FTXG vs. PBJ
Compare and contrast key facts about First Trust Nasdaq Food & Beverage ETF (FTXG) and Invesco Dynamic Food & Beverage ETF (PBJ).
FTXG and PBJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTXG is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Food & Beverage Index. It was launched on Sep 20, 2016. PBJ is a passively managed fund by Invesco that tracks the performance of the Dynamic Food & Beverage Intellidex Index. It was launched on Jun 23, 2005. Both FTXG and PBJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTXG or PBJ.
Key characteristics
| FTXG | PBJ | |
|---|---|---|
| YTD Return | 1.88% | 4.69% |
| 1Y Return | 6.18% | 11.32% |
| 3Y Return (Ann) | 0.91% | 4.47% |
| 5Y Return (Ann) | 5.22% | 8.67% |
| Sharpe Ratio | 0.63 | 1.18 |
| Sortino Ratio | 0.96 | 1.76 |
| Omega Ratio | 1.11 | 1.20 |
| Calmar Ratio | 0.47 | 1.36 |
| Martin Ratio | 2.30 | 3.80 |
| Ulcer Index | 3.18% | 3.49% |
| Daily Std Dev | 11.65% | 11.27% |
| Max Drawdown | -31.53% | -39.15% |
| Current Drawdown | -9.97% | -1.74% |
Correlation
The correlation between FTXG and PBJ 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.
Performance
FTXG vs. PBJ - Performance Comparison
In the year-to-date period, FTXG achieves a 1.88% return, which is significantly lower than PBJ's 4.69% 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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FTXG vs. PBJ - Expense Ratio Comparison
FTXG has a 0.60% expense ratio, which is lower than PBJ's 0.63% expense ratio.
Risk-Adjusted Performance
FTXG vs. PBJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Food & Beverage ETF (FTXG) and Invesco Dynamic Food & Beverage ETF (PBJ). 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
FTXG vs. PBJ - Dividend Comparison
FTXG's dividend yield for the trailing twelve months is around 2.62%, more than PBJ's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTXG First Trust Nasdaq Food & Beverage ETF | 2.62% | 4.27% | 1.50% | 1.52% | 1.35% | 1.26% | 1.37% | 1.56% | 0.30% | 0.00% | 0.00% | 0.00% |
PBJ Invesco Dynamic Food & Beverage ETF | 1.18% | 1.80% | 1.81% | 0.90% | 1.12% | 1.21% | 1.41% | 0.70% | 1.56% | 1.24% | 1.32% | 0.85% |
Drawdowns
FTXG vs. PBJ - Drawdown Comparison
The maximum FTXG drawdown since its inception was -31.53%, smaller than the maximum PBJ drawdown of -39.15%. Use the drawdown chart below to compare losses from any high point for FTXG and PBJ. For additional features, visit the drawdowns tool.
Volatility
FTXG vs. PBJ - Volatility Comparison
The current volatility for First Trust Nasdaq Food & Beverage ETF (FTXG) is 2.41%, while Invesco Dynamic Food & Beverage ETF (PBJ) has a volatility of 3.14%. This indicates that FTXG experiences smaller price fluctuations and is considered to be less risky than PBJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.