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FHG.TO vs. FST.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FHG.TO vs. FST.TO

Last updated Jul 16, 2026
Documentation

FHG.TO (First Trust AlphaDEX U.S. Industrials Sector Index ETF) and FST.TO (First Trust Canadian Capital Strength ETF) are both exchange-traded funds - FHG.TO is a Industrials Equities fund tracking the StrataQuant Industrials Index, while FST.TO is a Canada Equities fund actively managed by First Trust. FHG.TO is passively managed, while FST.TO is actively managed. Over the past 5 years, FHG.TO returned 11.58%/yr vs 16.91%/yr for FST.TO. At a 0.30 correlation, their price movements are largely independent.

Performance

FHG.TO vs. FST.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in First Trust AlphaDEX U.S. Industrials Sector Index ETF (FHG.TO) and First Trust Canadian Capital Strength ETF (FST.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FHG.TO achieves a 13.37% return, which is significantly higher than FST.TO's 9.32% return.

FHG.TO

1D
0.89%
1M
-0.52%
6M
4.59%
YTD
13.37%
1Y
19.43%
3Y*
16.34%
5Y*
11.58%
10Y*
13.82%

FST.TO

1D
0.37%
1M
-0.03%
6M
5.45%
YTD
9.32%
1Y
26.44%
3Y*
23.27%
5Y*
16.91%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FHG.TO vs. FST.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FHG.TO
First Trust AlphaDEX U.S. Industrials Sector Index ETF		13.37%2.40%26.33%23.13%-11.70%27.10%7.70%29.30%-11.05%15.22%
FST.TO
First Trust Canadian Capital Strength ETF		9.32%29.77%26.23%12.01%2.26%19.40%2.56%16.10%-8.27%14.81%

Correlation

The correlation between FHG.TO and FST.TO is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.45

Correlation (3Y)
Calculated over the trailing 3-year period

0.42

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (All Time)
Calculated using the full available price history since Nov 24, 2016

0.30

The correlation between FHG.TO and FST.TO shifts across timeframes, from 0.30 (all time) to 0.45 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Trust AlphaDEX U.S. Industrials Sector Index ETF

First Trust Canadian Capital Strength ETF

Often compared with FST.TO:
FST.TO vs. BLCK.TOFST.TO vs. CLSA.TOFST.TO vs. HXH.TOFST.TO vs. DMEC.TOFST.TO vs. TLV.TOFST.TO vs. ZDV.TOFST.TO vs. CDZ.TO

Return for Risk

FHG.TO vs. FST.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FHG.TO
FHG.TO Risk / Return Rank: 3535
Overall Rank
FHG.TO Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
FHG.TO Sortino Ratio Rank: 3838
Sortino Ratio Rank
FHG.TO Omega Ratio Rank: 3434
Omega Ratio Rank
FHG.TO Calmar Ratio Rank: 3535
Calmar Ratio Rank
FHG.TO Martin Ratio Rank: 3737
Martin Ratio Rank
FST.TO
FST.TO Risk / Return Rank: 8484
Overall Rank
FST.TO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FST.TO Sortino Ratio Rank: 8383
Sortino Ratio Rank
FST.TO Omega Ratio Rank: 8181
Omega Ratio Rank
FST.TO Calmar Ratio Rank: 8585
Calmar Ratio Rank
FST.TO Martin Ratio Rank: 8989
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.

FHG.TO vs. FST.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust AlphaDEX U.S. Industrials Sector Index ETF (FHG.TO) and First Trust Canadian Capital Strength ETF (FST.TO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FHG.TOFST.TODifference
Sharpe ratioReturn per unit of total volatility
1.01
2.08

-1.06

Sortino ratioReturn per unit of downside risk
1.69
2.97

-1.28

Omega ratioGain probability vs. loss probability

1.20

1.38

-0.18

Calmar ratioReturn relative to maximum drawdown

1.50

3.79

-2.29

Martin ratioReturn relative to average drawdown

4.69

15.77

-11.08

FHG.TO vs. FST.TO - Sharpe Ratio Comparison

The current FHG.TO Sharpe Ratio is 1.01, which is lower than the FST.TO Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of FHG.TO and FST.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FHG.TO vs. FST.TO - Drawdown Comparison

The maximum FHG.TO drawdown since its inception was -38.86%, roughly equal to the maximum FST.TO drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for FHG.TO and FST.TO.

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Drawdown Indicators

FHG.TOFST.TODifference

Max Drawdown

Largest peak-to-trough decline

-38.86%

-38.15%

-0.71%

Max Drawdown (1Y)

Largest decline over 1 year

-13.01%

-7.01%

-6.00%

Max Drawdown (3Y)

Largest decline over 3 years

-25.15%

-12.33%

-12.82%

Max Drawdown (5Y)

Largest decline over 5 years

-25.15%

-14.73%

-10.42%

Max Drawdown (10Y)

Largest decline over 10 years

-38.86%

—

—

Current Drawdown

Current decline from peak

-3.09%

-0.47%

-2.62%

Average Drawdown

Average peak-to-trough decline

-6.06%

-3.25%

-2.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.16%

1.68%

+2.48%

Volatility

FHG.TO vs. FST.TO - Volatility Comparison

First Trust AlphaDEX U.S. Industrials Sector Index ETF (FHG.TO) has a higher volatility of 5.00% compared to First Trust Canadian Capital Strength ETF (FST.TO) at 2.57%. This indicates that FHG.TO's price experiences larger fluctuations and is considered to be riskier than FST.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FHG.TOFST.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.00%

2.57%

+2.43%

Volatility (6M)

Calculated over the trailing 6-month period

14.93%

10.09%

+4.84%

Volatility (1Y)

Calculated over the trailing 1-year period

19.24%

12.81%

+6.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.90%

14.14%

+4.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.79%

15.28%

+4.51%

Dividends

FHG.TO vs. FST.TO - Dividend Comparison

FHG.TO's dividend yield for the trailing twelve months is around 0.57%, less than FST.TO's 0.92% yield.

PositionTTM20252024202320222021202020192018201720162015
FHG.TO
First Trust AlphaDEX U.S. Industrials Sector Index ETF		0.57%0.40%1.09%0.77%1.33%0.34%1.11%0.57%1.36%0.54%0.24%0.58%
FST.TO
First Trust Canadian Capital Strength ETF		0.92%1.01%1.16%1.63%2.03%1.87%1.85%1.91%1.12%0.67%0.00%0.00%

Frequently Asked Questions

FHG.TO and FST.TO have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FHG.TO is categorized as Industrials Equities, while FST.TO is Canada Equities.

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