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IPDP vs. FTHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IPDP and FTHI 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.


-0.50.00.51.00.8

Performance

IPDP vs. FTHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dividend Performers ETF (IPDP) and First Trust BuyWrite Income ETF (FTHI). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
7.24%
9.16%
IPDP
FTHI

Key characteristics

Sharpe Ratio

IPDP:

1.39

FTHI:

2.35

Sortino Ratio

IPDP:

1.95

FTHI:

3.08

Omega Ratio

IPDP:

1.25

FTHI:

1.51

Calmar Ratio

IPDP:

2.41

FTHI:

3.49

Martin Ratio

IPDP:

8.26

FTHI:

19.00

Ulcer Index

IPDP:

2.42%

FTHI:

1.06%

Daily Std Dev

IPDP:

14.41%

FTHI:

8.61%

Max Drawdown

IPDP:

-31.85%

FTHI:

-32.65%

Current Drawdown

IPDP:

-7.37%

FTHI:

-2.09%

Returns By Period

In the year-to-date period, IPDP achieves a 18.22% return, which is significantly lower than FTHI's 19.53% return.


IPDP

YTD

18.22%

1M

-3.77%

6M

7.25%

1Y

19.00%

5Y*

N/A

10Y*

N/A

FTHI

YTD

19.53%

1M

0.35%

6M

9.16%

1Y

19.65%

5Y*

7.88%

10Y*

7.70%

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IPDP vs. FTHI - Expense Ratio Comparison

IPDP has a 1.52% expense ratio, which is higher than FTHI's 0.85% expense ratio.


IPDP
Dividend Performers ETF
Expense ratio chart for IPDP: current value at 1.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.52%
Expense ratio chart for FTHI: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%

Risk-Adjusted Performance

IPDP vs. FTHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dividend Performers ETF (IPDP) and First Trust BuyWrite Income ETF (FTHI). 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.


Sharpe ratio
The chart of Sharpe ratio for IPDP, currently valued at 1.39, compared to the broader market0.002.004.001.392.35
The chart of Sortino ratio for IPDP, currently valued at 1.95, compared to the broader market-2.000.002.004.006.008.0010.001.953.08
The chart of Omega ratio for IPDP, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.51
The chart of Calmar ratio for IPDP, currently valued at 2.41, compared to the broader market0.005.0010.0015.002.413.49
The chart of Martin ratio for IPDP, currently valued at 8.26, compared to the broader market0.0020.0040.0060.0080.00100.008.2619.00
IPDP
FTHI

The current IPDP Sharpe Ratio is 1.39, which is lower than the FTHI Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of IPDP and FTHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.39
2.35
IPDP
FTHI

Dividends

IPDP vs. FTHI - Dividend Comparison

IPDP's dividend yield for the trailing twelve months is around 3.78%, less than FTHI's 9.23% yield.


TTM2023202220212020201920182017201620152014
IPDP
Dividend Performers ETF
3.78%1.88%2.85%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FTHI
First Trust BuyWrite Income ETF
9.23%8.50%9.06%4.37%4.76%4.21%4.76%4.02%4.43%4.98%3.96%

Drawdowns

IPDP vs. FTHI - Drawdown Comparison

The maximum IPDP drawdown since its inception was -31.85%, roughly equal to the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for IPDP and FTHI. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.37%
-2.09%
IPDP
FTHI

Volatility

IPDP vs. FTHI - Volatility Comparison

Dividend Performers ETF (IPDP) has a higher volatility of 4.51% compared to First Trust BuyWrite Income ETF (FTHI) at 2.90%. This indicates that IPDP's price experiences larger fluctuations and is considered to be riskier than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.51%
2.90%
IPDP
FTHI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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