SQY vs. FTHI
Compare and contrast key facts about YieldMax SQ Option Income Strategy ETF (SQY) and First Trust BuyWrite Income ETF (FTHI).
SQY and FTHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SQY is an actively managed fund by YieldMax. It was launched on Oct 10, 2023. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SQY or FTHI.
Key characteristics
| SQY | FTHI | |
|---|---|---|
| YTD Return | 11.37% | 20.07% |
| 1Y Return | 44.50% | 26.61% |
| Sharpe Ratio | 1.26 | 3.16 |
| Sortino Ratio | 1.74 | 4.27 |
| Omega Ratio | 1.24 | 1.69 |
| Calmar Ratio | 2.05 | 4.50 |
| Martin Ratio | 4.16 | 25.80 |
| Ulcer Index | 10.34% | 1.01% |
| Daily Std Dev | 34.07% | 8.25% |
| Max Drawdown | -20.92% | -32.65% |
| Current Drawdown | -1.23% | 0.00% |
Correlation
The correlation between SQY and FTHI is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SQY vs. FTHI - Performance Comparison
In the year-to-date period, SQY achieves a 11.37% return, which is significantly lower than FTHI's 20.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SQY vs. FTHI - Expense Ratio Comparison
SQY has a 1.01% expense ratio, which is higher than FTHI's 0.85% expense ratio.
Risk-Adjusted Performance
SQY vs. FTHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax SQ Option Income Strategy ETF (SQY) and First Trust BuyWrite Income ETF (FTHI). 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.
Dividends
SQY vs. FTHI - Dividend Comparison
SQY's dividend yield for the trailing twelve months is around 59.87%, more than FTHI's 8.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SQY YieldMax SQ Option Income Strategy ETF | 59.87% | 9.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTHI First Trust BuyWrite Income ETF | 8.25% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.02% | 4.43% | 4.98% | 3.96% |
Drawdowns
SQY vs. FTHI - Drawdown Comparison
The maximum SQY drawdown since its inception was -20.92%, smaller than the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for SQY and FTHI. For additional features, visit the drawdowns tool.
Volatility
SQY vs. FTHI - Volatility Comparison
YieldMax SQ Option Income Strategy ETF (SQY) has a higher volatility of 7.06% compared to First Trust BuyWrite Income ETF (FTHI) at 2.74%. This indicates that SQY's price experiences larger fluctuations and is considered to be riskier than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.