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FTHI vs. TDIV
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FTHI vs. TDIV - 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 Technology Dividend Index Fund (TDIV). The values are adjusted to include any dividend payments, if applicable.

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FTHI vs. TDIV - 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%
TDIV
First Trust NASDAQ Technology Dividend Index Fund
-2.96%25.27%24.43%36.71%-22.13%29.49%17.55%33.27%-3.18%21.95%

Returns By Period

In the year-to-date period, FTHI achieves a -0.61% return, which is significantly higher than TDIV's -2.96% return. Over the past 10 years, FTHI has underperformed TDIV with an annualized return of 7.99%, while TDIV has yielded a comparatively higher 15.72% 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%

TDIV

1D
3.22%
1M
-4.89%
YTD
-2.96%
6M
-4.22%
1Y
29.11%
3Y*
22.10%
5Y*
13.44%
10Y*
15.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FTHI vs. TDIV - Expense Ratio Comparison

FTHI has a 0.85% expense ratio, which is higher than TDIV's 0.50% expense ratio.


Return for Risk

FTHI vs. TDIV — 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

TDIV
TDIV Risk / Return Rank: 7777
Overall Rank
TDIV Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
TDIV Sortino Ratio Rank: 7676
Sortino Ratio Rank
TDIV Omega Ratio Rank: 7373
Omega Ratio Rank
TDIV Calmar Ratio Rank: 8383
Calmar Ratio Rank
TDIV Martin Ratio Rank: 7878
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. TDIV - 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 Technology Dividend Index Fund (TDIV). 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.


FTHITDIVDifference

Sharpe ratio

Return per unit of total volatility

1.00

1.24

-0.25

Sortino ratio

Return per unit of downside risk

1.51

1.87

-0.35

Omega ratio

Gain probability vs. loss probability

1.25

1.26

-0.01

Calmar ratio

Return relative to maximum drawdown

1.40

2.26

-0.86

Martin ratio

Return relative to average drawdown

7.84

7.82

+0.02

FTHI vs. TDIV - Sharpe Ratio Comparison

The current FTHI Sharpe Ratio is 1.00, which is comparable to the TDIV Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of FTHI and TDIV, 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


FTHITDIVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

1.24

-0.25

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.76

0.66

+0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.76

-0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.76

-0.26

Correlation

The correlation between FTHI and TDIV is 0.65, 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. TDIV - Dividend Comparison

FTHI's dividend yield for the trailing twelve months is around 8.99%, more than TDIV's 1.50% 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%
TDIV
First Trust NASDAQ Technology Dividend Index Fund
1.50%1.40%1.59%1.74%2.51%1.76%2.07%2.27%2.97%2.27%2.45%2.52%

Drawdowns

FTHI vs. TDIV - Drawdown Comparison

The maximum FTHI drawdown since its inception was -32.65%, roughly equal to the maximum TDIV drawdown of -31.97%. Use the drawdown chart below to compare losses from any high point for FTHI and TDIV.


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Drawdown Indicators


FTHITDIVDifference

Max Drawdown

Largest peak-to-trough decline

-32.65%

-31.97%

-0.68%

Max Drawdown (1Y)

Largest decline over 1 year

-10.92%

-13.07%

+2.15%

Max Drawdown (5Y)

Largest decline over 5 years

-16.70%

-31.97%

+15.27%

Max Drawdown (10Y)

Largest decline over 10 years

-32.65%

-31.97%

-0.68%

Current Drawdown

Current decline from peak

-3.36%

-7.87%

+4.51%

Average Drawdown

Average peak-to-trough decline

-3.73%

-4.88%

+1.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.95%

3.77%

-1.82%

Volatility

FTHI vs. TDIV - Volatility Comparison

The current volatility for First Trust BuyWrite Income ETF (FTHI) is 4.36%, while First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a volatility of 6.22%. This indicates that FTHI experiences smaller price fluctuations and is considered to be less risky than TDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FTHITDIVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.36%

6.22%

-1.86%

Volatility (6M)

Calculated over the trailing 6-month period

7.60%

13.70%

-6.10%

Volatility (1Y)

Calculated over the trailing 1-year period

14.99%

23.52%

-8.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.54%

20.46%

-6.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.38%

20.73%

-6.35%