FTGC vs. NFTY
FTGC (First Trust Global Tactical Commodity Strategy Fund) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - FTGC is a Commodities fund actively managed by First Trust, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. FTGC is actively managed, while NFTY is passively managed. Over the past 10 years, FTGC returned 7.52%/yr vs 7.23%/yr for NFTY. At a 0.16 correlation, their price movements are largely independent. FTGC charges 0.95%/yr vs 0.80%/yr for NFTY.
Performance
FTGC vs. NFTY - Performance Comparison
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Returns By Period
In the year-to-date period, FTGC achieves a 25.30% return, which is significantly higher than NFTY's -8.35% return. Both investments have delivered pretty close results over the past 10 years, with FTGC having a 7.52% annualized return and NFTY not far behind at 7.23%.
FTGC
- 1D
- -0.97%
- 1M
- 3.06%
- 6M
- 20.93%
- YTD
- 25.30%
- 1Y
- 34.47%
- 3Y*
- 15.47%
- 5Y*
- 12.66%
- 10Y*
- 7.52%
NFTY
- 1D
- -0.21%
- 1M
- -1.78%
- 6M
- -7.54%
- YTD
- -8.35%
- 1Y
- -9.06%
- 3Y*
- 4.29%
- 5Y*
- 5.57%
- 10Y*
- 7.23%
FTGC vs. NFTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 25.30% | 14.61% | 9.96% | -5.36% | 17.36% | 27.95% | 2.17% | 6.40% | -12.75% | 2.73% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | -8.35% | 5.47% | 5.18% | 24.00% | -3.46% | 26.83% | 10.04% | 0.58% | -1.51% | 21.78% |
Correlation
The correlation between FTGC and NFTY is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2013 | 0.16 |
The correlation between FTGC and NFTY shifts across timeframes, from -0.15 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FTGC vs. NFTY — Risk / Return Rank
FTGC
NFTY
FTGC vs. NFTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Tactical Commodity Strategy Fund (FTGC) 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.
| FTGC | NFTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.81 | ||
| Sortino ratioReturn per unit of downside risk | +3.77 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 0.91 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | -0.56 | +3.37 |
| Martin ratioReturn relative to average drawdown | 9.29 | -1.34 | +10.63 |
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Drawdowns
FTGC vs. NFTY - Drawdown Comparison
The maximum FTGC drawdown since its inception was -59.47%, which is greater than NFTY's maximum drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for FTGC and NFTY.
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Drawdown Indicators
| FTGC | NFTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.47% | -47.67% | -11.80% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -16.14% | +3.80% |
Max Drawdown (3Y)Largest decline over 3 years | -12.34% | -21.55% | +9.21% |
Max Drawdown (5Y)Largest decline over 5 years | -22.64% | -21.55% | -1.09% |
Max Drawdown (10Y)Largest decline over 10 years | -35.91% | -47.67% | +11.76% |
Current DrawdownCurrent decline from peak | -6.04% | -16.22% | +10.18% |
Average DrawdownAverage peak-to-trough decline | -27.25% | -9.63% | -17.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 6.82% | -3.10% |
Volatility
FTGC vs. NFTY - Volatility Comparison
First Trust Global Tactical Commodity Strategy Fund (FTGC) has a higher volatility of 4.50% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.01%. This indicates that FTGC'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.
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Volatility by Period
| FTGC | NFTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 3.01% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 13.39% | 12.58% | +0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.79% | 14.72% | +1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.87% | 17.40% | -1.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.72% | 20.64% | -5.92% |
FTGC vs. NFTY - Expense Ratio Comparison
FTGC has a 0.95% expense ratio, which is higher than NFTY's 0.80% expense ratio.
Dividends
FTGC vs. NFTY - Dividend Comparison
FTGC's dividend yield for the trailing twelve months is around 15.46%, more than NFTY's 1.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 15.46% | 17.74% | 3.05% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% | 0.00% | 0.00% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.93% | 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
FTGC and NFTY have a correlation of -0.15, 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 NFTY (3.01%). In terms of maximum drawdown, FTGC dropped -59.47% vs NFTY's -47.67%.
On 10-year performance, FTGC leads with 7.52% vs 7.23% for NFTY. On fees, NFTY is cheaper at 0.80% per year. On volatility, NFTY has been the lower-risk option at 3.01%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, FTGC has performed better with a 7.52% return vs 7.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NFTY is cheaper with a 0.80% expense ratio, compared with 0.95% for FTGC.
FTGC has the higher dividend yield at 15.46%, compared with 1.93% for NFTY.
FTGC is categorized as Commodities, while NFTY is India Equities. Their fees differ too: 0.95% for FTGC and 0.80% for NFTY.
FTGC currently has the higher Sharpe Ratio (2.19 vs -0.62), 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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