FTCE vs. FTIF

Last updated Jun 24, 2026

FTCE (First Trust New Constructs Core Earnings Leaders ETF) and FTIF (First Trust Bloomberg Inflation Sensitive Equity ETF) are both Large Cap Blend Equities funds from First Trust - FTCE tracks the Bloomberg New Constructs Core Earnings Leaders Index while FTIF tracks the Bloomberg Inflation Sensitive Equity Index - Benchmark TR Gross. Both are passively managed. Over the past year, FTCE returned 26.64% vs 29.74% for FTIF. A 0.60 correlation means they provide meaningful diversification when combined. Both charge a 0.60% expense ratio.

Performance

FTCE vs. FTIF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust New Constructs Core Earnings Leaders ETF (FTCE) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTCE achieves a 8.46% return, which is significantly lower than FTIF's 20.97% return.

FTCE

• 1D: -0.72%
• 1M: -0.98%
• YTD: 8.46%
• 6M: 7.63%
• 1Y: 26.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTIF

• 1D: -0.96%
• 1M: -2.83%
• YTD: 20.97%
• 6M: 19.74%
• 1Y: 29.74%
• 3Y*: 14.08%
• 5Y*: —
• 10Y*: —

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

FTCE vs. FTIF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FTCE First Trust New Constructs Core Earnings Leaders ETF	8.46%	26.14%	-0.02%
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	20.97%	7.79%	-6.68%

Correlation

The correlation between FTCE and FTIF is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024	0.60

The correlation between FTCE and FTIF shifts across timeframes, from 0.49 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

FTCE vs. FTIF - Sectors Allocation Comparison

Sectors	FTCE	FTIF
Technology	38.9%	2.0%
Consumer Cyclical	11.9%	4.0%
Financial Services	10.6%	-
Healthcare	8.7%	-
Industrials	8.3%	18.0%
Communication Services	8.0%	-
Consumer Defensive	4.2%	-
Energy	3.5%	38.0%
Utilities	2.0%	-
Basic Materials	2.0%	22.0%
Real Estate	2.0%	14.0%

Return for Risk

FTCE vs. FTIF — Risk / Return Rank

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

FTCE

FTCE Risk / Return Rank: 62
FTCE Sharpe Ratio Rank: 66
FTCE Sortino Ratio Rank: 64
FTCE Omega Ratio Rank: 63
FTCE Calmar Ratio Rank: 59
FTCE Martin Ratio Rank: 58

FTIF

FTIF Risk / Return Rank: 72
FTIF Sharpe Ratio Rank: 64
FTIF Sortino Ratio Rank: 63
FTIF Omega Ratio Rank: 58
FTIF Calmar Ratio Rank: 91
FTIF Martin Ratio Rank: 82

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.

FTCE vs. FTIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust New Constructs Core Earnings Leaders ETF (FTCE) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). 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.

	FTCE	FTIF	Difference
Sharpe ratio: Return per unit of total volatility	1.95	1.94	+0.01
Sortino ratio: Return per unit of downside risk	2.66	2.70	-0.04
Omega ratio: Gain probability vs. loss probability	1.35	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	2.63	5.47	-2.84
Martin ratio: Return relative to average drawdown	9.43	15.23	-5.80

FTCE vs. FTIF - Sharpe Ratio Comparison

The current FTCE Sharpe Ratio is 1.95, which is comparable to the FTIF Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of FTCE and FTIF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTCE vs. FTIF - Drawdown Comparison

The maximum FTCE drawdown since its inception was -18.11%, smaller than the maximum FTIF drawdown of -27.83%. Use the drawdown chart below to compare losses from any high point for FTCE and FTIF.

Drawdown Indicators

	FTCE	FTIF	Difference
Max Drawdown Largest peak-to-trough decline	-18.11%	-27.83%	+9.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.16%	-5.46%	-4.70%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.83%	—
Current Drawdown Current decline from peak	-5.44%	-4.32%	-1.12%
Average Drawdown Average peak-to-trough decline	-2.55%	-5.95%	+3.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	1.96%	+0.87%

Volatility

FTCE vs. FTIF - Volatility Comparison

First Trust New Constructs Core Earnings Leaders ETF (FTCE) has a higher volatility of 5.77% compared to First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) at 4.57%. This indicates that FTCE's price experiences larger fluctuations and is considered to be riskier than FTIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTCE	FTIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.77%	4.57%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	11.06%	10.75%	+0.31%
Volatility (1Y) Calculated over the trailing 1-year period	13.76%	15.38%	-1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.88%	18.92%	-2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	18.92%	-2.04%

FTCE vs. FTIF - Expense Ratio Comparison

Both FTCE and FTIF have an expense ratio of 0.60%.

Dividends

FTCE vs. FTIF - Dividend Comparison

FTCE's dividend yield for the trailing twelve months is around 0.83%, less than FTIF's 1.15% yield.

Position	TTM	2025	2024	2023
FTCE First Trust New Constructs Core Earnings Leaders ETF	0.83%	0.96%	0.28%	0.00%
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	1.15%	1.45%	2.88%	1.55%

Frequently Asked Questions

Can I hold both FTCE and FTIF in my portfolio?

FTCE and FTIF have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTCE or FTIF?

FTCE has higher volatility (5.77%) compared to FTIF (4.57%). In terms of maximum drawdown, FTCE dropped -18.11% vs FTIF's -27.83%.

Which ETF is better, FTCE or FTIF?

On 1-year performance, FTIF leads with 29.74% vs 26.64% for FTCE. Both ETFs have the same 0.60% expense ratio. On volatility, FTIF has been the lower-risk option at 4.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTCE or FTIF?

Over the 1-year period, FTIF has performed better with a 29.74% return vs 26.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTCE or FTIF?

FTCE and FTIF have the same expense ratio: 0.60% per year.

Which ETF pays a higher dividend yield, FTCE or FTIF?

FTIF has the higher dividend yield at 1.15%, compared with 0.83% for FTCE.

What is the main difference between FTCE and FTIF?

FTCE tracks Bloomberg New Constructs Core Earnings Leaders Index, while FTIF tracks Bloomberg Inflation Sensitive Equity Index - Benchmark TR Gross.

Which has better risk-adjusted returns?

FTCE currently has the higher Sharpe Ratio (1.95 vs 1.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.