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FTHI vs. AIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FTHI and AIT is 0.71, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

FTHI vs. AIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust BuyWrite Income ETF (FTHI) and Applied Industrial Technologies, Inc. (AIT). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%600.00%NovemberDecember2025FebruaryMarchApril
105.40%
501.95%
FTHI
AIT

Key characteristics

Sharpe Ratio

FTHI:

0.43

AIT:

0.82

Sortino Ratio

FTHI:

0.71

AIT:

1.42

Omega Ratio

FTHI:

1.12

AIT:

1.18

Calmar Ratio

FTHI:

0.43

AIT:

1.09

Martin Ratio

FTHI:

1.97

AIT:

2.99

Ulcer Index

FTHI:

3.48%

AIT:

9.67%

Daily Std Dev

FTHI:

16.13%

AIT:

35.36%

Max Drawdown

FTHI:

-32.65%

AIT:

-66.46%

Current Drawdown

FTHI:

-7.31%

AIT:

-14.80%

Returns By Period

In the year-to-date period, FTHI achieves a -4.74% return, which is significantly lower than AIT's -0.21% return. Over the past 10 years, FTHI has underperformed AIT with an annualized return of 6.70%, while AIT has yielded a comparatively higher 21.02% annualized return.


FTHI

YTD

-4.74%

1M

-2.27%

6M

-2.47%

1Y

7.41%

5Y*

11.23%

10Y*

6.70%

AIT

YTD

-0.21%

1M

2.43%

6M

3.46%

1Y

34.23%

5Y*

39.47%

10Y*

21.02%

*Annualized

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Risk-Adjusted Performance

FTHI vs. AIT — Risk-Adjusted Performance Rank

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

FTHI
The Risk-Adjusted Performance Rank of FTHI is 5454
Overall Rank
The Sharpe Ratio Rank of FTHI is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FTHI is 5151
Sortino Ratio Rank
The Omega Ratio Rank of FTHI is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FTHI is 5555
Calmar Ratio Rank
The Martin Ratio Rank of FTHI is 5858
Martin Ratio Rank

AIT
The Risk-Adjusted Performance Rank of AIT is 7979
Overall Rank
The Sharpe Ratio Rank of AIT is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of AIT is 7676
Sortino Ratio Rank
The Omega Ratio Rank of AIT is 7474
Omega Ratio Rank
The Calmar Ratio Rank of AIT is 8686
Calmar Ratio Rank
The Martin Ratio Rank of AIT is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FTHI vs. AIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) and Applied Industrial Technologies, Inc. (AIT). 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.


The chart of Sharpe ratio for FTHI, currently valued at 0.43, compared to the broader market-1.000.001.002.003.004.00
FTHI: 0.43
AIT: 0.82
The chart of Sortino ratio for FTHI, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.00
FTHI: 0.71
AIT: 1.42
The chart of Omega ratio for FTHI, currently valued at 1.12, compared to the broader market0.501.001.502.002.50
FTHI: 1.12
AIT: 1.18
The chart of Calmar ratio for FTHI, currently valued at 0.43, compared to the broader market0.002.004.006.008.0010.0012.00
FTHI: 0.43
AIT: 1.09
The chart of Martin ratio for FTHI, currently valued at 1.97, compared to the broader market0.0020.0040.0060.00
FTHI: 1.97
AIT: 2.99

The current FTHI Sharpe Ratio is 0.43, which is lower than the AIT Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of FTHI and AIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.43
0.82
FTHI
AIT

Dividends

FTHI vs. AIT - Dividend Comparison

FTHI's dividend yield for the trailing twelve months is around 9.49%, more than AIT's 0.66% yield.


TTM20242023202220212020201920182017201620152014
FTHI
First Trust BuyWrite Income ETF
9.49%8.61%8.50%9.06%4.37%4.76%4.21%4.76%4.00%4.41%4.98%3.96%
AIT
Applied Industrial Technologies, Inc.
0.66%0.62%0.81%1.08%1.29%1.64%1.86%2.22%1.70%1.89%2.67%2.19%

Drawdowns

FTHI vs. AIT - Drawdown Comparison

The maximum FTHI drawdown since its inception was -32.65%, smaller than the maximum AIT drawdown of -66.46%. Use the drawdown chart below to compare losses from any high point for FTHI and AIT. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.31%
-14.80%
FTHI
AIT

Volatility

FTHI vs. AIT - Volatility Comparison

The current volatility for First Trust BuyWrite Income ETF (FTHI) is 12.48%, while Applied Industrial Technologies, Inc. (AIT) has a volatility of 19.48%. This indicates that FTHI experiences smaller price fluctuations and is considered to be less risky than AIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
12.48%
19.48%
FTHI
AIT