COMT vs. FTGC
Compare and contrast key facts about iShares Commodities Select Strategy ETF (COMT) and First Trust Global Tactical Commodity Strategy Fund (FTGC).
COMT and FTGC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014. FTGC is an actively managed fund by First Trust. It was launched on Oct 23, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COMT or FTGC.
Performance
COMT vs. FTGC - Performance Comparison
Returns By Period
In the year-to-date period, COMT achieves a 4.99% return, which is significantly lower than FTGC's 8.38% return. Over the past 10 years, COMT has outperformed FTGC with an annualized return of 0.61%, while FTGC has yielded a comparatively lower 0.49% annualized return.
COMT
4.99%
-0.57%
-2.91%
0.81%
6.49%
0.61%
FTGC
8.38%
-0.00%
-0.85%
4.51%
10.25%
0.49%
Key characteristics
| COMT | FTGC | |
|---|---|---|
| Sharpe Ratio | -0.01 | 0.30 |
| Sortino Ratio | 0.08 | 0.50 |
| Omega Ratio | 1.01 | 1.06 |
| Calmar Ratio | -0.01 | 0.17 |
| Martin Ratio | -0.04 | 0.90 |
| Ulcer Index | 4.57% | 3.92% |
| Daily Std Dev | 14.82% | 11.67% |
| Max Drawdown | -51.89% | -59.47% |
| Current Drawdown | -21.53% | -12.24% |
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COMT vs. FTGC - Expense Ratio Comparison
COMT has a 0.48% expense ratio, which is lower than FTGC's 0.95% expense ratio.
Correlation
The correlation between COMT and FTGC is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
COMT vs. FTGC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Commodities Select Strategy ETF (COMT) 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.
Dividends
COMT vs. FTGC - Dividend Comparison
COMT's dividend yield for the trailing twelve months is around 4.95%, more than FTGC's 3.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares Commodities Select Strategy ETF | 4.95% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% | 0.56% |
FTGC First Trust Global Tactical Commodity Strategy Fund | 3.19% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% | 0.00% | 0.00% | 0.00% |
Drawdowns
COMT vs. FTGC - Drawdown Comparison
The maximum COMT drawdown since its inception was -51.89%, smaller than the maximum FTGC drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for COMT and FTGC. For additional features, visit the drawdowns tool.
Volatility
COMT vs. FTGC - Volatility Comparison
iShares Commodities Select Strategy ETF (COMT) has a higher volatility of 5.33% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 3.72%. This indicates that COMT'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.