ELCV vs FTGS

Quick Verdict

ELCV has a lower expense ratio. ELCV delivered stronger 1-year returns. FTGS offers more diversification with 50 holdings.

Lower Fees: ELCVHigher Returns: ELCVMore Diversified: FTGS

Side-by-Side Comparison

MetricELCVFTGSWinner
Expense Ratio0.49%0.60%
AUM$251M$1.3B
Dividend Yield2.06%0.09%
Holdings4751
YTD Return+21.26%+13.02%
1Y Return+27.07%+14.71%
3Y Return (annualized)-+18.46%
5Y Return (annualized)--
Volatility (annualized)13.9%14.6%
Max Drawdown-18.4%-20.0%
Fund FamilyEventideFirst Trust Portfolios (US)
CategoryEquityEquity
InceptionSep 30, 2024Oct 25, 2022

ELCV vs FTGS Performance

Eventide High Dividend ETF (ELCV) is a ETF from Eventide and First Trust Growth Strength ETF (FTGS) is a ETF from First Trust Portfolios (US). Over the past year ELCV returned +27.07% while FTGS returned +14.71%. Year to date, ELCV is up 21.26% versus a gain of 13.02% for FTGS.

Risk: Volatility and Drawdowns

FTGS has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.9% for ELCV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -18.4% for ELCV and -20.0% for FTGS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ELCV charges 0.49% per year while FTGS charges 0.60%. On a $10,000 position that is $49 vs $60 annually, a gap of $11 per year that compounds over a long holding period. On income, ELCV currently yields 2.06% against 0.09% for FTGS.

Holdings Overlap

3.8%overlap

ELCV and FTGS share 2 holdings out of 94 unique holdings combined, representing a 3.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ELCVWeight in FTGSDifference
AVGO2.79%1.86%0.93%
TT1.90%1.93%0.03%

Frequently Asked Questions

Which is cheaper, ELCV or FTGS?

ELCV has an expense ratio of 0.49% while FTGS charges 0.60%. ELCV is the cheaper option. On a $10,000 investment, that is $11 per year of difference.

Which performed better, ELCV or FTGS?

Over the past year ELCV returned +27.07% vs +14.71% for FTGS, so ELCV leads on 1-year performance. Over the longest common window we track (2 years), ELCV annualized +16.47% vs +19.91% for FTGS. Past performance does not guarantee future results.

Which is riskier, ELCV or FTGS?

FTGS has been the more volatile fund at 14.6% annualized versus 13.9% for ELCV. Worst drawdown: ELCV -18.4% vs FTGS -20.0%.

Should I hold both ELCV and FTGS?

ELCV and FTGS have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ELCV and FTGS?

ELCV and FTGS share 2 common holdings with a 3.8% weight overlap. Combined, they hold 94 unique securities.

Which pays a higher dividend, ELCV or FTGS?

ELCV yields 2.06% while FTGS yields 0.09%, so ELCV currently pays the higher dividend yield.

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