HISF vs. VRIG
Compare and contrast key facts about First Trust High Income Strategic Focus ETF (HISF) and Invesco Variable Rate Investment Grade ETF (VRIG).
HISF and VRIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HISF is an actively managed fund by First Trust. It was launched on Aug 13, 2014. VRIG is an actively managed fund by Invesco. It was launched on Sep 22, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HISF or VRIG.
Correlation
The correlation between HISF and VRIG is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HISF vs. VRIG - Performance Comparison
Key characteristics
HISF:
0.79
VRIG:
9.06
HISF:
1.13
VRIG:
19.28
HISF:
1.14
VRIG:
4.45
HISF:
0.46
VRIG:
32.77
HISF:
2.12
VRIG:
237.35
HISF:
1.66%
VRIG:
0.03%
HISF:
4.45%
VRIG:
0.72%
HISF:
-27.86%
VRIG:
-13.04%
HISF:
-2.76%
VRIG:
0.00%
Returns By Period
In the year-to-date period, HISF achieves a 0.19% return, which is significantly lower than VRIG's 0.26% return.
HISF
0.19%
-0.13%
1.32%
3.50%
0.93%
2.68%
VRIG
0.26%
0.45%
2.85%
6.51%
3.54%
N/A
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HISF vs. VRIG - Expense Ratio Comparison
HISF has a 0.87% expense ratio, which is higher than VRIG's 0.30% expense ratio.
Risk-Adjusted Performance
HISF vs. VRIG — Risk-Adjusted Performance Rank
HISF
VRIG
HISF vs. VRIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust High Income Strategic Focus ETF (HISF) and Invesco Variable Rate Investment Grade ETF (VRIG). 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
HISF vs. VRIG - Dividend Comparison
HISF's dividend yield for the trailing twelve months is around 4.67%, less than VRIG's 6.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HISF First Trust High Income Strategic Focus ETF | 4.67% | 4.68% | 4.27% | 3.81% | 3.79% | 4.17% | 4.28% | 5.13% | 3.81% | 3.84% | 3.58% | 1.20% |
VRIG Invesco Variable Rate Investment Grade ETF | 5.55% | 6.08% | 5.96% | 2.39% | 0.77% | 1.56% | 3.13% | 2.89% | 2.31% | 0.60% | 0.00% | 0.00% |
Drawdowns
HISF vs. VRIG - Drawdown Comparison
The maximum HISF drawdown since its inception was -27.86%, which is greater than VRIG's maximum drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for HISF and VRIG. For additional features, visit the drawdowns tool.
Volatility
HISF vs. VRIG - Volatility Comparison
First Trust High Income Strategic Focus ETF (HISF) has a higher volatility of 1.47% compared to Invesco Variable Rate Investment Grade ETF (VRIG) at 0.17%. This indicates that HISF's price experiences larger fluctuations and is considered to be riskier than VRIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.