MATE vs. ESBG
MATE (Man Active Trend Enhanced ETF) and ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) are both Tactical Allocation funds. Both are actively managed. A 0.64 correlation means they provide meaningful diversification when combined. MATE charges 0.97%/yr vs 0.95%/yr for ESBG.
Performance
MATE vs. ESBG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MATE achieves a 20.78% return, which is significantly higher than ESBG's 5.13% return.
MATE
- 1D
- -0.07%
- 1M
- 7.70%
- YTD
- 20.78%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESBG
- 1D
- -1.16%
- 1M
- 1.36%
- YTD
- 5.13%
- 6M
- 6.51%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MATE vs. ESBG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MATE Man Active Trend Enhanced ETF | 20.78% | 4.27% |
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 5.13% | -0.11% |
Correlation
The correlation between MATE and ESBG is 0.64, 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 Dec 18, 2025 | 0.64 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MATE vs. ESBG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Man Active Trend Enhanced ETF (MATE) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| MATE | ESBG | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | 3.07 | 0.88 | +2.19 |
Drawdowns
MATE vs. ESBG - Drawdown Comparison
The maximum MATE drawdown since its inception was -13.24%, smaller than the maximum ESBG drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for MATE and ESBG.
Loading charts...
Drawdown Indicators
| MATE | ESBG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.24% | -18.84% | +5.60% |
Current DrawdownCurrent decline from peak | -0.07% | -10.85% | +10.78% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -6.24% | +2.97% |
Volatility
MATE vs. ESBG - Volatility Comparison
Loading charts...
Volatility by Period
| MATE | ESBG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 21.76% | 25.27% | -3.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.76% | 25.27% | -3.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.76% | 25.27% | -3.51% |
MATE vs. ESBG - Expense Ratio Comparison
MATE has a 0.97% expense ratio, which is higher than ESBG's 0.95% expense ratio.
Dividends
MATE vs. ESBG - Dividend Comparison
MATE has not paid dividends to shareholders, while ESBG's dividend yield for the trailing twelve months is around 0.58%.
| Position | TTM | 2025 |
|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 0.58% | 0.24% |
MATE Man Active Trend Enhanced ETF | 0.00% | 0.00% |
Frequently Asked Questions
MATE and ESBG have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
ESBG is cheaper with a 0.95% expense ratio, compared with 0.97% for MATE.
ESBG has the higher dividend yield at 0.58%, compared with 0.00% for MATE.
They also come from different issuers: Man Group and First Trust. Their fees differ too: 0.97% for MATE and 0.95% for ESBG.
Find the right allocation for MATE and ESBG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer