FSIG vs. MINT
Compare and contrast key facts about First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and PIMCO Enhanced Short Maturity Strategy Fund (MINT).
FSIG and MINT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSIG is an actively managed fund by First Trust. It was launched on Nov 17, 2021. MINT is an actively managed fund by PIMCO. It was launched on Nov 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSIG or MINT.
Correlation
The correlation between FSIG and MINT is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FSIG vs. MINT - Performance Comparison
Key characteristics
FSIG:
2.06
MINT:
10.49
FSIG:
2.94
MINT:
20.27
FSIG:
1.41
MINT:
6.19
FSIG:
3.85
MINT:
31.96
FSIG:
10.34
MINT:
232.65
FSIG:
0.56%
MINT:
0.02%
FSIG:
2.83%
MINT:
0.49%
FSIG:
-6.88%
MINT:
-4.62%
FSIG:
-0.74%
MINT:
-0.06%
Returns By Period
In the year-to-date period, FSIG achieves a 1.16% return, which is significantly higher than MINT's 1.09% return.
FSIG
1.16%
-0.09%
1.04%
6.14%
N/A
N/A
MINT
1.09%
0.13%
2.22%
5.10%
2.93%
2.28%
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FSIG vs. MINT - Expense Ratio Comparison
FSIG has a 0.55% expense ratio, which is higher than MINT's 0.36% expense ratio.
Risk-Adjusted Performance
FSIG vs. MINT — Risk-Adjusted Performance Rank
FSIG
MINT
FSIG vs. MINT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and PIMCO Enhanced Short Maturity Strategy Fund (MINT). 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.
Dividends
FSIG vs. MINT - Dividend Comparison
FSIG's dividend yield for the trailing twelve months is around 4.61%, less than MINT's 5.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSIG First Trust Limited Duration Investment Grade Corporate ETF | 4.61% | 4.61% | 4.42% | 2.48% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MINT PIMCO Enhanced Short Maturity Strategy Fund | 5.13% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% | 0.80% |
Drawdowns
FSIG vs. MINT - Drawdown Comparison
The maximum FSIG drawdown since its inception was -6.88%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for FSIG and MINT. For additional features, visit the drawdowns tool.
Volatility
FSIG vs. MINT - Volatility Comparison
First Trust Limited Duration Investment Grade Corporate ETF (FSIG) has a higher volatility of 1.49% compared to PIMCO Enhanced Short Maturity Strategy Fund (MINT) at 0.23%. This indicates that FSIG's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.