FTCS vs. NFTY

Last updated Aug 2, 2026

FTCS (First Trust Capital Strength ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - FTCS is a Large Cap Blend Equities fund tracking the The Capital Strength Index, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. Both are passively managed. Over the past 10 years, FTCS returned 10.69%/yr vs 7.50%/yr for NFTY. Their 0.30 correlation means their historical movements had little consistent relationship. FTCS charges 0.53%/yr vs 0.80%/yr for NFTY.

Performance

FTCS vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Capital Strength ETF (FTCS) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTCS achieves a 7.43% return, which is significantly higher than NFTY's -5.91% return. Over the past 10 years, FTCS has outperformed NFTY with an annualized return of 10.69%, while NFTY has yielded a comparatively lower 7.50% annualized return.

FTCS

• 1D: -0.51%
• 1M: 1.68%
• 6M: 2.72%
• YTD: 7.43%
• 1Y: 10.38%
• 3Y*: 10.35%
• 5Y*: 6.18%
• 10Y*: 10.69%
• ALL TIME*: 9.89%

NFTY

• 1D: -0.10%
• 1M: 0.86%
• 6M: -2.37%
• YTD: -5.91%
• 1Y: -2.47%
• 3Y*: 5.47%
• 5Y*: 5.91%
• 10Y*: 7.50%
• ALL TIME*: 6.00%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTCS First Trust Capital Strength ETF	$55.85M	$52.96M	$62.83M
NFTY First Trust India NIFTY 50 Equal Weight ETF	$2.39M	$1.68M	$1.69M

FTCS vs. NFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTCS First Trust Capital Strength ETF	7.43%	6.46%	11.19%	8.48%	-10.22%	26.75%	13.05%	26.71%	-4.22%	26.57%
NFTY First Trust India NIFTY 50 Equal Weight ETF	-5.91%	5.47%	5.18%	24.00%	-3.46%	26.83%	10.04%	0.58%	-1.51%	21.78%

Correlation

The correlation between FTCS and NFTY is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.22
Correlation (3Y) Balances recent behavior with more history.	0.31
Correlation (5Y) Shows whether the relationship held over a longer period.	0.38
Correlation (10Y) Provides a long-term view across more market conditions.	0.32
Correlation (All Time) Calculated using the full available price history since Feb 28, 2012	0.30

The correlation between FTCS and NFTY shifts across timeframes, from 0.22 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.

FTCS vs. NFTY - Sectors Allocation Comparison

Sectors	FTCS	NFTY
Financial Services	20.5%	22.0%
Industrials	19.5%	8.1%
Healthcare	18.7%	10.2%
Consumer Defensive	14.3%	8.0%
Technology	13.0%	9.7%
Consumer Cyclical	7.8%	16.2%
Basic Materials	2.1%	11.9%
Communication Services	2.1%	2.0%
Energy	2.0%	7.9%
Real Estate	-	-
Utilities	-	4.0%

Return for Risk

FTCS vs. NFTY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FTCS

FTCS Risk / Return Rank: 37
FTCS Sharpe Ratio Rank: 39
FTCS Sortino Ratio Rank: 41
FTCS Omega Ratio Rank: 35
FTCS Calmar Ratio Rank: 38
FTCS Martin Ratio Rank: 31

NFTY

NFTY Risk / Return Rank: 8
NFTY Sharpe Ratio Rank: 9
NFTY Sortino Ratio Rank: 8
NFTY Omega Ratio Rank: 8
NFTY Calmar Ratio Rank: 9
NFTY Martin Ratio Rank: 9

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FTCS vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Capital Strength ETF (FTCS) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTCS	NFTY	Difference
Sharpe ratio: Return per unit of total volatility	0.96	-0.15	+1.10
Sortino ratio: Return per unit of downside risk	1.52	-0.11	+1.63
Omega ratio: Gain probability vs. loss probability	1.17	0.99	+0.18
Calmar ratio: Return relative to maximum drawdown	1.30	-0.14	+1.44
Martin ratio: Return relative to average drawdown	2.89	-0.31	+3.21

FTCS vs. NFTY - Sharpe Ratio Comparison

The current FTCS Sharpe Ratio is 0.96, which is higher than the NFTY Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of FTCS and NFTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTCS vs. NFTY - Drawdown Comparison

The maximum FTCS drawdown since its inception was -53.64%, which is greater than NFTY's maximum drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for FTCS and NFTY.

Drawdown Indicators

	FTCS	NFTY	Difference
Max Drawdown Largest peak-to-trough decline	-53.64%	-47.67%	-5.97%
Max Drawdown (1Y) Largest decline over 1 year	-7.74%	-16.14%	+8.40%
Max Drawdown (3Y) Largest decline over 3 years	-12.62%	-21.55%	+8.93%
Max Drawdown (5Y) Largest decline over 5 years	-20.93%	-21.55%	+0.62%
Max Drawdown (10Y) Largest decline over 10 years	-31.93%	-47.67%	+15.74%
Current Drawdown Current decline from peak	-1.64%	-13.99%	+12.35%
Average Drawdown Average peak-to-trough decline	-6.90%	-9.65%	+2.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	6.98%	-3.50%

Volatility

FTCS vs. NFTY - Volatility Comparison

First Trust Capital Strength ETF (FTCS) has a higher volatility of 4.61% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.54%. This indicates that FTCS's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTCS	NFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	3.54%	+1.07%
Volatility (6M) Calculated over the trailing 6-month period	8.17%	12.71%	-4.54%
Volatility (1Y) Calculated over the trailing 1-year period	10.54%	14.82%	-4.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.25%	17.42%	-4.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.55%	20.64%	-5.09%

FTCS vs. NFTY - Expense Ratio Comparison

FTCS has a 0.53% expense ratio, which is lower than NFTY's 0.80% expense ratio.

Dividends

FTCS vs. NFTY - Dividend Comparison

FTCS's dividend yield for the trailing twelve months is around 1.08%, less than NFTY's 1.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTCS First Trust Capital Strength ETF	1.08%	1.04%	1.33%	1.47%	1.23%	1.06%	0.93%	1.26%	1.26%	1.15%	1.43%	1.50%
NFTY First Trust India NIFTY 50 Equal Weight ETF	1.88%	1.24%	1.61%	0.13%	5.89%	1.53%	0.61%	0.97%	0.00%	4.10%	3.28%	4.39%

Frequently Asked Questions

Can I hold both FTCS and NFTY in my portfolio?

FTCS and NFTY have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTCS or NFTY?

FTCS has higher volatility (4.61%) compared to NFTY (3.54%). In terms of maximum drawdown, FTCS dropped -53.64% vs NFTY's -47.67%.

Which ETF is better, FTCS or NFTY?

On 10-year performance, FTCS leads with 10.69% vs 7.50% for NFTY. On fees, FTCS is cheaper at 0.53% per year. On volatility, NFTY has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTCS or NFTY?

Over the 10-year period, FTCS has performed better with a 10.69% return vs 7.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTCS or NFTY?

FTCS is cheaper with a 0.53% expense ratio, compared with 0.80% for NFTY.

Which ETF pays a higher dividend yield, FTCS or NFTY?

NFTY has the higher dividend yield at 1.88%, compared with 1.08% for FTCS.

What is the main difference between FTCS and NFTY?

FTCS is categorized as Large Cap Blend Equities, while NFTY is India Equities. FTCS tracks The Capital Strength Index, while NFTY tracks NIFTY 50 Equal Weight Index. Their fees differ too: 0.53% for FTCS and 0.80% for NFTY.

Which has better risk-adjusted returns?

FTCS currently has the higher Sharpe Ratio (0.96 vs -0.15), 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.