FYLG vs. FTHI
Compare and contrast key facts about Global X Financials Covered Call & Growth ETF (FYLG) and First Trust BuyWrite Income ETF (FTHI).
FYLG and FTHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FYLG is a passively managed fund by Global X that tracks the performance of the Cboe S&P Financials Select Sector Half BuyWrite Index - Benchmark TR Gross. It was launched on Nov 21, 2022. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FYLG or FTHI.
Correlation
The correlation between FYLG and FTHI is 0.71, 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.
Performance
FYLG vs. FTHI - Performance Comparison
Key characteristics
FYLG:
2.16
FTHI:
2.35
FYLG:
3.06
FTHI:
3.08
FYLG:
1.43
FTHI:
1.51
FYLG:
3.71
FTHI:
3.49
FYLG:
15.16
FTHI:
19.00
FYLG:
1.56%
FTHI:
1.06%
FYLG:
10.94%
FTHI:
8.61%
FYLG:
-14.47%
FTHI:
-32.65%
FYLG:
-4.08%
FTHI:
-2.09%
Returns By Period
In the year-to-date period, FYLG achieves a 21.61% return, which is significantly higher than FTHI's 19.53% return.
FYLG
21.61%
-1.43%
12.93%
22.67%
N/A
N/A
FTHI
19.53%
0.35%
9.16%
19.65%
7.88%
7.70%
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FYLG vs. FTHI - Expense Ratio Comparison
FYLG has a 0.60% expense ratio, which is lower than FTHI's 0.85% expense ratio.
Risk-Adjusted Performance
FYLG vs. FTHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Financials Covered Call & Growth ETF (FYLG) and First Trust BuyWrite Income ETF (FTHI). 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.
Dividends
FYLG vs. FTHI - Dividend Comparison
FYLG's dividend yield for the trailing twelve months is around 4.94%, less than FTHI's 9.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FYLG Global X Financials Covered Call & Growth ETF | 4.94% | 5.23% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTHI First Trust BuyWrite Income ETF | 9.23% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.02% | 4.43% | 4.98% | 3.96% |
Drawdowns
FYLG vs. FTHI - Drawdown Comparison
The maximum FYLG drawdown since its inception was -14.47%, smaller than the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for FYLG and FTHI. For additional features, visit the drawdowns tool.
Volatility
FYLG vs. FTHI - Volatility Comparison
Global X Financials Covered Call & Growth ETF (FYLG) has a higher volatility of 4.11% compared to First Trust BuyWrite Income ETF (FTHI) at 2.90%. This indicates that FYLG's price experiences larger fluctuations and is considered to be riskier than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.