FTGC vs. NOG
FTGC (First Trust Global Tactical Commodity Strategy Fund) is Commodities fund actively managed by First Trust, while NOG (Northern Oil and Gas, Inc.) is a stock. Over the past 10 years, FTGC returned 8.01%/yr vs -2.51%/yr for NOG. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
FTGC vs. NOG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FTGC achieves a 27.22% return, which is significantly higher than NOG's 2.37% return. Over the past 10 years, FTGC has outperformed NOG with an annualized return of 8.01%, while NOG has yielded a comparatively lower -2.51% annualized return.
FTGC
- 1D
- 0.03%
- 1M
- 6.85%
- 6M
- 16.44%
- YTD
- 27.22%
- 1Y
- 38.55%
- 3Y*
- 14.53%
- 5Y*
- 12.93%
- 10Y*
- 8.01%
- ALL TIME*
- 3.31%
NOG
- 1D
- 1.49%
- 1M
- 20.44%
- 6M
- -12.08%
- YTD
- 2.37%
- 1Y
- -18.99%
- 3Y*
- -13.95%
- 5Y*
- 9.05%
- 10Y*
- -2.51%
- ALL TIME*
- -2.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $15.55M | $14.47M | $23.37M | |
| $54.84M | $61.54M | $65.18M |
FTGC vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 27.22% | 14.61% | 9.96% | -5.36% | 17.36% | 27.95% | 2.17% | 6.40% | -12.75% | 2.73% |
NOG Northern Oil and Gas, Inc. | 2.37% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | -25.45% |
Correlation
The correlation between FTGC and NOG is 0.49, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.49 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.51 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2013 | 0.43 |
The correlation between FTGC and NOG has been stable across timeframes, ranging from 0.43 to 0.51 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FTGC vs. NOG — Risk / Return Rank
FTGC
NOG
FTGC vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Tactical Commodity Strategy Fund (FTGC) and Northern Oil and Gas, Inc. (NOG). 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 | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.86 | ||
| Sortino ratioReturn per unit of downside risk | +3.53 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.96 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | -0.46 | +3.60 |
| Martin ratioReturn relative to average drawdown | 10.32 | -1.03 | +11.35 |
Loading charts...
Drawdowns
FTGC vs. NOG - Drawdown Comparison
The maximum FTGC drawdown since its inception was -59.47%, smaller than the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for FTGC and NOG.
Loading charts...
Drawdown Indicators
| FTGC | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.47% | -98.96% | +39.49% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -41.43% | +29.09% |
Max Drawdown (3Y)Largest decline over 3 years | -12.34% | -55.08% | +42.74% |
Max Drawdown (5Y)Largest decline over 5 years | -22.64% | -55.08% | +32.44% |
Max Drawdown (10Y)Largest decline over 10 years | -35.91% | -92.15% | +56.24% |
Current DrawdownCurrent decline from peak | -4.60% | -91.84% | +87.24% |
Average DrawdownAverage peak-to-trough decline | -27.17% | -69.89% | +42.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 19.41% | -15.66% |
Volatility
FTGC vs. NOG - Volatility Comparison
The current volatility for First Trust Global Tactical Commodity Strategy Fund (FTGC) is 4.34%, while Northern Oil and Gas, Inc. (NOG) has a volatility of 16.52%. This indicates that FTGC experiences smaller price fluctuations and is considered to be less risky than NOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FTGC | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 16.52% | -12.18% |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | 33.58% | -20.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.87% | 46.31% | -30.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 49.16% | -33.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.73% | 70.52% | -55.79% |
Dividends
FTGC vs. NOG - Dividend Comparison
FTGC's dividend yield for the trailing twelve months is around 15.23%, more than NOG's 8.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 15.23% | 17.74% | 3.05% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% |
NOG Northern Oil and Gas, Inc. | 8.51% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTGC and NOG have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOG has higher volatility (16.52%) compared to FTGC (4.34%). In terms of maximum drawdown, FTGC dropped -59.47% vs NOG's -98.96%.
FTGC currently has the higher Sharpe Ratio (2.44 vs -0.41), 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.
Find the right allocation for FTGC and NOG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer