FOTO vs. NSI
FOTO (Tuttle Capital Pure Play Photonics ETF) and NSI (National Security Emerging Markets Index ETF) are both exchange-traded funds - FOTO is a Technology Equities fund actively managed by Tuttle, while NSI is a Emerging Markets Equities fund tracking the Alerian National Security Emerging Markets Index. FOTO is actively managed, while NSI is passively managed. Their 0.76 correlation means they have sometimes moved together and sometimes differently. FOTO charges 0.75%/yr vs 1.00%/yr for NSI.
Performance
FOTO vs. NSI - Performance Comparison
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Returns By Period
FOTO
- 1D
- 4.81%
- 1M
- -7.92%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NSI
- 1D
- 0.71%
- 1M
- 0.76%
- 6M
- 4.35%
- YTD
- 12.80%
- 1Y
- 30.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.45M | $6.59M | $20.09M | |
| $95.71K | $65.80K | $59.17K |
FOTO vs. NSI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FOTO Tuttle Capital Pure Play Photonics ETF | -23.30% |
NSI National Security Emerging Markets Index ETF | -2.17% |
Correlation
The correlation between FOTO and NSI is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 29, 2026 | 0.76 |
FOTO vs. NSI - Sectors Allocation Comparison
Sectors
FOTO
NSI
Technology
Basic Materials
Communication Services
-
Consumer Cyclical
-
Consumer Defensive
-
Energy
-
Financial Services
-
Healthcare
-
Industrials
-
Real Estate
-
Utilities
-
Technology
FOTO
NSI
Basic Materials
FOTO
NSI
Communication Services
FOTO
-
NSI
Consumer Cyclical
FOTO
-
NSI
Consumer Defensive
FOTO
-
NSI
Energy
FOTO
-
NSI
Financial Services
FOTO
-
NSI
Healthcare
FOTO
-
NSI
Industrials
FOTO
-
NSI
Real Estate
FOTO
-
NSI
Utilities
FOTO
-
NSI
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Return for Risk
FOTO vs. NSI — Risk / Return Rank
FOTO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NSI
FOTO vs. NSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Pure Play Photonics ETF (FOTO) and National Security Emerging Markets Index ETF (NSI). 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.
| FOTO | NSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.26 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.21 | — |
| Martin ratioReturn relative to average drawdown | — | 7.00 | — |
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Drawdowns
FOTO vs. NSI - Drawdown Comparison
The maximum FOTO drawdown since its inception was -41.14%, which is greater than NSI's maximum drawdown of -18.77%. Use the drawdown chart below to compare losses from any high point for FOTO and NSI.
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Drawdown Indicators
| FOTO | NSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.14% | -18.77% | -22.37% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.66% | — |
Current DrawdownCurrent decline from peak | -30.07% | -5.48% | -24.59% |
Average DrawdownAverage peak-to-trough decline | -19.66% | -3.75% | -15.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.30% | — |
Volatility
FOTO vs. NSI - Volatility Comparison
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Volatility by Period
| FOTO | NSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.61% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.56% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 80.72% | 21.37% | +59.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.72% | 19.05% | +61.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.72% | 19.05% | +61.67% |
FOTO vs. NSI - Expense Ratio Comparison
FOTO has a 0.75% expense ratio, which is lower than NSI's 1.00% expense ratio.
Dividends
FOTO vs. NSI - Dividend Comparison
FOTO has not paid dividends to shareholders, while NSI's dividend yield for the trailing twelve months is around 1.22%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
FOTO Tuttle Capital Pure Play Photonics ETF | 0.00% | 0.00% | 0.00% | 0.00% |
NSI National Security Emerging Markets Index ETF | 1.22% | 1.69% | 3.39% | 0.34% |
Frequently Asked Questions
FOTO and NSI have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FOTO is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FOTO is cheaper with a 0.75% expense ratio, compared with 1.00% for NSI.
NSI has the higher dividend yield at 1.22%, compared with 0.00% for FOTO.
FOTO is categorized as Technology Equities, while NSI is Emerging Markets Equities. Their fees differ too: 0.75% for FOTO and 1.00% for NSI.
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