FTGC vs. MTDR

Last updated Jul 12, 2026

FTGC (First Trust Global Tactical Commodity Strategy Fund) is Commodities fund actively managed by First Trust, while MTDR (Matador Resources Company) is a stock. Over the past 10 years, FTGC returned 7.29%/yr vs 9.53%/yr for MTDR. At a 0.45 correlation, their price movements are largely independent.

Performance

FTGC vs. MTDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Global Tactical Commodity Strategy Fund (FTGC) and Matador Resources Company (MTDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FTGC having a 23.17% return and MTDR slightly lower at 22.72%. Over the past 10 years, FTGC has underperformed MTDR with an annualized return of 7.29%, while MTDR has yielded a comparatively higher 9.53% annualized return.

FTGC

• 1D: -0.11%
• 1M: 0.98%
• 6M: 21.09%
• YTD: 23.17%
• 1Y: 31.25%
• 3Y*: 15.14%
• 5Y*: 12.87%
• 10Y*: 7.29%

MTDR

• 1D: -0.08%
• 1M: -4.25%
• 6M: 23.27%
• YTD: 22.72%
• 1Y: 0.99%
• 3Y*: 0.56%
• 5Y*: 9.41%
• 10Y*: 9.53%

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

FTGC vs. MTDR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTGC First Trust Global Tactical Commodity Strategy Fund	23.17%	14.61%	9.96%	-5.36%	17.36%	27.95%	2.17%	6.40%	-12.75%	2.73%
MTDR Matador Resources Company	22.72%	-22.31%	0.37%	0.57%	55.83%	207.33%	-32.89%	15.71%	-50.11%	20.85%

Correlation

The correlation between FTGC and MTDR is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Oct 23, 2013	0.45

The correlation between FTGC and MTDR has been stable across timeframes, ranging from 0.45 to 0.55 - a consistent structural relationship.

Return for Risk

FTGC vs. MTDR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTGC

FTGC Risk / Return Rank: 74
FTGC Sharpe Ratio Rank: 83
FTGC Sortino Ratio Rank: 79
FTGC Omega Ratio Rank: 79
FTGC Calmar Ratio Rank: 67
FTGC Martin Ratio Rank: 64

MTDR

MTDR Risk / Return Rank: 45
MTDR Sharpe Ratio Rank: 47
MTDR Sortino Ratio Rank: 42
MTDR Omega Ratio Rank: 42
MTDR Calmar Ratio Rank: 47
MTDR Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTGC vs. MTDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Global Tactical Commodity Strategy Fund (FTGC) and Matador Resources Company (MTDR). 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.

	FTGC	MTDR	Difference
Sharpe ratio: Return per unit of total volatility	2.10	0.04	+2.05
Sortino ratio: Return per unit of downside risk	2.81	0.33	+2.48
Omega ratio: Gain probability vs. loss probability	1.37	1.04	+0.33
Calmar ratio: Return relative to maximum drawdown	2.67	0.06	+2.62
Martin ratio: Return relative to average drawdown	9.04	0.12	+8.92

FTGC vs. MTDR - Sharpe Ratio Comparison

The current FTGC Sharpe Ratio is 2.10, which is higher than the MTDR Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of FTGC and MTDR, 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

FTGC vs. MTDR - Drawdown Comparison

The maximum FTGC drawdown since its inception was -59.47%, smaller than the maximum MTDR drawdown of -96.50%. Use the drawdown chart below to compare losses from any high point for FTGC and MTDR.

Drawdown Indicators

	FTGC	MTDR	Difference
Max Drawdown Largest peak-to-trough decline	-59.47%	-96.50%	+37.03%
Max Drawdown (1Y) Largest decline over 1 year	-12.34%	-28.76%	+16.42%
Max Drawdown (3Y) Largest decline over 3 years	-12.34%	-46.83%	+34.49%
Max Drawdown (5Y) Largest decline over 5 years	-22.64%	-48.29%	+25.65%
Max Drawdown (10Y) Largest decline over 10 years	-35.91%	-96.50%	+60.59%
Current Drawdown Current decline from peak	-7.64%	-24.81%	+17.17%
Average Drawdown Average peak-to-trough decline	-27.27%	-25.07%	-2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	14.27%	-10.63%

Volatility

FTGC vs. MTDR - Volatility Comparison

The current volatility for First Trust Global Tactical Commodity Strategy Fund (FTGC) is 4.13%, while Matador Resources Company (MTDR) has a volatility of 9.39%. This indicates that FTGC experiences smaller price fluctuations and is considered to be less risky than MTDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTGC	MTDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	9.39%	-5.26%
Volatility (6M) Calculated over the trailing 6-month period	13.34%	30.06%	-16.72%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	40.37%	-24.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.86%	47.08%	-31.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.71%	64.91%	-50.20%

Dividends

FTGC vs. MTDR - Dividend Comparison

FTGC's dividend yield for the trailing twelve months is around 15.73%, more than MTDR's 2.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTGC First Trust Global Tactical Commodity Strategy Fund	15.73%	17.74%	3.05%	3.34%	10.35%	7.21%	0.00%	0.81%	0.80%	1.21%
MTDR Matador Resources Company	2.80%	3.09%	1.51%	1.14%	0.52%	0.34%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTGC and MTDR in my portfolio?

FTGC and MTDR have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTGC or MTDR?

MTDR has higher volatility (9.39%) compared to FTGC (4.13%). In terms of maximum drawdown, FTGC dropped -59.47% vs MTDR's -96.50%.

Which has better risk-adjusted returns?

FTGC currently has the higher Sharpe Ratio (2.10 vs 0.04), 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.