FTHI vs. FZFLX
Compare and contrast key facts about First Trust BuyWrite Income ETF (FTHI) and Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX).
FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014. FZFLX is managed by Fidelity. It was launched on Aug 12, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTHI or FZFLX.
Key characteristics
| FTHI | FZFLX | |
|---|---|---|
| YTD Return | 19.72% | 16.90% |
| 1Y Return | 25.69% | 35.66% |
| 3Y Return (Ann) | 10.57% | 4.00% |
| 5Y Return (Ann) | 8.32% | 11.70% |
| Sharpe Ratio | 3.12 | 2.19 |
| Sortino Ratio | 4.22 | 3.05 |
| Omega Ratio | 1.68 | 1.38 |
| Calmar Ratio | 4.43 | 1.93 |
| Martin Ratio | 25.43 | 11.66 |
| Ulcer Index | 1.01% | 2.99% |
| Daily Std Dev | 8.25% | 15.96% |
| Max Drawdown | -32.65% | -42.04% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FTHI and FZFLX is 0.74, 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.
Performance
FTHI vs. FZFLX - Performance Comparison
In the year-to-date period, FTHI achieves a 19.72% return, which is significantly higher than FZFLX's 16.90% 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. FZFLX - Expense Ratio Comparison
FTHI has a 0.85% expense ratio, which is higher than FZFLX's 0.05% expense ratio.
Risk-Adjusted Performance
FTHI vs. FZFLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) and Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX). 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. FZFLX - Dividend Comparison
FTHI's dividend yield for the trailing twelve months is around 8.27%, more than FZFLX's 1.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FTHI First Trust BuyWrite Income ETF | 8.27% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.02% | 4.43% | 4.98% | 3.96% |
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 1.59% | 1.49% | 1.99% | 2.00% | 1.20% | 3.48% | 1.69% | 1.04% | 0.81% | 1.21% | 0.00% |
Drawdowns
FTHI vs. FZFLX - Drawdown Comparison
The maximum FTHI drawdown since its inception was -32.65%, smaller than the maximum FZFLX drawdown of -42.04%. Use the drawdown chart below to compare losses from any high point for FTHI and FZFLX. For additional features, visit the drawdowns tool.
Volatility
FTHI vs. FZFLX - Volatility Comparison
The current volatility for First Trust BuyWrite Income ETF (FTHI) is 2.74%, while Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) has a volatility of 4.58%. This indicates that FTHI experiences smaller price fluctuations and is considered to be less risky than FZFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.