FTWO vs. STXE

Last updated Jun 4, 2026

FTWO (Strive Natural Resources and Security ETF) and STXE (Strive Emerging Markets Ex-China ETF) are both exchange-traded funds - FTWO is a Energy Equities fund tracking the Bloomberg Natural Resources and Security Total Return Index, while STXE is a Emerging Markets Diversified fund tracking the Bloomberg US 1000 Dividend Growth Index - Benchmark TR Gross. Both are passively managed. Over the past year, FTWO returned 30.91% vs 84.40% for STXE. A 0.53 correlation means they provide meaningful diversification when combined. FTWO charges 0.49%/yr vs 0.32%/yr for STXE.

Performance

FTWO vs. STXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive Natural Resources and Security ETF (FTWO) and Strive Emerging Markets Ex-China ETF (STXE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTWO achieves a 10.90% return, which is significantly lower than STXE's 47.29% return.

FTWO

• 1D: -0.94%
• 1M: -1.13%
• YTD: 10.90%
• 6M: 13.58%
• 1Y: 30.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

STXE

• 1D: -1.00%
• 1M: 15.10%
• YTD: 47.29%
• 6M: 52.92%
• 1Y: 84.40%
• 3Y*: 29.77%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTWO vs. STXE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FTWO Strive Natural Resources and Security ETF	10.90%	43.06%	14.97%	1.46%
STXE Strive Emerging Markets Ex-China ETF	47.29%	34.23%	2.09%	8.10%

Correlation

The correlation between FTWO and STXE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Sep 1, 2023	0.53

The correlation between FTWO and STXE has been stable across timeframes, ranging from 0.49 to 0.53 - a consistent structural relationship.

FTWO vs. STXE - Sectors Allocation Comparison

Sectors	FTWO	STXE
Industrials	32.2%	5.9%
Energy	29.1%	3.9%
Basic Materials	25.9%	7.1%
Utilities	11.7%	2.0%
Consumer Defensive	1.2%	2.2%
Communication Services	-	3.2%
Consumer Cyclical	-	4.0%
Financial Services	-	22.5%
Healthcare	-	1.1%
Real Estate	-	0.4%
Technology	-	47.7%

Return for Risk

FTWO vs. STXE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTWO

FTWO Risk / Return Rank: 49
FTWO Sharpe Ratio Rank: 50
FTWO Sortino Ratio Rank: 48
FTWO Omega Ratio Rank: 46
FTWO Calmar Ratio Rank: 55
FTWO Martin Ratio Rank: 44

STXE

STXE Risk / Return Rank: 92
STXE Sharpe Ratio Rank: 94
STXE Sortino Ratio Rank: 92
STXE Omega Ratio Rank: 93
STXE Calmar Ratio Rank: 91
STXE Martin Ratio Rank: 92

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.

FTWO vs. STXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive Natural Resources and Security ETF (FTWO) and Strive Emerging Markets Ex-China ETF (STXE). 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.

	FTWO	STXE	Difference
Sharpe ratio Return per unit of total volatility	1.72	3.70	-1.98
Sortino ratio Return per unit of downside risk	2.33	4.47	-2.13
Omega ratio Gain probability vs. loss probability	1.29	1.65	-0.36
Calmar ratio Return relative to maximum drawdown	2.69	5.85	-3.16
Martin ratio Return relative to average drawdown	7.23	23.95	-16.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTWO vs. STXE - Sharpe Ratio Comparison

The current FTWO Sharpe Ratio is 1.72, which is lower than the STXE Sharpe Ratio of 3.70. The chart below compares the historical Sharpe Ratios of FTWO and STXE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FTWO	STXE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	3.70	-1.98
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	1.57	-0.26

Drawdowns

FTWO vs. STXE - Drawdown Comparison

The maximum FTWO drawdown since its inception was -18.17%, roughly equal to the maximum STXE drawdown of -18.92%. Use the drawdown chart below to compare losses from any high point for FTWO and STXE.

Drawdown Indicators

	FTWO	STXE	Difference
Max Drawdown Largest peak-to-trough decline	-18.17%	-18.92%	+0.75%
Max Drawdown (1Y) Largest decline over 1 year	-11.54%	-14.51%	+2.97%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.92%	—
Current Drawdown Current decline from peak	-9.19%	-1.00%	-8.19%
Average Drawdown Average peak-to-trough decline	-3.43%	-3.72%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	3.54%	+0.75%

Volatility

FTWO vs. STXE - Volatility Comparison

The current volatility for Strive Natural Resources and Security ETF (FTWO) is 5.79%, while Strive Emerging Markets Ex-China ETF (STXE) has a volatility of 10.53%. This indicates that FTWO experiences smaller price fluctuations and is considered to be less risky than STXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTWO	STXE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	10.53%	-4.74%
Volatility (6M) Calculated over the trailing 6-month period	14.59%	20.81%	-6.22%
Volatility (1Y) Calculated over the trailing 1-year period	18.09%	22.95%	-4.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.23%	17.68%	+1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.23%	17.68%	+1.55%

FTWO vs. STXE - Expense Ratio Comparison

FTWO has a 0.49% expense ratio, which is higher than STXE's 0.32% expense ratio.

Dividends

FTWO vs. STXE - Dividend Comparison

FTWO's dividend yield for the trailing twelve months is around 1.01%, less than STXE's 1.83% yield.

Position	TTM	2025	2024	2023
FTWO Strive Natural Resources and Security ETF	1.01%	1.02%	1.23%	0.59%
STXE Strive Emerging Markets Ex-China ETF	1.83%	2.66%	3.22%	1.08%

Frequently Asked Questions

Can I hold both FTWO and STXE in my portfolio?

FTWO and STXE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTWO or STXE?

STXE has higher volatility (10.53%) compared to FTWO (5.79%). In terms of maximum drawdown, FTWO dropped -18.17% vs STXE's -18.92%.

Which ETF is better, FTWO or STXE?

On 1-year performance, STXE leads with 84.40% vs 30.91% for FTWO. On fees, STXE is cheaper at 0.32% per year. On volatility, FTWO has been the lower-risk option at 5.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTWO or STXE?

Over the 1-year period, STXE has performed better with a 84.40% return vs 30.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTWO or STXE?

STXE is cheaper with a 0.32% expense ratio, compared with 0.49% for FTWO.

Which ETF pays a higher dividend yield, FTWO or STXE?

STXE has the higher dividend yield at 1.83%, compared with 1.01% for FTWO.

What is the main difference between FTWO and STXE?

FTWO is categorized as Energy Equities, while STXE is Emerging Markets Diversified. FTWO tracks Bloomberg Natural Resources and Security Total Return Index, while STXE tracks Bloomberg US 1000 Dividend Growth Index - Benchmark TR Gross. Their fees differ too: 0.49% for FTWO and 0.32% for STXE.

Which has better risk-adjusted returns?

STXE currently has the higher Sharpe Ratio (3.70 vs 1.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.