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FTHI vs. FTQI
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FTHI vs. FTQI - Performance Comparison

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

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FTHI vs. FTQI - 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%
FTQI
First Trust Nasdaq BuyWrite Income ETF
-1.37%12.68%18.30%23.63%-8.77%10.46%-6.54%13.98%-9.78%12.47%

Returns By Period

In the year-to-date period, FTHI achieves a -0.61% return, which is significantly higher than FTQI's -1.37% return. Over the past 10 years, FTHI has outperformed FTQI with an annualized return of 7.99%, while FTQI has yielded a comparatively lower 6.85% 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%

FTQI

1D
3.05%
1M
-1.40%
YTD
-1.37%
6M
2.69%
1Y
19.08%
3Y*
13.75%
5Y*
9.36%
10Y*
6.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FTHI vs. FTQI - Expense Ratio Comparison

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


Return for Risk

FTHI vs. FTQI — 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

FTQI
FTQI Risk / Return Rank: 7373
Overall Rank
FTQI Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FTQI Sortino Ratio Rank: 6969
Sortino Ratio Rank
FTQI Omega Ratio Rank: 7777
Omega Ratio Rank
FTQI Calmar Ratio Rank: 6767
Calmar Ratio Rank
FTQI Martin Ratio Rank: 8585
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. FTQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) and First Trust Nasdaq BuyWrite Income ETF (FTQI). 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.


FTHIFTQIDifference

Sharpe ratio

Return per unit of total volatility

1.00

1.12

-0.12

Sortino ratio

Return per unit of downside risk

1.51

1.70

-0.19

Omega ratio

Gain probability vs. loss probability

1.25

1.28

-0.03

Calmar ratio

Return relative to maximum drawdown

1.40

1.66

-0.26

Martin ratio

Return relative to average drawdown

7.84

9.64

-1.80

FTHI vs. FTQI - Sharpe Ratio Comparison

The current FTHI Sharpe Ratio is 1.00, which is comparable to the FTQI Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of FTHI and FTQI, 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


FTHIFTQIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

1.12

-0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

0.63

+0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.51

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.45

+0.05

Correlation

The correlation between FTHI and FTQI is 0.67, 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. FTQI - Dividend Comparison

FTHI's dividend yield for the trailing twelve months is around 8.99%, less than FTQI's 11.97% 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%
FTQI
First Trust Nasdaq BuyWrite Income ETF
11.97%11.46%11.66%11.49%9.85%3.05%3.27%2.95%3.27%2.74%3.02%3.54%

Drawdowns

FTHI vs. FTQI - Drawdown Comparison

The maximum FTHI drawdown since its inception was -32.65%, which is greater than FTQI's maximum drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for FTHI and FTQI.


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Drawdown Indicators


FTHIFTQIDifference

Max Drawdown

Largest peak-to-trough decline

-32.65%

-19.42%

-13.23%

Max Drawdown (1Y)

Largest decline over 1 year

-10.92%

-11.75%

+0.83%

Max Drawdown (5Y)

Largest decline over 5 years

-16.70%

-19.42%

+2.72%

Max Drawdown (10Y)

Largest decline over 10 years

-32.65%

-19.42%

-13.23%

Current Drawdown

Current decline from peak

-3.36%

-3.38%

+0.02%

Average Drawdown

Average peak-to-trough decline

-3.73%

-3.81%

+0.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.95%

2.02%

-0.07%

Volatility

FTHI vs. FTQI - Volatility Comparison

The current volatility for First Trust BuyWrite Income ETF (FTHI) is 4.36%, while First Trust Nasdaq BuyWrite Income ETF (FTQI) has a volatility of 5.30%. This indicates that FTHI experiences smaller price fluctuations and is considered to be less risky than FTQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FTHIFTQIDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.36%

5.30%

-0.94%

Volatility (6M)

Calculated over the trailing 6-month period

7.60%

8.88%

-1.28%

Volatility (1Y)

Calculated over the trailing 1-year period

14.99%

17.12%

-2.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.54%

14.83%

-1.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.38%

13.41%

+0.97%