DEED vs. IGLD
DEED (First Trust TCW Securitized Plus ETF) and IGLD (FT Cboe Vest Gold Strategy Target Income ETF) are both exchange-traded funds - DEED is a Mortgage Backed Securities fund actively managed by First Trust, while IGLD is a Precious Metals fund actively managed by First Trust. Both are actively managed. Over the past 5 years, DEED returned 0.21%/yr vs 13.02%/yr for IGLD. At a 0.24 correlation, their price movements are largely independent. DEED charges 0.65%/yr vs 0.85%/yr for IGLD.
Performance
DEED vs. IGLD - Performance Comparison
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Returns By Period
In the year-to-date period, DEED achieves a 0.32% return, which is significantly lower than IGLD's 1.69% return.
DEED
- 1D
- -0.10%
- 1M
- 0.21%
- YTD
- 0.32%
- 6M
- 0.49%
- 1Y
- 6.52%
- 3Y*
- 4.92%
- 5Y*
- 0.21%
- 10Y*
- —
IGLD
- 1D
- -0.81%
- 1M
- -1.33%
- YTD
- 1.69%
- 6M
- 4.44%
- 1Y
- 24.53%
- 3Y*
- 23.01%
- 5Y*
- 13.02%
- 10Y*
- —
DEED vs. IGLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DEED First Trust TCW Securitized Plus ETF | 0.32% | 8.91% | 3.19% | 6.43% | -16.03% | 1.05% |
IGLD FT Cboe Vest Gold Strategy Target Income ETF | 1.69% | 47.46% | 19.36% | 9.24% | -2.34% | 4.30% |
Correlation
The correlation between DEED and IGLD is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2021 | 0.24 |
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Return for Risk
DEED vs. IGLD — Risk / Return Rank
DEED
IGLD
DEED vs. IGLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust TCW Securitized Plus ETF (DEED) and FT Cboe 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.
| DEED | IGLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.22 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 1.40 | +0.66 |
| Martin ratioReturn relative to average drawdown | 5.79 | 3.82 | +1.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DEED | IGLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 1.06 | +0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.86 | -0.83 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.94 | -0.74 |
Drawdowns
DEED vs. IGLD - Drawdown Comparison
The maximum DEED drawdown since its inception was -19.96%, which is greater than IGLD's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for DEED and IGLD.
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Drawdown Indicators
| DEED | IGLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.96% | -18.59% | -1.37% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | -17.56% | +14.38% |
Max Drawdown (3Y)Largest decline over 3 years | -8.50% | -17.56% | +9.06% |
Max Drawdown (5Y)Largest decline over 5 years | -19.96% | -18.59% | -1.37% |
Current DrawdownCurrent decline from peak | -2.05% | -15.16% | +13.11% |
Average DrawdownAverage peak-to-trough decline | -6.62% | -5.24% | -1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 6.43% | -5.30% |
Volatility
DEED vs. IGLD - Volatility Comparison
The current volatility for First Trust TCW Securitized Plus ETF (DEED) is 1.10%, while FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a volatility of 5.12%. This indicates that DEED experiences smaller price fluctuations and is considered to be less risky than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEED | IGLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 5.12% | -4.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 21.01% | -18.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.94% | 23.24% | -19.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.54% | 15.17% | -8.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.97% | 15.00% | -9.03% |
DEED vs. IGLD - Expense Ratio Comparison
DEED has a 0.65% expense ratio, which is lower than IGLD's 0.85% expense ratio.
Dividends
DEED vs. IGLD - Dividend Comparison
DEED's dividend yield for the trailing twelve months is around 4.28%, less than IGLD's 17.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DEED First Trust TCW Securitized Plus ETF | 4.28% | 4.10% | 5.73% | 5.59% | 2.43% | 1.93% | 1.60% |
IGLD FT Cboe Vest Gold Strategy Target Income ETF | 17.92% | 9.91% | 20.81% | 7.85% | 4.45% | 2.24% | 0.00% |
Frequently Asked Questions
DEED and IGLD have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGLD has higher volatility (5.12%) compared to DEED (1.10%). In terms of maximum drawdown, DEED dropped -19.96% vs IGLD's -18.59%.
On 5-year performance, IGLD leads with 13.02% vs 0.21% for DEED. On fees, DEED is cheaper at 0.65% per year. On volatility, DEED has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IGLD has performed better with a 13.02% return vs 0.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DEED is cheaper with a 0.65% expense ratio, compared with 0.85% for IGLD.
IGLD has the higher dividend yield at 17.92%, compared with 4.28% for DEED.
DEED is categorized as Mortgage Backed Securities, while IGLD is Precious Metals. Their fees differ too: 0.65% for DEED and 0.85% for IGLD.
DEED currently has the higher Sharpe Ratio (1.66 vs 1.06), 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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