TTAI vs. FFHCX

Last updated Aug 1, 2026

TTAI (TrimTabs International Free Cash Flow Quality ETF of Benef Interest) and FFHCX (Fidelity Series Floating Rate High Income Fund) are both funds - TTAI is a Quality Factor fund actively managed by TrimTabs, while FFHCX is a High Yield Bonds fund managed by Fidelity. Over the past 5 years, TTAI returned 0.36%/yr vs 6.11%/yr for FFHCX. Their 0.31 correlation means their historical movements had little consistent relationship. TTAI charges 0.61%/yr vs 0.00%/yr for FFHCX.

Performance

TTAI vs. FFHCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrimTabs International Free Cash Flow Quality ETF of Benef Interest (TTAI) and Fidelity Series Floating Rate High Income Fund (FFHCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTAI achieves a -2.27% return, which is significantly lower than FFHCX's 2.37% return.

TTAI

• 1D: -0.25%
• 1M: -3.63%
• 6M: -4.25%
• YTD: -2.27%
• 1Y: 7.33%
• 3Y*: 5.67%
• 5Y*: 0.36%
• 10Y*: —
• ALL TIME*: 4.69%

FFHCX

• 1D: 0.00%
• 1M: 0.12%
• 6M: 2.17%
• YTD: 2.37%
• 1Y: 5.43%
• 3Y*: 7.34%
• 5Y*: 6.11%
• 10Y*: 5.57%
• ALL TIME*: 5.14%

*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)
FFHCX Fidelity Series Floating Rate High Income Fund	$0.00	$0.00	$0.00
TTAI TrimTabs International Free Cash Flow Quality ETF of Benef Interest	$13.59K	$35.24K	$47.06K

TTAI vs. FFHCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTAI TrimTabs International Free Cash Flow Quality ETF of Benef Interest	-2.27%	13.27%	0.39%	18.22%	-24.37%	16.87%	18.30%	24.52%	-17.73%	7.78%
FFHCX Fidelity Series Floating Rate High Income Fund	2.37%	6.02%	8.49%	13.19%	-1.55%	5.66%	2.54%	9.42%	1.36%	3.13%

Correlation

The correlation between TTAI and FFHCX is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.26
Correlation (5Y) Shows whether the relationship held over a longer period.	0.33
Correlation (All Time) Calculated using the full available price history since Jun 28, 2017	0.31

Return for Risk

TTAI vs. FFHCX — Risk / Return Rank

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

TTAI

TTAI Risk / Return Rank: 19
TTAI Sharpe Ratio Rank: 18
TTAI Sortino Ratio Rank: 18
TTAI Omega Ratio Rank: 18
TTAI Calmar Ratio Rank: 19
TTAI Martin Ratio Rank: 22

FFHCX

FFHCX Risk / Return Rank: 96
FFHCX Sharpe Ratio Rank: 91
FFHCX Sortino Ratio Rank: 98
FFHCX Omega Ratio Rank: 98
FFHCX Calmar Ratio Rank: 97
FFHCX Martin Ratio Rank: 96

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.

TTAI vs. FFHCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrimTabs International Free Cash Flow Quality ETF of Benef Interest (TTAI) and Fidelity Series Floating Rate High Income Fund (FFHCX). 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.

	TTAI	FFHCX	Difference
Sharpe ratio: Return per unit of total volatility	0.32	2.29	-1.97
Sortino ratio: Return per unit of downside risk	0.58	5.57	-4.99
Omega ratio: Gain probability vs. loss probability	1.07	1.80	-0.73
Calmar ratio: Return relative to maximum drawdown	0.47	5.21	-4.74
Martin ratio: Return relative to average drawdown	1.53	17.59	-16.06

TTAI vs. FFHCX - Sharpe Ratio Comparison

The current TTAI Sharpe Ratio is 0.32, which is lower than the FFHCX Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of TTAI and FFHCX, 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

TTAI vs. FFHCX - Drawdown Comparison

The maximum TTAI drawdown since its inception was -34.17%, which is greater than FFHCX's maximum drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for TTAI and FFHCX.

Drawdown Indicators

	TTAI	FFHCX	Difference
Max Drawdown Largest peak-to-trough decline	-34.17%	-21.45%	-12.72%
Max Drawdown (1Y) Largest decline over 1 year	-13.00%	-1.14%	-11.86%
Max Drawdown (3Y) Largest decline over 3 years	-21.34%	-3.12%	-18.22%
Max Drawdown (5Y) Largest decline over 5 years	-34.13%	-5.81%	-28.32%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.45%	—
Current Drawdown Current decline from peak	-8.52%	-0.11%	-8.41%
Average Drawdown Average peak-to-trough decline	-9.13%	-0.92%	-8.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.02%	0.34%	+3.68%

Volatility

TTAI vs. FFHCX - Volatility Comparison

TrimTabs International Free Cash Flow Quality ETF of Benef Interest (TTAI) has a higher volatility of 6.51% compared to Fidelity Series Floating Rate High Income Fund (FFHCX) at 0.33%. This indicates that TTAI's price experiences larger fluctuations and is considered to be riskier than FFHCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTAI	FFHCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.51%	0.33%	+6.18%
Volatility (6M) Calculated over the trailing 6-month period	17.29%	1.90%	+15.39%
Volatility (1Y) Calculated over the trailing 1-year period	19.63%	2.60%	+17.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.50%	3.11%	+14.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.07%	4.17%	+14.90%

TTAI vs. FFHCX - Expense Ratio Comparison

TTAI has a 0.61% expense ratio, which is higher than FFHCX's 0.00% expense ratio.

Dividends

TTAI vs. FFHCX - Dividend Comparison

TTAI's dividend yield for the trailing twelve months is around 2.48%, less than FFHCX's 6.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFHCX Fidelity Series Floating Rate High Income Fund	6.91%	8.11%	8.46%	9.47%	3.83%	3.64%	4.61%	5.92%	6.68%	4.80%	5.16%	4.37%
TTAI TrimTabs International Free Cash Flow Quality ETF of Benef Interest	2.48%	2.30%	2.13%	2.39%	9.36%	2.01%	0.64%	1.90%	0.92%	0.26%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTAI and FFHCX in my portfolio?

TTAI and FFHCX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TTAI or FFHCX?

TTAI has higher volatility (6.51%) compared to FFHCX (0.33%). In terms of maximum drawdown, TTAI dropped -34.17% vs FFHCX's -21.45%.

Which has better risk-adjusted returns?

FFHCX currently has the higher Sharpe Ratio (2.29 vs 0.32), 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.