FDND vs. XISE

Last updated Jun 4, 2026

FDND (FT Vest Dow Jones Internet & Target Income ETF) and XISE (FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September) are both exchange-traded funds - FDND is a Technology Equities fund actively managed by FT Vest, while XISE is a Options Trading fund actively managed by FT Vest. Both are actively managed. Over the past year, FDND returned 7.37% vs 6.80% for XISE. A 0.62 correlation means they provide meaningful diversification when combined. FDND charges 0.75%/yr vs 0.85%/yr for XISE.

Performance

FDND vs. XISE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Dow Jones Internet & Target Income ETF (FDND) and FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (XISE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDND achieves a 2.42% return, which is significantly lower than XISE's 3.00% return.

FDND

• 1D: -1.99%
• 1M: 3.57%
• YTD: 2.42%
• 6M: 1.71%
• 1Y: 7.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XISE

• 1D: -0.02%
• 1M: 0.75%
• YTD: 3.00%
• 6M: 3.75%
• 1Y: 6.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDND vs. XISE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FDND FT Vest Dow Jones Internet & Target Income ETF	2.42%	9.69%	15.85%
XISE FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September	3.00%	6.42%	4.08%

Correlation

The correlation between FDND and XISE is 0.59, 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	0.59
Correlation (All Time) Calculated using the full available price history since Mar 22, 2024	0.62

The correlation between FDND and XISE has been stable across timeframes, ranging from 0.59 to 0.62 - a consistent structural relationship.

Return for Risk

FDND vs. XISE — Risk / Return Rank

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

FDND

FDND Risk / Return Rank: 14
FDND Sharpe Ratio Rank: 15
FDND Sortino Ratio Rank: 14
FDND Omega Ratio Rank: 14
FDND Calmar Ratio Rank: 13
FDND Martin Ratio Rank: 13

XISE

XISE Risk / Return Rank: 80
XISE Sharpe Ratio Rank: 71
XISE Sortino Ratio Rank: 81
XISE Omega Ratio Rank: 87
XISE Calmar Ratio Rank: 74
XISE Martin Ratio Rank: 90

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.

FDND vs. XISE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Dow Jones Internet & Target Income ETF (FDND) and FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (XISE). 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.

	FDND	XISE	Difference
Sharpe ratio: Return per unit of total volatility	0.40	2.31	-1.91
Sortino ratio: Return per unit of downside risk	0.66	3.59	-2.93
Omega ratio: Gain probability vs. loss probability	1.08	1.53	-0.45
Calmar ratio: Return relative to maximum drawdown	0.36	3.64	-3.28
Martin ratio: Return relative to average drawdown	0.88	20.31	-19.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDND vs. XISE - Sharpe Ratio Comparison

The current FDND Sharpe Ratio is 0.40, which is lower than the XISE Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of FDND and XISE, 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

	FDND	XISE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	2.31	-1.91
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	1.39	-0.79

Drawdowns

FDND vs. XISE - Drawdown Comparison

The maximum FDND drawdown since its inception was -24.12%, which is greater than XISE's maximum drawdown of -6.17%. Use the drawdown chart below to compare losses from any high point for FDND and XISE.

Drawdown Indicators

	FDND	XISE	Difference
Max Drawdown Largest peak-to-trough decline	-24.12%	-6.17%	-17.95%
Max Drawdown (1Y) Largest decline over 1 year	-20.49%	-1.88%	-18.61%
Current Drawdown Current decline from peak	-4.24%	-0.02%	-4.22%
Average Drawdown Average peak-to-trough decline	-5.67%	-0.24%	-5.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.39%	0.34%	+8.05%

Volatility

FDND vs. XISE - Volatility Comparison

FT Vest Dow Jones Internet & Target Income ETF (FDND) has a higher volatility of 5.29% compared to FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September (XISE) at 0.37%. This indicates that FDND's price experiences larger fluctuations and is considered to be riskier than XISE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDND	XISE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.29%	0.37%	+4.92%
Volatility (6M) Calculated over the trailing 6-month period	14.07%	2.33%	+11.74%
Volatility (1Y) Calculated over the trailing 1-year period	18.28%	2.96%	+15.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.40%	4.92%	+16.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.40%	4.92%	+16.48%

FDND vs. XISE - Expense Ratio Comparison

FDND has a 0.75% expense ratio, which is lower than XISE's 0.85% expense ratio.

Dividends

FDND vs. XISE - Dividend Comparison

FDND's dividend yield for the trailing twelve months is around 7.98%, more than XISE's 5.92% yield.

Position	TTM	2025	2024	2023
FDND FT Vest Dow Jones Internet & Target Income ETF	7.98%	8.11%	5.51%	0.00%
XISE FT Cboe Vest U.S. Equity Buffer & Premium Income ETF – September	5.92%	5.81%	7.04%	1.20%

Frequently Asked Questions

Can I hold both FDND and XISE in my portfolio?

FDND and XISE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDND or XISE?

FDND has higher volatility (5.29%) compared to XISE (0.37%). In terms of maximum drawdown, FDND dropped -24.12% vs XISE's -6.17%.

Which ETF is better, FDND or XISE?

On 1-year performance, FDND leads with 7.37% vs 6.80% for XISE. On fees, FDND is cheaper at 0.75% per year. On volatility, XISE has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDND or XISE?

Over the 1-year period, FDND has performed better with a 7.37% return vs 6.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDND or XISE?

FDND is cheaper with a 0.75% expense ratio, compared with 0.85% for XISE.

Which ETF pays a higher dividend yield, FDND or XISE?

FDND has the higher dividend yield at 7.98%, compared with 5.92% for XISE.

What is the main difference between FDND and XISE?

FDND is categorized as Technology Equities, while XISE is Options Trading. Their fees differ too: 0.75% for FDND and 0.85% for XISE.

Which has better risk-adjusted returns?

XISE currently has the higher Sharpe Ratio (2.31 vs 0.40), 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.