FTGS vs. FTCS

Last updated Jun 24, 2026

FTGS (First Trust Growth Strength ETF) and FTCS (First Trust Capital Strength ETF) are both exchange-traded funds - FTGS is a Large Cap Growth Equities fund tracking the The Growth Strength Index - Benchmark TR Gross, while FTCS is a Large Cap Blend Equities fund tracking the The Capital Strength Index. Both are passively managed. Over the past 3 years, FTGS returned 17.19%/yr vs 9.52%/yr for FTCS. A 0.67 correlation means they provide meaningful diversification when combined. FTGS charges 0.60%/yr vs 0.53%/yr for FTCS.

Performance

FTGS vs. FTCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Growth Strength ETF (FTGS) and First Trust Capital Strength ETF (FTCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTGS achieves a 3.22% return, which is significantly higher than FTCS's 1.20% return.

FTGS

• 1D: -0.71%
• 1M: -0.63%
• YTD: 3.22%
• 6M: 1.98%
• 1Y: 10.78%
• 3Y*: 17.19%
• 5Y*: —
• 10Y*: —

FTCS

• 1D: 0.65%
• 1M: -1.25%
• YTD: 1.20%
• 6M: 0.40%
• 1Y: 5.00%
• 3Y*: 9.52%
• 5Y*: 5.84%
• 10Y*: 10.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTGS vs. FTCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FTGS First Trust Growth Strength ETF	3.22%	12.78%	15.76%	33.69%	1.09%
FTCS First Trust Capital Strength ETF	1.20%	6.46%	11.19%	8.48%	5.01%

Correlation

The correlation between FTGS and FTCS is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (All Time) Calculated using the full available price history since Oct 26, 2022	0.67

The correlation between FTGS and FTCS has been stable across timeframes, ranging from 0.58 to 0.67 - a consistent structural relationship.

FTGS vs. FTCS - Sectors Allocation Comparison

Sectors	FTGS	FTCS
Technology	32.6%	13.6%
Healthcare	17.5%	18.5%
Financial Services	15.3%	20.0%
Consumer Cyclical	13.2%	7.7%
Industrials	11.2%	19.6%
Communication Services	6.1%	2.3%
Energy	4.8%	2.1%
Consumer Defensive	2.3%	14.2%
Basic Materials	1.9%	2.1%
Real Estate	-	-
Utilities	-	-

Return for Risk

FTGS vs. FTCS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTGS

FTGS Risk / Return Rank: 24
FTGS Sharpe Ratio Rank: 24
FTGS Sortino Ratio Rank: 23
FTGS Omega Ratio Rank: 21
FTGS Calmar Ratio Rank: 25
FTGS Martin Ratio Rank: 29

FTCS

FTCS Risk / Return Rank: 16
FTCS Sharpe Ratio Rank: 16
FTCS Sortino Ratio Rank: 16
FTCS Omega Ratio Rank: 15
FTCS Calmar Ratio Rank: 16
FTCS Martin Ratio Rank: 16

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.

FTGS vs. FTCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Growth Strength ETF (FTGS) and First Trust Capital Strength ETF (FTCS). 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.

	FTGS	FTCS	Difference
Sharpe ratio: Return per unit of total volatility	0.80	0.51	+0.30
Sortino ratio: Return per unit of downside risk	1.21	0.81	+0.40
Omega ratio: Gain probability vs. loss probability	1.14	1.09	+0.05
Calmar ratio: Return relative to maximum drawdown	1.14	0.65	+0.49
Martin ratio: Return relative to average drawdown	3.81	1.49	+2.32

FTGS vs. FTCS - Sharpe Ratio Comparison

The current FTGS Sharpe Ratio is 0.80, which is higher than the FTCS Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of FTGS and FTCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTGS vs. FTCS - Drawdown Comparison

The maximum FTGS drawdown since its inception was -19.99%, smaller than the maximum FTCS drawdown of -53.64%. Use the drawdown chart below to compare losses from any high point for FTGS and FTCS.

Drawdown Indicators

	FTGS	FTCS	Difference
Max Drawdown Largest peak-to-trough decline	-19.99%	-53.64%	+33.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.47%	-7.74%	-1.73%
Max Drawdown (3Y) Largest decline over 3 years	-19.99%	-12.62%	-7.37%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.93%	—
Current Drawdown Current decline from peak	-3.53%	-5.85%	+2.32%
Average Drawdown Average peak-to-trough decline	-2.74%	-6.92%	+4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	3.36%	-0.53%

Volatility

FTGS vs. FTCS - Volatility Comparison

First Trust Growth Strength ETF (FTGS) has a higher volatility of 4.38% compared to First Trust Capital Strength ETF (FTCS) at 3.07%. This indicates that FTGS's price experiences larger fluctuations and is considered to be riskier than FTCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTGS	FTCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	3.07%	+1.31%
Volatility (6M) Calculated over the trailing 6-month period	10.67%	7.25%	+3.42%
Volatility (1Y) Calculated over the trailing 1-year period	13.49%	9.95%	+3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	13.14%	+3.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.12%	15.53%	+1.59%

FTGS vs. FTCS - Expense Ratio Comparison

FTGS has a 0.60% expense ratio, which is higher than FTCS's 0.53% expense ratio.

Dividends

FTGS vs. FTCS - Dividend Comparison

FTGS's dividend yield for the trailing twelve months is around 0.09%, less than FTCS's 1.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTCS First Trust Capital Strength ETF	1.11%	1.04%	1.33%	1.47%	1.23%	1.06%	0.93%	1.26%	1.26%	1.15%	1.43%	1.50%
FTGS First Trust Growth Strength ETF	0.09%	0.16%	0.39%	0.62%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTGS and FTCS in my portfolio?

FTGS and FTCS have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTGS or FTCS?

FTGS has higher volatility (4.38%) compared to FTCS (3.07%). In terms of maximum drawdown, FTGS dropped -19.99% vs FTCS's -53.64%.

Which ETF is better, FTGS or FTCS?

On 3-year performance, FTGS leads with 17.19% vs 9.52% for FTCS. On fees, FTCS is cheaper at 0.53% per year. On volatility, FTCS has been the lower-risk option at 3.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTGS or FTCS?

Over the 3-year period, FTGS has performed better with a 17.19% return vs 9.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTGS or FTCS?

FTCS is cheaper with a 0.53% expense ratio, compared with 0.60% for FTGS.

Which ETF pays a higher dividend yield, FTGS or FTCS?

FTCS has the higher dividend yield at 1.11%, compared with 0.09% for FTGS.

What is the main difference between FTGS and FTCS?

FTGS is categorized as Large Cap Growth Equities, while FTCS is Large Cap Blend Equities. FTGS tracks The Growth Strength Index - Benchmark TR Gross, while FTCS tracks The Capital Strength Index. Their fees differ too: 0.60% for FTGS and 0.53% for FTCS.

Which has better risk-adjusted returns?

FTGS currently has the higher Sharpe Ratio (0.80 vs 0.51), 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.