FOTO vs. NXTG

Last updated Aug 4, 2026

FOTO (Tuttle Capital Pure Play Photonics ETF) and NXTG (First Trust IndXX NextG ETF) are both Technology Equities funds. FOTO is actively managed, while NXTG is passively managed. Their 0.78 correlation means they have sometimes moved together and sometimes differently. FOTO charges 0.75%/yr vs 0.70%/yr for NXTG.

Performance

FOTO vs. NXTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Pure Play Photonics ETF (FOTO) and First Trust IndXX NextG ETF (NXTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FOTO

• 1D: 4.81%
• 1M: -7.92%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

NXTG

• 1D: 1.31%
• 1M: -0.84%
• 6M: 29.00%
• YTD: 37.05%
• 1Y: 55.57%
• 3Y*: 29.94%
• 5Y*: 15.70%
• 10Y*: 15.74%
• ALL TIME*: 12.30%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FOTO Tuttle Capital Pure Play Photonics ETF	$6.45M	$6.59M	$20.09M
NXTG First Trust IndXX NextG ETF	$1.39M	$1.77M	$2.19M

FOTO vs. NXTG - Yearly Performance Comparison

	2026 (YTD)
FOTO Tuttle Capital Pure Play Photonics ETF	-23.30%
NXTG First Trust IndXX NextG ETF	-5.96%

Correlation

The correlation between FOTO and NXTG is 0.78, 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	0.78

FOTO vs. NXTG - Sectors Allocation Comparison

Sectors	FOTO	NXTG
Technology	98.0%	64.5%
Basic Materials	2.0%	-
Communication Services	-	22.2%
Consumer Cyclical	-	0.5%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	6.5%
Real Estate	-	6.4%
Utilities	-	-

Return for Risk

FOTO vs. NXTG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FOTO

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

NXTG

NXTG Risk / Return Rank: 88
NXTG Sharpe Ratio Rank: 92
NXTG Sortino Ratio Rank: 89
NXTG Omega Ratio Rank: 89
NXTG Calmar Ratio Rank: 87
NXTG Martin Ratio Rank: 81

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FOTO vs. NXTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Pure Play Photonics ETF (FOTO) and First Trust IndXX NextG ETF (NXTG). 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	NXTG	Difference
Sharpe ratio: Return per unit of total volatility	—	2.49	—
Sortino ratio: Return per unit of downside risk	—	3.14	—
Omega ratio: Gain probability vs. loss probability	—	1.42	—
Calmar ratio: Return relative to maximum drawdown	—	3.62	—
Martin ratio: Return relative to average drawdown	—	11.31	—

Drawdowns

FOTO vs. NXTG - Drawdown Comparison

The maximum FOTO drawdown since its inception was -41.14%, which is greater than NXTG's maximum drawdown of -33.61%. Use the drawdown chart below to compare losses from any high point for FOTO and NXTG.

Drawdown Indicators

	FOTO	NXTG	Difference
Max Drawdown Largest peak-to-trough decline	-41.14%	-33.61%	-7.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.61%	—
Current Drawdown Current decline from peak	-30.07%	-12.05%	-18.02%
Average Drawdown Average peak-to-trough decline	-19.66%	-7.93%	-11.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.93%	—

Volatility

Volatility by Period

	FOTO	NXTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	80.72%	22.45%	+58.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.72%	18.80%	+61.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.72%	19.13%	+61.59%

FOTO vs. NXTG - Expense Ratio Comparison

FOTO has a 0.75% expense ratio, which is higher than NXTG's 0.70% expense ratio.

Dividends

FOTO vs. NXTG - Dividend Comparison

FOTO has not paid dividends to shareholders, while NXTG's dividend yield for the trailing twelve months is around 1.26%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FOTO Tuttle Capital Pure Play Photonics ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NXTG First Trust IndXX NextG ETF	1.26%	1.56%	1.51%	2.15%	2.04%	1.97%	1.04%	0.77%	1.27%	1.65%	1.23%	1.11%

Frequently Asked Questions

Can I hold both FOTO and NXTG in my portfolio?

FOTO and NXTG have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FOTO or NXTG?

On fees, NXTG is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FOTO or NXTG?

NXTG is cheaper with a 0.70% expense ratio, compared with 0.75% for FOTO.

Which ETF pays a higher dividend yield, FOTO or NXTG?

NXTG has the higher dividend yield at 1.26%, compared with 0.00% for FOTO.

What is the main difference between FOTO and NXTG?

They also come from different issuers: Tuttle and First Trust. Their fees differ too: 0.75% for FOTO and 0.70% for NXTG.