LGOV vs ZHOG
First Trust Long Duration Opportunities ETF vs F/m Opportunistic Income ETF
Which is better, LGOV or ZHOG?
ZHOG has been ahead.
ZHOG has a lower expense ratio. ZHOG led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | LGOV | ZHOG |
|---|---|---|
| Expense Ratio | 0.66% | 0.43%Best |
| AUM | $595M | $46M |
| Dividend Yield | 4.74% | 5.63% |
| Holdings | 364 | 63 |
| YTD Return | -4.57% | -0.11%Best |
| 1Y Return | -5.18% | +1.08%Best |
| 3Y Return (annualized) | +4.33% | +6.93%Best |
| 5Y Return (annualized) | -2.89% | - |
| Volatility (annualized) | 10.2% | 5.1%Best |
| Max Drawdown | -10.6% | -3.7%Best |
| $10,000 over 3.1 years | $10,809 | $11,948Best |
| Fund Family | First Trust Portfolios (US) | F-m investments |
| Category | Fixed Income | Fixed Income |
| Style | Long Term Government Bond | Long Term Government Bond |
| Inception | Jan 22, 2019 | Sep 6, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 6, 2023 to Oct 15, 2026 (3.1 years).
LGOV vs ZHOG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.1 years both funds cover.
LGOV vs ZHOG Performance
First Trust Long Duration Opportunities ETF (LGOV) is an ETF from First Trust Portfolios (US) and F/m Opportunistic Income ETF (ZHOG) is an ETF from F-m investments. Over the past year LGOV returned -5.18% while ZHOG returned +1.08%. Year to date, LGOV is down 4.57% versus a loss of 0.11% for ZHOG.
Over three years, LGOV compounded at +4.33% per year against +6.93% for ZHOG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGOV has been the more volatile fund, with annualized monthly volatility of 10.2% compared with 5.1% for ZHOG. 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 -10.6% for LGOV and -3.7% for ZHOG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LGOV charges 0.66% per year while ZHOG charges 0.43%. On a $10,000 position that is $66 vs $43 annually, a gap of $23 per year that compounds over a long holding period. On income, LGOV currently yields 4.74% against 5.63% for ZHOG.
Holdings Overlap
We hold position weights for 5 holdings in LGOV and 17 in ZHOG, totalling 5.9% and 43.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 5 positions we hold weights for in LGOV and 17 in ZHOG, against full books of 364 and 63.
You are not choosing between two funds in isolation.
Whichever of LGOV and ZHOG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LGOV or ZHOG?
LGOV has an expense ratio of 0.66% while ZHOG charges 0.43%. ZHOG is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, LGOV or ZHOG?
Over the past year LGOV returned -5.18% vs +1.08% for ZHOG, so ZHOG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LGOV or ZHOG?
LGOV has been the more volatile fund at 10.2% annualized versus 5.1% for ZHOG. Worst drawdown: LGOV -10.6% vs ZHOG -3.7%.
Should I hold both LGOV and ZHOG?
LGOV and ZHOG have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, LGOV or ZHOG?
LGOV yields 4.74% while ZHOG yields 5.63%, so ZHOG currently pays the higher dividend yield.
Is ZHOG better than LGOV?
ZHOG has a lower expense ratio. ZHOG led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.