XFEB vs. IGLD

Last updated Aug 1, 2026

XFEB (FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February) and IGLD (FT Vest Gold Strategy Target Income ETF) are both exchange-traded funds - XFEB is a Defined Outcome fund actively managed by First Trust, while IGLD is a Gold fund actively managed by First Trust. Both are actively managed. Over the past year, XFEB returned 10.47% vs 13.80% for IGLD. Their 0.13 correlation means their historical movements had little consistent relationship. Both charge a 0.85% expense ratio.

Performance

XFEB vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February (XFEB) and FT Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XFEB achieves a 5.40% return, which is significantly higher than IGLD's -6.56% return.

XFEB

• 1D: 0.27%
• 1M: 0.68%
• 6M: 4.78%
• YTD: 5.40%
• 1Y: 10.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.76%

IGLD

• 1D: -1.09%
• 1M: -1.14%
• 6M: -15.05%
• YTD: -6.56%
• 1Y: 13.80%
• 3Y*: 19.55%
• 5Y*: 12.09%
• 10Y*: —
• ALL TIME*: 11.82%

*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)
IGLD FT Vest Gold Strategy Target Income ETF	$4.80M	$5.50M	$7.14M
XFEB FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February	$48.22K	$43.62K	$38.05K

XFEB vs. IGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XFEB FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February	5.40%	9.12%	9.14%
IGLD FT Vest Gold Strategy Target Income ETF	-6.56%	47.46%	21.43%

Correlation

The correlation between XFEB and IGLD is 0.26, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.26
Correlation (All Time) Calculated using the full available price history since Feb 20, 2024	0.13

The correlation between XFEB and IGLD shifts across timeframes, from 0.13 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

XFEB vs. IGLD — Risk / Return Rank

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

XFEB

XFEB Risk / Return Rank: 86
XFEB Sharpe Ratio Rank: 89
XFEB Sortino Ratio Rank: 91
XFEB Omega Ratio Rank: 93
XFEB Calmar Ratio Rank: 69
XFEB Martin Ratio Rank: 89

IGLD

IGLD Risk / Return Rank: 25
IGLD Sharpe Ratio Rank: 26
IGLD Sortino Ratio Rank: 25
IGLD Omega Ratio Rank: 29
IGLD Calmar Ratio Rank: 22
IGLD Martin Ratio Rank: 21

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.

XFEB vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February (XFEB) and FT Vest Gold Strategy Target Income ETF (IGLD). 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.

	XFEB	IGLD	Difference
Sharpe ratio: Return per unit of total volatility	2.20	0.61	+1.58
Sortino ratio: Return per unit of downside risk	3.32	0.95	+2.37
Omega ratio: Gain probability vs. loss probability	1.49	1.13	+0.36
Calmar ratio: Return relative to maximum drawdown	2.42	0.65	+1.77
Martin ratio: Return relative to average drawdown	13.92	1.46	+12.47

XFEB vs. IGLD - Sharpe Ratio Comparison

The current XFEB Sharpe Ratio is 2.20, which is higher than the IGLD Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of XFEB and IGLD, 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

XFEB vs. IGLD - Drawdown Comparison

The maximum XFEB drawdown since its inception was -9.07%, smaller than the maximum IGLD drawdown of -23.84%. Use the drawdown chart below to compare losses from any high point for XFEB and IGLD.

Drawdown Indicators

	XFEB	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-9.07%	-23.84%	+14.77%
Max Drawdown (1Y) Largest decline over 1 year	-4.12%	-23.84%	+19.72%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.84%	—
Current Drawdown Current decline from peak	0.00%	-22.04%	+22.04%
Average Drawdown Average peak-to-trough decline	-0.52%	-5.70%	+5.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.72%	10.55%	-9.83%

Volatility

XFEB vs. IGLD - Volatility Comparison

The current volatility for FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February (XFEB) is 1.06%, while FT Vest Gold Strategy Target Income ETF (IGLD) has a volatility of 5.69%. This indicates that XFEB experiences smaller price fluctuations and is considered to be less risky than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XFEB	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.06%	5.69%	-4.63%
Volatility (6M) Calculated over the trailing 6-month period	4.05%	22.06%	-18.01%
Volatility (1Y) Calculated over the trailing 1-year period	4.54%	25.10%	-20.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.95%	15.74%	-8.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.95%	15.43%	-8.48%

XFEB vs. IGLD - Expense Ratio Comparison

Both XFEB and IGLD have an expense ratio of 0.85%.

Dividends

XFEB vs. IGLD - Dividend Comparison

XFEB has not paid dividends to shareholders, while IGLD's dividend yield for the trailing twelve months is around 21.34%.

Position	TTM	2025	2024	2023	2022	2021
IGLD FT Vest Gold Strategy Target Income ETF	20.71%	9.91%	20.81%	7.85%	4.45%	2.24%
XFEB FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XFEB and IGLD in my portfolio?

XFEB and IGLD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XFEB or IGLD?

IGLD has higher volatility (5.69%) compared to XFEB (1.06%). In terms of maximum drawdown, XFEB dropped -9.07% vs IGLD's -23.84%.

Which ETF is better, XFEB or IGLD?

On 1-year performance, IGLD leads with 13.80% vs 10.47% for XFEB. Both ETFs have the same 0.85% expense ratio. On volatility, XFEB has been the lower-risk option at 1.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XFEB or IGLD?

Over the 1-year period, IGLD has performed better with a 13.80% return vs 10.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XFEB or IGLD?

XFEB and IGLD have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, XFEB or IGLD?

IGLD has the higher dividend yield at 20.71%, compared with 0.00% for XFEB.

What is the main difference between XFEB and IGLD?

XFEB is categorized as Defined Outcome, while IGLD is Gold.

Which has better risk-adjusted returns?

XFEB currently has the higher Sharpe Ratio (2.20 vs 0.61), 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.