LCO vs. FTBI
LCO (LOGIQ Contrarian Opportunities ETF) and FTBI (First Trust Balanced Income ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. LCO charges 1.13%/yr vs 0.97%/yr for FTBI.
Performance
LCO vs. FTBI - Performance Comparison
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Returns By Period
LCO
- 1D
- -2.51%
- 1M
- -8.49%
- 6M
- -2.54%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTBI
- 1D
- -0.05%
- 1M
- -0.47%
- 6M
- 3.86%
- YTD
- 5.81%
- 1Y
- 14.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LCO vs. FTBI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
LCO LOGIQ Contrarian Opportunities ETF | 2.51% |
FTBI First Trust Balanced Income ETF | 4.69% |
Correlation
The correlation between LCO and FTBI is 0.70, 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 Jan 8, 2026 | 0.70 |
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Return for Risk
LCO vs. FTBI — Risk / Return Rank
LCO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FTBI
LCO vs. FTBI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LOGIQ Contrarian Opportunities ETF (LCO) and First Trust Balanced Income ETF (FTBI). 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.
| LCO | FTBI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.68 | — |
| Martin ratioReturn relative to average drawdown | — | 11.73 | — |
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Drawdowns
LCO vs. FTBI - Drawdown Comparison
The maximum LCO drawdown since its inception was -11.40%, which is greater than FTBI's maximum drawdown of -5.34%. Use the drawdown chart below to compare losses from any high point for LCO and FTBI.
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Drawdown Indicators
| LCO | FTBI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.40% | -5.34% | -6.06% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.34% | — |
Current DrawdownCurrent decline from peak | -11.40% | -0.92% | -10.48% |
Average DrawdownAverage peak-to-trough decline | -5.00% | -0.64% | -4.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.22% | — |
Volatility
LCO vs. FTBI - Volatility Comparison
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Volatility by Period
| LCO | FTBI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.75% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.09% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.41% | 7.49% | +17.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.41% | 7.28% | +18.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.41% | 7.28% | +18.13% |
LCO vs. FTBI - Expense Ratio Comparison
LCO has a 1.13% expense ratio, which is higher than FTBI's 0.97% expense ratio.
Dividends
LCO vs. FTBI - Dividend Comparison
LCO has not paid dividends to shareholders, while FTBI's dividend yield for the trailing twelve months is around 8.07%.
| Position | TTM | 2025 |
|---|---|---|
FTBI First Trust Balanced Income ETF | 8.07% | 4.76% |
LCO LOGIQ Contrarian Opportunities ETF | 0.00% | 0.00% |
Frequently Asked Questions
LCO and FTBI have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FTBI is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FTBI is cheaper with a 0.97% expense ratio, compared with 1.13% for LCO.
FTBI has the higher dividend yield at 8.07%, compared with 0.00% for LCO.
They also come from different issuers: LOGIQ and First Trust. Their fees differ too: 1.13% for LCO and 0.97% for FTBI.
Find the right allocation for LCO and FTBI
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