FTAG vs. TAGS
Compare and contrast key facts about First Trust Indxx Global Agriculture ETF (FTAG) and Teucrium Agricultural Fund (TAGS).
FTAG and TAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTAG is a passively managed fund by First Trust that tracks the performance of the Indxx Global Agriculture Index. It was launched on Mar 12, 2010. TAGS is a passively managed fund by Teucrium that tracks the performance of the Teucrium TAGS Index. It was launched on Mar 28, 2012. Both FTAG and TAGS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTAG or TAGS.
Key characteristics
FTAG | TAGS | |
---|---|---|
YTD Return | -3.22% | -10.64% |
1Y Return | 1.75% | -15.72% |
3Y Return (Ann) | -5.33% | -0.88% |
5Y Return (Ann) | 2.63% | 6.80% |
10Y Return (Ann) | -6.68% | -2.83% |
Sharpe Ratio | 0.00 | -1.25 |
Sortino Ratio | 0.11 | -1.75 |
Omega Ratio | 1.01 | 0.82 |
Calmar Ratio | 0.00 | -0.25 |
Martin Ratio | 0.01 | -1.19 |
Ulcer Index | 4.58% | 13.55% |
Daily Std Dev | 14.26% | 12.86% |
Max Drawdown | -90.88% | -76.40% |
Current Drawdown | -82.52% | -60.76% |
Correlation
The correlation between FTAG and TAGS is 0.10, 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.
Performance
FTAG vs. TAGS - Performance Comparison
In the year-to-date period, FTAG achieves a -3.22% return, which is significantly higher than TAGS's -10.64% return. Over the past 10 years, FTAG has underperformed TAGS with an annualized return of -6.68%, while TAGS has yielded a comparatively higher -2.83% 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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FTAG vs. TAGS - Expense Ratio Comparison
FTAG has a 0.70% expense ratio, which is higher than TAGS's 0.21% expense ratio.
Risk-Adjusted Performance
FTAG vs. TAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Global Agriculture ETF (FTAG) and Teucrium Agricultural Fund (TAGS). 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
FTAG vs. TAGS - Dividend Comparison
FTAG's dividend yield for the trailing twelve months is around 2.04%, while TAGS has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
First Trust Indxx Global Agriculture ETF | 2.04% | 3.68% | 1.76% | 1.58% | 1.72% | 2.33% | 2.16% | 1.26% | 0.61% | 1.36% | 2.82% | 1.65% |
Teucrium Agricultural Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTAG vs. TAGS - Drawdown Comparison
The maximum FTAG drawdown since its inception was -90.88%, which is greater than TAGS's maximum drawdown of -76.40%. Use the drawdown chart below to compare losses from any high point for FTAG and TAGS. For additional features, visit the drawdowns tool.
Volatility
FTAG vs. TAGS - Volatility Comparison
First Trust Indxx Global Agriculture ETF (FTAG) has a higher volatility of 3.73% compared to Teucrium Agricultural Fund (TAGS) at 3.06%. This indicates that FTAG's price experiences larger fluctuations and is considered to be riskier than TAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.