FTHI vs. QCLR
Compare and contrast key facts about First Trust BuyWrite Income ETF (FTHI) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR).
FTHI and QCLR 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. QCLR is a passively managed fund by Global X that tracks the performance of the NASDAQ-100 Quarterly Collar 95-110 Index. It was launched on Aug 25, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTHI or QCLR.
Key characteristics
| FTHI | QCLR | |
|---|---|---|
| YTD Return | 20.27% | 18.63% |
| 1Y Return | 25.90% | 27.88% |
| 3Y Return (Ann) | 10.69% | 7.24% |
| Sharpe Ratio | 3.26 | 2.48 |
| Sortino Ratio | 4.39 | 3.47 |
| Omega Ratio | 1.72 | 1.45 |
| Calmar Ratio | 4.63 | 3.67 |
| Martin Ratio | 26.56 | 10.74 |
| Ulcer Index | 1.01% | 2.83% |
| Daily Std Dev | 8.22% | 12.13% |
| Max Drawdown | -32.65% | -21.77% |
| Current Drawdown | 0.00% | -0.05% |
Correlation
The correlation between FTHI and QCLR is 0.61, 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. QCLR - Performance Comparison
In the year-to-date period, FTHI achieves a 20.27% return, which is significantly higher than QCLR's 18.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTHI vs. QCLR - Expense Ratio Comparison
FTHI has a 0.85% expense ratio, which is higher than QCLR's 0.60% expense ratio.
Risk-Adjusted Performance
FTHI vs. QCLR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). 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. QCLR - Dividend Comparison
FTHI's dividend yield for the trailing twelve months is around 8.23%, more than QCLR's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FTHI First Trust BuyWrite Income ETF | 8.23% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.02% | 4.43% | 4.98% | 3.96% |
QCLR Global X NASDAQ 100 Collar 95-110 ETF | 0.58% | 0.47% | 0.28% | 1.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTHI vs. QCLR - Drawdown Comparison
The maximum FTHI drawdown since its inception was -32.65%, which is greater than QCLR's maximum drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for FTHI and QCLR. For additional features, visit the drawdowns tool.
Volatility
FTHI vs. QCLR - Volatility Comparison
The current volatility for First Trust BuyWrite Income ETF (FTHI) is 2.73%, while Global X NASDAQ 100 Collar 95-110 ETF (QCLR) has a volatility of 3.49%. This indicates that FTHI experiences smaller price fluctuations and is considered to be less risky than QCLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.