FTRI vs. BGLD

Last updated Jun 4, 2026

FTRI (First Trust Indxx Global Natural Resources Income ETF) and BGLD (FT Vest Gold Strategy Quarterly Buffer ETF) are both exchange-traded funds - FTRI is a Commodity Producers Equities fund tracking the Indxx Global Natural Resources Income Index, while BGLD is a Defined Outcome fund actively managed by FT Vest. FTRI is passively managed, while BGLD is actively managed. Over the past 5 years, FTRI returned 8.19%/yr vs 11.20%/yr for BGLD. At a 0.38 correlation, their price movements are largely independent. FTRI charges 0.70%/yr vs 0.91%/yr for BGLD.

Performance

FTRI vs. BGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx Global Natural Resources Income ETF (FTRI) and FT Vest Gold Strategy Quarterly Buffer ETF (BGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTRI achieves a 10.97% return, which is significantly higher than BGLD's 0.32% return.

FTRI

• 1D: -0.41%
• 1M: 0.13%
• YTD: 10.97%
• 6M: 14.06%
• 1Y: 27.35%
• 3Y*: 16.47%
• 5Y*: 8.19%
• 10Y*: 10.43%

BGLD

• 1D: -0.52%
• 1M: 0.80%
• YTD: 0.32%
• 6M: 1.34%
• 1Y: 12.93%
• 3Y*: 19.37%
• 5Y*: 11.20%
• 10Y*: —

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

FTRI vs. BGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FTRI First Trust Indxx Global Natural Resources Income ETF	10.97%	33.62%	-3.93%	1.53%	7.49%	16.81%
BGLD FT Vest Gold Strategy Quarterly Buffer ETF	0.32%	33.03%	21.80%	13.24%	-2.42%	-5.57%

Correlation

The correlation between FTRI and BGLD is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Jan 22, 2021	0.38

Return for Risk

FTRI vs. BGLD — Risk / Return Rank

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

FTRI

FTRI Risk / Return Rank: 43
FTRI Sharpe Ratio Rank: 45
FTRI Sortino Ratio Rank: 39
FTRI Omega Ratio Rank: 43
FTRI Calmar Ratio Rank: 47
FTRI Martin Ratio Rank: 41

BGLD

BGLD Risk / Return Rank: 28
BGLD Sharpe Ratio Rank: 29
BGLD Sortino Ratio Rank: 28
BGLD Omega Ratio Rank: 31
BGLD Calmar Ratio Rank: 25
BGLD Martin Ratio Rank: 27

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.

FTRI vs. BGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Global Natural Resources Income ETF (FTRI) and FT Vest Gold Strategy Quarterly Buffer ETF (BGLD). 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.

	FTRI	BGLD	Difference
Sharpe ratio Return per unit of total volatility	1.59	1.09	+0.50
Sortino ratio Return per unit of downside risk	2.04	1.51	+0.52
Omega ratio Gain probability vs. loss probability	1.28	1.21	+0.06
Calmar ratio Return relative to maximum drawdown	2.31	1.17	+1.15
Martin ratio Return relative to average drawdown	6.63	3.72	+2.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTRI vs. BGLD - Sharpe Ratio Comparison

The current FTRI Sharpe Ratio is 1.59, which is higher than the BGLD Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of FTRI and BGLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FTRI	BGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	1.09	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	1.13	-0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	1.05	-0.57

Drawdowns

FTRI vs. BGLD - Drawdown Comparison

The maximum FTRI drawdown since its inception was -43.82%, which is greater than BGLD's maximum drawdown of -16.19%. Use the drawdown chart below to compare losses from any high point for FTRI and BGLD.

Drawdown Indicators

	FTRI	BGLD	Difference
Max Drawdown Largest peak-to-trough decline	-43.82%	-16.19%	-27.63%
Max Drawdown (1Y) Largest decline over 1 year	-11.87%	-11.11%	-0.76%
Max Drawdown (3Y) Largest decline over 3 years	-15.25%	-11.11%	-4.14%
Max Drawdown (5Y) Largest decline over 5 years	-27.51%	-15.52%	-11.99%
Max Drawdown (10Y) Largest decline over 10 years	-43.82%	—	—
Current Drawdown Current decline from peak	-9.02%	-7.22%	-1.80%
Average Drawdown Average peak-to-trough decline	-8.47%	-3.64%	-4.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.14%	3.49%	+0.65%

Volatility

FTRI vs. BGLD - Volatility Comparison

First Trust Indxx Global Natural Resources Income ETF (FTRI) has a higher volatility of 5.54% compared to FT Vest Gold Strategy Quarterly Buffer ETF (BGLD) at 2.20%. This indicates that FTRI's price experiences larger fluctuations and is considered to be riskier than BGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTRI	BGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	2.20%	+3.34%
Volatility (6M) Calculated over the trailing 6-month period	14.10%	10.04%	+4.06%
Volatility (1Y) Calculated over the trailing 1-year period	17.32%	11.90%	+5.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.76%	9.97%	+10.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.03%	9.89%	+12.14%

FTRI vs. BGLD - Expense Ratio Comparison

FTRI has a 0.70% expense ratio, which is lower than BGLD's 0.91% expense ratio.

Dividends

FTRI vs. BGLD - Dividend Comparison

FTRI's dividend yield for the trailing twelve months is around 2.33%, less than BGLD's 44.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGLD FT Vest Gold Strategy Quarterly Buffer ETF	44.18%	44.32%	25.04%	10.49%	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTRI First Trust Indxx Global Natural Resources Income ETF	2.33%	2.35%	4.29%	6.56%	8.37%	6.58%	3.64%	6.25%	4.24%	3.60%	2.96%	0.89%

Frequently Asked Questions

Can I hold both FTRI and BGLD in my portfolio?

FTRI and BGLD have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTRI or BGLD?

FTRI has higher volatility (5.54%) compared to BGLD (2.20%). In terms of maximum drawdown, FTRI dropped -43.82% vs BGLD's -16.19%.

Which ETF is better, FTRI or BGLD?

On 5-year performance, BGLD leads with 11.20% vs 8.19% for FTRI. On fees, FTRI is cheaper at 0.70% per year. On volatility, BGLD has been the lower-risk option at 2.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTRI or BGLD?

Over the 5-year period, BGLD has performed better with a 11.20% return vs 8.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTRI or BGLD?

FTRI is cheaper with a 0.70% expense ratio, compared with 0.91% for BGLD.

Which ETF pays a higher dividend yield, FTRI or BGLD?

BGLD has the higher dividend yield at 44.18%, compared with 2.33% for FTRI.

What is the main difference between FTRI and BGLD?

FTRI is categorized as Commodity Producers Equities, while BGLD is Defined Outcome. They also come from different issuers: First Trust and FT Vest. Their fees differ too: 0.70% for FTRI and 0.91% for BGLD.

Which has better risk-adjusted returns?

FTRI currently has the higher Sharpe Ratio (1.59 vs 1.09), 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.