DHT vs. FTGC

Last updated Jun 25, 2026

DHT (DHT Holdings, Inc.) 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, DHT returned 23.05%/yr vs 6.98%/yr for FTGC. At a 0.21 correlation, their price movements are largely independent.

Performance

DHT vs. FTGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DHT Holdings, Inc. (DHT) 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, DHT achieves a 68.70% return, which is significantly higher than FTGC's 16.89% return. Over the past 10 years, DHT has outperformed FTGC with an annualized return of 23.05%, while FTGC has yielded a comparatively lower 6.98% annualized return.

DHT

• 1D: -2.86%
• 1M: 11.57%
• YTD: 68.70%
• 6M: 70.09%
• 1Y: 91.02%
• 3Y*: 44.76%
• 5Y*: 32.83%
• 10Y*: 23.05%

FTGC

• 1D: -1.65%
• 1M: -8.90%
• YTD: 16.89%
• 6M: 15.85%
• 1Y: 28.35%
• 3Y*: 13.63%
• 5Y*: 11.70%
• 10Y*: 6.98%

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

DHT vs. FTGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DHT DHT Holdings, Inc.	68.70%	40.04%	3.58%	24.07%	73.87%	1.41%	-20.52%	118.96%	11.32%	-9.26%
FTGC First Trust Global Tactical Commodity Strategy Fund	16.89%	14.61%	9.96%	-5.36%	17.36%	27.95%	2.17%	6.40%	-12.75%	2.73%

Correlation

The correlation between DHT and FTGC is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Oct 23, 2013	0.21

Over the past year, the correlation between DHT and FTGC has dropped to 0.00 - well below their long-term average of 0.21, suggesting their price drivers have been diverging.

Return for Risk

DHT vs. FTGC — Risk / Return Rank

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

DHT

DHT Risk / Return Rank: 93
DHT Sharpe Ratio Rank: 94
DHT Sortino Ratio Rank: 93
DHT Omega Ratio Rank: 90
DHT Calmar Ratio Rank: 95
DHT Martin Ratio Rank: 93

FTGC

FTGC Risk / Return Rank: 58
FTGC Sharpe Ratio Rank: 62
FTGC Sortino Ratio Rank: 58
FTGC Omega Ratio Rank: 59
FTGC Calmar Ratio Rank: 52
FTGC Martin Ratio Rank: 59

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.

DHT vs. FTGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DHT Holdings, Inc. (DHT) 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.

	DHT	FTGC	Difference
Sharpe ratio: Return per unit of total volatility	2.66	1.83	+0.82
Sortino ratio: Return per unit of downside risk	3.42	2.48	+0.94
Omega ratio: Gain probability vs. loss probability	1.40	1.33	+0.08
Calmar ratio: Return relative to maximum drawdown	6.01	2.31	+3.70
Martin ratio: Return relative to average drawdown	13.73	9.40	+4.33

DHT vs. FTGC - Sharpe Ratio Comparison

The current DHT Sharpe Ratio is 2.66, which is higher than the FTGC Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of DHT 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

DHT vs. FTGC - Drawdown Comparison

The maximum DHT drawdown since its inception was -97.12%, which is greater than FTGC's maximum drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for DHT and FTGC.

Drawdown Indicators

	DHT	FTGC	Difference
Max Drawdown Largest peak-to-trough decline	-97.12%	-59.47%	-37.65%
Max Drawdown (1Y) Largest decline over 1 year	-15.22%	-12.34%	-2.88%
Max Drawdown (3Y) Largest decline over 3 years	-24.96%	-12.34%	-12.62%
Max Drawdown (5Y) Largest decline over 5 years	-34.44%	-22.64%	-11.80%
Max Drawdown (10Y) Largest decline over 10 years	-39.56%	-35.91%	-3.65%
Current Drawdown Current decline from peak	-61.06%	-12.34%	-48.72%
Average Drawdown Average peak-to-trough decline	-76.34%	-27.33%	-49.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.65%	3.02%	+3.63%

Volatility

DHT vs. FTGC - Volatility Comparison

DHT Holdings, Inc. (DHT) has a higher volatility of 11.98% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 3.33%. This indicates that DHT'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

	DHT	FTGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.98%	3.33%	+8.65%
Volatility (6M) Calculated over the trailing 6-month period	28.42%	13.32%	+15.10%
Volatility (1Y) Calculated over the trailing 1-year period	34.70%	15.64%	+19.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.50%	15.89%	+22.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.64%	14.72%	+26.92%

Dividends

DHT vs. FTGC - Dividend Comparison

DHT's dividend yield for the trailing twelve months is around 7.58%, less than FTGC's 16.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHT DHT Holdings, Inc.	7.58%	6.06%	10.76%	11.72%	1.35%	2.50%	25.81%	2.42%	2.04%	5.57%	17.15%	6.55%
FTGC First Trust Global Tactical Commodity Strategy Fund	16.40%	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 DHT and FTGC in my portfolio?

DHT and FTGC have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DHT or FTGC?

DHT has higher volatility (11.98%) compared to FTGC (3.33%). In terms of maximum drawdown, DHT dropped -97.12% vs FTGC's -59.47%.

Which has better risk-adjusted returns?

DHT currently has the higher Sharpe Ratio (2.66 vs 1.83), 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.