GOP vs. FTIF

Last updated Jun 30, 2026

GOP (Unusual Whales Subversive Republican Trading ETF) and FTIF (First Trust Bloomberg Inflation Sensitive Equity ETF) are both Large Cap Blend Equities funds. GOP is actively managed, while FTIF is passively managed. Over the past 3 years, GOP returned 20.59%/yr vs 11.96%/yr for FTIF. A 0.74 correlation means they provide meaningful diversification when combined. GOP charges 0.73%/yr vs 0.60%/yr for FTIF.

Performance

GOP vs. FTIF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unusual Whales Subversive Republican Trading ETF (GOP) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with GOP having a 19.65% return and FTIF slightly higher at 19.91%.

GOP

• 1D: -1.80%
• 1M: -0.27%
• YTD: 19.65%
• 6M: 18.65%
• 1Y: 31.34%
• 3Y*: 20.59%
• 5Y*: —
• 10Y*: —

FTIF

• 1D: -0.65%
• 1M: -2.10%
• YTD: 19.91%
• 6M: 18.60%
• 1Y: 28.07%
• 3Y*: 11.96%
• 5Y*: —
• 10Y*: —

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

GOP vs. FTIF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GOP Unusual Whales Subversive Republican Trading ETF	19.65%	17.12%	14.43%	19.03%
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	19.91%	7.79%	0.50%	12.31%

Correlation

The correlation between GOP and FTIF is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (All Time) Calculated using the full available price history since Mar 14, 2023	0.74

The correlation between GOP and FTIF shifts across timeframes, from 0.59 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GOP vs. FTIF — Risk / Return Rank

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

GOP

GOP Risk / Return Rank: 79
GOP Sharpe Ratio Rank: 75
GOP Sortino Ratio Rank: 73
GOP Omega Ratio Rank: 70
GOP Calmar Ratio Rank: 89
GOP Martin Ratio Rank: 88

FTIF

FTIF Risk / Return Rank: 73
FTIF Sharpe Ratio Rank: 66
FTIF Sortino Ratio Rank: 65
FTIF Omega Ratio Rank: 60
FTIF Calmar Ratio Rank: 92
FTIF Martin Ratio Rank: 82

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.

GOP vs. FTIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unusual Whales Subversive Republican Trading ETF (GOP) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). 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.

	GOP	FTIF	Difference
Sharpe ratio: Return per unit of total volatility	2.03	1.83	+0.20
Sortino ratio: Return per unit of downside risk	2.77	2.56	+0.20
Omega ratio: Gain probability vs. loss probability	1.35	1.31	+0.04
Calmar ratio: Return relative to maximum drawdown	4.49	5.16	-0.68
Martin ratio: Return relative to average drawdown	16.13	13.78	+2.35

GOP vs. FTIF - Sharpe Ratio Comparison

The current GOP Sharpe Ratio is 2.03, which is comparable to the FTIF Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of GOP and FTIF, 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

GOP vs. FTIF - Drawdown Comparison

The maximum GOP drawdown since its inception was -15.42%, smaller than the maximum FTIF drawdown of -27.83%. Use the drawdown chart below to compare losses from any high point for GOP and FTIF.

Drawdown Indicators

	GOP	FTIF	Difference
Max Drawdown Largest peak-to-trough decline	-15.42%	-27.83%	+12.41%
Max Drawdown (1Y) Largest decline over 1 year	-6.88%	-5.46%	-1.42%
Max Drawdown (3Y) Largest decline over 3 years	-15.42%	-27.83%	+12.41%
Current Drawdown Current decline from peak	-3.00%	-5.16%	+2.16%
Average Drawdown Average peak-to-trough decline	-2.51%	-5.94%	+3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	2.04%	-0.13%

Volatility

GOP vs. FTIF - Volatility Comparison

Unusual Whales Subversive Republican Trading ETF (GOP) has a higher volatility of 6.06% compared to First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) at 4.78%. This indicates that GOP's price experiences larger fluctuations and is considered to be riskier than FTIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOP	FTIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.06%	4.78%	+1.28%
Volatility (6M) Calculated over the trailing 6-month period	12.53%	10.91%	+1.62%
Volatility (1Y) Calculated over the trailing 1-year period	15.24%	15.48%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.29%	18.91%	-4.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.29%	18.91%	-4.62%

GOP vs. FTIF - Expense Ratio Comparison

GOP has a 0.73% expense ratio, which is higher than FTIF's 0.60% expense ratio.

Dividends

GOP vs. FTIF - Dividend Comparison

GOP's dividend yield for the trailing twelve months is around 0.57%, less than FTIF's 1.12% yield.

Position	TTM	2025	2024	2023
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	1.12%	1.45%	2.88%	1.55%
GOP Unusual Whales Subversive Republican Trading ETF	0.57%	0.69%	0.57%	1.01%

Frequently Asked Questions

Can I hold both GOP and FTIF in my portfolio?

GOP and FTIF have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOP or FTIF?

GOP has higher volatility (6.06%) compared to FTIF (4.78%). In terms of maximum drawdown, GOP dropped -15.42% vs FTIF's -27.83%.

Which ETF is better, GOP or FTIF?

On 3-year performance, GOP leads with 20.59% vs 11.96% for FTIF. On fees, FTIF is cheaper at 0.60% per year. On volatility, FTIF has been the lower-risk option at 4.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOP or FTIF?

Over the 3-year period, GOP has performed better with a 20.59% return vs 11.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOP or FTIF?

FTIF is cheaper with a 0.60% expense ratio, compared with 0.73% for GOP.

Which ETF pays a higher dividend yield, GOP or FTIF?

FTIF has the higher dividend yield at 1.12%, compared with 0.57% for GOP.

What is the main difference between GOP and FTIF?

They also come from different issuers: Tidal Investments and First Trust. Their fees differ too: 0.73% for GOP and 0.60% for FTIF.

Which has better risk-adjusted returns?

GOP currently has the higher Sharpe Ratio (2.03 vs 1.83), 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.