YDEC vs. IXC

Last updated Jun 24, 2026

YDEC (FT Vest International Equity Moderate Buffer ETF – December) and IXC (iShares Global Energy ETF) are both exchange-traded funds - YDEC is a Defined Outcome fund actively managed by FT Vest, while IXC is a Energy Equities fund tracking the S&P Global 1200 Energy Capped Index. YDEC is actively managed, while IXC is passively managed. Over the past 5 years, YDEC returned 4.88%/yr vs 17.77%/yr for IXC. At a 0.37 correlation, their price movements are largely independent. YDEC charges 0.90%/yr vs 0.40%/yr for IXC.

Performance

YDEC vs. IXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest International Equity Moderate Buffer ETF – December (YDEC) and iShares Global Energy ETF (IXC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YDEC achieves a 4.60% return, which is significantly lower than IXC's 22.29% return.

YDEC

• 1D: -0.64%
• 1M: 0.42%
• YTD: 4.60%
• 6M: 4.60%
• 1Y: 10.37%
• 3Y*: 8.26%
• 5Y*: 4.88%
• 10Y*: —

IXC

• 1D: 0.44%
• 1M: -8.68%
• YTD: 22.29%
• 6M: 23.05%
• 1Y: 31.78%
• 3Y*: 16.38%
• 5Y*: 17.77%
• 10Y*: 9.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

YDEC vs. IXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
YDEC FT Vest International Equity Moderate Buffer ETF – December	4.60%	16.04%	-0.79%	14.33%	-6.37%	5.25%	1.87%
IXC iShares Global Energy ETF	22.29%	13.98%	1.95%	3.92%	48.51%	40.88%	-2.73%

Correlation

The correlation between YDEC and IXC is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Dec 21, 2020	0.37

The correlation between YDEC and IXC shifts across timeframes, from -0.03 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.

YDEC vs. IXC - Sectors Allocation Comparison

Sectors	YDEC	IXC
Financial Services	24.3%	-
Industrials	19.5%	-
Technology	11.5%	-
Healthcare	10.4%	-
Consumer Cyclical	7.8%	-
Consumer Defensive	6.6%	-
Basic Materials	6.1%	-
Communication Services	4.8%	-
Energy	3.7%	100.0%
Utilities	3.7%	-
Real Estate	1.8%	-

Return for Risk

YDEC vs. IXC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YDEC

YDEC Risk / Return Rank: 50
YDEC Sharpe Ratio Rank: 48
YDEC Sortino Ratio Rank: 51
YDEC Omega Ratio Rank: 63
YDEC Calmar Ratio Rank: 38
YDEC Martin Ratio Rank: 51

IXC

IXC Risk / Return Rank: 49
IXC Sharpe Ratio Rank: 51
IXC Sortino Ratio Rank: 46
IXC Omega Ratio Rank: 45
IXC Calmar Ratio Rank: 50
IXC Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YDEC vs. IXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest International Equity Moderate Buffer ETF – December (YDEC) and iShares Global Energy ETF (IXC). 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.

	YDEC	IXC	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.68	-0.16
Sortino ratio: Return per unit of downside risk	2.29	2.22	+0.06
Omega ratio: Gain probability vs. loss probability	1.35	1.28	+0.07
Calmar ratio: Return relative to maximum drawdown	1.77	2.40	-0.63
Martin ratio: Return relative to average drawdown	7.96	8.40	-0.43

YDEC vs. IXC - Sharpe Ratio Comparison

The current YDEC Sharpe Ratio is 1.52, which is comparable to the IXC Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of YDEC and IXC, 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

YDEC vs. IXC - Drawdown Comparison

The maximum YDEC drawdown since its inception was -23.34%, smaller than the maximum IXC drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for YDEC and IXC.

Drawdown Indicators

	YDEC	IXC	Difference
Max Drawdown Largest peak-to-trough decline	-23.34%	-67.88%	+44.54%
Max Drawdown (1Y) Largest decline over 1 year	-5.89%	-13.31%	+7.42%
Max Drawdown (3Y) Largest decline over 3 years	-10.95%	-19.06%	+8.11%
Max Drawdown (5Y) Largest decline over 5 years	-23.34%	-24.93%	+1.59%
Max Drawdown (10Y) Largest decline over 10 years	—	-64.16%	—
Current Drawdown Current decline from peak	-0.76%	-11.99%	+11.23%
Average Drawdown Average peak-to-trough decline	-4.10%	-17.46%	+13.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.31%	3.80%	-2.49%

Volatility

YDEC vs. IXC - Volatility Comparison

The current volatility for FT Vest International Equity Moderate Buffer ETF – December (YDEC) is 2.28%, while iShares Global Energy ETF (IXC) has a volatility of 6.54%. This indicates that YDEC experiences smaller price fluctuations and is considered to be less risky than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YDEC	IXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.28%	6.54%	-4.26%
Volatility (6M) Calculated over the trailing 6-month period	6.55%	15.76%	-9.21%
Volatility (1Y) Calculated over the trailing 1-year period	6.87%	19.16%	-12.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.24%	23.48%	-12.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.98%	26.83%	-15.85%

YDEC vs. IXC - Expense Ratio Comparison

YDEC has a 0.90% expense ratio, which is higher than IXC's 0.40% expense ratio.

Dividends

YDEC vs. IXC - Dividend Comparison

YDEC has not paid dividends to shareholders, while IXC's dividend yield for the trailing twelve months is around 3.11%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IXC iShares Global Energy ETF	3.11%	3.68%	4.56%	3.45%	4.76%	3.98%	4.86%	7.00%	3.51%	3.05%	2.86%	3.77%
YDEC FT Vest International Equity Moderate Buffer ETF – December	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YDEC and IXC in my portfolio?

YDEC and IXC have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YDEC or IXC?

IXC has higher volatility (6.54%) compared to YDEC (2.28%). In terms of maximum drawdown, YDEC dropped -23.34% vs IXC's -67.88%.

Which ETF is better, YDEC or IXC?

On 5-year performance, IXC leads with 17.77% vs 4.88% for YDEC. On fees, IXC is cheaper at 0.40% per year. On volatility, YDEC has been the lower-risk option at 2.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YDEC or IXC?

Over the 5-year period, IXC has performed better with a 17.77% return vs 4.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YDEC or IXC?

IXC is cheaper with a 0.40% expense ratio, compared with 0.90% for YDEC.

Which ETF pays a higher dividend yield, YDEC or IXC?

IXC has the higher dividend yield at 3.11%, compared with 0.00% for YDEC.

What is the main difference between YDEC and IXC?

YDEC is categorized as Defined Outcome, while IXC is Energy Equities. They also come from different issuers: FT Vest and iShares. Their fees differ too: 0.90% for YDEC and 0.40% for IXC.

Which has better risk-adjusted returns?

IXC currently has the higher Sharpe Ratio (1.68 vs 1.52), 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.