FTHY vs. FDHIX
Compare and contrast key facts about First Trust High Yield Opportunities 2027 Term Fund (FTHY) and First Trust Short Duration High Income Fund (FDHIX).
FTHY is managed by First Trust. It was launched on Jun 25, 2020. FDHIX is managed by First Trust. It was launched on Oct 31, 2012.
Performance
FTHY vs. FDHIX - Performance Comparison
Loading graphics...
FTHY vs. FDHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FTHY First Trust High Yield Opportunities 2027 Term Fund | -1.22% | 7.80% | 15.71% | 14.65% | -26.09% | 7.63% | 4.66% |
FDHIX First Trust Short Duration High Income Fund | -2.99% | 7.31% | 7.09% | 10.41% | -5.22% | 3.56% | 7.13% |
Returns By Period
In the year-to-date period, FTHY achieves a -1.22% return, which is significantly higher than FDHIX's -2.99% return.
FTHY
- 1D
- 2.11%
- 1M
- -1.78%
- YTD
- -1.22%
- 6M
- -1.53%
- 1Y
- 3.99%
- 3Y*
- 10.25%
- 5Y*
- 2.42%
- 10Y*
- —
FDHIX
- 1D
- 0.11%
- 1M
- -1.90%
- YTD
- -2.99%
- 6M
- -1.42%
- 1Y
- 3.53%
- 3Y*
- 6.19%
- 5Y*
- 3.58%
- 10Y*
- 4.25%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTHY vs. FDHIX - Expense Ratio Comparison
FTHY has a 0.02% expense ratio, which is lower than FDHIX's 1.01% expense ratio.
Return for Risk
FTHY vs. FDHIX — Risk / Return Rank
FTHY
FDHIX
FTHY vs. FDHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust High Yield Opportunities 2027 Term Fund (FTHY) and First Trust Short Duration High Income Fund (FDHIX). 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.
| FTHY | FDHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.41 | 1.39 | -0.98 |
Sortino ratioReturn per unit of downside risk | 0.61 | 2.07 | -1.46 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.32 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.49 | 1.12 | -0.62 |
Martin ratioReturn relative to average drawdown | 1.82 | 4.77 | -2.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FTHY | FDHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 1.39 | -0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 1.11 | -0.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.96 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 1.00 | -0.78 |
Correlation
The correlation between FTHY and FDHIX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FTHY vs. FDHIX - Dividend Comparison
FTHY's dividend yield for the trailing twelve months is around 11.09%, more than FDHIX's 5.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTHY First Trust High Yield Opportunities 2027 Term Fund | 11.09% | 10.66% | 10.70% | 10.22% | 11.85% | 7.83% | 2.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDHIX First Trust Short Duration High Income Fund | 5.31% | 6.34% | 7.99% | 6.76% | 4.86% | 3.51% | 4.09% | 4.57% | 4.94% | 4.83% | 4.81% | 4.59% |
Drawdowns
FTHY vs. FDHIX - Drawdown Comparison
The maximum FTHY drawdown since its inception was -31.17%, which is greater than FDHIX's maximum drawdown of -20.32%. Use the drawdown chart below to compare losses from any high point for FTHY and FDHIX.
Loading graphics...
Drawdown Indicators
| FTHY | FDHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.17% | -20.32% | -10.85% |
Max Drawdown (1Y)Largest decline over 1 year | -7.56% | -3.21% | -4.35% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -9.09% | -22.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.32% | — |
Current DrawdownCurrent decline from peak | -3.45% | -3.10% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -10.45% | -1.06% | -9.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.12% | 0.75% | +1.37% |
Volatility
FTHY vs. FDHIX - Volatility Comparison
First Trust High Yield Opportunities 2027 Term Fund (FTHY) has a higher volatility of 3.46% compared to First Trust Short Duration High Income Fund (FDHIX) at 1.22%. This indicates that FTHY's price experiences larger fluctuations and is considered to be riskier than FDHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FTHY | FDHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.46% | 1.22% | +2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 4.99% | 1.97% | +3.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.78% | 3.08% | +6.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.86% | 3.26% | +9.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.39% | 4.48% | +8.91% |