FTGC vs. USD
Compare and contrast key facts about First Trust Global Tactical Commodity Strategy Fund (FTGC) and ProShares Ultra Semiconductors (USD).
FTGC and USD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTGC is an actively managed fund by First Trust. It was launched on Oct 23, 2013. USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTGC or USD.
Key characteristics
| FTGC | USD | |
|---|---|---|
| YTD Return | 8.43% | 37.69% |
| 1Y Return | 5.36% | 82.71% |
| 3Y Return (Ann) | 6.20% | 13.42% |
| 5Y Return (Ann) | 10.06% | 40.44% |
| 10Y Return (Ann) | 0.65% | 37.96% |
| Sharpe Ratio | 0.39 | 0.91 |
| Sortino Ratio | 0.62 | 1.56 |
| Omega Ratio | 1.07 | 1.26 |
| Calmar Ratio | 0.22 | 1.39 |
| Martin Ratio | 1.15 | 4.43 |
| Ulcer Index | 3.99% | 19.26% |
| Daily Std Dev | 11.79% | 94.15% |
| Max Drawdown | -59.47% | -88.64% |
| Current Drawdown | -12.21% | -54.47% |
Correlation
The correlation between FTGC and USD is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FTGC vs. USD - Performance Comparison
In the year-to-date period, FTGC achieves a 8.43% return, which is significantly lower than USD's 37.69% return. Over the past 10 years, FTGC has underperformed USD with an annualized return of 0.65%, while USD has yielded a comparatively higher 37.96% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FTGC vs. USD - Expense Ratio Comparison
Both FTGC and USD have an expense ratio of 0.95%.
Risk-Adjusted Performance
FTGC vs. USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Tactical Commodity Strategy Fund (FTGC) and ProShares Ultra Semiconductors (USD). 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.
Dividends
FTGC vs. USD - Dividend Comparison
FTGC's dividend yield for the trailing twelve months is around 3.19%, more than USD's 0.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 3.19% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% |
USD ProShares Ultra Semiconductors | 0.04% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 3.71% | 0.39% | 1.80% | 0.63% |
Drawdowns
FTGC vs. USD - Drawdown Comparison
The maximum FTGC drawdown since its inception was -59.47%, smaller than the maximum USD drawdown of -88.64%. Use the drawdown chart below to compare losses from any high point for FTGC and USD. For additional features, visit the drawdowns tool.
Volatility
FTGC vs. USD - Volatility Comparison
The current volatility for First Trust Global Tactical Commodity Strategy Fund (FTGC) is 4.03%, while ProShares Ultra Semiconductors (USD) has a volatility of 72.58%. This indicates that FTGC experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.