FTBI vs. THRV

Last updated Jun 4, 2026

FTBI (First Trust Balanced Income ETF) and THRV (Prospera Income ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. FTBI charges 0.97%/yr vs 1.80%/yr for THRV.

Performance

FTBI vs. THRV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Balanced Income ETF (FTBI) and Prospera Income ETF (THRV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTBI achieves a 6.33% return, which is significantly higher than THRV's 1.86% return.

FTBI

• 1D: -0.37%
• 1M: 2.62%
• YTD: 6.33%
• 6M: 6.64%
• 1Y: 17.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

THRV

• 1D: -0.38%
• 1M: 0.32%
• YTD: 1.86%
• 6M: 1.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTBI vs. THRV - Yearly Performance Comparison

	2026 (YTD)	2025
FTBI First Trust Balanced Income ETF	6.33%	2.66%
THRV Prospera Income ETF	1.86%	0.16%

Correlation

The correlation between FTBI and THRV is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.66

Return for Risk

FTBI vs. THRV — Risk / Return Rank

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

FTBI

FTBI Risk / Return Rank: 77
FTBI Sharpe Ratio Rank: 78
FTBI Sortino Ratio Rank: 82
FTBI Omega Ratio Rank: 79
FTBI Calmar Ratio Rank: 69
FTBI Martin Ratio Rank: 79

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.

FTBI vs. THRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Balanced Income ETF (FTBI) and Prospera Income ETF (THRV). 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.

	FTBI	THRV	Difference
Sharpe ratio: Return per unit of total volatility	2.51	—	—
Sortino ratio: Return per unit of downside risk	3.66	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	3.37	—	—
Martin ratio: Return relative to average drawdown	15.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FTBI	THRV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.63	1.04	+1.59

Drawdowns

FTBI vs. THRV - Drawdown Comparison

The maximum FTBI drawdown since its inception was -5.34%, which is greater than THRV's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for FTBI and THRV.

Drawdown Indicators

	FTBI	THRV	Difference
Max Drawdown Largest peak-to-trough decline	-5.34%	-1.50%	-3.84%
Max Drawdown (1Y) Largest decline over 1 year	-5.34%	—	—
Current Drawdown Current decline from peak	-0.37%	-0.51%	+0.14%
Average Drawdown Average peak-to-trough decline	-0.62%	-0.44%	-0.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.17%	—	—

Volatility

Volatility by Period

	FTBI	THRV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.17%	2.92%	+4.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.14%	2.92%	+4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.14%	2.92%	+4.22%

FTBI vs. THRV - Expense Ratio Comparison

FTBI has a 0.97% expense ratio, which is lower than THRV's 1.80% expense ratio.

Dividends

FTBI vs. THRV - Dividend Comparison

FTBI's dividend yield for the trailing twelve months is around 7.89%, more than THRV's 4.71% yield.

Position	TTM	2025
FTBI First Trust Balanced Income ETF	7.89%	4.76%
THRV Prospera Income ETF	4.71%	1.67%

Frequently Asked Questions

Can I hold both FTBI and THRV in my portfolio?

FTBI and THRV have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTBI or THRV?

On fees, FTBI is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTBI or THRV?

FTBI is cheaper with a 0.97% expense ratio, compared with 1.80% for THRV.

Which ETF pays a higher dividend yield, FTBI or THRV?

FTBI has the higher dividend yield at 7.89%, compared with 4.71% for THRV.

What is the main difference between FTBI and THRV?

They also come from different issuers: First Trust and Prospera Funds. Their fees differ too: 0.97% for FTBI and 1.80% for THRV.