IGLD vs. BGLD
Compare and contrast key facts about FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD).
IGLD and BGLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGLD is an actively managed fund by First Trust. It was launched on Mar 2, 2021. BGLD is an actively managed fund by First Trust. It was launched on Jan 20, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGLD or BGLD.
Correlation
The correlation between IGLD and BGLD is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IGLD vs. BGLD - Performance Comparison
Key characteristics
IGLD:
1.75
BGLD:
2.28
IGLD:
2.37
BGLD:
3.05
IGLD:
1.32
BGLD:
1.44
IGLD:
2.73
BGLD:
4.55
IGLD:
9.52
BGLD:
18.10
IGLD:
2.14%
BGLD:
1.30%
IGLD:
11.65%
BGLD:
10.34%
IGLD:
-18.59%
BGLD:
-16.19%
IGLD:
-4.14%
BGLD:
-1.81%
Returns By Period
In the year-to-date period, IGLD achieves a 0.28% return, which is significantly lower than BGLD's 0.60% return.
IGLD
0.28%
0.01%
7.70%
20.63%
N/A
N/A
BGLD
0.60%
-0.26%
10.90%
23.46%
N/A
N/A
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IGLD vs. BGLD - Expense Ratio Comparison
IGLD has a 0.85% expense ratio, which is lower than BGLD's 0.90% expense ratio.
Risk-Adjusted Performance
IGLD vs. BGLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD). 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
IGLD vs. BGLD - Dividend Comparison
IGLD's dividend yield for the trailing twelve months is around 20.77%, less than BGLD's 24.89% yield.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
FT Cboe Vest Gold Strategy Target Income ETF | 20.77% | 20.81% | 7.85% | 4.45% | 2.24% |
FT Cboe Vest Gold Strategy Quarterly Buffer ETF | 24.89% | 25.04% | 10.49% | 0.40% | 0.00% |
Drawdowns
IGLD vs. BGLD - Drawdown Comparison
The maximum IGLD drawdown since its inception was -18.59%, which is greater than BGLD's maximum drawdown of -16.19%. Use the drawdown chart below to compare losses from any high point for IGLD and BGLD. For additional features, visit the drawdowns tool.
Volatility
IGLD vs. BGLD - Volatility Comparison
FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD) have volatilities of 3.24% and 3.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.