FTGC vs. KNG
FTGC (First Trust Global Tactical Commodity Strategy Fund) and KNG (FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF) are both exchange-traded funds - FTGC is a Commodities fund actively managed by First Trust, while KNG is a Dividend fund tracking the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. FTGC is actively managed, while KNG is passively managed. Over the past 5 years, FTGC returned 13.08%/yr vs 4.31%/yr for KNG. At a 0.23 correlation, their price movements are largely independent. FTGC charges 0.95%/yr vs 0.75%/yr for KNG.
Performance
FTGC vs. KNG - Performance Comparison
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Returns By Period
In the year-to-date period, FTGC achieves a 27.15% return, which is significantly higher than KNG's 2.20% return.
FTGC
- 1D
- -0.44%
- 1M
- -2.63%
- YTD
- 27.15%
- 6M
- 26.06%
- 1Y
- 41.32%
- 3Y*
- 18.13%
- 5Y*
- 13.08%
- 10Y*
- 7.77%
KNG
- 1D
- -0.04%
- 1M
- 0.89%
- YTD
- 2.20%
- 6M
- 2.33%
- 1Y
- 7.44%
- 3Y*
- 7.06%
- 5Y*
- 4.31%
- 10Y*
- —
FTGC vs. KNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 27.15% | 14.61% | 9.96% | -5.36% | 17.36% | 27.95% | 2.17% | 6.40% | -12.92% |
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 2.20% | 6.63% | 5.99% | 7.48% | -7.03% | 24.78% | 7.21% | 26.64% | -0.84% |
Correlation
The correlation between FTGC and KNG is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2018 | 0.23 |
The correlation between FTGC and KNG shifts across timeframes, from -0.04 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FTGC vs. KNG — Risk / Return Rank
FTGC
KNG
FTGC vs. KNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Tactical Commodity Strategy Fund (FTGC) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG). 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.
| FTGC | KNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.13 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 5.25 | 0.87 | +4.38 |
| Martin ratioReturn relative to average drawdown | 17.39 | 2.25 | +15.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FTGC | KNG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.66 | 0.73 | +1.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.32 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.49 | -0.25 |
Drawdowns
FTGC vs. KNG - Drawdown Comparison
The maximum FTGC drawdown since its inception was -59.47%, which is greater than KNG's maximum drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for FTGC and KNG.
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Drawdown Indicators
| FTGC | KNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.47% | -35.12% | -24.35% |
Max Drawdown (1Y)Largest decline over 1 year | -7.91% | -8.61% | +0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -10.39% | -14.24% | +3.85% |
Max Drawdown (5Y)Largest decline over 5 years | -22.64% | -18.20% | -4.44% |
Max Drawdown (10Y)Largest decline over 10 years | -35.91% | — | — |
Current DrawdownCurrent decline from peak | -4.65% | -5.89% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -27.42% | -4.13% | -23.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 3.32% | -0.94% |
Volatility
FTGC vs. KNG - Volatility Comparison
First Trust Global Tactical Commodity Strategy Fund (FTGC) has a higher volatility of 4.50% compared to FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 2.29%. This indicates that FTGC's price experiences larger fluctuations and is considered to be riskier than KNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTGC | KNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 2.29% | +2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 13.15% | 7.39% | +5.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.59% | 10.19% | +5.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.00% | 13.59% | +2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.71% | 17.18% | -2.47% |
FTGC vs. KNG - Expense Ratio Comparison
FTGC has a 0.95% expense ratio, which is higher than KNG's 0.75% expense ratio.
Dividends
FTGC vs. KNG - Dividend Comparison
FTGC's dividend yield for the trailing twelve months is around 15.08%, more than KNG's 8.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 15.08% | 17.74% | 3.05% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% |
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 8.67% | 8.61% | 9.08% | 5.91% | 4.00% | 3.45% | 3.62% | 4.09% | 3.46% | 0.00% |
Frequently Asked Questions
FTGC and KNG have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTGC has higher volatility (4.50%) compared to KNG (2.29%). In terms of maximum drawdown, FTGC dropped -59.47% vs KNG's -35.12%.
On 5-year performance, FTGC leads with 13.08% vs 4.31% for KNG. On fees, KNG is cheaper at 0.75% per year. On volatility, KNG has been the lower-risk option at 2.29%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FTGC has performed better with a 13.08% return vs 4.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KNG is cheaper with a 0.75% expense ratio, compared with 0.95% for FTGC.
FTGC has the higher dividend yield at 15.08%, compared with 8.67% for KNG.
FTGC is categorized as Commodities, while KNG is Dividend. Their fees differ too: 0.95% for FTGC and 0.75% for KNG.
FTGC currently has the higher Sharpe Ratio (2.66 vs 0.73), 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.
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