THTA vs. FAGIX
THTA (SoFi Enhanced Yield ETF) and FAGIX (Fidelity Capital & Income Fund) are both funds - THTA is a Derivative Income fund actively managed by SoFi, while FAGIX is a High Yield Bonds fund actively managed by Fidelity. Both are actively managed. Over the past year, THTA returned 16.54% vs 18.03% for FAGIX. At a 0.35 correlation, their price movements are largely independent. THTA charges 0.49%/yr vs 0.67%/yr for FAGIX.
Performance
THTA vs. FAGIX - Performance Comparison
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Returns By Period
In the year-to-date period, THTA achieves a 7.57% return, which is significantly lower than FAGIX's 8.81% return.
THTA
- 1D
- -0.06%
- 1M
- 0.77%
- YTD
- 7.57%
- 6M
- 8.24%
- 1Y
- 16.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FAGIX
- 1D
- 0.26%
- 1M
- 2.18%
- YTD
- 8.81%
- 6M
- 9.04%
- 1Y
- 18.03%
- 3Y*
- 13.52%
- 5Y*
- 7.06%
- 10Y*
- 8.33%
THTA vs. FAGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
THTA SoFi Enhanced Yield ETF | 7.57% | -10.24% | 7.31% | 0.99% |
FAGIX Fidelity Capital & Income Fund | 8.81% | 12.38% | 10.69% | 4.91% |
Correlation
The correlation between THTA and FAGIX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2023 | 0.35 |
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Return for Risk
THTA vs. FAGIX — Risk / Return Rank
THTA
FAGIX
THTA vs. FAGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SoFi Enhanced Yield ETF (THTA) and Fidelity Capital & Income Fund (FAGIX). 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.
| THTA | FAGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.77 | 1.56 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 6.30 | 5.29 | +1.01 |
| Martin ratioReturn relative to average drawdown | 52.38 | 21.60 | +30.79 |
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Drawdowns
THTA vs. FAGIX - Drawdown Comparison
The maximum THTA drawdown since its inception was -31.41%, smaller than the maximum FAGIX drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for THTA and FAGIX.
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Drawdown Indicators
| THTA | FAGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.41% | -37.97% | +6.56% |
Max Drawdown (1Y)Largest decline over 1 year | -2.64% | -3.49% | +0.85% |
Max Drawdown (3Y)Largest decline over 3 years | — | -7.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.45% | — |
Current DrawdownCurrent decline from peak | -6.17% | 0.00% | -6.17% |
Average DrawdownAverage peak-to-trough decline | -7.49% | -6.98% | -0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.32% | 0.85% | -0.53% |
Volatility
THTA vs. FAGIX - Volatility Comparison
The current volatility for SoFi Enhanced Yield ETF (THTA) is 0.96%, while Fidelity Capital & Income Fund (FAGIX) has a volatility of 2.70%. This indicates that THTA experiences smaller price fluctuations and is considered to be less risky than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| THTA | FAGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 2.70% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 4.07% | 5.32% | -1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.72% | 6.49% | -0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.04% | 6.68% | +13.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.04% | 7.85% | +12.19% |
THTA vs. FAGIX - Expense Ratio Comparison
THTA has a 0.49% expense ratio, which is lower than FAGIX's 0.67% expense ratio.
Dividends
THTA vs. FAGIX - Dividend Comparison
THTA's dividend yield for the trailing twelve months is around 11.15%, more than FAGIX's 5.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGIX Fidelity Capital & Income Fund | 5.22% | 4.74% | 5.02% | 5.28% | 10.25% | 6.08% | 4.59% | 5.00% | 5.67% | 5.05% | 4.57% | 4.51% |
THTA SoFi Enhanced Yield ETF | 11.15% | 12.66% | 12.44% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
THTA and FAGIX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FAGIX has higher volatility (2.70%) compared to THTA (0.96%). In terms of maximum drawdown, THTA dropped -31.41% vs FAGIX's -37.97%.
THTA currently has the higher Sharpe Ratio (2.90 vs 2.85), 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.
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