SHRY vs. FTIF

Last updated Jun 25, 2026

SHRY (First Trust Bloomberg Shareholder Yield ETF) and FTIF (First Trust Bloomberg Inflation Sensitive Equity ETF) are both Large Cap Blend Equities funds from First Trust - SHRY tracks the Bloomberg Shareholder Yield Index - Benchmark TR Gross while FTIF tracks the Bloomberg Inflation Sensitive Equity Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, SHRY returned 12.28%/yr vs 13.80%/yr for FTIF. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 0.60% expense ratio.

Performance

SHRY vs. FTIF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Bloomberg Shareholder Yield ETF (SHRY) 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, SHRY achieves a 1.29% return, which is significantly lower than FTIF's 20.08% return.

SHRY

• 1D: -0.06%
• 1M: -4.12%
• YTD: 1.29%
• 6M: 0.42%
• 1Y: 2.25%
• 3Y*: 12.28%
• 5Y*: 7.44%
• 10Y*: —

FTIF

• 1D: -0.74%
• 1M: -3.55%
• YTD: 20.08%
• 6M: 18.84%
• 1Y: 28.27%
• 3Y*: 13.80%
• 5Y*: —
• 10Y*: —

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

SHRY vs. FTIF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SHRY First Trust Bloomberg Shareholder Yield ETF	1.29%	7.29%	17.27%	18.76%
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	20.08%	7.79%	0.50%	12.31%

Correlation

The correlation between SHRY and FTIF is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (All Time) Calculated using the full available price history since Mar 14, 2023	0.72

The correlation between SHRY and FTIF shifts across timeframes, from 0.58 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

SHRY vs. FTIF - Sectors Allocation Comparison

Sectors	SHRY	FTIF
Financial Services	22.7%	-
Technology	20.5%	2.0%
Communication Services	12.4%	-
Energy	10.2%	38.0%
Consumer Defensive	10.0%	-
Industrials	8.1%	18.0%
Healthcare	8.1%	-
Consumer Cyclical	7.4%	4.0%
Basic Materials	0.7%	22.0%
Real Estate	-	14.0%
Utilities	-	-

Return for Risk

SHRY vs. FTIF — Risk / Return Rank

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

SHRY

SHRY Risk / Return Rank: 12
SHRY Sharpe Ratio Rank: 12
SHRY Sortino Ratio Rank: 11
SHRY Omega Ratio Rank: 11
SHRY Calmar Ratio Rank: 12
SHRY Martin Ratio Rank: 13

FTIF

FTIF Risk / Return Rank: 72
FTIF Sharpe Ratio Rank: 64
FTIF Sortino Ratio Rank: 63
FTIF Omega Ratio Rank: 59
FTIF Calmar Ratio Rank: 91
FTIF Martin Ratio Rank: 81

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.

SHRY vs. FTIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Bloomberg Shareholder Yield ETF (SHRY) 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.

	SHRY	FTIF	Difference
Sharpe ratio: Return per unit of total volatility	0.21	1.84	-1.64
Sortino ratio: Return per unit of downside risk	0.37	2.58	-2.22
Omega ratio: Gain probability vs. loss probability	1.04	1.32	-0.27
Calmar ratio: Return relative to maximum drawdown	0.31	5.20	-4.89
Martin ratio: Return relative to average drawdown	0.79	14.29	-13.50

SHRY vs. FTIF - Sharpe Ratio Comparison

The current SHRY Sharpe Ratio is 0.21, which is lower than the FTIF Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of SHRY 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

SHRY vs. FTIF - Drawdown Comparison

The maximum SHRY drawdown since its inception was -36.67%, which is greater than FTIF's maximum drawdown of -27.83%. Use the drawdown chart below to compare losses from any high point for SHRY and FTIF.

Drawdown Indicators

	SHRY	FTIF	Difference
Max Drawdown Largest peak-to-trough decline	-36.67%	-27.83%	-8.84%
Max Drawdown (1Y) Largest decline over 1 year	-7.20%	-5.46%	-1.74%
Max Drawdown (3Y) Largest decline over 3 years	-15.34%	-27.83%	+12.49%
Max Drawdown (5Y) Largest decline over 5 years	-23.94%	—	—
Current Drawdown Current decline from peak	-6.46%	-5.03%	-1.43%
Average Drawdown Average peak-to-trough decline	-5.03%	-5.95%	+0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	1.98%	+0.86%

Volatility

SHRY vs. FTIF - Volatility Comparison

The current volatility for First Trust Bloomberg Shareholder Yield ETF (SHRY) is 3.10%, while First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) has a volatility of 4.52%. This indicates that SHRY experiences smaller price fluctuations and is considered to be less risky than FTIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHRY	FTIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.10%	4.52%	-1.42%
Volatility (6M) Calculated over the trailing 6-month period	7.74%	10.78%	-3.04%
Volatility (1Y) Calculated over the trailing 1-year period	10.86%	15.40%	-4.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.68%	18.91%	-3.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.15%	18.91%	-0.76%

SHRY vs. FTIF - Expense Ratio Comparison

Both SHRY and FTIF have an expense ratio of 0.60%.

Dividends

SHRY vs. FTIF - Dividend Comparison

SHRY's dividend yield for the trailing twelve months is around 1.74%, more than FTIF's 1.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	1.16%	1.45%	2.88%	1.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SHRY First Trust Bloomberg Shareholder Yield ETF	1.74%	1.73%	1.76%	1.49%	1.52%	0.98%	1.65%	1.54%	1.89%	0.55%

Frequently Asked Questions

Can I hold both SHRY and FTIF in my portfolio?

SHRY and FTIF have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHRY or FTIF?

FTIF has higher volatility (4.52%) compared to SHRY (3.10%). In terms of maximum drawdown, SHRY dropped -36.67% vs FTIF's -27.83%.

Which ETF is better, SHRY or FTIF?

On 3-year performance, FTIF leads with 13.80% vs 12.28% for SHRY. Both ETFs have the same 0.60% expense ratio. On volatility, SHRY has been the lower-risk option at 3.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SHRY or FTIF?

Over the 3-year period, FTIF has performed better with a 13.80% return vs 12.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SHRY or FTIF?

SHRY and FTIF have the same expense ratio: 0.60% per year.

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

SHRY has the higher dividend yield at 1.74%, compared with 1.16% for FTIF.

What is the main difference between SHRY and FTIF?

SHRY tracks Bloomberg Shareholder Yield Index - Benchmark TR Gross, while FTIF tracks Bloomberg Inflation Sensitive Equity Index - Benchmark TR Gross.

Which has better risk-adjusted returns?

FTIF currently has the higher Sharpe Ratio (1.84 vs 0.21), 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.