FV vs. IGLD
FV (First Trust Dorsey Wright Focus 5 ETF) and IGLD (FT Cboe Vest Gold Strategy Target Income ETF) are both exchange-traded funds - FV is a Large Cap Growth Equities fund tracking the Dorsey Wright Focus Five Index, while IGLD is a Precious Metals fund actively managed by First Trust. FV is passively managed, while IGLD is actively managed. Over the past 5 years, FV returned 10.37%/yr vs 13.02%/yr for IGLD. At a 0.16 correlation, their price movements are largely independent. FV charges 0.87%/yr vs 0.85%/yr for IGLD.
Performance
FV vs. IGLD - Performance Comparison
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Returns By Period
In the year-to-date period, FV achieves a 18.14% return, which is significantly higher than IGLD's 1.69% return.
FV
- 1D
- 1.48%
- 1M
- 11.69%
- YTD
- 18.14%
- 6M
- 18.84%
- 1Y
- 28.90%
- 3Y*
- 18.88%
- 5Y*
- 10.37%
- 10Y*
- 13.45%
IGLD
- 1D
- -0.81%
- 1M
- -1.33%
- YTD
- 1.69%
- 6M
- 4.44%
- 1Y
- 24.53%
- 3Y*
- 23.01%
- 5Y*
- 13.02%
- 10Y*
- —
FV vs. IGLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FV First Trust Dorsey Wright Focus 5 ETF | 18.14% | 7.23% | 14.73% | 11.34% | -3.93% | 14.10% |
IGLD FT Cboe Vest Gold Strategy Target Income ETF | 1.69% | 47.46% | 19.36% | 9.24% | -2.34% | 4.30% |
Correlation
The correlation between FV and IGLD is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2021 | 0.16 |
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Return for Risk
FV vs. IGLD — Risk / Return Rank
FV
IGLD
FV vs. IGLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Focus 5 ETF (FV) and FT Cboe Vest Gold Strategy Target Income ETF (IGLD). 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.
| FV | IGLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.22 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 1.40 | +0.75 |
| Martin ratioReturn relative to average drawdown | 8.12 | 3.82 | +4.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FV | IGLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 1.06 | +0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.86 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.94 | -0.36 |
Drawdowns
FV vs. IGLD - Drawdown Comparison
The maximum FV drawdown since its inception was -34.04%, which is greater than IGLD's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for FV and IGLD.
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Drawdown Indicators
| FV | IGLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.04% | -18.59% | -15.45% |
Max Drawdown (1Y)Largest decline over 1 year | -13.45% | -17.56% | +4.11% |
Max Drawdown (3Y)Largest decline over 3 years | -23.08% | -17.56% | -5.52% |
Max Drawdown (5Y)Largest decline over 5 years | -23.08% | -18.59% | -4.49% |
Max Drawdown (10Y)Largest decline over 10 years | -34.04% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -15.16% | +15.16% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -5.24% | -0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 6.43% | -2.86% |
Volatility
FV vs. IGLD - Volatility Comparison
The current volatility for First Trust Dorsey Wright Focus 5 ETF (FV) is 4.25%, while FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a volatility of 5.12%. This indicates that FV experiences smaller price fluctuations and is considered to be less risky than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FV | IGLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 5.12% | -0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 12.54% | 21.01% | -8.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.22% | 23.24% | -8.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.76% | 15.17% | +5.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.42% | 15.00% | +6.42% |
FV vs. IGLD - Expense Ratio Comparison
FV has a 0.87% expense ratio, which is higher than IGLD's 0.85% expense ratio.
Dividends
FV vs. IGLD - Dividend Comparison
FV's dividend yield for the trailing twelve months is around 0.52%, less than IGLD's 17.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FV First Trust Dorsey Wright Focus 5 ETF | 0.52% | 0.63% | 0.14% | 0.47% | 1.38% | 0.11% | 0.06% | 0.56% | 0.19% | 0.67% | 0.95% | 0.14% |
IGLD FT Cboe Vest Gold Strategy Target Income ETF | 17.92% | 9.91% | 20.81% | 7.85% | 4.45% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FV and IGLD have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGLD has higher volatility (5.12%) compared to FV (4.25%). In terms of maximum drawdown, FV dropped -34.04% vs IGLD's -18.59%.
On 5-year performance, IGLD leads with 13.02% vs 10.37% for FV. On fees, IGLD is cheaper at 0.85% per year. On volatility, FV has been the lower-risk option at 4.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IGLD has performed better with a 13.02% return vs 10.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGLD is cheaper with a 0.85% expense ratio, compared with 0.87% for FV.
IGLD has the higher dividend yield at 17.92%, compared with 0.52% for FV.
FV is categorized as Large Cap Growth Equities, while IGLD is Precious Metals. Their fees differ too: 0.87% for FV and 0.85% for IGLD.
FV currently has the higher Sharpe Ratio (1.91 vs 1.06), 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.
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