FGD vs. SPYI
Compare and contrast key facts about First Trust Dow Jones Global Select Dividend Index Fund (FGD) and NEOS S&P 500 High Income ETF (SPYI).
FGD and SPYI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FGD is a passively managed fund by First Trust that tracks the performance of the Dow Jones Global Select Dividend Index. It was launched on Nov 21, 2007. SPYI is an actively managed fund by Neos. It was launched on Aug 29, 2022.
Performance
FGD vs. SPYI - Performance Comparison
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FGD vs. SPYI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FGD First Trust Dow Jones Global Select Dividend Index Fund | 5.86% | 44.42% | 5.71% | 8.20% | 6.65% |
SPYI NEOS S&P 500 High Income ETF | -3.13% | 16.67% | 19.03% | 18.09% | -2.44% |
Returns By Period
In the year-to-date period, FGD achieves a 5.86% return, which is significantly higher than SPYI's -3.13% return.
FGD
- 1D
- 2.21%
- 1M
- -5.56%
- YTD
- 5.86%
- 6M
- 13.83%
- 1Y
- 39.89%
- 3Y*
- 20.04%
- 5Y*
- 11.06%
- 10Y*
- 9.62%
SPYI
- 1D
- 2.91%
- 1M
- -4.27%
- YTD
- -3.13%
- 6M
- 0.26%
- 1Y
- 16.35%
- 3Y*
- 14.25%
- 5Y*
- —
- 10Y*
- —
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FGD vs. SPYI - Expense Ratio Comparison
FGD has a 0.59% expense ratio, which is lower than SPYI's 0.68% expense ratio.
Return for Risk
FGD vs. SPYI — Risk / Return Rank
FGD
SPYI
FGD vs. SPYI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones Global Select Dividend Index Fund (FGD) and NEOS S&P 500 High Income ETF (SPYI). 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.
| FGD | SPYI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.66 | 1.01 | +1.65 |
Sortino ratioReturn per unit of downside risk | 3.49 | 1.53 | +1.95 |
Omega ratioGain probability vs. loss probability | 1.52 | 1.26 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 3.75 | 1.55 | +2.20 |
Martin ratioReturn relative to average drawdown | 14.43 | 8.15 | +6.28 |
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
| FGD | SPYI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.66 | 1.01 | +1.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 1.00 | -0.75 |
Correlation
The correlation between FGD and SPYI is 0.62, 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.
Dividends
FGD vs. SPYI - Dividend Comparison
FGD's dividend yield for the trailing twelve months is around 5.34%, less than SPYI's 12.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGD First Trust Dow Jones Global Select Dividend Index Fund | 5.34% | 5.62% | 5.87% | 6.44% | 5.74% | 5.35% | 6.17% | 5.19% | 5.88% | 4.01% | 4.36% | 5.07% |
SPYI NEOS S&P 500 High Income ETF | 12.50% | 11.70% | 12.04% | 12.01% | 4.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FGD vs. SPYI - Drawdown Comparison
The maximum FGD drawdown since its inception was -68.05%, which is greater than SPYI's maximum drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for FGD and SPYI.
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Drawdown Indicators
| FGD | SPYI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.05% | -16.47% | -51.58% |
Max Drawdown (1Y)Largest decline over 1 year | -10.51% | -11.02% | +0.51% |
Max Drawdown (5Y)Largest decline over 5 years | -28.68% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.84% | — | — |
Current DrawdownCurrent decline from peak | -6.66% | -5.03% | -1.63% |
Average DrawdownAverage peak-to-trough decline | -12.67% | -1.86% | -10.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 2.09% | +0.64% |
Volatility
FGD vs. SPYI - Volatility Comparison
First Trust Dow Jones Global Select Dividend Index Fund (FGD) has a higher volatility of 6.62% compared to NEOS S&P 500 High Income ETF (SPYI) at 5.08%. This indicates that FGD's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGD | SPYI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.62% | 5.08% | +1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 10.04% | 8.27% | +1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.05% | 16.22% | -1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.92% | 13.12% | +1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.29% | 13.12% | +5.17% |