FCG vs. EQT
FCG (First Trust Natural Gas ETF) is Energy Equities fund tracking the Nasdaq FactSet Natural Gas Index, while EQT (EQT Corporation) is a stock. Over the past 10 years, FCG returned 4.37%/yr vs 4.39%/yr for EQT. Their 0.71 correlation means they have sometimes moved together and sometimes differently.
Performance
FCG vs. EQT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FCG achieves a 25.55% return, which is significantly higher than EQT's 0.49% return. Both investments have delivered pretty close results over the past 10 years, with FCG having a 4.37% annualized return and EQT not far ahead at 4.39%.
FCG
- 1D
- -0.89%
- 1M
- 10.02%
- 6M
- 18.75%
- YTD
- 25.55%
- 1Y
- 30.04%
- 3Y*
- 6.75%
- 5Y*
- 19.99%
- 10Y*
- 4.37%
- ALL TIME*
- -4.48%
EQT
- 1D
- 0.51%
- 1M
- 1.81%
- 6M
- -1.62%
- YTD
- 0.49%
- 1Y
- 3.53%
- 3Y*
- 10.17%
- 5Y*
- 25.80%
- 10Y*
- 4.39%
- ALL TIME*
- 10.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $418.95M | $392.36M | $389.11M | |
| $20.29M | $18.94M | $23.89M |
FCG vs. EQT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCG First Trust Natural Gas ETF | 25.55% | -2.28% | 4.16% | 2.55% | 47.24% | 98.49% | -23.20% | -15.76% | -34.81% | -11.38% |
EQT EQT Corporation | 0.49% | 17.64% | 21.41% | 16.20% | 57.64% | 71.60% | 17.27% | -41.82% | -38.82% | -12.80% |
Correlation
The correlation between FCG and EQT is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.61 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.67 |
Correlation (All Time) Calculated using the full available price history since May 11, 2007 | 0.71 |
The correlation between FCG and EQT shifts across timeframes, from 0.57 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FCG vs. EQT — Risk / Return Rank
FCG
EQT
FCG vs. EQT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Natural Gas ETF (FCG) and EQT Corporation (EQT). 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.
| FCG | EQT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.99 | ||
| Sortino ratioReturn per unit of downside risk | +1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.05 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 0.13 | +1.41 |
| Martin ratioReturn relative to average drawdown | 3.84 | 0.28 | +3.56 |
Loading charts...
Drawdowns
FCG vs. EQT - Drawdown Comparison
The maximum FCG drawdown since its inception was -97.20%, which is greater than EQT's maximum drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for FCG and EQT.
Loading charts...
Drawdown Indicators
| FCG | EQT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.20% | -91.51% | -5.69% |
Max Drawdown (1Y)Largest decline over 1 year | -19.67% | -27.89% | +8.22% |
Max Drawdown (3Y)Largest decline over 3 years | -29.44% | -31.62% | +2.18% |
Max Drawdown (5Y)Largest decline over 5 years | -33.33% | -42.56% | +9.23% |
Max Drawdown (10Y)Largest decline over 10 years | -85.04% | -87.56% | +2.52% |
Current DrawdownCurrent decline from peak | -74.69% | -20.93% | -53.76% |
Average DrawdownAverage peak-to-trough decline | -65.45% | -23.34% | -42.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.85% | 12.70% | -4.85% |
Volatility
FCG vs. EQT - Volatility Comparison
The current volatility for First Trust Natural Gas ETF (FCG) is 8.92%, while EQT Corporation (EQT) has a volatility of 10.22%. This indicates that FCG experiences smaller price fluctuations and is considered to be less risky than EQT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FCG | EQT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.92% | 10.22% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 21.33% | 20.52% | +0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.35% | 30.53% | -3.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.06% | 42.08% | -9.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.24% | 48.97% | -10.73% |
Dividends
FCG vs. EQT - Dividend Comparison
FCG's dividend yield for the trailing twelve months is around 2.19%, more than EQT's 1.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQT EQT Corporation | 1.22% | 1.19% | 1.37% | 1.57% | 1.63% | 0.00% | 0.24% | 1.10% | 0.42% | 0.21% | 0.18% | 0.23% |
FCG First Trust Natural Gas ETF | 2.19% | 2.86% | 2.76% | 3.25% | 3.04% | 1.73% | 3.82% | 2.87% | 1.46% | 1.56% | 1.70% | 4.79% |
Frequently Asked Questions
FCG and EQT have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EQT has higher volatility (10.22%) compared to FCG (8.92%). In terms of maximum drawdown, FCG dropped -97.20% vs EQT's -91.51%.
FCG currently has the higher Sharpe Ratio (1.11 vs 0.12), 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.
Find the right allocation for FCG and EQT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer