BG vs. FTGC

Last updated Aug 1, 2026

BG (Bunge Limited) is a stock, while FTGC (First Trust Global Tactical Commodity Strategy Fund) is Commodities fund actively managed by First Trust. Over the past 10 years, BG returned 8.51%/yr vs 8.01%/yr for FTGC. Their 0.27 correlation means their historical movements had little consistent relationship.

Performance

BG vs. FTGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bunge Limited (BG) and First Trust Global Tactical Commodity Strategy Fund (FTGC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BG achieves a 20.66% return, which is significantly lower than FTGC's 27.22% return. Over the past 10 years, BG has outperformed FTGC with an annualized return of 8.51%, while FTGC has yielded a comparatively lower 8.01% annualized return.

BG

• 1D: 1.10%
• 1M: 1.28%
• 6M: -5.62%
• YTD: 20.66%
• 1Y: 36.94%
• 3Y*: 2.24%
• 5Y*: 9.51%
• 10Y*: 8.51%
• ALL TIME*: 10.10%

FTGC

• 1D: 0.03%
• 1M: 6.85%
• 6M: 16.44%
• YTD: 27.22%
• 1Y: 38.55%
• 3Y*: 14.53%
• 5Y*: 12.93%
• 10Y*: 8.01%
• ALL TIME*: 3.31%

*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)
BG Bunge Limited	$168.20M	$156.93M	$196.43M
FTGC First Trust Global Tactical Commodity Strategy Fund	$15.55M	$14.47M	$23.37M

BG vs. FTGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BG Bunge Limited	20.66%	18.56%	-20.74%	3.79%	9.28%	46.77%	18.92%	11.77%	-17.99%	-4.76%
FTGC First Trust Global Tactical Commodity Strategy Fund	27.22%	14.61%	9.96%	-5.36%	17.36%	27.95%	2.17%	6.40%	-12.75%	2.73%

Correlation

The correlation between BG and FTGC is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (3Y) Balances recent behavior with more history.	0.28
Correlation (5Y) Shows whether the relationship held over a longer period.	0.33
Correlation (10Y) Provides a long-term view across more market conditions.	0.28
Correlation (All Time) Calculated using the full available price history since Oct 23, 2013	0.27

Return for Risk

BG vs. FTGC — Risk / Return Rank

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

BG

BG Risk / Return Rank: 78
BG Sharpe Ratio Rank: 79
BG Sortino Ratio Rank: 77
BG Omega Ratio Rank: 74
BG Calmar Ratio Rank: 77
BG Martin Ratio Rank: 81

FTGC

FTGC Risk / Return Rank: 87
FTGC Sharpe Ratio Rank: 93
FTGC Sortino Ratio Rank: 91
FTGC Omega Ratio Rank: 91
FTGC Calmar Ratio Rank: 84
FTGC Martin Ratio Rank: 80

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.

BG vs. FTGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bunge Limited (BG) and First Trust Global Tactical Commodity Strategy Fund (FTGC). 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.

	BG	FTGC	Difference
Sharpe ratio: Return per unit of total volatility	1.17	2.44	-1.28
Sortino ratio: Return per unit of downside risk	1.86	3.22	-1.35
Omega ratio: Gain probability vs. loss probability	1.22	1.42	-0.21
Calmar ratio: Return relative to maximum drawdown	1.84	3.14	-1.30
Martin ratio: Return relative to average drawdown	5.72	10.32	-4.60

BG vs. FTGC - Sharpe Ratio Comparison

The current BG Sharpe Ratio is 1.17, which is lower than the FTGC Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of BG and FTGC, 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

BG vs. FTGC - Drawdown Comparison

The maximum BG drawdown since its inception was -77.34%, which is greater than FTGC's maximum drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for BG and FTGC.

Drawdown Indicators

	BG	FTGC	Difference
Max Drawdown Largest peak-to-trough decline	-77.34%	-59.47%	-17.87%
Max Drawdown (1Y) Largest decline over 1 year	-20.18%	-12.34%	-7.84%
Max Drawdown (3Y) Largest decline over 3 years	-38.82%	-12.34%	-26.48%
Max Drawdown (5Y) Largest decline over 5 years	-41.49%	-22.64%	-18.85%
Max Drawdown (10Y) Largest decline over 10 years	-60.49%	-35.91%	-24.58%
Current Drawdown Current decline from peak	-19.16%	-4.60%	-14.56%
Average Drawdown Average peak-to-trough decline	-28.79%	-27.17%	-1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.47%	3.75%	+2.72%

Volatility

BG vs. FTGC - Volatility Comparison

Bunge Limited (BG) has a higher volatility of 12.25% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 4.34%. This indicates that BG's price experiences larger fluctuations and is considered to be riskier than FTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BG	FTGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.25%	4.34%	+7.91%
Volatility (6M) Calculated over the trailing 6-month period	22.14%	13.35%	+8.79%
Volatility (1Y) Calculated over the trailing 1-year period	31.79%	15.87%	+15.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.58%	15.71%	+13.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.10%	14.73%	+16.37%

Dividends

BG vs. FTGC - Dividend Comparison

BG's dividend yield for the trailing twelve months is around 2.65%, less than FTGC's 15.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BG Bunge Limited	2.65%	3.12%	3.48%	2.55%	2.31%	2.76%	3.05%	3.48%	3.59%	2.62%	2.21%	2.11%
FTGC First Trust Global Tactical Commodity Strategy Fund	15.23%	17.74%	3.05%	3.34%	10.35%	7.21%	0.00%	0.81%	0.80%	1.21%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BG and FTGC in my portfolio?

BG and FTGC have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BG or FTGC?

BG has higher volatility (12.25%) compared to FTGC (4.34%). In terms of maximum drawdown, BG dropped -77.34% vs FTGC's -59.47%.

Which has better risk-adjusted returns?

FTGC currently has the higher Sharpe Ratio (2.44 vs 1.17), 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.