FGSI vs. OMAH

Last updated Jun 4, 2026

FGSI (First Trust Vest Growth Strength & Target Income ETF) and OMAH (VistaShares Target 15™ Berkshire Select Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. FGSI charges 0.85%/yr vs 0.95%/yr for OMAH.

Performance

FGSI vs. OMAH - 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 VistaShares Target 15™ Berkshire Select Income ETF (OMAH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FGSI achieves a 4.99% return, which is significantly higher than OMAH's 4.56% return.

FGSI

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

OMAH

• 1D: -0.70%
• 1M: 0.44%
• YTD: 4.56%
• 6M: 4.00%
• 1Y: 11.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FGSI vs. OMAH - Yearly Performance Comparison

	2026 (YTD)	2025
FGSI First Trust Vest Growth Strength & Target Income ETF	4.99%	4.53%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	4.56%	5.64%

Correlation

The correlation between FGSI and OMAH is 0.49, 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	0.49

FGSI vs. OMAH - Sectors Allocation Comparison

Sectors	FGSI	OMAH
Technology	30.5%	13.6%
Healthcare	17.6%	7.0%
Financial Services	16.2%	38.9%
Consumer Cyclical	13.6%	4.1%
Industrials	12.4%	-
Communication Services	5.7%	9.8%
Energy	4.8%	10.5%
Consumer Defensive	2.0%	16.2%
Basic Materials	1.9%	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FGSI vs. OMAH — Risk / Return Rank

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

OMAH

OMAH Risk / Return Rank: 49
OMAH Sharpe Ratio Rank: 39
OMAH Sortino Ratio Rank: 38
OMAH Omega Ratio Rank: 37
OMAH Calmar Ratio Rank: 75
OMAH Martin Ratio Rank: 54

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. OMAH - 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 VistaShares Target 15™ Berkshire Select Income ETF (OMAH). 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.

Sharpe Ratios by Period

	FGSI	OMAH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.70	+0.14

Drawdowns

FGSI vs. OMAH - Drawdown Comparison

The maximum FGSI drawdown since its inception was -8.25%, smaller than the maximum OMAH drawdown of -11.83%. Use the drawdown chart below to compare losses from any high point for FGSI and OMAH.

Drawdown Indicators

	FGSI	OMAH	Difference
Max Drawdown Largest peak-to-trough decline	-8.25%	-11.83%	+3.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.00%	—
Current Drawdown Current decline from peak	-1.50%	-2.65%	+1.15%
Average Drawdown Average peak-to-trough decline	-1.91%	-1.26%	-0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.21%	—

Volatility

Volatility by Period

	FGSI	OMAH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.43%	8.05%	+4.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.43%	13.21%	-0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.43%	13.21%	-0.78%

FGSI vs. OMAH - Expense Ratio Comparison

FGSI has a 0.85% expense ratio, which is lower than OMAH's 0.95% expense ratio.

Dividends

FGSI vs. OMAH - Dividend Comparison

FGSI's dividend yield for the trailing twelve months is around 7.57%, less than OMAH's 15.44% yield.

Position	TTM	2025
FGSI First Trust Vest Growth Strength & Target Income ETF	7.57%	4.20%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	15.44%	12.86%

Frequently Asked Questions

Can I hold both FGSI and OMAH in my portfolio?

FGSI and OMAH have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FGSI or OMAH?

On fees, FGSI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FGSI or OMAH?

FGSI is cheaper with a 0.85% expense ratio, compared with 0.95% for OMAH.

Which ETF pays a higher dividend yield, FGSI or OMAH?

OMAH has the higher dividend yield at 15.44%, compared with 7.57% for FGSI.

What is the main difference between FGSI and OMAH?

They also come from different issuers: First Trust and VistaShares. Their fees differ too: 0.85% for FGSI and 0.95% for OMAH.