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FTAG vs. DBA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FTAG and DBA is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

FTAG vs. DBA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx Global Agriculture ETF (FTAG) and Invesco DB Agriculture Fund (DBA). The values are adjusted to include any dividend payments, if applicable.

-80.00%-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-80.41%
21.13%
FTAG
DBA

Key characteristics

Sharpe Ratio

FTAG:

-0.34

DBA:

1.91

Sortino Ratio

FTAG:

-0.38

DBA:

2.54

Omega Ratio

FTAG:

0.96

DBA:

1.33

Calmar Ratio

FTAG:

-0.06

DBA:

0.69

Martin Ratio

FTAG:

-0.94

DBA:

5.87

Ulcer Index

FTAG:

5.19%

DBA:

5.55%

Daily Std Dev

FTAG:

14.04%

DBA:

17.07%

Max Drawdown

FTAG:

-90.88%

DBA:

-67.97%

Current Drawdown

FTAG:

-83.21%

DBA:

-29.40%

Returns By Period

In the year-to-date period, FTAG achieves a -7.06% return, which is significantly lower than DBA's 33.08% return. Over the past 10 years, FTAG has underperformed DBA with an annualized return of -6.21%, while DBA has yielded a comparatively higher 1.62% annualized return.


FTAG

YTD

-7.06%

1M

-2.12%

6M

-3.56%

1Y

-6.05%

5Y*

2.05%

10Y*

-6.21%

DBA

YTD

33.08%

1M

4.70%

6M

12.24%

1Y

32.76%

5Y*

12.15%

10Y*

1.62%

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FTAG vs. DBA - Expense Ratio Comparison

FTAG has a 0.70% expense ratio, which is lower than DBA's 0.94% expense ratio.


DBA
Invesco DB Agriculture Fund
Expense ratio chart for DBA: current value at 0.94% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.94%
Expense ratio chart for FTAG: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%

Risk-Adjusted Performance

FTAG vs. DBA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Global Agriculture ETF (FTAG) and Invesco DB Agriculture Fund (DBA). 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.


Sharpe ratio
The chart of Sharpe ratio for FTAG, currently valued at -0.33, compared to the broader market0.002.004.00-0.331.91
The chart of Sortino ratio for FTAG, currently valued at -0.37, compared to the broader market-2.000.002.004.006.008.0010.00-0.372.54
The chart of Omega ratio for FTAG, currently valued at 0.96, compared to the broader market0.501.001.502.002.503.000.961.33
The chart of Calmar ratio for FTAG, currently valued at -0.06, compared to the broader market0.005.0010.0015.00-0.060.87
The chart of Martin ratio for FTAG, currently valued at -0.89, compared to the broader market0.0020.0040.0060.0080.00100.00-0.895.87
FTAG
DBA

The current FTAG Sharpe Ratio is -0.34, which is lower than the DBA Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of FTAG and DBA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.33
1.91
FTAG
DBA

Dividends

FTAG vs. DBA - Dividend Comparison

FTAG's dividend yield for the trailing twelve months is around 3.58%, while DBA has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FTAG
First Trust Indxx Global Agriculture ETF
2.91%3.68%1.76%1.58%1.72%2.33%2.16%1.26%0.61%1.36%2.82%1.65%
DBA
Invesco DB Agriculture Fund
0.00%4.63%0.48%0.00%0.00%1.55%1.06%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FTAG vs. DBA - Drawdown Comparison

The maximum FTAG drawdown since its inception was -90.88%, which is greater than DBA's maximum drawdown of -67.97%. Use the drawdown chart below to compare losses from any high point for FTAG and DBA. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-83.21%
-15.99%
FTAG
DBA

Volatility

FTAG vs. DBA - Volatility Comparison

First Trust Indxx Global Agriculture ETF (FTAG) has a higher volatility of 4.89% compared to Invesco DB Agriculture Fund (DBA) at 3.47%. This indicates that FTAG's price experiences larger fluctuations and is considered to be riskier than DBA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.89%
3.47%
FTAG
DBA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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