USCF vs. FDL
Compare and contrast key facts about Themes US Cash Flow Champions ETF (USCF) and First Trust Morningstar Dividend Leaders Index Fund (FDL).
USCF and FDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USCF is a passively managed fund by Themes that tracks the performance of the Solactive US Cash Flow Champions Index - Benchmark TR Gross. It was launched on Dec 12, 2023. FDL is a passively managed fund by First Trust that tracks the performance of the Morningstar Dividend Leaders Index. It was launched on Mar 9, 2006. Both USCF and FDL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
USCF vs. FDL - Performance Comparison
Loading graphics...
USCF vs. FDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
USCF Themes US Cash Flow Champions ETF | 1.34% | 15.71% | 17.65% | 2.14% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 15.49% | 14.79% | 17.98% | 2.39% |
Returns By Period
In the year-to-date period, USCF achieves a 1.34% return, which is significantly lower than FDL's 15.49% return.
USCF
- 1D
- 1.31%
- 1M
- -0.21%
- YTD
- 1.34%
- 6M
- 3.72%
- 1Y
- 12.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDL
- 1D
- 0.43%
- 1M
- 0.01%
- YTD
- 15.49%
- 6M
- 19.42%
- 1Y
- 21.84%
- 3Y*
- 18.00%
- 5Y*
- 14.12%
- 10Y*
- 11.60%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USCF vs. FDL - Expense Ratio Comparison
USCF has a 0.29% expense ratio, which is lower than FDL's 0.45% expense ratio.
Return for Risk
USCF vs. FDL — Risk / Return Rank
USCF
FDL
USCF vs. FDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes US Cash Flow Champions ETF (USCF) and First Trust Morningstar Dividend Leaders Index Fund (FDL). 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.
| USCF | FDL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.68 | 1.47 | -0.79 |
Sortino ratioReturn per unit of downside risk | 1.01 | 2.06 | -1.05 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.29 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.96 | -0.94 |
Martin ratioReturn relative to average drawdown | 4.48 | 7.63 | -3.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| USCF | FDL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | 1.47 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.99 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 0.46 | +0.59 |
Correlation
The correlation between USCF and FDL is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
USCF vs. FDL - Dividend Comparison
USCF's dividend yield for the trailing twelve months is around 1.81%, less than FDL's 3.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USCF Themes US Cash Flow Champions ETF | 1.81% | 1.84% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 3.61% | 4.04% | 4.96% | 4.58% | 3.58% | 4.59% | 4.48% | 3.75% | 3.97% | 3.18% | 2.93% | 3.65% |
Drawdowns
USCF vs. FDL - Drawdown Comparison
The maximum USCF drawdown since its inception was -16.67%, smaller than the maximum FDL drawdown of -65.93%. Use the drawdown chart below to compare losses from any high point for USCF and FDL.
Loading graphics...
Drawdown Indicators
| USCF | FDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.67% | -65.93% | +49.26% |
Max Drawdown (1Y)Largest decline over 1 year | -14.16% | -11.58% | -2.58% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.40% | — |
Current DrawdownCurrent decline from peak | -2.49% | -0.10% | -2.39% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -9.73% | +7.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 3.10% | +0.13% |
Volatility
USCF vs. FDL - Volatility Comparison
Themes US Cash Flow Champions ETF (USCF) has a higher volatility of 5.48% compared to First Trust Morningstar Dividend Leaders Index Fund (FDL) at 2.56%. This indicates that USCF's price experiences larger fluctuations and is considered to be riskier than FDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| USCF | FDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.48% | 2.56% | +2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 10.69% | 8.16% | +2.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.77% | 14.96% | +3.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.52% | 14.31% | +1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.52% | 17.09% | -1.57% |