. FDD charges 0.58%/yr vs 0.96%/yr for EISIX.

Performance

FDD vs. EISIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust STOXX European Select Dividend Index Fund (FDD) and Carillon ClariVest International Stock Fund (EISIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDD achieves a 11.53% return, which is significantly lower than EISIX's 23.83% return. Over the past 10 years, FDD has underperformed EISIX with an annualized return of 9.96%, while EISIX has yielded a comparatively higher 12.26% annualized return.

FDD

• 1D: -1.17%
• 1M: 3.51%
• YTD: 11.53%
• 6M: 17.78%
• 1Y: 33.02%
• 3Y*: 25.85%
• 5Y*: 11.03%
• 10Y*: 9.96%

EISIX

• 1D: 1.24%
• 1M: 10.86%
• YTD: 23.83%
• 6M: 27.70%
• 1Y: 50.10%
• 3Y*: 29.39%
• 5Y*: 16.38%
• 10Y*: 12.26%

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

FDD vs. EISIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDD First Trust STOXX European Select Dividend Index Fund	11.53%	62.50%	0.28%	14.16%	-16.14%	16.03%	-3.80%	23.79%	-8.98%	19.07%
EISIX Carillon ClariVest International Stock Fund	23.83%	39.31%	14.86%	20.02%	-11.83%	17.84%	2.92%	18.66%	-17.86%	27.57%

Correlation

The correlation between FDD and EISIX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.84

The correlation between FDD and EISIX has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.

Return for Risk

FDD vs. EISIX — Risk / Return Rank

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

FDD

FDD Risk / Return Rank: 64
FDD Sharpe Ratio Rank: 63
FDD Sortino Ratio Rank: 62
FDD Omega Ratio Rank: 60
FDD Calmar Ratio Rank: 70
FDD Martin Ratio Rank: 64

EISIX

EISIX Risk / Return Rank: 86
EISIX Sharpe Ratio Rank: 92
EISIX Sortino Ratio Rank: 86
EISIX Omega Ratio Rank: 85
EISIX Calmar Ratio Rank: 84
EISIX Martin Ratio Rank: 83

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.

FDD vs. EISIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust STOXX European Select Dividend Index Fund (FDD) and Carillon ClariVest International Stock Fund (EISIX). 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.

	FDD	EISIX	Difference
Sharpe ratio: Return per unit of total volatility	2.16	3.13	-0.97
Sortino ratio: Return per unit of downside risk	2.98	4.05	-1.08
Omega ratio: Gain probability vs. loss probability	1.37	1.58	-0.21
Calmar ratio: Return relative to maximum drawdown	3.53	3.97	-0.43
Martin ratio: Return relative to average drawdown	11.86	15.76	-3.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDD vs. EISIX - Sharpe Ratio Comparison

The current FDD Sharpe Ratio is 2.16, which is lower than the EISIX Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of FDD and EISIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDD	EISIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	3.13	-0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	1.02	-0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.74	-0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.60	-0.51

Drawdowns

FDD vs. EISIX - Drawdown Comparison

The maximum FDD drawdown since its inception was -74.77%, which is greater than EISIX's maximum drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for FDD and EISIX.

Drawdown Indicators

	FDD	EISIX	Difference
Max Drawdown Largest peak-to-trough decline	-74.77%	-39.30%	-35.47%
Max Drawdown (1Y) Largest decline over 1 year	-9.39%	-12.54%	+3.15%
Max Drawdown (3Y) Largest decline over 3 years	-13.06%	-13.38%	+0.32%
Max Drawdown (5Y) Largest decline over 5 years	-35.11%	-27.05%	-8.06%
Max Drawdown (10Y) Largest decline over 10 years	-41.43%	-39.30%	-2.13%
Current Drawdown Current decline from peak	-2.26%	0.00%	-2.26%
Average Drawdown Average peak-to-trough decline	-35.47%	-7.47%	-28.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	3.15%	-0.36%

Volatility

FDD vs. EISIX - Volatility Comparison

The current volatility for First Trust STOXX European Select Dividend Index Fund (FDD) is 5.22%, while Carillon ClariVest International Stock Fund (EISIX) has a volatility of 5.80%. This indicates that FDD experiences smaller price fluctuations and is considered to be less risky than EISIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDD	EISIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.22%	5.80%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	12.35%	13.67%	-1.32%
Volatility (1Y) Calculated over the trailing 1-year period	15.43%	15.94%	-0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.39%	16.15%	+2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.16%	16.70%	+3.46%

FDD vs. EISIX - Expense Ratio Comparison

FDD has a 0.58% expense ratio, which is lower than EISIX's 0.96% expense ratio.

Dividends

FDD vs. EISIX - Dividend Comparison

FDD's dividend yield for the trailing twelve months is around 3.55%, more than EISIX's 2.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EISIX Carillon ClariVest International Stock Fund	2.42%	3.00%	3.83%	2.95%	0.87%	1.81%	1.09%	2.39%	1.81%	1.36%	2.31%	0.77%
FDD First Trust STOXX European Select Dividend Index Fund	3.55%	3.99%	7.65%	6.85%	6.07%	3.44%	4.01%	4.69%	5.05%	2.78%	4.88%	4.35%

Frequently Asked Questions

Can I hold both FDD and EISIX in my portfolio?

FDD and EISIX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDD or EISIX?

EISIX has higher volatility (5.80%) compared to FDD (5.22%). In terms of maximum drawdown, FDD dropped -74.77% vs EISIX's -39.30%.

Which has better risk-adjusted returns?

EISIX currently has the higher Sharpe Ratio (3.13 vs 2.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.