FTHI vs. FTCS
Compare and contrast key facts about First Trust BuyWrite Income ETF (FTHI) and First Trust Capital Strength ETF (FTCS).
FTHI and FTCS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014. FTCS is a passively managed fund by First Trust that tracks the performance of the The NASDAQ Capital Strength Index. It was launched on Jul 6, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTHI or FTCS.
Key characteristics
| FTHI | FTCS | |
|---|---|---|
| YTD Return | 20.07% | 16.78% |
| 1Y Return | 26.61% | 26.35% |
| 3Y Return (Ann) | 10.70% | 5.98% |
| 5Y Return (Ann) | 8.38% | 11.17% |
| 10Y Return (Ann) | 7.92% | 11.06% |
| Sharpe Ratio | 3.16 | 2.85 |
| Sortino Ratio | 4.27 | 4.01 |
| Omega Ratio | 1.69 | 1.53 |
| Calmar Ratio | 4.50 | 2.51 |
| Martin Ratio | 25.80 | 15.36 |
| Ulcer Index | 1.01% | 1.66% |
| Daily Std Dev | 8.25% | 8.95% |
| Max Drawdown | -32.65% | -53.64% |
| Current Drawdown | 0.00% | -0.09% |
Correlation
The correlation between FTHI and FTCS is 0.62, 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.
Performance
FTHI vs. FTCS - Performance Comparison
In the year-to-date period, FTHI achieves a 20.07% return, which is significantly higher than FTCS's 16.78% return. Over the past 10 years, FTHI has underperformed FTCS with an annualized return of 7.92%, while FTCS has yielded a comparatively higher 11.06% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FTHI vs. FTCS - Expense Ratio Comparison
FTHI has a 0.85% expense ratio, which is higher than FTCS's 0.56% expense ratio.
Risk-Adjusted Performance
FTHI vs. FTCS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) and First Trust Capital Strength ETF (FTCS). 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.
Dividends
FTHI vs. FTCS - Dividend Comparison
FTHI's dividend yield for the trailing twelve months is around 8.25%, more than FTCS's 1.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTHI First Trust BuyWrite Income ETF | 8.25% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.02% | 4.43% | 4.98% | 3.96% | 0.00% |
FTCS First Trust Capital Strength ETF | 1.29% | 1.47% | 1.23% | 1.05% | 0.93% | 1.26% | 1.26% | 1.15% | 1.43% | 1.50% | 2.01% | 1.34% |
Drawdowns
FTHI vs. FTCS - Drawdown Comparison
The maximum FTHI drawdown since its inception was -32.65%, smaller than the maximum FTCS drawdown of -53.64%. Use the drawdown chart below to compare losses from any high point for FTHI and FTCS. For additional features, visit the drawdowns tool.
Volatility
FTHI vs. FTCS - Volatility Comparison
The current volatility for First Trust BuyWrite Income ETF (FTHI) is 2.74%, while First Trust Capital Strength ETF (FTCS) has a volatility of 3.17%. This indicates that FTHI experiences smaller price fluctuations and is considered to be less risky than FTCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.