Correlation
The correlation between ISHP and EBIZ is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
ISHP vs. EBIZ
Compare and contrast key facts about First Trust S-Network Global E-Commerce ETF (ISHP) and Global X E-commerce ETF (EBIZ).
ISHP and EBIZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISHP is a passively managed fund by First Trust that tracks the performance of the S-Network Global E-Commerce Index. It was launched on Sep 20, 2016. EBIZ is a passively managed fund by Global X that tracks the performance of the Solactive E-commerce Index. It was launched on Nov 27, 2018. Both ISHP and EBIZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ISHP or EBIZ.
Performance
ISHP vs. EBIZ - Performance Comparison
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Key characteristics
ISHP:
1.16
EBIZ:
1.02
ISHP:
1.71
EBIZ:
1.50
ISHP:
1.23
EBIZ:
1.19
ISHP:
1.06
EBIZ:
0.65
ISHP:
4.90
EBIZ:
3.38
ISHP:
5.36%
EBIZ:
7.72%
ISHP:
22.97%
EBIZ:
26.09%
ISHP:
-47.57%
EBIZ:
-61.58%
ISHP:
-4.83%
EBIZ:
-20.11%
Returns By Period
The year-to-date returns for both investments are quite close, with ISHP having a 7.20% return and EBIZ slightly higher at 7.33%.
ISHP
7.20%
4.44%
1.91%
26.53%
15.58%
11.64%
N/A
EBIZ
7.33%
5.96%
2.91%
26.34%
17.74%
7.00%
N/A
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ISHP vs. EBIZ - Expense Ratio Comparison
ISHP has a 0.60% expense ratio, which is higher than EBIZ's 0.50% expense ratio.
Risk-Adjusted Performance
ISHP vs. EBIZ — Risk-Adjusted Performance Rank
ISHP
EBIZ
ISHP vs. EBIZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust S-Network Global E-Commerce ETF (ISHP) and Global X E-commerce ETF (EBIZ). 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.
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Dividends
ISHP vs. EBIZ - Dividend Comparison
ISHP's dividend yield for the trailing twelve months is around 0.95%, more than EBIZ's 0.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISHP First Trust S-Network Global E-Commerce ETF | 0.95% | 1.02% | 1.58% | 0.76% | 0.52% | 0.82% | 1.16% | 0.89% | 1.64% | 0.23% |
EBIZ Global X E-commerce ETF | 0.22% | 0.23% | 0.00% | 0.10% | 0.57% | 0.84% | 0.18% | 0.00% | 0.00% | 0.00% |
Drawdowns
ISHP vs. EBIZ - Drawdown Comparison
The maximum ISHP drawdown since its inception was -47.57%, smaller than the maximum EBIZ drawdown of -61.58%. Use the drawdown chart below to compare losses from any high point for ISHP and EBIZ.
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Volatility
ISHP vs. EBIZ - Volatility Comparison
The current volatility for First Trust S-Network Global E-Commerce ETF (ISHP) is 5.79%, while Global X E-commerce ETF (EBIZ) has a volatility of 6.79%. This indicates that ISHP experiences smaller price fluctuations and is considered to be less risky than EBIZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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