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FTHI vs. AIT
Performance
Return for Risk
Dividends
Drawdowns
Volatility

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.

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FTHI vs. AIT - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FTHI
First Trust BuyWrite Income ETF
-0.61%11.03%19.02%20.72%-4.37%13.95%-7.13%18.16%-9.72%14.41%
AIT
Applied Industrial Technologies, Inc.
3.52%8.01%39.67%38.35%24.25%33.57%19.37%26.35%-19.41%16.89%

Returns By Period

In the year-to-date period, FTHI achieves a -0.61% return, which is significantly lower than AIT's 3.52% return. Over the past 10 years, FTHI has underperformed AIT with an annualized return of 7.99%, while AIT has yielded a comparatively higher 21.44% annualized return.


FTHI

1D
2.23%
1M
-2.30%
YTD
-0.61%
6M
1.27%
1Y
14.85%
3Y*
14.15%
5Y*
10.18%
10Y*
7.99%

AIT

1D
2.83%
1M
-6.11%
YTD
3.52%
6M
2.01%
1Y
18.61%
3Y*
24.10%
5Y*
24.48%
10Y*
21.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

FTHI vs. AIT — Risk / Return Rank

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

FTHI
FTHI Risk / Return Rank: 6565
Overall Rank
FTHI Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
FTHI Sortino Ratio Rank: 6262
Sortino Ratio Rank
FTHI Omega Ratio Rank: 7070
Omega Ratio Rank
FTHI Calmar Ratio Rank: 5959
Calmar Ratio Rank
FTHI Martin Ratio Rank: 7777
Martin Ratio Rank

AIT
AIT Risk / Return Rank: 6363
Overall Rank
AIT Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
AIT Sortino Ratio Rank: 5757
Sortino Ratio Rank
AIT Omega Ratio Rank: 5656
Omega Ratio Rank
AIT Calmar Ratio Rank: 7171
Calmar Ratio Rank
AIT Martin Ratio Rank: 6969
Martin Ratio Rank
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.

FTHI vs. AIT - Risk-Adjusted Trends 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.


FTHIAITDifference

Sharpe ratio

Return per unit of total volatility

1.00

0.57

+0.43

Sortino ratio

Return per unit of downside risk

1.51

1.02

+0.49

Omega ratio

Gain probability vs. loss probability

1.25

1.13

+0.12

Calmar ratio

Return relative to maximum drawdown

1.40

1.44

-0.04

Martin ratio

Return relative to average drawdown

7.84

3.06

+4.78

FTHI vs. AIT - Sharpe Ratio Comparison

The current FTHI Sharpe Ratio is 1.00, which is higher than the AIT Sharpe Ratio of 0.57. 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.


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Sharpe Ratios by Period


FTHIAITDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

0.57

+0.43

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

0.80

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.65

-0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.42

+0.08

Correlation

The correlation between FTHI and AIT is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FTHI vs. AIT - Dividend Comparison

FTHI's dividend yield for the trailing twelve months is around 8.99%, more than AIT's 0.71% yield.


TTM20252024202320222021202020192018201720162015
FTHI
First Trust BuyWrite Income ETF
8.99%8.70%8.61%8.50%9.06%4.37%4.76%4.21%4.76%4.00%4.41%4.98%
AIT
Applied Industrial Technologies, Inc.
0.71%0.72%0.62%0.81%1.08%1.29%1.64%1.86%2.22%1.70%1.89%2.67%

Drawdowns

FTHI vs. AIT - Drawdown Comparison

The maximum FTHI drawdown since its inception was -32.65%, smaller than the maximum AIT drawdown of -66.47%. Use the drawdown chart below to compare losses from any high point for FTHI and AIT.


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Drawdown Indicators


FTHIAITDifference

Max Drawdown

Largest peak-to-trough decline

-32.65%

-66.47%

+33.82%

Max Drawdown (1Y)

Largest decline over 1 year

-10.92%

-12.86%

+1.94%

Max Drawdown (5Y)

Largest decline over 5 years

-16.70%

-26.42%

+9.72%

Max Drawdown (10Y)

Largest decline over 10 years

-32.65%

-59.29%

+26.64%

Current Drawdown

Current decline from peak

-3.36%

-8.89%

+5.53%

Average Drawdown

Average peak-to-trough decline

-3.73%

-18.12%

+14.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.95%

6.05%

-4.10%

Volatility

FTHI vs. AIT - Volatility Comparison

The current volatility for First Trust BuyWrite Income ETF (FTHI) is 4.36%, while Applied Industrial Technologies, Inc. (AIT) has a volatility of 8.46%. 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.


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Volatility by Period


FTHIAITDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.36%

8.46%

-4.10%

Volatility (6M)

Calculated over the trailing 6-month period

7.60%

19.24%

-11.64%

Volatility (1Y)

Calculated over the trailing 1-year period

14.99%

33.05%

-18.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.54%

30.65%

-17.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.38%

33.21%

-18.83%