XPND vs. FFND

Last updated Aug 2, 2026

XPND (First Trust Expanded Technology ETF) and FFND (One Global ETF) are both exchange-traded funds - XPND is a Technology Equities fund actively managed by First Trust, while FFND is a Large Cap Growth Equities fund actively managed by Future Fund. Both are actively managed. Over the past 3 years, XPND returned 20.04%/yr vs 18.06%/yr for FFND. Their correlation of 0.83 means they have usually moved in the same direction. XPND charges 0.65%/yr vs 1.00%/yr for FFND.

Performance

XPND vs. FFND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Expanded Technology ETF (XPND) and One Global ETF (FFND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XPND achieves a 4.78% return, which is significantly lower than FFND's 8.05% return.

XPND

• 1D: 0.88%
• 1M: -4.98%
• 6M: 7.11%
• YTD: 4.78%
• 1Y: 13.64%
• 3Y*: 20.04%
• 5Y*: 12.26%
• 10Y*: —
• ALL TIME*: 13.44%

FFND

• 1D: 0.85%
• 1M: -0.57%
• 6M: 5.39%
• YTD: 8.05%
• 1Y: 17.29%
• 3Y*: 18.06%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.50%

*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)
FFND One Global ETF	$270.97K	$214.58K	$257.05K
XPND First Trust Expanded Technology ETF	$81.00K	$154.54K	$148.99K

XPND vs. FFND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XPND First Trust Expanded Technology ETF	4.78%	18.82%	29.61%	46.13%	-29.66%	6.08%
FFND One Global ETF	8.05%	19.38%	24.05%	40.05%	-39.84%	-3.43%

Correlation

The correlation between XPND and FFND is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.74
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021	0.83

The correlation between XPND and FFND has been stable across timeframes, ranging from 0.74 to 0.83 - a consistent structural relationship.

XPND vs. FFND - Sectors Allocation Comparison

Sectors	XPND	FFND
Technology	77.5%	30.2%
Communication Services	13.3%	8.6%
Financial Services	9.2%	11.7%
Basic Materials	-	1.6%
Consumer Cyclical	-	10.7%
Consumer Defensive	-	4.0%
Energy	-	1.4%
Healthcare	-	12.9%
Industrials	-	15.8%
Real Estate	-	1.1%
Utilities	-	1.9%

Return for Risk

XPND vs. FFND — Risk / Return Rank

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

XPND

XPND Risk / Return Rank: 24
XPND Sharpe Ratio Rank: 24
XPND Sortino Ratio Rank: 24
XPND Omega Ratio Rank: 23
XPND Calmar Ratio Rank: 23
XPND Martin Ratio Rank: 24

FFND

FFND Risk / Return Rank: 46
FFND Sharpe Ratio Rank: 46
FFND Sortino Ratio Rank: 46
FFND Omega Ratio Rank: 45
FFND Calmar Ratio Rank: 42
FFND Martin Ratio Rank: 53

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.

XPND vs. FFND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Expanded Technology ETF (XPND) and One Global ETF (FFND). 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.

	XPND	FFND	Difference
Sharpe ratio: Return per unit of total volatility	0.55	1.15	-0.60
Sortino ratio: Return per unit of downside risk	0.87	1.68	-0.81
Omega ratio: Gain probability vs. loss probability	1.11	1.21	-0.10
Calmar ratio: Return relative to maximum drawdown	0.68	1.48	-0.80
Martin ratio: Return relative to average drawdown	1.80	6.22	-4.43

XPND vs. FFND - Sharpe Ratio Comparison

The current XPND Sharpe Ratio is 0.55, which is lower than the FFND Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of XPND and FFND, 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

XPND vs. FFND - Drawdown Comparison

The maximum XPND drawdown since its inception was -38.00%, smaller than the maximum FFND drawdown of -47.84%. Use the drawdown chart below to compare losses from any high point for XPND and FFND.

Drawdown Indicators

	XPND	FFND	Difference
Max Drawdown Largest peak-to-trough decline	-38.00%	-47.84%	+9.84%
Max Drawdown (1Y) Largest decline over 1 year	-17.38%	-10.53%	-6.85%
Max Drawdown (3Y) Largest decline over 3 years	-23.37%	-18.90%	-4.47%
Max Drawdown (5Y) Largest decline over 5 years	-38.00%	—	—
Current Drawdown Current decline from peak	-10.67%	-1.48%	-9.19%
Average Drawdown Average peak-to-trough decline	-9.95%	-18.22%	+8.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.57%	2.50%	+4.07%

Volatility

XPND vs. FFND - Volatility Comparison

First Trust Expanded Technology ETF (XPND) has a higher volatility of 7.76% compared to One Global ETF (FFND) at 3.79%. This indicates that XPND's price experiences larger fluctuations and is considered to be riskier than FFND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XPND	FFND	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.76%	3.79%	+3.97%
Volatility (6M) Calculated over the trailing 6-month period	18.31%	11.11%	+7.20%
Volatility (1Y) Calculated over the trailing 1-year period	21.61%	13.61%	+8.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.41%	24.77%	-0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.20%	24.77%	-0.57%

XPND vs. FFND - Expense Ratio Comparison

XPND has a 0.65% expense ratio, which is lower than FFND's 1.00% expense ratio.

Dividends

XPND vs. FFND - Dividend Comparison

XPND's dividend yield for the trailing twelve months is around 0.08%, less than FFND's 0.60% yield.

Position	TTM	2025	2024	2023	2022	2021
FFND One Global ETF	0.60%	0.65%	0.00%	0.00%	0.00%	0.03%
XPND First Trust Expanded Technology ETF	0.08%	0.08%	0.12%	0.18%	0.34%	0.02%

Frequently Asked Questions

Can I hold both XPND and FFND in my portfolio?

XPND and FFND have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XPND or FFND?

XPND has higher volatility (7.76%) compared to FFND (3.79%). In terms of maximum drawdown, XPND dropped -38.00% vs FFND's -47.84%.

Which ETF is better, XPND or FFND?

On 3-year performance, XPND leads with 20.04% vs 18.06% for FFND. On fees, XPND is cheaper at 0.65% per year. On volatility, FFND has been the lower-risk option at 3.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XPND or FFND?

Over the 3-year period, XPND has performed better with a 20.04% return vs 18.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XPND or FFND?

XPND is cheaper with a 0.65% expense ratio, compared with 1.00% for FFND.

Which ETF pays a higher dividend yield, XPND or FFND?

FFND has the higher dividend yield at 0.60%, compared with 0.08% for XPND.

What is the main difference between XPND and FFND?

XPND is categorized as Technology Equities, while FFND is Large Cap Growth Equities. They also come from different issuers: First Trust and Future Fund. Their fees differ too: 0.65% for XPND and 1.00% for FFND.

Which has better risk-adjusted returns?

FFND currently has the higher Sharpe Ratio (1.15 vs 0.55), 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.