FFGCX vs. FTGC
Compare and contrast key facts about Fidelity Global Commodity Stock Fund (FFGCX) and First Trust Global Tactical Commodity Strategy Fund (FTGC).
FFGCX is managed by Fidelity. It was launched on Mar 25, 2009. FTGC is an actively managed fund by First Trust. It was launched on Oct 23, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFGCX or FTGC.
Key characteristics
| FFGCX | FTGC | |
|---|---|---|
| YTD Return | 7.55% | 9.76% |
| 1Y Return | 8.23% | 10.11% |
| 3Y Return (Ann) | 8.96% | 10.42% |
| 5Y Return (Ann) | 11.86% | 10.25% |
| 10Y Return (Ann) | 5.24% | -1.13% |
| Sharpe Ratio | 0.45 | 0.75 |
| Daily Std Dev | 17.46% | 11.83% |
| Max Drawdown | -55.11% | -59.47% |
| Current Drawdown | -10.36% | -11.13% |
Correlation
The correlation between FFGCX and FTGC is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FFGCX vs. FTGC - Performance Comparison
In the year-to-date period, FFGCX achieves a 7.55% return, which is significantly lower than FTGC's 9.76% return. Over the past 10 years, FFGCX has outperformed FTGC with an annualized return of 5.24%, while FTGC has yielded a comparatively lower -1.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFGCX vs. FTGC - Expense Ratio Comparison
FFGCX has a 0.94% expense ratio, which is lower than FTGC's 0.95% expense ratio.
Risk-Adjusted Performance
FFGCX vs. FTGC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Global Commodity Stock Fund (FFGCX) 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.
Dividends
FFGCX vs. FTGC - Dividend Comparison
FFGCX's dividend yield for the trailing twelve months is around 1.87%, less than FTGC's 3.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFGCX Fidelity Global Commodity Stock Fund | 1.87% | 2.01% | 1.84% | 3.39% | 1.61% | 2.98% | 2.22% | 1.35% | 1.53% | 2.86% | 3.07% | 2.75% |
FTGC First Trust Global Tactical Commodity Strategy Fund | 3.08% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFGCX vs. FTGC - Drawdown Comparison
The maximum FFGCX drawdown since its inception was -55.11%, smaller than the maximum FTGC drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for FFGCX and FTGC. For additional features, visit the drawdowns tool.
Volatility
FFGCX vs. FTGC - Volatility Comparison
Fidelity Global Commodity Stock Fund (FFGCX) has a higher volatility of 3.42% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 2.29%. This indicates that FFGCX'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.