FTXO vs. GSIB
Compare and contrast key facts about First Trust Nasdaq Bank ETF (FTXO) and Themes Global Systemically Important Banks ETF (GSIB).
FTXO and GSIB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTXO is a passively managed fund by First Trust that tracks the performance of the NASDAQ US Banks Index. It was launched on Sep 20, 2016. GSIB is an actively managed fund by Themes. It was launched on Dec 14, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTXO or GSIB.
Correlation
The correlation between FTXO and GSIB is 0.53, 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
FTXO vs. GSIB - Performance Comparison
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Key characteristics
FTXO:
0.65
GSIB:
1.72
FTXO:
1.10
GSIB:
2.35
FTXO:
1.15
GSIB:
1.34
FTXO:
0.72
GSIB:
2.20
FTXO:
2.20
GSIB:
10.43
FTXO:
8.70%
GSIB:
3.73%
FTXO:
29.56%
GSIB:
21.72%
FTXO:
-55.25%
GSIB:
-17.71%
FTXO:
-8.65%
GSIB:
-0.12%
Returns By Period
In the year-to-date period, FTXO achieves a 0.74% return, which is significantly lower than GSIB's 22.62% return.
FTXO
0.74%
16.54%
-4.92%
18.78%
16.91%
N/A
GSIB
22.62%
13.77%
24.47%
36.23%
N/A
N/A
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FTXO vs. GSIB - Expense Ratio Comparison
FTXO has a 0.60% expense ratio, which is higher than GSIB's 0.35% expense ratio.
Risk-Adjusted Performance
FTXO vs. GSIB — Risk-Adjusted Performance Rank
FTXO
GSIB
FTXO vs. GSIB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Bank ETF (FTXO) and Themes Global Systemically Important Banks ETF (GSIB). 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.
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Dividends
FTXO vs. GSIB - Dividend Comparison
FTXO's dividend yield for the trailing twelve months is around 2.22%, more than GSIB's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTXO First Trust Nasdaq Bank ETF | 2.22% | 2.18% | 3.20% | 2.94% | 1.64% | 2.74% | 2.54% | 3.52% | 1.09% | 0.17% |
GSIB Themes Global Systemically Important Banks ETF | 1.36% | 1.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTXO vs. GSIB - Drawdown Comparison
The maximum FTXO drawdown since its inception was -55.25%, which is greater than GSIB's maximum drawdown of -17.71%. Use the drawdown chart below to compare losses from any high point for FTXO and GSIB. For additional features, visit the drawdowns tool.
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Volatility
FTXO vs. GSIB - Volatility Comparison
First Trust Nasdaq Bank ETF (FTXO) has a higher volatility of 6.75% compared to Themes Global Systemically Important Banks ETF (GSIB) at 4.30%. This indicates that FTXO's price experiences larger fluctuations and is considered to be riskier than GSIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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