HIDV vs. FTA
HIDV (AB US High Dividend ETF) and FTA (First Trust Large Cap Value AlphaDEX Fund) are both Large Cap Value Equities funds. HIDV is actively managed, while FTA is passively managed. Over the past 3 years, HIDV returned 19.51%/yr vs 15.29%/yr for FTA. Their 0.71 correlation means they have sometimes moved together and sometimes differently. HIDV charges 0.45%/yr vs 0.60%/yr for FTA.
Performance
HIDV vs. FTA - Performance Comparison
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Returns By Period
In the year-to-date period, HIDV achieves a 12.88% return, which is significantly lower than FTA's 18.18% return.
HIDV
- 1D
- 0.31%
- 1M
- 2.17%
- 6M
- 10.25%
- YTD
- 12.88%
- 1Y
- 24.60%
- 3Y*
- 19.51%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 22.21%
FTA
- 1D
- -0.29%
- 1M
- 2.70%
- 6M
- 12.86%
- YTD
- 18.18%
- 1Y
- 31.73%
- 3Y*
- 15.29%
- 5Y*
- 11.21%
- 10Y*
- 11.60%
- ALL TIME*
- 8.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.06M | $3.30M | $2.95M | |
| $537.75K | $786.95K | $1.11M |
HIDV vs. FTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HIDV AB US High Dividend ETF | 12.88% | 14.64% | 26.01% | 20.30% |
FTA First Trust Large Cap Value AlphaDEX Fund | 18.18% | 14.94% | 10.13% | 11.38% |
Correlation
The correlation between HIDV and FTA is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2023 | 0.71 |
Over the past year, the correlation between HIDV and FTA has dropped to 0.50 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
HIDV vs. FTA — Risk / Return Rank
HIDV
FTA
HIDV vs. FTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US High Dividend ETF (HIDV) and First Trust Large Cap Value AlphaDEX Fund (FTA). 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.
| HIDV | FTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.46 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 5.93 | -3.52 |
| Martin ratioReturn relative to average drawdown | 10.26 | 20.26 | -10.00 |
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Drawdowns
HIDV vs. FTA - Drawdown Comparison
The maximum HIDV drawdown since its inception was -18.76%, smaller than the maximum FTA drawdown of -62.45%. Use the drawdown chart below to compare losses from any high point for HIDV and FTA.
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Drawdown Indicators
| HIDV | FTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.76% | -62.45% | +43.69% |
Max Drawdown (1Y)Largest decline over 1 year | -9.57% | -5.13% | -4.44% |
Max Drawdown (3Y)Largest decline over 3 years | -18.76% | -18.73% | -0.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.80% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.97% | — |
Current DrawdownCurrent decline from peak | -0.44% | -1.56% | +1.12% |
Average DrawdownAverage peak-to-trough decline | -2.02% | -8.97% | +6.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | 1.50% | +0.75% |
Volatility
HIDV vs. FTA - Volatility Comparison
The current volatility for AB US High Dividend ETF (HIDV) is 3.22%, while First Trust Large Cap Value AlphaDEX Fund (FTA) has a volatility of 3.93%. This indicates that HIDV experiences smaller price fluctuations and is considered to be less risky than FTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIDV | FTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.22% | 3.93% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 9.63% | 8.04% | +1.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.43% | 11.61% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.46% | 16.23% | -1.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.46% | 19.85% | -5.39% |
HIDV vs. FTA - Expense Ratio Comparison
HIDV has a 0.45% expense ratio, which is lower than FTA's 0.60% expense ratio.
Dividends
HIDV vs. FTA - Dividend Comparison
HIDV's dividend yield for the trailing twelve months is around 2.29%, more than FTA's 1.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTA First Trust Large Cap Value AlphaDEX Fund | 1.61% | 1.89% | 2.02% | 2.10% | 2.15% | 1.54% | 2.03% | 1.88% | 2.28% | 1.53% | 1.56% | 2.05% |
HIDV AB US High Dividend ETF | 2.29% | 2.22% | 2.29% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HIDV and FTA have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTA has higher volatility (3.93%) compared to HIDV (3.22%). In terms of maximum drawdown, HIDV dropped -18.76% vs FTA's -62.45%.
On 3-year performance, HIDV leads with 19.51% vs 15.29% for FTA. On fees, HIDV is cheaper at 0.45% per year. On volatility, HIDV has been the lower-risk option at 3.22%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, HIDV has performed better with a 19.51% return vs 15.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HIDV is cheaper with a 0.45% expense ratio, compared with 0.60% for FTA.
HIDV has the higher dividend yield at 2.29%, compared with 1.61% for FTA.
They also come from different issuers: AllianceBernstein and First Trust. Their fees differ too: 0.45% for HIDV and 0.60% for FTA.
FTA currently has the higher Sharpe Ratio (2.63 vs 1.86), 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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