GSIB vs. FTXO
Compare and contrast key facts about Themes Global Systemically Important Banks ETF (GSIB) and First Trust Nasdaq Bank ETF (FTXO).
GSIB and FTXO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSIB is an actively managed fund by Themes. It was launched on Dec 14, 2023. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSIB or FTXO.
Correlation
The correlation between GSIB and FTXO is 0.66, 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
GSIB vs. FTXO - Performance Comparison
Key characteristics
GSIB:
1.07
FTXO:
0.10
GSIB:
1.41
FTXO:
0.33
GSIB:
1.20
FTXO:
1.05
GSIB:
1.25
FTXO:
0.10
GSIB:
7.15
FTXO:
0.42
GSIB:
2.91%
FTXO:
6.47%
GSIB:
19.49%
FTXO:
27.67%
GSIB:
-16.70%
FTXO:
-55.25%
GSIB:
-16.70%
FTXO:
-25.00%
Returns By Period
In the year-to-date period, GSIB achieves a -0.94% return, which is significantly higher than FTXO's -17.28% return.
GSIB
-0.94%
-14.30%
5.27%
20.65%
N/A
N/A
FTXO
-17.28%
-14.04%
-8.32%
2.35%
12.54%
N/A
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GSIB vs. FTXO - Expense Ratio Comparison
GSIB has a 0.35% expense ratio, which is lower than FTXO's 0.60% expense ratio.
Risk-Adjusted Performance
GSIB vs. FTXO — Risk-Adjusted Performance Rank
GSIB
FTXO
GSIB vs. FTXO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Global Systemically Important Banks ETF (GSIB) and First Trust Nasdaq Bank ETF (FTXO). 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
GSIB vs. FTXO - Dividend Comparison
GSIB's dividend yield for the trailing twelve months is around 1.68%, less than FTXO's 2.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSIB Themes Global Systemically Important Banks ETF | 1.68% | 1.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTXO First Trust Nasdaq Bank ETF | 2.71% | 2.18% | 3.20% | 2.94% | 1.64% | 2.74% | 2.54% | 3.52% | 1.09% | 0.17% |
Drawdowns
GSIB vs. FTXO - Drawdown Comparison
The maximum GSIB drawdown since its inception was -16.70%, smaller than the maximum FTXO drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for GSIB and FTXO. For additional features, visit the drawdowns tool.
Volatility
GSIB vs. FTXO - Volatility Comparison
The current volatility for Themes Global Systemically Important Banks ETF (GSIB) is 10.85%, while First Trust Nasdaq Bank ETF (FTXO) has a volatility of 14.33%. This indicates that GSIB experiences smaller price fluctuations and is considered to be less risky than FTXO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.