FTHF vs. DIEM
FTHF (First Trust Emerging Markets Human Flourishing ETF) and DIEM (Franklin Emerging Market Core Dividend Tilt Index ETF) are both Emerging Markets Diversified funds - FTHF tracks the Emerging Markets Human Flourishing Index while DIEM tracks the Morningstar Emerging Markets Dividend Enhanced Select Index. Both are passively managed. Over the past year, FTHF returned 93.02% vs 48.92% for DIEM. Their correlation of 0.86 suggests significant overlap in exposure. FTHF charges 0.75%/yr vs 0.19%/yr for DIEM.
Performance
FTHF vs. DIEM - Performance Comparison
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Returns By Period
In the year-to-date period, FTHF achieves a 48.20% return, which is significantly higher than DIEM's 29.14% return.
FTHF
- 1D
- -0.52%
- 1M
- 6.01%
- YTD
- 48.20%
- 6M
- 49.81%
- 1Y
- 93.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DIEM
- 1D
- -0.55%
- 1M
- 4.22%
- YTD
- 29.14%
- 6M
- 29.82%
- 1Y
- 48.92%
- 3Y*
- 27.02%
- 5Y*
- 11.36%
- 10Y*
- 9.21%
FTHF vs. DIEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FTHF First Trust Emerging Markets Human Flourishing ETF | 48.20% | 65.30% | -8.14% | 18.14% |
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 29.14% | 30.81% | 12.29% | 11.93% |
Correlation
The correlation between FTHF and DIEM is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2023 | 0.86 |
The correlation between FTHF and DIEM has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.
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Return for Risk
FTHF vs. DIEM — Risk / Return Rank
FTHF
DIEM
FTHF vs. DIEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Emerging Markets Human Flourishing ETF (FTHF) and Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM). 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.
| FTHF | DIEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.46 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 5.73 | 3.99 | +1.75 |
| Martin ratioReturn relative to average drawdown | 15.63 | 15.36 | +0.27 |
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Drawdowns
FTHF vs. DIEM - Drawdown Comparison
The maximum FTHF drawdown since its inception was -17.36%, smaller than the maximum DIEM drawdown of -38.61%. Use the drawdown chart below to compare losses from any high point for FTHF and DIEM.
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Drawdown Indicators
| FTHF | DIEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.36% | -38.61% | +21.25% |
Max Drawdown (1Y)Largest decline over 1 year | -16.31% | -12.33% | -3.98% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.82% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.61% | — |
Current DrawdownCurrent decline from peak | -7.28% | -5.49% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -4.23% | -9.68% | +5.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.97% | 3.19% | +2.78% |
Volatility
FTHF vs. DIEM - Volatility Comparison
First Trust Emerging Markets Human Flourishing ETF (FTHF) has a higher volatility of 17.35% compared to Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) at 12.23%. This indicates that FTHF's price experiences larger fluctuations and is considered to be riskier than DIEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTHF | DIEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.35% | 12.23% | +5.12% |
Volatility (6M)Calculated over the trailing 6-month period | 28.90% | 19.23% | +9.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.07% | 20.99% | +15.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.88% | 17.58% | +9.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.88% | 17.91% | +8.97% |
FTHF vs. DIEM - Expense Ratio Comparison
FTHF has a 0.75% expense ratio, which is higher than DIEM's 0.19% expense ratio.
Dividends
FTHF vs. DIEM - Dividend Comparison
FTHF's dividend yield for the trailing twelve months is around 3.04%, more than DIEM's 1.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 1.64% | 2.99% | 4.92% | 4.45% | 6.31% | 4.06% | 2.75% | 5.98% | 3.87% | 2.61% | 0.35% |
FTHF First Trust Emerging Markets Human Flourishing ETF | 3.04% | 4.40% | 3.34% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTHF and DIEM have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTHF has higher volatility (17.35%) compared to DIEM (12.23%). In terms of maximum drawdown, FTHF dropped -17.36% vs DIEM's -38.61%.
On 1-year performance, FTHF leads with 93.02% vs 48.92% for DIEM. On fees, DIEM is cheaper at 0.19% per year. On volatility, DIEM has been the lower-risk option at 12.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FTHF has performed better with a 93.02% return vs 48.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIEM is cheaper with a 0.19% expense ratio, compared with 0.75% for FTHF.
FTHF has the higher dividend yield at 3.04%, compared with 1.64% for DIEM.
FTHF tracks Emerging Markets Human Flourishing Index, while DIEM tracks Morningstar Emerging Markets Dividend Enhanced Select Index. They also come from different issuers: First Trust and Franklin Templeton. Their fees differ too: 0.75% for FTHF and 0.19% for DIEM.
FTHF currently has the higher Sharpe Ratio (2.60 vs 2.35), 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.
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