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FTHI vs. FDND
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FTHI vs. FDND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust BuyWrite Income ETF (FTHI) and FT Vest Dow Jones Internet & Target Income ETF (FDND). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FTHI achieves a 4.79% return, which is significantly higher than FDND's 2.42% return.


FTHI

1D
-0.17%
1M
1.75%
YTD
4.79%
6M
5.22%
1Y
16.43%
3Y*
14.50%
5Y*
10.17%
10Y*
8.54%

FDND

1D
-1.99%
1M
3.57%
YTD
2.42%
6M
1.71%
1Y
7.37%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

FTHI vs. FDND - Yearly Performance Comparison


2026 (YTD)20252024
FTHI
First Trust BuyWrite Income ETF
4.79%11.03%10.79%
FDND
FT Vest Dow Jones Internet & Target Income ETF
2.42%9.69%15.85%

Correlation

The correlation between FTHI and FDND is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.61

Correlation (All Time)
Calculated using the full available price history since Mar 22, 2024

0.70

The correlation between FTHI and FDND has been stable across timeframes, ranging from 0.61 to 0.70 - a consistent structural relationship.

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Return for Risk

FTHI vs. FDND — Risk / Return Rank

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

FTHI
FTHI Risk / Return Rank: 5959
Overall Rank
FTHI Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
FTHI Sortino Ratio Rank: 5656
Sortino Ratio Rank
FTHI Omega Ratio Rank: 5757
Omega Ratio Rank
FTHI Calmar Ratio Rank: 6060
Calmar Ratio Rank
FTHI Martin Ratio Rank: 7070
Martin Ratio Rank

FDND
FDND Risk / Return Rank: 1414
Overall Rank
FDND Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
FDND Sortino Ratio Rank: 1414
Sortino Ratio Rank
FDND Omega Ratio Rank: 1414
Omega Ratio Rank
FDND Calmar Ratio Rank: 1313
Calmar Ratio Rank
FDND Martin Ratio Rank: 1313
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. FDND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) and FT Vest Dow Jones Internet & Target Income ETF (FDND). 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.


FTHIFDNDDifference
Sharpe ratioReturn per unit of total volatility

+1.47

Sortino ratioReturn per unit of downside risk

+2.05

Omega ratioGain probability vs. loss probability

1.36

1.08

+0.28

Calmar ratioReturn relative to maximum drawdown

3.02

0.36

+2.66

Martin ratioReturn relative to average drawdown

13.19

0.88

+12.31

FTHI vs. FDND - Sharpe Ratio Comparison

The current FTHI Sharpe Ratio is 1.87, which is higher than the FDND Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of FTHI and FDND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


FTHIFDNDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.87

0.40

+1.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.60

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.60

-0.07

Drawdowns

FTHI vs. FDND - Drawdown Comparison

The maximum FTHI drawdown since its inception was -32.65%, which is greater than FDND's maximum drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for FTHI and FDND.


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Drawdown Indicators


FTHIFDNDDifference

Max Drawdown

Largest peak-to-trough decline

-32.65%

-24.12%

-8.53%

Max Drawdown (1Y)

Largest decline over 1 year

-5.47%

-20.49%

+15.02%

Max Drawdown (3Y)

Largest decline over 3 years

-15.92%

Max Drawdown (5Y)

Largest decline over 5 years

-16.70%

Max Drawdown (10Y)

Largest decline over 10 years

-32.65%

Current Drawdown

Current decline from peak

-0.17%

-4.24%

+4.07%

Average Drawdown

Average peak-to-trough decline

-3.68%

-5.67%

+1.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.25%

8.39%

-7.14%

Volatility

FTHI vs. FDND - Volatility Comparison

The current volatility for First Trust BuyWrite Income ETF (FTHI) is 1.67%, while FT Vest Dow Jones Internet & Target Income ETF (FDND) has a volatility of 5.29%. This indicates that FTHI experiences smaller price fluctuations and is considered to be less risky than FDND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FTHIFDNDDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.67%

5.29%

-3.62%

Volatility (6M)

Calculated over the trailing 6-month period

7.05%

14.07%

-7.02%

Volatility (1Y)

Calculated over the trailing 1-year period

8.81%

18.28%

-9.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.44%

21.40%

-7.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.33%

21.40%

-7.07%

FTHI vs. FDND - Expense Ratio Comparison

FTHI has a 0.85% expense ratio, which is higher than FDND's 0.75% expense ratio.


Dividends

FTHI vs. FDND - Dividend Comparison

FTHI's dividend yield for the trailing twelve months is around 8.73%, more than FDND's 7.98% yield.


PositionTTM20252024202320222021202020192018201720162015
FDND
FT Vest Dow Jones Internet & Target Income ETF
7.98%8.11%5.51%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FTHI
First Trust BuyWrite Income ETF
8.73%8.70%8.61%8.50%9.06%4.37%4.76%4.21%4.76%4.00%4.41%4.98%

Frequently Asked Questions


FTHI and FDND have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FDND has higher volatility (5.29%) compared to FTHI (1.67%). In terms of maximum drawdown, FTHI dropped -32.65% vs FDND's -24.12%.

On 1-year performance, FTHI leads with 16.43% vs 7.37% for FDND. On fees, FDND is cheaper at 0.75% per year. On volatility, FTHI has been the lower-risk option at 1.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, FTHI has performed better with a 16.43% return vs 7.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FDND is cheaper with a 0.75% expense ratio, compared with 0.85% for FTHI.

FTHI has the higher dividend yield at 8.73%, compared with 7.98% for FDND.

FTHI is categorized as Derivative Income, while FDND is Technology Equities. They also come from different issuers: First Trust and FT Vest. Their fees differ too: 0.85% for FTHI and 0.75% for FDND.

FTHI currently has the higher Sharpe Ratio (1.87 vs 0.40), 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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