FCTE vs. SUPP

Last updated Jun 6, 2026

FCTE (SMI 3Fourteen Full-Cycle Trend ETF) and SUPP (TCW Transform Supply Chain ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, FCTE returned 2.91% vs 27.28% for SUPP. A 0.75 correlation means they provide meaningful diversification when combined. FCTE charges 0.85%/yr vs 0.75%/yr for SUPP.

Performance

FCTE vs. SUPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SMI 3Fourteen Full-Cycle Trend ETF (FCTE) and TCW Transform Supply Chain ETF (SUPP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCTE achieves a 8.91% return, which is significantly lower than SUPP's 17.13% return.

FCTE

• 1D: -0.88%
• 1M: -0.24%
• YTD: 8.91%
• 6M: 7.45%
• 1Y: 2.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SUPP

• 1D: -3.99%
• 1M: -1.30%
• YTD: 17.13%
• 6M: 14.78%
• 1Y: 27.28%
• 3Y*: 18.03%
• 5Y*: —
• 10Y*: —

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

FCTE vs. SUPP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FCTE SMI 3Fourteen Full-Cycle Trend ETF	8.91%	-3.80%	5.47%
SUPP TCW Transform Supply Chain ETF	17.13%	11.65%	-2.11%

Correlation

The correlation between FCTE and SUPP is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jul 3, 2024	0.75

The correlation between FCTE and SUPP shifts across timeframes, from 0.65 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

FCTE vs. SUPP - Sectors Allocation Comparison

Sectors	FCTE	SUPP
Technology	44.1%	37.9%
Healthcare	21.8%	-
Industrials	13.8%	51.2%
Consumer Cyclical	9.3%	6.7%
Communication Services	6.1%	-
Consumer Defensive	4.8%	-
Basic Materials	-	4.2%
Energy	-	-
Financial Services	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FCTE vs. SUPP — Risk / Return Rank

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

FCTE

FCTE Risk / Return Rank: 12
FCTE Sharpe Ratio Rank: 12
FCTE Sortino Ratio Rank: 12
FCTE Omega Ratio Rank: 12
FCTE Calmar Ratio Rank: 12
FCTE Martin Ratio Rank: 12

SUPP

SUPP Risk / Return Rank: 44
SUPP Sharpe Ratio Rank: 42
SUPP Sortino Ratio Rank: 42
SUPP Omega Ratio Rank: 41
SUPP Calmar Ratio Rank: 43
SUPP Martin Ratio Rank: 52

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.

FCTE vs. SUPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SMI 3Fourteen Full-Cycle Trend ETF (FCTE) and TCW Transform Supply Chain ETF (SUPP). 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.

	FCTE	SUPP	Difference
Sharpe ratio: Return per unit of total volatility	0.20	1.39	-1.19
Sortino ratio: Return per unit of downside risk	0.38	1.98	-1.60
Omega ratio: Gain probability vs. loss probability	1.05	1.25	-0.21
Calmar ratio: Return relative to maximum drawdown	0.23	2.02	-1.79
Martin ratio: Return relative to average drawdown	0.63	8.28	-7.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCTE vs. SUPP - Sharpe Ratio Comparison

The current FCTE Sharpe Ratio is 0.20, which is lower than the SUPP Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of FCTE and SUPP, 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

	FCTE	SUPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	1.39	-1.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.82	-0.53

Drawdowns

FCTE vs. SUPP - Drawdown Comparison

The maximum FCTE drawdown since its inception was -19.68%, smaller than the maximum SUPP drawdown of -25.03%. Use the drawdown chart below to compare losses from any high point for FCTE and SUPP.

Drawdown Indicators

	FCTE	SUPP	Difference
Max Drawdown Largest peak-to-trough decline	-19.68%	-25.03%	+5.35%
Max Drawdown (1Y) Largest decline over 1 year	-12.85%	-13.59%	+0.74%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.03%	—
Current Drawdown Current decline from peak	-3.10%	-3.99%	+0.89%
Average Drawdown Average peak-to-trough decline	-6.01%	-4.40%	-1.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.66%	3.30%	+1.36%

Volatility

FCTE vs. SUPP - Volatility Comparison

The current volatility for SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is 3.77%, while TCW Transform Supply Chain ETF (SUPP) has a volatility of 7.84%. This indicates that FCTE experiences smaller price fluctuations and is considered to be less risky than SUPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCTE	SUPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.77%	7.84%	-4.07%
Volatility (6M) Calculated over the trailing 6-month period	12.35%	16.95%	-4.60%
Volatility (1Y) Calculated over the trailing 1-year period	14.99%	19.77%	-4.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.68%	19.55%	-0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.68%	19.55%	-0.87%

FCTE vs. SUPP - Expense Ratio Comparison

FCTE has a 0.85% expense ratio, which is higher than SUPP's 0.75% expense ratio.

Dividends

FCTE vs. SUPP - Dividend Comparison

FCTE's dividend yield for the trailing twelve months is around 0.08%, less than SUPP's 0.30% yield.

Position	TTM	2025	2024	2023
FCTE SMI 3Fourteen Full-Cycle Trend ETF	0.08%	0.18%	0.18%	0.00%
SUPP TCW Transform Supply Chain ETF	0.30%	0.35%	0.49%	0.45%

Frequently Asked Questions

Can I hold both FCTE and SUPP in my portfolio?

FCTE and SUPP have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCTE or SUPP?

SUPP has higher volatility (7.84%) compared to FCTE (3.77%). In terms of maximum drawdown, FCTE dropped -19.68% vs SUPP's -25.03%.

Which ETF is better, FCTE or SUPP?

On 1-year performance, SUPP leads with 27.28% vs 2.91% for FCTE. On fees, SUPP is cheaper at 0.75% per year. On volatility, FCTE has been the lower-risk option at 3.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FCTE or SUPP?

Over the 1-year period, SUPP has performed better with a 27.28% return vs 2.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FCTE or SUPP?

SUPP is cheaper with a 0.75% expense ratio, compared with 0.85% for FCTE.

Which ETF pays a higher dividend yield, FCTE or SUPP?

SUPP has the higher dividend yield at 0.30%, compared with 0.08% for FCTE.

What is the main difference between FCTE and SUPP?

They also come from different issuers: SMI 3Fourteen and TCW. Their fees differ too: 0.85% for FCTE and 0.75% for SUPP.

Which has better risk-adjusted returns?

SUPP currently has the higher Sharpe Ratio (1.39 vs 0.20), 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.