FTXL vs. ARMH

Last updated Jun 5, 2026

FTXL (First Trust Nasdaq Semiconductor ETF) and ARMH (Arm Holdings PLC ADRhedged ETF) are both exchange-traded funds - FTXL is a Semiconductors fund tracking the Nasdaq U.S. Smart Semiconductor Index, while ARMH is a Technology Equities fund actively managed by Precidian. FTXL is passively managed, while ARMH is actively managed. At a 0.10 correlation, their price movements are largely independent. FTXL charges 0.60%/yr vs 0.19%/yr for ARMH.

Performance

FTXL vs. ARMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Semiconductor ETF (FTXL) and Arm Holdings PLC ADRhedged ETF (ARMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FTXL

• 1D: -2.24%
• 1M: 21.46%
• YTD: 110.86%
• 6M: 111.07%
• 1Y: 214.18%
• 3Y*: 61.46%
• 5Y*: 34.02%
• 10Y*: —

ARMH

• 1D: -4.82%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTXL vs. ARMH - Yearly Performance Comparison

	2026 (YTD)
FTXL First Trust Nasdaq Semiconductor ETF	4.60%
ARMH Arm Holdings PLC ADRhedged ETF	17.07%

Correlation

The correlation between FTXL and ARMH is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.10

Return for Risk

FTXL vs. ARMH — Risk / Return Rank

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

FTXL

FTXL Risk / Return Rank: 97
FTXL Sharpe Ratio Rank: 98
FTXL Sortino Ratio Rank: 96
FTXL Omega Ratio Rank: 95
FTXL Calmar Ratio Rank: 98
FTXL Martin Ratio Rank: 98

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.

FTXL vs. ARMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Semiconductor ETF (FTXL) and Arm Holdings PLC ADRhedged ETF (ARMH). 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.

	FTXL	ARMH	Difference
Sharpe ratio: Return per unit of total volatility	6.00	—	—
Sortino ratio: Return per unit of downside risk	5.56	—	—
Omega ratio: Gain probability vs. loss probability	1.75	—	—
Calmar ratio: Return relative to maximum drawdown	14.86	—	—
Martin ratio: Return relative to average drawdown	55.40	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FTXL	ARMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.00	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	2,577.07	-2,576.15

Drawdowns

FTXL vs. ARMH - Drawdown Comparison

The maximum FTXL drawdown since its inception was -43.87%, which is greater than ARMH's maximum drawdown of -4.82%. Use the drawdown chart below to compare losses from any high point for FTXL and ARMH.

Drawdown Indicators

	FTXL	ARMH	Difference
Max Drawdown Largest peak-to-trough decline	-43.87%	-4.82%	-39.05%
Max Drawdown (1Y) Largest decline over 1 year	-14.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-41.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.87%	—	—
Current Drawdown Current decline from peak	-2.24%	-4.82%	+2.58%
Average Drawdown Average peak-to-trough decline	-10.55%	-1.29%	-9.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	—	—

Volatility

Volatility by Period

	FTXL	ARMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.94%	122.20%	-86.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.03%	122.20%	-86.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.25%	122.20%	-87.95%

FTXL vs. ARMH - Expense Ratio Comparison

FTXL has a 0.60% expense ratio, which is higher than ARMH's 0.19% expense ratio.

Dividends

FTXL vs. ARMH - Dividend Comparison

FTXL's dividend yield for the trailing twelve months is around 0.13%, while ARMH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ARMH Arm Holdings PLC ADRhedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTXL First Trust Nasdaq Semiconductor ETF	0.13%	0.28%	0.54%	0.60%	0.89%	0.25%	0.48%	0.92%	0.71%	0.47%	0.12%

Frequently Asked Questions

Can I hold both FTXL and ARMH in my portfolio?

FTXL and ARMH have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTXL or ARMH?

On fees, ARMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTXL or ARMH?

ARMH is cheaper with a 0.19% expense ratio, compared with 0.60% for FTXL.

Which ETF pays a higher dividend yield, FTXL or ARMH?

FTXL has the higher dividend yield at 0.13%, compared with 0.00% for ARMH.

What is the main difference between FTXL and ARMH?

FTXL is categorized as Semiconductors, while ARMH is Technology Equities. They also come from different issuers: First Trust and Precidian. Their fees differ too: 0.60% for FTXL and 0.19% for ARMH.