FPX vs. HYP

Last updated Jun 21, 2026

FPX (First Trust US Equity Opportunities ETF) and HYP (Golden Eagle Dynamic Hypergrowth ETF) are both Large Cap Growth Equities funds. FPX is passively managed, while HYP is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. FPX charges 0.57%/yr vs 0.85%/yr for HYP.

Performance

FPX vs. HYP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust US Equity Opportunities ETF (FPX) and Golden Eagle Dynamic Hypergrowth ETF (HYP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FPX achieves a 22.57% return, which is significantly lower than HYP's 33.57% return.

FPX

• 1D: 2.06%
• 1M: 6.40%
• YTD: 22.57%
• 6M: 19.18%
• 1Y: 45.11%
• 3Y*: 31.84%
• 5Y*: 10.64%
• 10Y*: 15.35%

HYP

• 1D: 3.85%
• 1M: 3.88%
• YTD: 33.57%
• 6M: 30.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FPX vs. HYP - Yearly Performance Comparison

	2026 (YTD)	2025
FPX First Trust US Equity Opportunities ETF	22.57%	-1.12%
HYP Golden Eagle Dynamic Hypergrowth ETF	33.57%	-6.61%

Correlation

The correlation between FPX and HYP is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 23, 2025	0.84

Return for Risk

FPX vs. HYP — Risk / Return Rank

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

FPX

FPX Risk / Return Rank: 60
FPX Sharpe Ratio Rank: 57
FPX Sortino Ratio Rank: 50
FPX Omega Ratio Rank: 50
FPX Calmar Ratio Rank: 75
FPX Martin Ratio Rank: 66

HYP

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

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.

FPX vs. HYP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust US Equity Opportunities ETF (FPX) and Golden Eagle Dynamic Hypergrowth ETF (HYP). 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.

	FPX	HYP	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.39	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	3.62	—	—
Martin ratio: Return relative to average drawdown	11.52	—	—

Drawdowns

FPX vs. HYP - Drawdown Comparison

The maximum FPX drawdown since its inception was -56.29%, which is greater than HYP's maximum drawdown of -19.58%. Use the drawdown chart below to compare losses from any high point for FPX and HYP.

Drawdown Indicators

	FPX	HYP	Difference
Max Drawdown Largest peak-to-trough decline	-56.29%	-19.58%	-36.71%
Max Drawdown (1Y) Largest decline over 1 year	-12.28%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-30.88%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.14%	—	—
Current Drawdown Current decline from peak	0.00%	-0.61%	+0.61%
Average Drawdown Average peak-to-trough decline	-11.32%	-6.47%	-4.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.85%	—	—

Volatility

Volatility by Period

	FPX	HYP	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.11%	43.01%	-18.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.69%	43.01%	-16.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.39%	43.01%	-18.62%

FPX vs. HYP - Expense Ratio Comparison

FPX has a 0.57% expense ratio, which is lower than HYP's 0.85% expense ratio.

Dividends

FPX vs. HYP - Dividend Comparison

FPX's dividend yield for the trailing twelve months is around 0.47%, more than HYP's 0.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FPX First Trust US Equity Opportunities ETF	0.47%	0.53%	0.09%	0.27%	1.08%	0.14%	0.28%	0.67%	0.88%	0.68%	0.77%	0.62%
HYP Golden Eagle Dynamic Hypergrowth ETF	0.10%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FPX and HYP in my portfolio?

FPX and HYP have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FPX or HYP?

On fees, FPX is cheaper at 0.57% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FPX or HYP?

FPX is cheaper with a 0.57% expense ratio, compared with 0.85% for HYP.

Which ETF pays a higher dividend yield, FPX or HYP?

FPX has the higher dividend yield at 0.47%, compared with 0.10% for HYP.

What is the main difference between FPX and HYP?

They also come from different issuers: First Trust and Golden Eagle. Their fees differ too: 0.57% for FPX and 0.85% for HYP.