HISF vs. EAOM

Last updated Jun 3, 2026

HISF (First Trust High Income Strategic Focus ETF) and EAOM (iShares ESG Aware Moderate Allocation ETF) are both Diversified Portfolio funds. HISF is actively managed, while EAOM is passively managed. Over the past year, HISF returned 5.97% vs 15.36% for EAOM. A 0.66 correlation means they provide meaningful diversification when combined. HISF charges 0.87%/yr vs 0.18%/yr for EAOM.

Performance

HISF vs. EAOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust High Income Strategic Focus ETF (HISF) and iShares ESG Aware Moderate Allocation ETF (EAOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HISF achieves a 0.24% return, which is significantly lower than EAOM's 5.55% return.

HISF

• 1D: 0.03%
• 1M: 0.18%
• YTD: 0.24%
• 6M: 0.50%
• 1Y: 5.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EAOM

• 1D: 0.21%
• 1M: 2.41%
• YTD: 5.55%
• 6M: 5.99%
• 1Y: 15.36%
• 3Y*: 10.63%
• 5Y*: 4.49%
• 10Y*: —

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

HISF vs. EAOM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HISF First Trust High Income Strategic Focus ETF	0.24%	8.39%	3.30%
EAOM iShares ESG Aware Moderate Allocation ETF	5.55%	12.90%	6.72%

Correlation

The correlation between HISF and EAOM is 0.72, 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	0.72
Correlation (All Time) Calculated using the full available price history since Feb 29, 2024	0.66

The correlation between HISF and EAOM has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.

Return for Risk

HISF vs. EAOM — Risk / Return Rank

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

HISF

HISF Risk / Return Rank: 49
HISF Sharpe Ratio Rank: 52
HISF Sortino Ratio Rank: 55
HISF Omega Ratio Rank: 54
HISF Calmar Ratio Rank: 40
HISF Martin Ratio Rank: 44

EAOM

EAOM Risk / Return Rank: 71
EAOM Sharpe Ratio Rank: 72
EAOM Sortino Ratio Rank: 76
EAOM Omega Ratio Rank: 75
EAOM Calmar Ratio Rank: 59
EAOM Martin Ratio Rank: 70

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.

HISF vs. EAOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust High Income Strategic Focus ETF (HISF) and iShares ESG Aware Moderate Allocation ETF (EAOM). 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.

	HISF	EAOM	Difference
Sharpe ratio Return per unit of total volatility	1.81	2.40	-0.59
Sortino ratio Return per unit of downside risk	2.66	3.47	-0.81
Omega ratio Gain probability vs. loss probability	1.34	1.46	-0.12
Calmar ratio Return relative to maximum drawdown	2.00	2.98	-0.98
Martin ratio Return relative to average drawdown	7.30	13.17	-5.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HISF vs. EAOM - Sharpe Ratio Comparison

The current HISF Sharpe Ratio is 1.81, which is comparable to the EAOM Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of HISF and EAOM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HISF	EAOM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	2.40	-0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.34	0.77	+0.57

Drawdowns

HISF vs. EAOM - Drawdown Comparison

The maximum HISF drawdown since its inception was -3.86%, smaller than the maximum EAOM drawdown of -20.73%. Use the drawdown chart below to compare losses from any high point for HISF and EAOM.

Drawdown Indicators

	HISF	EAOM	Difference
Max Drawdown Largest peak-to-trough decline	-3.86%	-20.73%	+16.87%
Max Drawdown (1Y) Largest decline over 1 year	-2.90%	-5.17%	+2.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-7.63%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.73%	—
Current Drawdown Current decline from peak	-0.99%	0.00%	-0.99%
Average Drawdown Average peak-to-trough decline	-0.89%	-4.97%	+4.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	1.17%	-0.38%

Volatility

HISF vs. EAOM - Volatility Comparison

The current volatility for First Trust High Income Strategic Focus ETF (HISF) is 1.23%, while iShares ESG Aware Moderate Allocation ETF (EAOM) has a volatility of 2.30%. This indicates that HISF experiences smaller price fluctuations and is considered to be less risky than EAOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HISF	EAOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.23%	2.30%	-1.07%
Volatility (6M) Calculated over the trailing 6-month period	2.62%	5.24%	-2.62%
Volatility (1Y) Calculated over the trailing 1-year period	3.32%	6.42%	-3.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.95%	8.07%	-4.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.95%	7.91%	-3.96%

HISF vs. EAOM - Expense Ratio Comparison

HISF has a 0.87% expense ratio, which is higher than EAOM's 0.18% expense ratio.

Dividends

HISF vs. EAOM - Dividend Comparison

HISF's dividend yield for the trailing twelve months is around 4.99%, more than EAOM's 2.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EAOM iShares ESG Aware Moderate Allocation ETF	2.77%	2.89%	2.89%	2.70%	1.93%	1.32%	1.02%
HISF First Trust High Income Strategic Focus ETF	4.99%	4.69%	3.92%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HISF and EAOM in my portfolio?

HISF and EAOM have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HISF or EAOM?

EAOM has higher volatility (2.30%) compared to HISF (1.23%). In terms of maximum drawdown, HISF dropped -3.86% vs EAOM's -20.73%.

Which ETF is better, HISF or EAOM?

On 1-year performance, EAOM leads with 15.36% vs 5.97% for HISF. On fees, EAOM is cheaper at 0.18% per year. On volatility, HISF has been the lower-risk option at 1.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HISF or EAOM?

Over the 1-year period, EAOM has performed better with a 15.36% return vs 5.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HISF or EAOM?

EAOM is cheaper with a 0.18% expense ratio, compared with 0.87% for HISF.

Which ETF pays a higher dividend yield, HISF or EAOM?

HISF has the higher dividend yield at 4.99%, compared with 2.77% for EAOM.

What is the main difference between HISF and EAOM?

They also come from different issuers: First Trust and iShares. Their fees differ too: 0.87% for HISF and 0.18% for EAOM.

Which has better risk-adjusted returns?

EAOM currently has the higher Sharpe Ratio (2.40 vs 1.81), 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.