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FTGC vs. NFTY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FTGC vs. NFTY

Last updated Jun 4, 2026

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 Asia Pacific 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 7.77%/yr vs 8.13%/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

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Global Tactical Commodity Strategy Fund (FTGC) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FTGC achieves a 27.15% return, which is significantly higher than NFTY's -9.70% return. Both investments have delivered pretty close results over the past 10 years, with FTGC having a 7.77% annualized return and NFTY not far ahead at 8.13%.

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%

NFTY

1D
-1.34%
1M
-1.64%
YTD
-9.70%
6M
-7.99%
1Y
-8.48%
3Y*
5.72%
5Y*
4.62%
10Y*
8.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FTGC vs. NFTY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FTGC
First Trust Global Tactical Commodity Strategy Fund		27.15%14.61%9.96%-5.36%17.36%27.95%2.17%6.40%-12.75%2.73%
NFTY
First Trust India NIFTY 50 Equal Weight ETF		-9.70%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

0.03

Correlation (5Y)
Calculated over the trailing 5-year period

0.11

Correlation (10Y)
Calculated over the trailing 10-year period

0.15

Correlation (All Time)
Calculated using the full available price history since Oct 24, 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.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Trust Global Tactical Commodity Strategy Fund

First Trust India NIFTY 50 Equal Weight ETF

Often compared with FTGC:
FTGC vs. PDBCFTGC vs. COMTFTGC vs. DBCFTGC vs. FFGCXFTGC vs. USDUFTGC vs. KOLDFTGC vs. DBA
Often compared with NFTY:
NFTY vs. SPYNFTY vs. INDYNFTY vs. TCS.NSNFTY vs. FLINNFTY vs. EPINFTY vs. QQQNFTY vs. ^BSE500

Return for Risk

FTGC vs. NFTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FTGC
FTGC Risk / Return Rank: 8181
Overall Rank
FTGC Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FTGC Sortino Ratio Rank: 7575
Sortino Ratio Rank
FTGC Omega Ratio Rank: 7777
Omega Ratio Rank
FTGC Calmar Ratio Rank: 8888
Calmar Ratio Rank
FTGC Martin Ratio Rank: 8484
Martin Ratio Rank
NFTY
NFTY Risk / Return Rank: 33
Overall Rank
NFTY Sharpe Ratio Rank: 44
Sharpe Ratio Rank
NFTY Sortino Ratio Rank: 44
Sortino Ratio Rank
NFTY Omega Ratio Rank: 44
Omega Ratio Rank
NFTY Calmar Ratio Rank: 44
Calmar Ratio Rank
NFTY Martin Ratio Rank: 22
Martin Ratio Rank
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. 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.

FTGCNFTYDifference
Sharpe ratioReturn per unit of total volatility
2.66
-0.58

+3.24

Sortino ratioReturn per unit of downside risk
3.43
-0.78

+4.21

Omega ratioGain probability vs. loss probability

1.47

0.91

+0.55

Calmar ratioReturn relative to maximum drawdown

5.25

-0.53

+5.78

Martin ratioReturn relative to average drawdown

17.39

-1.39

+18.77

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTGC vs. NFTY - Sharpe Ratio Comparison

The current FTGC Sharpe Ratio is 2.66, which is higher than the NFTY Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of FTGC and NFTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

FTGCNFTYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.66

-0.58

+3.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

0.27

+0.56

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.39

+0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.24

0.28

-0.04

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

FTGCNFTYDifference

Max Drawdown

Largest peak-to-trough decline

-59.47%

-47.67%

-11.80%

Max Drawdown (1Y)

Largest decline over 1 year

-7.91%

-16.14%

+8.23%

Max Drawdown (3Y)

Largest decline over 3 years

-10.39%

-21.55%

+11.16%

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 Drawdown

Current decline from peak

-4.65%

-17.45%

+12.80%

Average Drawdown

Average peak-to-trough decline

-27.42%

-9.58%

-17.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.38%

6.12%

-3.74%

Volatility

FTGC vs. NFTY - Volatility Comparison

First Trust Global Tactical Commodity Strategy Fund (FTGC) and First Trust India NIFTY 50 Equal Weight ETF (NFTY) have volatilities of 4.50% and 4.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FTGCNFTYDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.50%

4.58%

-0.08%

Volatility (6M)

Calculated over the trailing 6-month period

13.15%

12.57%

+0.58%

Volatility (1Y)

Calculated over the trailing 1-year period

15.59%

14.72%

+0.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.00%

17.39%

-1.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.71%

20.72%

-6.01%

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 15.08%, more than NFTY's 1.96% yield.

PositionTTM20252024202320222021202020192018201720162015
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%0.00%0.00%
NFTY
First Trust India NIFTY 50 Equal Weight ETF		1.96%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.

NFTY has higher volatility (4.58%) compared to FTGC (4.50%). In terms of maximum drawdown, FTGC dropped -59.47% vs NFTY's -47.67%.

On 10-year performance, NFTY leads with 8.13% vs 7.77% for FTGC. On fees, NFTY is cheaper at 0.80% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, NFTY has performed better with a 8.13% return vs 7.77%. 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 15.08%, compared with 1.96% for NFTY.

FTGC is categorized as Commodities, while NFTY is Asia Pacific Equities. Their fees differ too: 0.95% for FTGC and 0.80% for NFTY.

FTGC currently has the higher Sharpe Ratio (2.66 vs -0.58), 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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