CRPT vs. IGLD

Last updated Jul 18, 2026

CRPT (First Trust SkyBridge Crypto Industry & Digital Economy ETF) and IGLD (FT Vest Gold Strategy Target Income ETF) are both exchange-traded funds - CRPT is a Technology Equities fund actively managed by First Trust, while IGLD is a Gold fund actively managed by First Trust. Both are actively managed. Over the past 3 years, CRPT returned 14.07%/yr vs 18.62%/yr for IGLD. At a 0.14 correlation, their price movements are largely independent. Both charge a 0.85% expense ratio.

Performance

CRPT vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and FT Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRPT achieves a -23.76% return, which is significantly lower than IGLD's -7.72% return.

CRPT

• 1D: -2.03%
• 1M: -16.17%
• 6M: -37.26%
• YTD: -23.76%
• 1Y: -54.33%
• 3Y*: 14.07%
• 5Y*: —
• 10Y*: —

IGLD

• 1D: 0.59%
• 1M: -5.29%
• 6M: -11.78%
• YTD: -7.72%
• 1Y: 12.96%
• 3Y*: 18.62%
• 5Y*: 11.82%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRPT vs. IGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF	-23.76%	-9.54%	75.29%	193.86%	-80.84%	-9.59%
IGLD FT Vest Gold Strategy Target Income ETF	-7.72%	47.46%	19.36%	9.24%	-2.34%	3.39%

Correlation

The correlation between CRPT and IGLD is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (All Time) Calculated using the full available price history since Sep 21, 2021	0.14

The correlation between CRPT and IGLD shifts across timeframes, from 0.14 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CRPT vs. IGLD — Risk / Return Rank

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

CRPT

CRPT Risk / Return Rank: 2
CRPT Sharpe Ratio Rank: 2
CRPT Sortino Ratio Rank: 2
CRPT Omega Ratio Rank: 2
CRPT Calmar Ratio Rank: 0
CRPT Martin Ratio Rank: 1

IGLD

IGLD Risk / Return Rank: 19
IGLD Sharpe Ratio Rank: 20
IGLD Sortino Ratio Rank: 19
IGLD Omega Ratio Rank: 21
IGLD Calmar Ratio Rank: 18
IGLD Martin Ratio Rank: 18

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.

CRPT vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and FT Vest Gold Strategy Target Income ETF (IGLD). 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.

	CRPT	IGLD	Difference
Sharpe ratio: Return per unit of total volatility	-0.93	0.52	-1.45
Sortino ratio: Return per unit of downside risk	-1.44	0.84	-2.27
Omega ratio: Gain probability vs. loss probability	0.84	1.12	-0.28
Calmar ratio: Return relative to maximum drawdown	-0.97	0.55	-1.52
Martin ratio: Return relative to average drawdown	-1.51	1.35	-2.86

CRPT vs. IGLD - Sharpe Ratio Comparison

The current CRPT Sharpe Ratio is -0.93, which is lower than the IGLD Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of CRPT and IGLD, 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

CRPT vs. IGLD - Drawdown Comparison

The maximum CRPT drawdown since its inception was -88.34%, which is greater than IGLD's maximum drawdown of -23.84%. Use the drawdown chart below to compare losses from any high point for CRPT and IGLD.

Drawdown Indicators

	CRPT	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-88.34%	-23.84%	-64.50%
Max Drawdown (1Y) Largest decline over 1 year	-55.99%	-23.84%	-32.15%
Max Drawdown (3Y) Largest decline over 3 years	-56.46%	-23.84%	-32.62%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.84%	—
Current Drawdown Current decline from peak	-55.76%	-23.01%	-32.75%
Average Drawdown Average peak-to-trough decline	-52.58%	-5.58%	-47.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.50%	9.62%	+26.88%

Volatility

CRPT vs. IGLD - Volatility Comparison

First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) has a higher volatility of 14.96% compared to FT Vest Gold Strategy Target Income ETF (IGLD) at 6.42%. This indicates that CRPT's price experiences larger fluctuations and is considered to be riskier than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRPT	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.96%	6.42%	+8.54%
Volatility (6M) Calculated over the trailing 6-month period	46.77%	22.46%	+24.31%
Volatility (1Y) Calculated over the trailing 1-year period	58.69%	24.93%	+33.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.44%	15.66%	+56.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.44%	15.41%	+57.03%

CRPT vs. IGLD - Expense Ratio Comparison

Both CRPT and IGLD have an expense ratio of 0.85%.

Dividends

CRPT vs. IGLD - Dividend Comparison

CRPT's dividend yield for the trailing twelve months is around 0.99%, less than IGLD's 21.60% yield.

Position	TTM	2025	2024	2023	2022	2021
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF	0.99%	0.75%	1.84%	0.00%	0.03%	1.16%
IGLD FT Vest Gold Strategy Target Income ETF	21.60%	9.91%	20.81%	7.85%	4.45%	2.24%

Frequently Asked Questions

Can I hold both CRPT and IGLD in my portfolio?

CRPT and IGLD have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRPT or IGLD?

CRPT has higher volatility (14.96%) compared to IGLD (6.42%). In terms of maximum drawdown, CRPT dropped -88.34% vs IGLD's -23.84%.

Which ETF is better, CRPT or IGLD?

On 3-year performance, IGLD leads with 18.62% vs 14.07% for CRPT. Both ETFs have the same 0.85% expense ratio. On volatility, IGLD has been the lower-risk option at 6.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CRPT or IGLD?

Over the 3-year period, IGLD has performed better with a 18.62% return vs 14.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CRPT or IGLD?

CRPT and IGLD have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, CRPT or IGLD?

IGLD has the higher dividend yield at 21.60%, compared with 0.99% for CRPT.

What is the main difference between CRPT and IGLD?

CRPT is categorized as Technology Equities, while IGLD is Gold.

Which has better risk-adjusted returns?

IGLD currently has the higher Sharpe Ratio (0.52 vs -0.93), 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.