FTGC vs. KOLD
Compare and contrast key facts about First Trust Global Tactical Commodity Strategy Fund (FTGC) and ProShares UltraShort Bloomberg Natural Gas (KOLD).
FTGC and KOLD 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. KOLD is a passively managed fund by ProShares that tracks the performance of the Bloomberg Natural Gas Subindex (TR) (200%). It was launched on Oct 4, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTGC or KOLD.
Key characteristics
| FTGC | KOLD | |
|---|---|---|
| YTD Return | 6.01% | 46.58% |
| 1Y Return | 1.66% | 156.01% |
| 3Y Return (Ann) | 5.01% | -6.94% |
| 5Y Return (Ann) | 9.73% | -23.88% |
| 10Y Return (Ann) | 0.31% | -7.66% |
| Sharpe Ratio | 0.28 | 1.37 |
| Sortino Ratio | 0.47 | 2.00 |
| Omega Ratio | 1.05 | 1.24 |
| Calmar Ratio | 0.16 | 1.40 |
| Martin Ratio | 0.82 | 5.26 |
| Ulcer Index | 4.02% | 25.80% |
| Daily Std Dev | 11.86% | 99.39% |
| Max Drawdown | -59.47% | -99.45% |
| Current Drawdown | -14.16% | -91.81% |
Correlation
The correlation between FTGC and KOLD is -0.26. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FTGC vs. KOLD - Performance Comparison
In the year-to-date period, FTGC achieves a 6.01% return, which is significantly lower than KOLD's 46.58% return. Over the past 10 years, FTGC has outperformed KOLD with an annualized return of 0.31%, while KOLD has yielded a comparatively lower -7.66% 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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FTGC vs. KOLD - Expense Ratio Comparison
Both FTGC and KOLD have an expense ratio of 0.95%.
Risk-Adjusted Performance
FTGC vs. KOLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Tactical Commodity Strategy Fund (FTGC) and ProShares UltraShort Bloomberg Natural Gas (KOLD). 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. KOLD - Dividend Comparison
FTGC's dividend yield for the trailing twelve months is around 3.26%, while KOLD has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 3.26% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% |
KOLD ProShares UltraShort Bloomberg Natural Gas | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTGC vs. KOLD - Drawdown Comparison
The maximum FTGC drawdown since its inception was -59.47%, smaller than the maximum KOLD drawdown of -99.45%. Use the drawdown chart below to compare losses from any high point for FTGC and KOLD. For additional features, visit the drawdowns tool.
Volatility
FTGC vs. KOLD - Volatility Comparison
The current volatility for First Trust Global Tactical Commodity Strategy Fund (FTGC) is 3.82%, while ProShares UltraShort Bloomberg Natural Gas (KOLD) has a volatility of 27.94%. This indicates that FTGC experiences smaller price fluctuations and is considered to be less risky than KOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.