FTHB vs. PIFI

Last updated Jul 8, 2026

FTHB (FIS Faith Income ETF) and PIFI (ClearShares Piton Intermediate Fixed Income ETF) are both Intermediate Core Bond funds. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. FTHB charges 0.65%/yr vs 0.45%/yr for PIFI.

Performance

FTHB vs. PIFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FIS Faith Income ETF (FTHB) and ClearShares Piton Intermediate Fixed Income ETF (PIFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FTHB

• 1D: -0.36%
• 1M: 0.66%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PIFI

• 1D: -0.30%
• 1M: 0.26%
• 6M: -0.06%
• YTD: 0.05%
• 1Y: 2.95%
• 3Y*: 4.21%
• 5Y*: 1.00%
• 10Y*: —

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

FTHB vs. PIFI - Yearly Performance Comparison

	2026 (YTD)
FTHB FIS Faith Income ETF	2.09%
PIFI ClearShares Piton Intermediate Fixed Income ETF	-0.11%

Correlation

The correlation between FTHB and PIFI is 0.86, 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 Mar 19, 2026	0.86

Return for Risk

FTHB vs. PIFI — Risk / Return Rank

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

FTHB

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

PIFI

PIFI Risk / Return Rank: 34
PIFI Sharpe Ratio Rank: 36
PIFI Sortino Ratio Rank: 37
PIFI Omega Ratio Rank: 33
PIFI Calmar Ratio Rank: 34
PIFI Martin Ratio Rank: 31

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.

FTHB vs. PIFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FIS Faith Income ETF (FTHB) and ClearShares Piton Intermediate Fixed Income ETF (PIFI). 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.

	FTHB	PIFI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.14	—
Sortino ratio: Return per unit of downside risk	—	1.71	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.54	—
Martin ratio: Return relative to average drawdown	—	3.96	—

Drawdowns

FTHB vs. PIFI - Drawdown Comparison

The maximum FTHB drawdown since its inception was -1.36%, smaller than the maximum PIFI drawdown of -10.59%. Use the drawdown chart below to compare losses from any high point for FTHB and PIFI.

Drawdown Indicators

	FTHB	PIFI	Difference
Max Drawdown Largest peak-to-trough decline	-1.36%	-10.59%	+9.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-2.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.41%	—
Current Drawdown Current decline from peak	-0.36%	-1.27%	+0.91%
Average Drawdown Average peak-to-trough decline	-0.31%	-3.20%	+2.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.75%	—

Volatility

Volatility by Period

	FTHB	PIFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.25%	2.61%	+1.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.25%	3.68%	+0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.25%	3.48%	+0.77%

FTHB vs. PIFI - Expense Ratio Comparison

FTHB has a 0.65% expense ratio, which is higher than PIFI's 0.45% expense ratio.

Dividends

FTHB vs. PIFI - Dividend Comparison

FTHB's dividend yield for the trailing twelve months is around 1.01%, less than PIFI's 4.47% yield.

Position	TTM	2025	2024	2023	2022	2021
FTHB FIS Faith Income ETF	1.01%	0.00%	0.00%	0.00%	0.00%	0.00%
PIFI ClearShares Piton Intermediate Fixed Income ETF	4.47%	3.16%	2.92%	2.29%	1.22%	0.25%

Frequently Asked Questions

Can I hold both FTHB and PIFI in my portfolio?

FTHB and PIFI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTHB or PIFI?

On fees, PIFI is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTHB or PIFI?

PIFI is cheaper with a 0.45% expense ratio, compared with 0.65% for FTHB.

Which ETF pays a higher dividend yield, FTHB or PIFI?

PIFI has the higher dividend yield at 4.47%, compared with 1.01% for FTHB.

What is the main difference between FTHB and PIFI?

They also come from different issuers: Faith Investor Services and ClearShares. Their fees differ too: 0.65% for FTHB and 0.45% for PIFI.