FTGS vs. SPY
Compare and contrast key facts about First Trust Growth Strength ETF (FTGS) and SPDR S&P 500 ETF (SPY).
FTGS and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTGS is a passively managed fund by First Trust that tracks the performance of the The Growth Strength Index - Benchmark TR Gross. It was launched on Oct 25, 2022. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both FTGS and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTGS or SPY.
Key characteristics
| FTGS | SPY | |
|---|---|---|
| YTD Return | 12.98% | 18.86% |
| 1Y Return | 27.85% | 28.13% |
| Sharpe Ratio | 1.84 | 2.21 |
| Daily Std Dev | 15.07% | 12.60% |
| Max Drawdown | -9.50% | -55.19% |
| Current Drawdown | -3.33% | -0.61% |
Correlation
The correlation between FTGS and SPY is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FTGS vs. SPY - Performance Comparison
In the year-to-date period, FTGS achieves a 12.98% return, which is significantly lower than SPY's 18.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTGS vs. SPY - Expense Ratio Comparison
FTGS has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FTGS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Growth Strength ETF (FTGS) and SPDR S&P 500 ETF (SPY). 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
FTGS vs. SPY - Dividend Comparison
FTGS's dividend yield for the trailing twelve months is around 0.35%, less than SPY's 0.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTGS First Trust Growth Strength ETF | 0.35% | 0.62% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FTGS vs. SPY - Drawdown Comparison
The maximum FTGS drawdown since its inception was -9.50%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FTGS and SPY. For additional features, visit the drawdowns tool.
Volatility
FTGS vs. SPY - Volatility Comparison
First Trust Growth Strength ETF (FTGS) has a higher volatility of 4.55% compared to SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that FTGS's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.