SFIG vs. FBDC

Last updated Jun 4, 2026

SFIG (WisdomTree U.S. Short Term Corporate Bond Fund) and FBDC (FT Confluence BDC & Specialty Finance Income ETF) are both exchange-traded funds - SFIG is a Corporate Bonds fund tracking the WisdomTree Fundamental U.S. Short-term Corporate Bond Index, while FBDC is a Financials Equities fund actively managed by First Trust. SFIG is passively managed, while FBDC is actively managed. At a 0.16 correlation, their price movements are largely independent. SFIG charges 0.18%/yr vs 1.35%/yr for FBDC.

Performance

SFIG vs. FBDC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Short Term Corporate Bond Fund (SFIG) and FT Confluence BDC & Specialty Finance Income ETF (FBDC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SFIG achieves a 0.53% return, which is significantly higher than FBDC's -9.51% return.

SFIG

• 1D: -0.06%
• 1M: 0.26%
• YTD: 0.53%
• 6M: 0.78%
• 1Y: 4.41%
• 3Y*: 5.31%
• 5Y*: 2.18%
• 10Y*: 2.45%

FBDC

• 1D: -2.98%
• 1M: -7.81%
• YTD: -9.51%
• 6M: -10.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SFIG vs. FBDC - Yearly Performance Comparison

	2026 (YTD)	2025
SFIG WisdomTree U.S. Short Term Corporate Bond Fund	0.53%	2.72%
FBDC FT Confluence BDC & Specialty Finance Income ETF	-9.51%	-2.43%

Correlation

The correlation between SFIG and FBDC is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.16

Return for Risk

SFIG vs. FBDC — Risk / Return Rank

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

SFIG

SFIG Risk / Return Rank: 72
SFIG Sharpe Ratio Rank: 71
SFIG Sortino Ratio Rank: 79
SFIG Omega Ratio Rank: 75
SFIG Calmar Ratio Rank: 65
SFIG Martin Ratio Rank: 69

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.

SFIG vs. FBDC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Short Term Corporate Bond Fund (SFIG) and FT Confluence BDC & Specialty Finance Income ETF (FBDC). 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.

	SFIG	FBDC	Difference
Sharpe ratio Return per unit of total volatility	2.28	—	—
Sortino ratio Return per unit of downside risk	3.54	—	—
Omega ratio Gain probability vs. loss probability	1.44	—	—
Calmar ratio Return relative to maximum drawdown	3.18	—	—
Martin ratio Return relative to average drawdown	12.48	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SFIG	FBDC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	-0.70	+1.41

Drawdowns

SFIG vs. FBDC - Drawdown Comparison

The maximum SFIG drawdown since its inception was -12.35%, smaller than the maximum FBDC drawdown of -20.60%. Use the drawdown chart below to compare losses from any high point for SFIG and FBDC.

Drawdown Indicators

	SFIG	FBDC	Difference
Max Drawdown Largest peak-to-trough decline	-12.35%	-20.60%	+8.25%
Max Drawdown (1Y) Largest decline over 1 year	-1.40%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-1.40%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-9.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-12.35%	—	—
Current Drawdown Current decline from peak	-0.32%	-17.24%	+16.92%
Average Drawdown Average peak-to-trough decline	-1.37%	-10.14%	+8.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.35%	—	—

Volatility

Volatility by Period

	SFIG	FBDC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.94%	18.06%	-16.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.00%	18.06%	-15.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.42%	18.06%	-14.64%

SFIG vs. FBDC - Expense Ratio Comparison

SFIG has a 0.18% expense ratio, which is lower than FBDC's 1.35% expense ratio.

Dividends

SFIG vs. FBDC - Dividend Comparison

SFIG's dividend yield for the trailing twelve months is around 4.44%, less than FBDC's 11.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FBDC FT Confluence BDC & Specialty Finance Income ETF	11.52%	5.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SFIG WisdomTree U.S. Short Term Corporate Bond Fund	4.44%	4.46%	4.37%	3.26%	2.13%	1.66%	2.29%	2.41%	2.27%	1.81%	0.98%

Frequently Asked Questions

Can I hold both SFIG and FBDC in my portfolio?

SFIG and FBDC have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFIG or FBDC?

On fees, SFIG is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SFIG or FBDC?

SFIG is cheaper with a 0.18% expense ratio, compared with 1.35% for FBDC.

Which ETF pays a higher dividend yield, SFIG or FBDC?

FBDC has the higher dividend yield at 11.52%, compared with 4.44% for SFIG.

What is the main difference between SFIG and FBDC?

SFIG is categorized as Corporate Bonds, while FBDC is Financials Equities. They also come from different issuers: WisdomTree and First Trust. Their fees differ too: 0.18% for SFIG and 1.35% for FBDC.