FTXH vs. GDOC

Last updated Apr 1, 2026

Compare and contrast key facts about First Trust Nasdaq Pharmaceuticals ETF (FTXH) and Goldman Sachs Future Health Care Equity ETF (GDOC).

FTXH and GDOC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTXH is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Pharmaceuticals Index. It was launched on Sep 20, 2016. GDOC is an actively managed fund by Goldman Sachs. It was launched on Nov 9, 2021.

Performance

FTXH vs. GDOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Pharmaceuticals ETF (FTXH) and Goldman Sachs Future Health Care Equity ETF (GDOC). The values are adjusted to include any dividend payments, if applicable.

FTXH vs. GDOC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FTXH First Trust Nasdaq Pharmaceuticals ETF	4.48%	24.15%	2.98%	-1.41%	2.55%	0.10%
GDOC Goldman Sachs Future Health Care Equity ETF	-8.12%	10.74%	-1.66%	4.60%	-17.12%	-2.77%

Returns By Period

In the year-to-date period, FTXH achieves a 4.48% return, which is significantly higher than GDOC's -8.12% return.

FTXH

• 1D: 2.61%
• 1M: -3.36%
• YTD: 4.48%
• 6M: 21.14%
• 1Y: 26.79%
• 3Y*: 11.30%
• 5Y*: 7.36%
• 10Y*: —

GDOC

• 1D: 2.76%
• 1M: -5.94%
• YTD: -8.12%
• 6M: 2.88%
• 1Y: 1.53%
• 3Y*: 0.66%
• 5Y*: —
• 10Y*: —

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

FTXH vs. GDOC - Expense Ratio Comparison

FTXH has a 0.60% expense ratio, which is lower than GDOC's 0.75% expense ratio.

GDOC

Goldman Sachs Future Health Care Equity ETF

FTXH

First Trust Nasdaq Pharmaceuticals ETF

Return for Risk

FTXH vs. GDOC — Risk / Return Rank

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

FTXH

FTXH Risk / Return Rank: 68
FTXH Sharpe Ratio Rank: 72
FTXH Sortino Ratio Rank: 71
FTXH Omega Ratio Rank: 65
FTXH Calmar Ratio Rank: 75
FTXH Martin Ratio Rank: 60

GDOC

GDOC Risk / Return Rank: 14
GDOC Sharpe Ratio Rank: 14
GDOC Sortino Ratio Rank: 13
GDOC Omega Ratio Rank: 13
GDOC Calmar Ratio Rank: 14
GDOC Martin Ratio Rank: 14

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.

FTXH vs. GDOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Pharmaceuticals ETF (FTXH) and Goldman Sachs Future Health Care Equity ETF (GDOC). 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.

	FTXH	GDOC	Difference
Sharpe ratio Return per unit of total volatility	1.28	0.08	+1.19
Sortino ratio Return per unit of downside risk	1.78	0.25	+1.53
Omega ratio Gain probability vs. loss probability	1.24	1.03	+0.21
Calmar ratio Return relative to maximum drawdown	1.95	0.10	+1.85
Martin ratio Return relative to average drawdown	5.94	0.31	+5.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTXH vs. GDOC - Sharpe Ratio Comparison

The current FTXH Sharpe Ratio is 1.28, which is higher than the GDOC Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of FTXH and GDOC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FTXH	GDOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	0.08	+1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	-0.20	+0.58

Correlation

The correlation between FTXH and GDOC is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FTXH vs. GDOC - Dividend Comparison

FTXH's dividend yield for the trailing twelve months is around 1.23%, more than GDOC's 0.35% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTXH First Trust Nasdaq Pharmaceuticals ETF	1.23%	1.41%	1.66%	1.55%	1.11%	1.03%	0.82%	0.67%	0.91%	2.18%	0.19%
GDOC Goldman Sachs Future Health Care Equity ETF	0.35%	0.32%	0.02%	0.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FTXH vs. GDOC - Drawdown Comparison

The maximum FTXH drawdown since its inception was -32.11%, roughly equal to the maximum GDOC drawdown of -31.01%. Use the drawdown chart below to compare losses from any high point for FTXH and GDOC.

Drawdown Indicators

	FTXH	GDOC	Difference
Max Drawdown Largest peak-to-trough decline	-32.11%	-31.01%	-1.10%
Max Drawdown (1Y) Largest decline over 1 year	-12.74%	-14.57%	+1.83%
Max Drawdown (5Y) Largest decline over 5 years	-19.51%	—	—
Current Drawdown Current decline from peak	-3.36%	-15.86%	+12.50%
Average Drawdown Average peak-to-trough decline	-5.88%	-15.90%	+10.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.68%	4.96%	-0.28%

Volatility

FTXH vs. GDOC - Volatility Comparison

First Trust Nasdaq Pharmaceuticals ETF (FTXH) and Goldman Sachs Future Health Care Equity ETF (GDOC) have volatilities of 6.24% and 6.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTXH	GDOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.24%	6.04%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	12.06%	11.22%	+0.84%
Volatility (1Y) Calculated over the trailing 1-year period	21.10%	18.63%	+2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.15%	18.83%	-2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.45%	18.83%	-0.38%