FTGC vs. TRMD
FTGC (First Trust Global Tactical Commodity Strategy Fund) is Commodities fund actively managed by First Trust, while TRMD (TORM plc) is a stock. Over the past 5 years, FTGC returned 12.87%/yr vs 44.51%/yr for TRMD. At a 0.22 correlation, their price movements are largely independent.
Performance
FTGC vs. TRMD - Performance Comparison
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Returns By Period
In the year-to-date period, FTGC achieves a 23.17% return, which is significantly lower than TRMD's 58.13% 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%
TRMD
- 1D
- 5.06%
- 1M
- 1.83%
- 6M
- 37.79%
- YTD
- 58.13%
- 1Y
- 77.92%
- 3Y*
- 22.26%
- 5Y*
- 44.51%
- 10Y*
- —
FTGC vs. TRMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 23.17% | 14.61% | 9.96% | -5.36% | 17.36% | 27.95% | 2.17% | 6.40% | -13.54% |
TRMD TORM plc | 58.13% | 11.21% | -23.37% | 31.64% | 297.66% | 12.91% | -25.94% | 84.18% | -22.59% |
Correlation
The correlation between FTGC and TRMD is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2018 | 0.22 |
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Return for Risk
FTGC vs. TRMD — Risk / Return Rank
FTGC
TRMD
FTGC vs. TRMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Tactical Commodity Strategy Fund (FTGC) and TORM plc (TRMD). 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 | TRMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.33 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 3.50 | -0.83 |
| Martin ratioReturn relative to average drawdown | 9.04 | 9.19 | -0.15 |
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Drawdowns
FTGC vs. TRMD - Drawdown Comparison
The maximum FTGC drawdown since its inception was -59.47%, roughly equal to the maximum TRMD drawdown of -60.59%. Use the drawdown chart below to compare losses from any high point for FTGC and TRMD.
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Drawdown Indicators
| FTGC | TRMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.47% | -60.59% | +1.12% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -23.53% | +11.19% |
Max Drawdown (3Y)Largest decline over 3 years | -12.34% | -60.59% | +48.25% |
Max Drawdown (5Y)Largest decline over 5 years | -22.64% | -60.59% | +37.95% |
Max Drawdown (10Y)Largest decline over 10 years | -35.91% | — | — |
Current DrawdownCurrent decline from peak | -7.64% | -13.49% | +5.85% |
Average DrawdownAverage peak-to-trough decline | -27.27% | -22.50% | -4.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 8.96% | -5.32% |
Volatility
FTGC vs. TRMD - Volatility Comparison
The current volatility for First Trust Global Tactical Commodity Strategy Fund (FTGC) is 4.13%, while TORM plc (TRMD) has a volatility of 13.04%. This indicates that FTGC experiences smaller price fluctuations and is considered to be less risky than TRMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTGC | TRMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 13.04% | -8.91% |
Volatility (6M)Calculated over the trailing 6-month period | 13.34% | 29.13% | -15.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.76% | 38.27% | -22.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.86% | 46.26% | -30.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.71% | 59.70% | -44.99% |
Dividends
FTGC vs. TRMD - Dividend Comparison
FTGC's dividend yield for the trailing twelve months is around 15.73%, more than TRMD's 8.21% 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% |
TRMD TORM plc | 8.21% | 10.32% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTGC and TRMD have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRMD has higher volatility (13.04%) compared to FTGC (4.13%). In terms of maximum drawdown, FTGC dropped -59.47% vs TRMD's -60.59%.
TRMD currently has the higher Sharpe Ratio (2.16 vs 2.10), 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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