PVEX vs. FTIF

Last updated Aug 1, 2026

PVEX (TrueShares ConVequity ETF) and FTIF (First Trust Bloomberg Inflation Sensitive Equity ETF) are both Large Cap Blend Equities funds. PVEX is actively managed, while FTIF is passively managed. Over the past year, PVEX returned 21.87% vs 33.91% for FTIF. Their 0.39 correlation means their historical movements had little consistent relationship. PVEX charges 0.79%/yr vs 0.60%/yr for FTIF.

Performance

PVEX vs. FTIF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares ConVequity ETF (PVEX) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PVEX achieves a 6.90% return, which is significantly lower than FTIF's 24.04% return.

PVEX

• 1D: 0.86%
• 1M: -0.83%
• 6M: 6.01%
• YTD: 6.90%
• 1Y: 21.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.70%

FTIF

• 1D: 0.18%
• 1M: 4.50%
• 6M: 14.08%
• YTD: 24.04%
• 1Y: 33.91%
• 3Y*: 10.74%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.94%

*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)
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	$126.29K	$72.10K	$61.82K
PVEX TrueShares ConVequity ETF	$145.95K	$146.08K	$218.56K

PVEX vs. FTIF - Yearly Performance Comparison

	2026 (YTD)	2025
PVEX TrueShares ConVequity ETF	6.90%	13.68%
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	24.04%	6.80%

Correlation

The correlation between PVEX and FTIF is 0.39, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.39
Correlation (All Time) Calculated using the full available price history since Jun 30, 2025	0.39

Return for Risk

PVEX vs. FTIF — Risk / Return Rank

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

PVEX

PVEX Risk / Return Rank: 50
PVEX Sharpe Ratio Rank: 46
PVEX Sortino Ratio Rank: 44
PVEX Omega Ratio Rank: 45
PVEX Calmar Ratio Rank: 62
PVEX Martin Ratio Rank: 54

FTIF

FTIF Risk / Return Rank: 88
FTIF Sharpe Ratio Rank: 86
FTIF Sortino Ratio Rank: 85
FTIF Omega Ratio Rank: 83
FTIF Calmar Ratio Rank: 94
FTIF Martin Ratio Rank: 90

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.

PVEX vs. FTIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares ConVequity ETF (PVEX) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). 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.

	PVEX	FTIF	Difference
Sharpe ratio: Return per unit of total volatility	1.14	2.06	-0.92
Sortino ratio: Return per unit of downside risk	1.63	2.85	-1.22
Omega ratio: Gain probability vs. loss probability	1.21	1.36	-0.14
Calmar ratio: Return relative to maximum drawdown	2.21	4.88	-2.67
Martin ratio: Return relative to average drawdown	6.51	14.19	-7.68

PVEX vs. FTIF - Sharpe Ratio Comparison

The current PVEX Sharpe Ratio is 1.14, which is lower than the FTIF Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of PVEX and FTIF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PVEX vs. FTIF - Drawdown Comparison

The maximum PVEX drawdown since its inception was -7.63%, smaller than the maximum FTIF drawdown of -27.83%. Use the drawdown chart below to compare losses from any high point for PVEX and FTIF.

Drawdown Indicators

	PVEX	FTIF	Difference
Max Drawdown Largest peak-to-trough decline	-7.63%	-27.83%	+20.20%
Max Drawdown (1Y) Largest decline over 1 year	-7.63%	-6.34%	-1.29%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.83%	—
Current Drawdown Current decline from peak	-3.33%	-1.90%	-1.43%
Average Drawdown Average peak-to-trough decline	-2.08%	-5.90%	+3.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	2.20%	+0.40%

Volatility

PVEX vs. FTIF - Volatility Comparison

TrueShares ConVequity ETF (PVEX) has a higher volatility of 4.06% compared to First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) at 2.73%. This indicates that PVEX's price experiences larger fluctuations and is considered to be riskier than FTIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PVEX	FTIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	2.73%	+1.33%
Volatility (6M) Calculated over the trailing 6-month period	9.43%	10.51%	-1.08%
Volatility (1Y) Calculated over the trailing 1-year period	14.83%	15.04%	-0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.29%	18.73%	-3.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.29%	18.73%	-3.44%

PVEX vs. FTIF - Expense Ratio Comparison

PVEX has a 0.79% expense ratio, which is higher than FTIF's 0.60% expense ratio.

Dividends

PVEX vs. FTIF - Dividend Comparison

PVEX's dividend yield for the trailing twelve months is around 0.18%, less than FTIF's 1.08% yield.

Position	TTM	2025	2024	2023
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	1.08%	1.45%	2.88%	1.55%
PVEX TrueShares ConVequity ETF	0.18%	0.19%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PVEX and FTIF in my portfolio?

PVEX and FTIF have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PVEX or FTIF?

PVEX has higher volatility (4.06%) compared to FTIF (2.73%). In terms of maximum drawdown, PVEX dropped -7.63% vs FTIF's -27.83%.

Which ETF is better, PVEX or FTIF?

On 1-year performance, FTIF leads with 33.91% vs 21.87% for PVEX. On fees, FTIF is cheaper at 0.60% per year. On volatility, FTIF has been the lower-risk option at 2.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PVEX or FTIF?

Over the 1-year period, FTIF has performed better with a 33.91% return vs 21.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PVEX or FTIF?

FTIF is cheaper with a 0.60% expense ratio, compared with 0.79% for PVEX.

Which ETF pays a higher dividend yield, PVEX or FTIF?

FTIF has the higher dividend yield at 1.08%, compared with 0.18% for PVEX.

What is the main difference between PVEX and FTIF?

They also come from different issuers: TrueShares and First Trust. Their fees differ too: 0.79% for PVEX and 0.60% for FTIF.

Which has better risk-adjusted returns?

FTIF currently has the higher Sharpe Ratio (2.06 vs 1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.