FTGS vs TYLG
First Trust Growth Strength ETF vs Global X Information Technology Covered Call & Growth ETF
Quick Verdict
TYLG delivered stronger 1-year returns. TYLG offers more diversification with 78 holdings.
Side-by-Side Comparison
| Metric | FTGS | TYLG | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.60% | |
| AUM | $1.4B | $15M | |
| Dividend Yield | 0.08% | 8.89% | |
| Holdings | 51 | 78 | |
| YTD Return | +12.03% | +21.18% | |
| 1Y Return | +14.00% | +35.64% | |
| 3Y Return (annualized) | +18.62% | +23.66% | |
| 5Y Return (annualized) | - | - | |
| Volatility (annualized) | 14.6% | 15.8% | |
| Max Drawdown | -20.0% | -24.5% | |
| Fund Family | First Trust Portfolios (US) | Global X by mirae Asset | |
| Category | Equity | Alternative | |
| Inception | Oct 25, 2022 | Nov 21, 2022 |
FTGS vs TYLG Performance
First Trust Growth Strength ETF (FTGS) is a ETF from First Trust Portfolios (US) and Global X Information Technology Covered Call & Growth ETF (TYLG) is a ETF from Global X by mirae Asset. Over the past year FTGS returned +14.00% while TYLG returned +35.64%. Year to date, FTGS is up 12.03% versus a gain of 21.18% for TYLG.
Over three years, FTGS compounded at +18.62% per year against +23.66% for TYLG. Across the full 4-year window we track, TYLG has the edge at +25.12% annualized vs +19.50%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TYLG has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 14.6% for FTGS. 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 -20.0% for FTGS and -24.5% for TYLG. 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FTGS charges 0.60% per year while TYLG charges 0.60%. On a $10,000 position that is $60 vs $60 annually. On income, FTGS currently yields 0.08% against 8.89% for TYLG.
Holdings Overlap
FTGS and TYLG share 14 holdings out of 110 unique holdings combined, representing a 12.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FTGS or TYLG?
FTGS has an expense ratio of 0.60% while TYLG charges 0.60%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, FTGS or TYLG?
Over the past year FTGS returned +14.00% vs +35.64% for TYLG, so TYLG leads on 1-year performance. Over the longest common window we track (4 years), FTGS annualized +19.50% vs +25.12% for TYLG. Past performance does not guarantee future results.
Which is riskier, FTGS or TYLG?
TYLG has been the more volatile fund at 15.8% annualized versus 14.6% for FTGS. Worst drawdown: FTGS -20.0% vs TYLG -24.5%.
Should I hold both FTGS and TYLG?
FTGS and TYLG have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FTGS and TYLG?
FTGS and TYLG share 14 common holdings with a 12.0% weight overlap. Combined, they hold 110 unique securities.
Which pays a higher dividend, FTGS or TYLG?
FTGS yields 0.08% while TYLG yields 8.89%, so TYLG currently pays the higher dividend yield.
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