FCG vs. FTI

Last updated Jun 4, 2026

FCG (First Trust Natural Gas ETF) is Energy Equities fund tracking the ISE-Revere Natural Gas Index, while FTI (TechnipFMC plc) is a stock. Over the past 10 years, FCG returned 4.65%/yr vs 14.13%/yr for FTI. A 0.69 correlation means they provide meaningful diversification when combined.

Performance

FCG vs. FTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Natural Gas ETF (FCG) and TechnipFMC plc (FTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCG achieves a 27.71% return, which is significantly lower than FTI's 52.69% return. Over the past 10 years, FCG has underperformed FTI with an annualized return of 4.65%, while FTI has yielded a comparatively higher 14.13% annualized return.

FCG

• 1D: 1.02%
• 1M: -6.03%
• YTD: 27.71%
• 6M: 20.12%
• 1Y: 32.99%
• 3Y*: 12.75%
• 5Y*: 16.52%
• 10Y*: 4.65%

FTI

• 1D: -2.17%
• 1M: -8.87%
• YTD: 52.69%
• 6M: 45.79%
• 1Y: 114.38%
• 3Y*: 67.09%
• 5Y*: 46.11%
• 10Y*: 14.13%

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

FCG vs. FTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCG First Trust Natural Gas ETF	27.71%	-2.28%	4.16%	2.55%	47.24%	98.49%	-23.20%	-15.76%	-34.81%	-11.38%
FTI TechnipFMC plc	52.69%	54.90%	44.78%	66.07%	105.91%	-15.36%	-55.23%	12.09%	-36.32%	-11.44%

Correlation

The correlation between FCG and FTI is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since May 14, 2007	0.69

Over the past year, the correlation between FCG and FTI has dropped to 0.41 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

Return for Risk

FCG vs. FTI — Risk / Return Rank

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

FCG

FCG Risk / Return Rank: 36
FCG Sharpe Ratio Rank: 34
FCG Sortino Ratio Rank: 31
FCG Omega Ratio Rank: 30
FCG Calmar Ratio Rank: 51
FCG Martin Ratio Rank: 36

FTI

FTI Risk / Return Rank: 96
FTI Sharpe Ratio Rank: 96
FTI Sortino Ratio Rank: 96
FTI Omega Ratio Rank: 95
FTI Calmar Ratio Rank: 96
FTI Martin Ratio Rank: 97

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.

FCG vs. FTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Natural Gas ETF (FCG) and TechnipFMC plc (FTI). 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.

	FCG	FTI	Difference
Sharpe ratio: Return per unit of total volatility	1.24	3.65	-2.41
Sortino ratio: Return per unit of downside risk	1.69	4.42	-2.73
Omega ratio: Gain probability vs. loss probability	1.21	1.57	-0.37
Calmar ratio: Return relative to maximum drawdown	2.54	8.84	-6.31
Martin ratio: Return relative to average drawdown	5.56	25.58	-20.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCG vs. FTI - Sharpe Ratio Comparison

The current FCG Sharpe Ratio is 1.24, which is lower than the FTI Sharpe Ratio of 3.65. The chart below compares the historical Sharpe Ratios of FCG and FTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FCG	FTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	3.65	-2.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	1.09	-0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	0.30	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.29	-0.40

Drawdowns

FCG vs. FTI - Drawdown Comparison

The maximum FCG drawdown since its inception was -97.20%, which is greater than FTI's maximum drawdown of -91.74%. Use the drawdown chart below to compare losses from any high point for FCG and FTI.

Drawdown Indicators

	FCG	FTI	Difference
Max Drawdown Largest peak-to-trough decline	-97.20%	-91.74%	-5.46%
Max Drawdown (1Y) Largest decline over 1 year	-13.07%	-13.01%	-0.06%
Max Drawdown (3Y) Largest decline over 3 years	-29.44%	-28.94%	-0.50%
Max Drawdown (5Y) Largest decline over 5 years	-33.33%	-47.36%	+14.03%
Max Drawdown (10Y) Largest decline over 10 years	-85.04%	-85.71%	+0.67%
Current Drawdown Current decline from peak	-74.25%	-11.69%	-62.56%
Average Drawdown Average peak-to-trough decline	-65.38%	-33.95%	-31.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.95%	4.49%	+1.46%

Volatility

FCG vs. FTI - Volatility Comparison

First Trust Natural Gas ETF (FCG) and TechnipFMC plc (FTI) have volatilities of 9.60% and 9.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCG	FTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.60%	9.75%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	20.15%	21.81%	-1.66%
Volatility (1Y) Calculated over the trailing 1-year period	26.75%	31.56%	-4.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.46%	42.53%	-9.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.30%	47.75%	-9.45%

Dividends

FCG vs. FTI - Dividend Comparison

FCG's dividend yield for the trailing twelve months is around 2.15%, more than FTI's 0.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCG First Trust Natural Gas ETF	2.15%	2.86%	2.76%	3.25%	3.04%	1.73%	3.82%	2.87%	1.46%	1.56%	1.70%	4.79%
FTI TechnipFMC plc	0.29%	0.45%	0.69%	0.50%	0.00%	0.00%	1.38%	2.43%	2.66%	0.42%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FCG and FTI in my portfolio?

FCG and FTI have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCG or FTI?

FTI has higher volatility (9.75%) compared to FCG (9.60%). In terms of maximum drawdown, FCG dropped -97.20% vs FTI's -91.74%.

Which has better risk-adjusted returns?

FTI currently has the higher Sharpe Ratio (3.65 vs 1.24), 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.