FTRI vs. GLNCY

Last updated Jun 4, 2026

FTRI (First Trust Indxx Global Natural Resources Income ETF) is Commodity Producers Equities fund tracking the Indxx Global Natural Resources Income Index, while GLNCY (Glencore PLC ADR) is a stock. Over the past 10 years, FTRI returned 10.43%/yr vs 19.48%/yr for GLNCY. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

FTRI vs. GLNCY - 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 Glencore PLC ADR (GLNCY). 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 lower than GLNCY's 50.16% return. Over the past 10 years, FTRI has underperformed GLNCY with an annualized return of 10.43%, while GLNCY has yielded a comparatively higher 19.48% annualized 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%

GLNCY

• 1D: -2.29%
• 1M: 8.55%
• YTD: 50.16%
• 6M: 61.54%
• 1Y: 118.41%
• 3Y*: 19.26%
• 5Y*: 17.27%
• 10Y*: 19.48%

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

FTRI vs. GLNCY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTRI First Trust Indxx Global Natural Resources Income ETF	10.97%	33.62%	-3.93%	1.53%	7.49%	25.29%	-0.79%	21.97%	-8.34%	11.77%
GLNCY Glencore PLC ADR	50.16%	28.74%	-25.38%	-1.13%	40.92%	66.50%	1.46%	-10.33%	-27.77%	56.55%

Correlation

The correlation between FTRI and GLNCY is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Dec 22, 2015	0.63

The correlation between FTRI and GLNCY has been stable across timeframes, ranging from 0.59 to 0.67 - a consistent structural relationship.

Return for Risk

FTRI vs. GLNCY — 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

GLNCY

GLNCY Risk / Return Rank: 96
GLNCY Sharpe Ratio Rank: 96
GLNCY Sortino Ratio Rank: 95
GLNCY Omega Ratio Rank: 94
GLNCY Calmar Ratio Rank: 96
GLNCY Martin Ratio Rank: 97

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. GLNCY - 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 Glencore PLC ADR (GLNCY). 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	GLNCY	Difference
Sharpe ratio: Return per unit of total volatility	1.59	3.59	-2.00
Sortino ratio: Return per unit of downside risk	2.04	4.20	-2.16
Omega ratio: Gain probability vs. loss probability	1.28	1.54	-0.26
Calmar ratio: Return relative to maximum drawdown	2.31	8.10	-5.78
Martin ratio: Return relative to average drawdown	6.63	24.92	-18.29
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. GLNCY - Sharpe Ratio Comparison

The current FTRI Sharpe Ratio is 1.59, which is lower than the GLNCY Sharpe Ratio of 3.59. The chart below compares the historical Sharpe Ratios of FTRI and GLNCY, 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	GLNCY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	3.59	-2.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.49	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.50	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.10	+0.38

Drawdowns

FTRI vs. GLNCY - Drawdown Comparison

The maximum FTRI drawdown since its inception was -43.82%, smaller than the maximum GLNCY drawdown of -85.04%. Use the drawdown chart below to compare losses from any high point for FTRI and GLNCY.

Drawdown Indicators

	FTRI	GLNCY	Difference
Max Drawdown Largest peak-to-trough decline	-43.82%	-85.04%	+41.22%
Max Drawdown (1Y) Largest decline over 1 year	-11.87%	-14.71%	+2.84%
Max Drawdown (3Y) Largest decline over 3 years	-15.25%	-53.44%	+38.19%
Max Drawdown (5Y) Largest decline over 5 years	-27.51%	-54.06%	+26.55%
Max Drawdown (10Y) Largest decline over 10 years	-43.82%	-76.10%	+32.28%
Current Drawdown Current decline from peak	-9.02%	-2.29%	-6.73%
Average Drawdown Average peak-to-trough decline	-8.47%	-32.33%	+23.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.14%	4.77%	-0.63%

Volatility

FTRI vs. GLNCY - Volatility Comparison

The current volatility for First Trust Indxx Global Natural Resources Income ETF (FTRI) is 5.54%, while Glencore PLC ADR (GLNCY) has a volatility of 10.04%. This indicates that FTRI experiences smaller price fluctuations and is considered to be less risky than GLNCY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTRI	GLNCY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	10.04%	-4.50%
Volatility (6M) Calculated over the trailing 6-month period	14.10%	24.86%	-10.76%
Volatility (1Y) Calculated over the trailing 1-year period	17.32%	33.22%	-15.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.76%	35.68%	-14.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.03%	39.05%	-17.02%

Dividends

FTRI vs. GLNCY - Dividend Comparison

FTRI's dividend yield for the trailing twelve months is around 2.33%, more than GLNCY's 1.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
GLNCY Glencore PLC ADR	1.66%	1.83%	2.98%	8.68%	5.56%	3.00%	0.00%	5.50%	4.70%	1.08%	0.00%	13.64%

Frequently Asked Questions

Can I hold both FTRI and GLNCY in my portfolio?

FTRI and GLNCY have a correlation of 0.59, 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 GLNCY?

GLNCY has higher volatility (10.04%) compared to FTRI (5.54%). In terms of maximum drawdown, FTRI dropped -43.82% vs GLNCY's -85.04%.

Which has better risk-adjusted returns?

GLNCY currently has the higher Sharpe Ratio (3.59 vs 1.59), 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.