LEXI vs. ESBG

Last updated Aug 2, 2026

LEXI (Alexis Practical Tactical ETF) and ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) are both Tactical Allocation funds. Both are actively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. LEXI charges 1.00%/yr vs 0.95%/yr for ESBG.

Performance

LEXI vs. ESBG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alexis Practical Tactical ETF (LEXI) and First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LEXI achieves a 12.61% return, which is significantly higher than ESBG's -2.79% return.

LEXI

• 1D: 0.29%
• 1M: -0.62%
• 6M: 9.52%
• YTD: 12.61%
• 1Y: 24.30%
• 3Y*: 17.81%
• 5Y*: 10.73%
• 10Y*: —
• ALL TIME*: 10.92%

ESBG

• 1D: -0.46%
• 1M: -2.07%
• 6M: -11.15%
• YTD: -2.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	$3.83K	$6.10K	$15.77K
LEXI Alexis Practical Tactical ETF	$331.87K	$523.62K	$480.58K

LEXI vs. ESBG - Yearly Performance Comparison

	2026 (YTD)	2025
LEXI Alexis Practical Tactical ETF	12.61%	3.71%
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	-2.79%	5.67%

Correlation

The correlation between LEXI and ESBG is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.67

Return for Risk

LEXI vs. ESBG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LEXI

LEXI Risk / Return Rank: 85
LEXI Sharpe Ratio Rank: 87
LEXI Sortino Ratio Rank: 87
LEXI Omega Ratio Rank: 85
LEXI Calmar Ratio Rank: 80
LEXI Martin Ratio Rank: 88

ESBG

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LEXI vs. ESBG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alexis Practical Tactical ETF (LEXI) and First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG). 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.

	LEXI	ESBG	Difference
Sharpe ratio: Return per unit of total volatility	2.07	—	—
Sortino ratio: Return per unit of downside risk	2.96	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.89	—	—
Martin ratio: Return relative to average drawdown	13.41	—	—

Drawdowns

LEXI vs. ESBG - Drawdown Comparison

The maximum LEXI drawdown since its inception was -22.01%, which is greater than ESBG's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for LEXI and ESBG.

Drawdown Indicators

	LEXI	ESBG	Difference
Max Drawdown Largest peak-to-trough decline	-22.01%	-18.84%	-3.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.12%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.94%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.01%	—	—
Current Drawdown Current decline from peak	-1.41%	-17.57%	+16.16%
Average Drawdown Average peak-to-trough decline	-5.06%	-8.52%	+3.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	—	—

Volatility

Volatility by Period

	LEXI	ESBG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.38%	25.17%	-13.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.60%	25.17%	-10.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.56%	25.17%	-10.61%

LEXI vs. ESBG - Expense Ratio Comparison

LEXI has a 1.00% expense ratio, which is higher than ESBG's 0.95% expense ratio.

Dividends

LEXI vs. ESBG - Dividend Comparison

LEXI's dividend yield for the trailing twelve months is around 0.84%, less than ESBG's 1.12% yield.

Position	TTM	2025	2024	2023	2022	2021
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF	1.12%	0.24%	0.00%	0.00%	0.00%	0.00%
LEXI Alexis Practical Tactical ETF	0.84%	0.94%	2.17%	1.34%	0.95%	0.23%

Frequently Asked Questions

Can I hold both LEXI and ESBG in my portfolio?

LEXI and ESBG have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LEXI or ESBG?

On fees, ESBG is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LEXI or ESBG?

ESBG is cheaper with a 0.95% expense ratio, compared with 1.00% for LEXI.

Which ETF pays a higher dividend yield, LEXI or ESBG?

ESBG has the higher dividend yield at 1.12%, compared with 0.84% for LEXI.

What is the main difference between LEXI and ESBG?

They also come from different issuers: Alexis and First Trust. Their fees differ too: 1.00% for LEXI and 0.95% for ESBG.