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BTC-USD vs. FTGC
Performance
Return for Risk
Drawdowns
Volatility

Performance

BTC-USD vs. FTGC - Performance Comparison

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

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Returns By Period

In the year-to-date period, BTC-USD achieves a -28.54% return, which is significantly lower than FTGC's 23.51% return. Over the past 10 years, BTC-USD has outperformed FTGC with an annualized return of 59.68%, while FTGC has yielded a comparatively lower 7.34% annualized return.


BTC-USD

1D
-1.22%
1M
-22.47%
YTD
-28.54%
6M
-31.02%
1Y
-40.89%
3Y*
33.16%
5Y*
10.82%
10Y*
59.68%

FTGC

1D
-0.03%
1M
-4.09%
YTD
23.51%
6M
23.08%
1Y
35.61%
3Y*
16.53%
5Y*
12.36%
10Y*
7.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTC-USD vs. FTGC - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BTC-USD
Bitcoin
-28.54%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%
FTGC
First Trust Global Tactical Commodity Strategy Fund
23.51%14.61%9.96%-5.36%17.36%27.95%2.17%6.40%-12.75%2.73%

Correlation

The correlation between BTC-USD and FTGC is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.11

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.10

Correlation (10Y)
Calculated over the trailing 10-year period

0.08

Correlation (All Time)
Calculated using the full available price history since Oct 24, 2013

0.06

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Return for Risk

BTC-USD vs. FTGC — Risk / Return Rank

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

BTC-USD
BTC-USD Risk / Return Rank: 2828
Overall Rank
BTC-USD Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3333
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3333
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4646
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 1616
Martin Ratio Rank

FTGC
FTGC Risk / Return Rank: 7979
Overall Rank
FTGC Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
FTGC Sortino Ratio Rank: 7474
Sortino Ratio Rank
FTGC Omega Ratio Rank: 7575
Omega Ratio Rank
FTGC Calmar Ratio Rank: 8787
Calmar Ratio Rank
FTGC Martin Ratio Rank: 8080
Martin Ratio Rank
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.

BTC-USD vs. FTGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) 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.


BTC-USDFTGCDifference
Sharpe ratioReturn per unit of total volatility

-3.22

Sortino ratioReturn per unit of downside risk

-4.33

Omega ratioGain probability vs. loss probability

0.86

1.40

-0.54

Calmar ratioReturn relative to maximum drawdown

-0.80

4.52

-5.32

Martin ratioReturn relative to average drawdown

-1.42

14.31

-15.73

BTC-USD vs. FTGC - Sharpe Ratio Comparison

The current BTC-USD Sharpe Ratio is -0.95, which is lower than the FTGC Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of BTC-USD 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.


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Sharpe Ratios by Period


BTC-USDFTGCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.95

2.27

-3.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.20

0.78

-0.58

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.87

0.50

+0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

1.13

0.22

+0.91

Drawdowns

BTC-USD vs. FTGC - Drawdown Comparison

The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than FTGC's maximum drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for BTC-USD and FTGC.


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Drawdown Indicators


BTC-USDFTGCDifference

Max Drawdown

Largest peak-to-trough decline

-85.30%

-59.47%

-25.83%

Max Drawdown (1Y)

Largest decline over 1 year

-51.21%

-7.91%

-43.30%

Max Drawdown (3Y)

Largest decline over 3 years

-51.21%

-10.39%

-40.82%

Max Drawdown (5Y)

Largest decline over 5 years

-76.67%

-22.64%

-54.03%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

-35.91%

-47.89%

Current Drawdown

Current decline from peak

-49.86%

-7.38%

-42.48%

Average Drawdown

Average peak-to-trough decline

-42.32%

-27.40%

-14.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

34.46%

2.50%

+31.96%

Volatility

BTC-USD vs. FTGC - Volatility Comparison

Bitcoin (BTC-USD) has a higher volatility of 11.59% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 4.76%. This indicates that BTC-USD'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.


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Volatility by Period


BTC-USDFTGCDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.59%

4.76%

+6.83%

Volatility (6M)

Calculated over the trailing 6-month period

34.53%

13.37%

+21.16%

Volatility (1Y)

Calculated over the trailing 1-year period

35.67%

15.78%

+19.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.95%

15.97%

+28.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.71%

14.72%

+41.99%

Frequently Asked Questions


BTC-USD and FTGC have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BTC-USD has higher volatility (11.59%) compared to FTGC (4.76%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs FTGC's -59.47%.

FTGC currently has the higher Sharpe Ratio (2.27 vs -0.95), 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.

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