ISHP vs. TMH

Last updated Jul 14, 2026

ISHP (First Trust S-Network Global E-Commerce ETF) and TMH (Toyota Motor Corporation ADRhedged) are both Consumer Discretionary Equities funds - ISHP tracks the S-Network Global E-Commerce Index while TMH tracks the Toyota Motor Corporation Local Shares Total Return. Both are passively managed. A 0.53 correlation means they provide meaningful diversification when combined. ISHP charges 0.60%/yr vs 0.19%/yr for TMH.

Performance

ISHP vs. TMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S-Network Global E-Commerce ETF (ISHP) and Toyota Motor Corporation ADRhedged (TMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ISHP

• 1D: -0.45%
• 1M: 2.21%
• 6M: -15.90%
• YTD: -11.94%
• 1Y: -11.94%
• 3Y*: 8.13%
• 5Y*: 1.58%
• 10Y*: —

TMH

• 1D: -0.46%
• 1M: 1.17%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ISHP vs. TMH - Yearly Performance Comparison

	2026 (YTD)
ISHP First Trust S-Network Global E-Commerce ETF	1.23%
TMH Toyota Motor Corporation ADRhedged	-4.97%

Correlation

The correlation between ISHP and TMH is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.53

Return for Risk

ISHP vs. TMH — Risk / Return Rank

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

ISHP

ISHP Risk / Return Rank: 4
ISHP Sharpe Ratio Rank: 4
ISHP Sortino Ratio Rank: 4
ISHP Omega Ratio Rank: 4
ISHP Calmar Ratio Rank: 5
ISHP Martin Ratio Rank: 5

TMH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

ISHP vs. TMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S-Network Global E-Commerce ETF (ISHP) and Toyota Motor Corporation ADRhedged (TMH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ISHP	TMH	Difference
Sharpe ratio: Return per unit of total volatility	-0.68	—	—
Sortino ratio: Return per unit of downside risk	-0.84	—	—
Omega ratio: Gain probability vs. loss probability	0.90	—	—
Calmar ratio: Return relative to maximum drawdown	-0.48	—	—
Martin ratio: Return relative to average drawdown	-0.90	—	—

Drawdowns

ISHP vs. TMH - Drawdown Comparison

The maximum ISHP drawdown since its inception was -47.57%, which is greater than TMH's maximum drawdown of -10.32%. Use the drawdown chart below to compare losses from any high point for ISHP and TMH.

Drawdown Indicators

	ISHP	TMH	Difference
Max Drawdown Largest peak-to-trough decline	-47.57%	-10.32%	-37.25%
Max Drawdown (1Y) Largest decline over 1 year	-24.75%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-47.57%	—	—
Current Drawdown Current decline from peak	-19.10%	-5.48%	-13.62%
Average Drawdown Average peak-to-trough decline	-12.74%	-6.08%	-6.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.26%	—	—

Volatility

Volatility by Period

	ISHP	TMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.76%	26.47%	-8.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.27%	26.47%	+0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.04%	26.47%	-2.43%

ISHP vs. TMH - Expense Ratio Comparison

ISHP has a 0.60% expense ratio, which is higher than TMH's 0.19% expense ratio.

Dividends

ISHP vs. TMH - Dividend Comparison

ISHP's dividend yield for the trailing twelve months is around 1.18%, less than TMH's 5.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ISHP First Trust S-Network Global E-Commerce ETF	1.18%	1.34%	1.02%	1.58%	0.76%	0.53%	0.82%	1.16%	0.89%	1.65%	0.23%
TMH Toyota Motor Corporation ADRhedged	5.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ISHP and TMH in my portfolio?

ISHP and TMH have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISHP or TMH?

On fees, TMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ISHP or TMH?

TMH is cheaper with a 0.19% expense ratio, compared with 0.60% for ISHP.

Which ETF pays a higher dividend yield, ISHP or TMH?

TMH has the higher dividend yield at 5.01%, compared with 1.18% for ISHP.

What is the main difference between ISHP and TMH?

ISHP tracks S-Network Global E-Commerce Index, while TMH tracks Toyota Motor Corporation Local Shares Total Return. They also come from different issuers: First Trust and ADRhedged. Their fees differ too: 0.60% for ISHP and 0.19% for TMH.