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FGSI vs. NFTY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FGSI vs. NFTY

Last updated Jun 4, 2026

FGSI (First Trust Vest Growth Strength & Target Income ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - FGSI is a Derivative Income fund actively managed by First Trust, while NFTY is a Asia Pacific Equities fund tracking the NIFTY 50 Equal Weight Index. FGSI is actively managed, while NFTY is passively managed. At a 0.36 correlation, their price movements are largely independent. FGSI charges 0.85%/yr vs 0.80%/yr for NFTY.

Performance

FGSI vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Vest Growth Strength & Target Income ETF (FGSI) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FGSI achieves a 4.99% return, which is significantly higher than NFTY's -9.70% return.

FGSI

1D
-0.54%
1M
3.18%
YTD
4.99%
6M
5.04%
1Y
—
3Y*
—
5Y*
—
10Y*
—

NFTY

1D
-1.34%
1M
-1.64%
YTD
-9.70%
6M
-7.99%
1Y
-8.48%
3Y*
5.72%
5Y*
4.62%
10Y*
8.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FGSI vs. NFTY - Yearly Performance Comparison

2026 (YTD)2025
FGSI
First Trust Vest Growth Strength & Target Income ETF		4.99%4.53%
NFTY
First Trust India NIFTY 50 Equal Weight ETF		-9.70%-1.71%

Correlation

The correlation between FGSI and NFTY is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jun 27, 2025

0.36

FGSI vs. NFTY - Sectors Allocation Comparison

Sectors
FGSI
NFTY

Technology

30.5%
9.2%

Healthcare

17.6%
9.7%

Financial Services

16.2%
21.2%

Consumer Cyclical

13.6%
16.3%

Industrials

12.4%
8.3%

Communication Services

5.7%
2.0%

Energy

4.8%
8.5%

Consumer Defensive

2.0%
8.3%

Basic Materials

1.9%
12.5%

Real Estate

-

-

Utilities

-

4.0%

Technology

FGSI
30.5%
NFTY
9.2%

Healthcare

FGSI
17.6%
NFTY
9.7%

Financial Services

FGSI
16.2%
NFTY
21.2%

Consumer Cyclical

FGSI
13.6%
NFTY
16.3%

Industrials

FGSI
12.4%
NFTY
8.3%

Communication Services

FGSI
5.7%
NFTY
2.0%

Energy

FGSI
4.8%
NFTY
8.5%

Consumer Defensive

FGSI
2.0%
NFTY
8.3%

Basic Materials

FGSI
1.9%
NFTY
12.5%

Real Estate

FGSI

-

NFTY

-

Utilities

FGSI

-

NFTY
4.0%

Compare stocks, funds, or ETFs

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First Trust Vest Growth Strength & Target Income ETF

First Trust India NIFTY 50 Equal Weight ETF

Often compared with FGSI:
FGSI vs. FAARFGSI vs. FDLFGSI vs. GOOYFGSI vs. AIRRFGSI vs. IBICFGSI vs. USFRFGSI vs. YCS
Often compared with NFTY:
NFTY vs. SPYNFTY vs. INDYNFTY vs. TCS.NSNFTY vs. FLINNFTY vs. EPINFTY vs. QQQNFTY vs. ^BSE500

Return for Risk

FGSI vs. NFTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FGSI
NFTY
NFTY Risk / Return Rank: 33
Overall Rank
NFTY Sharpe Ratio Rank: 44
Sharpe Ratio Rank
NFTY Sortino Ratio Rank: 44
Sortino Ratio Rank
NFTY Omega Ratio Rank: 44
Omega Ratio Rank
NFTY Calmar Ratio Rank: 44
Calmar Ratio Rank
NFTY Martin Ratio Rank: 22
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.

FGSI vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Vest Growth Strength & Target Income ETF (FGSI) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FGSI vs. NFTY - Sharpe Ratio Comparison

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Sharpe Ratios by Period

FGSINFTYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

-0.58

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.27

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.39

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.85

0.28

+0.57

Drawdowns

FGSI vs. NFTY - Drawdown Comparison

The maximum FGSI drawdown since its inception was -8.25%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for FGSI and NFTY.

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Drawdown Indicators

FGSINFTYDifference

Max Drawdown

Largest peak-to-trough decline

-8.25%

-47.67%

+39.42%

Max Drawdown (1Y)

Largest decline over 1 year

—

-16.14%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-21.55%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-21.55%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-47.67%

—

Current Drawdown

Current decline from peak

-1.50%

-17.45%

+15.95%

Average Drawdown

Average peak-to-trough decline

-1.91%

-9.58%

+7.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

6.12%

—

Volatility

FGSI vs. NFTY - Volatility Comparison

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Volatility by Period

FGSINFTYDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.58%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

12.57%

—

Volatility (1Y)

Calculated over the trailing 1-year period

12.43%

14.72%

-2.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.43%

17.39%

-4.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.43%

20.72%

-8.29%

FGSI vs. NFTY - Expense Ratio Comparison

FGSI has a 0.85% expense ratio, which is higher than NFTY's 0.80% expense ratio.

Dividends

FGSI vs. NFTY - Dividend Comparison

FGSI's dividend yield for the trailing twelve months is around 7.57%, more than NFTY's 1.96% yield.

PositionTTM20252024202320222021202020192018201720162015
FGSI
First Trust Vest Growth Strength & Target Income ETF		7.57%4.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NFTY
First Trust India NIFTY 50 Equal Weight ETF		1.96%1.24%1.61%0.13%5.89%1.53%0.61%0.97%0.00%4.10%3.28%4.39%

Frequently Asked Questions

FGSI and NFTY have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, NFTY is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

NFTY is cheaper with a 0.80% expense ratio, compared with 0.85% for FGSI.

FGSI has the higher dividend yield at 7.57%, compared with 1.96% for NFTY.

FGSI is categorized as Derivative Income, while NFTY is Asia Pacific Equities. Their fees differ too: 0.85% for FGSI and 0.80% for NFTY.

Portfolio Optimizer

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