FTGC vs. COMT
Compare and contrast key facts about First Trust Global Tactical Commodity Strategy Fund (FTGC) and iShares Commodities Select Strategy ETF (COMT).
FTGC and COMT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTGC is an actively managed fund by First Trust. It was launched on Oct 23, 2013. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTGC or COMT.
Key characteristics
| FTGC | COMT | |
|---|---|---|
| YTD Return | 8.43% | 6.02% |
| 1Y Return | 5.36% | 2.78% |
| 3Y Return (Ann) | 6.20% | 4.86% |
| 5Y Return (Ann) | 10.06% | 6.48% |
| 10Y Return (Ann) | 0.65% | 0.67% |
| Sharpe Ratio | 0.39 | 0.10 |
| Sortino Ratio | 0.62 | 0.24 |
| Omega Ratio | 1.07 | 1.03 |
| Calmar Ratio | 0.22 | 0.05 |
| Martin Ratio | 1.15 | 0.32 |
| Ulcer Index | 3.99% | 4.45% |
| Daily Std Dev | 11.79% | 14.99% |
| Max Drawdown | -59.47% | -51.89% |
| Current Drawdown | -12.21% | -20.75% |
Correlation
The correlation between FTGC and COMT is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FTGC vs. COMT - Performance Comparison
In the year-to-date period, FTGC achieves a 8.43% return, which is significantly higher than COMT's 6.02% return. Both investments have delivered pretty close results over the past 10 years, with FTGC having a 0.65% annualized return and COMT not far ahead at 0.67%. 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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FTGC vs. COMT - Expense Ratio Comparison
FTGC has a 0.95% expense ratio, which is higher than COMT's 0.48% expense ratio.
Risk-Adjusted Performance
FTGC vs. COMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Tactical Commodity Strategy Fund (FTGC) and iShares Commodities Select Strategy ETF (COMT). 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
FTGC vs. COMT - Dividend Comparison
FTGC's dividend yield for the trailing twelve months is around 3.19%, less than COMT's 4.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 3.19% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% | 0.00% | 0.00% | 0.00% |
COMT iShares Commodities Select Strategy ETF | 4.90% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% | 0.56% |
Drawdowns
FTGC vs. COMT - Drawdown Comparison
The maximum FTGC drawdown since its inception was -59.47%, which is greater than COMT's maximum drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for FTGC and COMT. For additional features, visit the drawdowns tool.
Volatility
FTGC vs. COMT - Volatility Comparison
The current volatility for First Trust Global Tactical Commodity Strategy Fund (FTGC) is 4.03%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 5.73%. This indicates that FTGC experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.