FTXO vs. ENFR

Last updated Jun 25, 2026

FTXO (First Trust Nasdaq Bank ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - FTXO is a Financials Equities fund tracking the NASDAQ US Banks Index, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. Both are passively managed. Over the past 5 years, FTXO returned 8.30%/yr vs 19.73%/yr for ENFR. At a 0.48 correlation, their price movements are largely independent. FTXO charges 0.60%/yr vs 0.35%/yr for ENFR.

Performance

FTXO vs. ENFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Bank ETF (FTXO) and Alerian Energy Infrastructure ETF (ENFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTXO achieves a 10.30% return, which is significantly lower than ENFR's 23.18% return.

FTXO

• 1D: 0.29%
• 1M: 8.86%
• YTD: 10.30%
• 6M: 7.40%
• 1Y: 30.62%
• 3Y*: 29.39%
• 5Y*: 8.30%
• 10Y*: —

ENFR

• 1D: -1.40%
• 1M: -5.86%
• YTD: 23.18%
• 6M: 23.40%
• 1Y: 25.06%
• 3Y*: 28.30%
• 5Y*: 19.73%
• 10Y*: 11.82%

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

FTXO vs. ENFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTXO First Trust Nasdaq Bank ETF	10.30%	21.32%	29.05%	0.05%	-17.93%	40.53%	-12.53%	30.11%	-21.79%	14.25%
ENFR Alerian Energy Infrastructure ETF	23.18%	5.88%	42.17%	15.63%	17.48%	39.97%	-24.14%	21.60%	-18.67%	-0.19%

Correlation

The correlation between FTXO and ENFR is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Oct 7, 2016	0.48

Over the past year, the correlation between FTXO and ENFR has dropped to 0.09 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

FTXO vs. ENFR - Sectors Allocation Comparison

Sectors	FTXO	ENFR
Financial Services	100.0%	0.1%
Technology	0.4%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	98.5%
Healthcare	-	-
Industrials	-	3.4%
Real Estate	-	-
Utilities	-	1.4%

Return for Risk

FTXO vs. ENFR — Risk / Return Rank

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

FTXO

FTXO Risk / Return Rank: 43
FTXO Sharpe Ratio Rank: 48
FTXO Sortino Ratio Rank: 45
FTXO Omega Ratio Rank: 46
FTXO Calmar Ratio Rank: 41
FTXO Martin Ratio Rank: 36

ENFR

ENFR Risk / Return Rank: 55
ENFR Sharpe Ratio Rank: 56
ENFR Sortino Ratio Rank: 54
ENFR Omega Ratio Rank: 51
ENFR Calmar Ratio Rank: 65
ENFR Martin Ratio Rank: 48

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.

FTXO vs. ENFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Bank ETF (FTXO) and Alerian Energy Infrastructure ETF (ENFR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTXO	ENFR	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.69	-0.21
Sortino ratio: Return per unit of downside risk	2.04	2.35	-0.31
Omega ratio: Gain probability vs. loss probability	1.26	1.29	-0.03
Calmar ratio: Return relative to maximum drawdown	1.84	2.91	-1.07
Martin ratio: Return relative to average drawdown	5.09	7.39	-2.30

FTXO vs. ENFR - Sharpe Ratio Comparison

The current FTXO Sharpe Ratio is 1.48, which is comparable to the ENFR Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of FTXO and ENFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTXO vs. ENFR - Drawdown Comparison

The maximum FTXO drawdown since its inception was -55.26%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for FTXO and ENFR.

Drawdown Indicators

	FTXO	ENFR	Difference
Max Drawdown Largest peak-to-trough decline	-55.26%	-68.28%	+13.02%
Max Drawdown (1Y) Largest decline over 1 year	-16.69%	-8.64%	-8.05%
Max Drawdown (3Y) Largest decline over 3 years	-25.84%	-15.58%	-10.26%
Max Drawdown (5Y) Largest decline over 5 years	-46.55%	-20.29%	-26.26%
Max Drawdown (10Y) Largest decline over 10 years	—	-62.64%	—
Current Drawdown Current decline from peak	0.00%	-6.04%	+6.04%
Average Drawdown Average peak-to-trough decline	-15.79%	-15.93%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.03%	3.40%	+2.63%

Volatility

FTXO vs. ENFR - Volatility Comparison

First Trust Nasdaq Bank ETF (FTXO) and Alerian Energy Infrastructure ETF (ENFR) have volatilities of 5.88% and 5.68%, 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

	FTXO	ENFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	5.68%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	15.76%	11.71%	+4.05%
Volatility (1Y) Calculated over the trailing 1-year period	20.80%	14.91%	+5.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.90%	19.26%	+7.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.93%	24.68%	+5.25%

FTXO vs. ENFR - Expense Ratio Comparison

FTXO has a 0.60% expense ratio, which is higher than ENFR's 0.35% expense ratio.

Dividends

FTXO vs. ENFR - Dividend Comparison

FTXO's dividend yield for the trailing twelve months is around 1.63%, less than ENFR's 4.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENFR Alerian Energy Infrastructure ETF	4.07%	4.77%	4.41%	5.48%	5.23%	7.86%	7.57%	5.81%	3.98%	2.98%	3.31%	3.34%
FTXO First Trust Nasdaq Bank ETF	1.63%	1.92%	2.18%	3.20%	2.94%	1.64%	2.74%	2.53%	3.51%	1.09%	0.16%	0.00%

Frequently Asked Questions

Can I hold both FTXO and ENFR in my portfolio?

FTXO and ENFR have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTXO or ENFR?

FTXO has higher volatility (5.88%) compared to ENFR (5.68%). In terms of maximum drawdown, FTXO dropped -55.26% vs ENFR's -68.28%.

Which ETF is better, FTXO or ENFR?

On 5-year performance, ENFR leads with 19.73% vs 8.30% for FTXO. On fees, ENFR is cheaper at 0.35% per year. On volatility, ENFR has been the lower-risk option at 5.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTXO or ENFR?

Over the 5-year period, ENFR has performed better with a 19.73% return vs 8.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTXO or ENFR?

ENFR is cheaper with a 0.35% expense ratio, compared with 0.60% for FTXO.

Which ETF pays a higher dividend yield, FTXO or ENFR?

ENFR has the higher dividend yield at 4.07%, compared with 1.63% for FTXO.

What is the main difference between FTXO and ENFR?

FTXO is categorized as Financials Equities, while ENFR is Energy Equities. FTXO tracks NASDAQ US Banks Index, while ENFR tracks Alerian Midstream Energy Select Index. They also come from different issuers: First Trust and SS&C. Their fees differ too: 0.60% for FTXO and 0.35% for ENFR.

Which has better risk-adjusted returns?

ENFR currently has the higher Sharpe Ratio (1.69 vs 1.48), 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.