HDV vs. FAI
HDV (iShares Core High Dividend ETF) and FAI (First Trust Bloomberg Artificial Intelligence ETF) are both exchange-traded funds - HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index, while FAI is a Technology Equities fund tracking the Bloomberg Artificial Intelligence Index. Both are passively managed. Over the past year, HDV returned 19.54% vs 66.20% for FAI. At a correlation of -0.10, they often move in opposite directions. HDV charges 0.08%/yr vs 0.65%/yr for FAI.
Performance
HDV vs. FAI - Performance Comparison
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Returns By Period
In the year-to-date period, HDV achieves a 12.57% return, which is significantly lower than FAI's 34.05% return.
HDV
- 1D
- 0.15%
- 1M
- -2.65%
- YTD
- 12.57%
- 6M
- 12.67%
- 1Y
- 19.54%
- 3Y*
- 14.97%
- 5Y*
- 10.90%
- 10Y*
- 9.31%
FAI
- 1D
- -0.48%
- 1M
- 7.16%
- YTD
- 34.05%
- 6M
- 33.89%
- 1Y
- 66.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HDV vs. FAI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HDV iShares Core High Dividend ETF | 12.57% | 11.90% | -4.56% |
FAI First Trust Bloomberg Artificial Intelligence ETF | 34.05% | 33.37% | 2.28% |
Correlation
The correlation between HDV and FAI is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2024 | -0.10 |
The correlation between HDV and FAI shifts across timeframes, from -0.21 (1 year) to -0.10 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HDV vs. FAI — Risk / Return Rank
HDV
FAI
HDV vs. FAI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core High Dividend ETF (HDV) and First Trust Bloomberg Artificial Intelligence ETF (FAI). 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.
| HDV | FAI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.40 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 3.53 | +0.26 |
| Martin ratioReturn relative to average drawdown | 10.39 | 11.01 | -0.62 |
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Drawdowns
HDV vs. FAI - Drawdown Comparison
The maximum HDV drawdown since its inception was -37.04%, which is greater than FAI's maximum drawdown of -27.82%. Use the drawdown chart below to compare losses from any high point for HDV and FAI.
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Drawdown Indicators
| HDV | FAI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.04% | -27.82% | -9.22% |
Max Drawdown (1Y)Largest decline over 1 year | -5.18% | -18.84% | +13.66% |
Max Drawdown (3Y)Largest decline over 3 years | -10.49% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.04% | — | — |
Current DrawdownCurrent decline from peak | -2.65% | -4.79% | +2.14% |
Average DrawdownAverage peak-to-trough decline | -3.08% | -5.36% | +2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 6.03% | -4.14% |
Volatility
HDV vs. FAI - Volatility Comparison
The current volatility for iShares Core High Dividend ETF (HDV) is 3.37%, while First Trust Bloomberg Artificial Intelligence ETF (FAI) has a volatility of 13.67%. This indicates that HDV experiences smaller price fluctuations and is considered to be less risky than FAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HDV | FAI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.37% | 13.67% | -10.30% |
Volatility (6M)Calculated over the trailing 6-month period | 7.52% | 22.18% | -14.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.87% | 27.02% | -17.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.80% | 30.90% | -18.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.74% | 30.90% | -15.16% |
HDV vs. FAI - Expense Ratio Comparison
HDV has a 0.08% expense ratio, which is lower than FAI's 0.65% expense ratio.
Dividends
HDV vs. FAI - Dividend Comparison
HDV's dividend yield for the trailing twelve months is around 2.94%, while FAI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAI First Trust Bloomberg Artificial Intelligence ETF | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HDV iShares Core High Dividend ETF | 2.94% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
Frequently Asked Questions
HDV and FAI 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.
FAI has higher volatility (13.67%) compared to HDV (3.37%). In terms of maximum drawdown, HDV dropped -37.04% vs FAI's -27.82%.
On 1-year performance, FAI leads with 66.20% vs 19.54% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 3.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FAI has performed better with a 66.20% return vs 19.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HDV is cheaper with a 0.08% expense ratio, compared with 0.65% for FAI.
HDV has the higher dividend yield at 2.94%, compared with 0.00% for FAI.
HDV is categorized as Dividend, while FAI is Technology Equities. HDV tracks Morningstar Dividend Yield Focus Index, while FAI tracks Bloomberg Artificial Intelligence Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.08% for HDV and 0.65% for FAI.
FAI currently has the higher Sharpe Ratio (2.47 vs 1.99), 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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