FTXN vs. IGLD
FTXN (First Trust Nasdaq Oil & Gas ETF) and IGLD (FT Vest Gold Strategy Target Income ETF) are both exchange-traded funds - FTXN is a Energy Equities fund tracking the Nasdaq U.S. Smart Oil & Gas Index, while IGLD is a Gold fund actively managed by First Trust. FTXN is passively managed, while IGLD is actively managed. Over the past 5 years, FTXN returned 15.47%/yr vs 12.19%/yr for IGLD. At a 0.11 correlation, their price movements are largely independent. FTXN charges 0.60%/yr vs 0.85%/yr for IGLD.
Performance
FTXN vs. IGLD - Performance Comparison
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Returns By Period
In the year-to-date period, FTXN achieves a 22.46% return, which is significantly higher than IGLD's -7.48% return.
FTXN
- 1D
- 1.04%
- 1M
- -6.30%
- YTD
- 22.46%
- 6M
- 23.65%
- 1Y
- 27.86%
- 3Y*
- 12.79%
- 5Y*
- 15.47%
- 10Y*
- —
IGLD
- 1D
- 1.35%
- 1M
- -9.85%
- YTD
- -7.48%
- 6M
- -10.00%
- 1Y
- 13.61%
- 3Y*
- 19.42%
- 5Y*
- 12.19%
- 10Y*
- —
FTXN vs. IGLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FTXN First Trust Nasdaq Oil & Gas ETF | 22.46% | -0.17% | 4.06% | 4.91% | 47.45% | 28.70% |
IGLD FT Vest Gold Strategy Target Income ETF | -7.48% | 47.46% | 19.36% | 9.24% | -2.34% | 4.30% |
Correlation
The correlation between FTXN and IGLD is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2021 | 0.11 |
The correlation between FTXN and IGLD shifts across timeframes, from -0.05 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FTXN vs. IGLD — Risk / Return Rank
FTXN
IGLD
FTXN vs. IGLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Oil & Gas ETF (FTXN) and FT Vest Gold Strategy Target Income ETF (IGLD). 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.
| FTXN | IGLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.13 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 0.57 | +1.20 |
| Martin ratioReturn relative to average drawdown | 4.97 | 1.72 | +3.25 |
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Drawdowns
FTXN vs. IGLD - Drawdown Comparison
The maximum FTXN drawdown since its inception was -73.49%, which is greater than IGLD's maximum drawdown of -23.84%. Use the drawdown chart below to compare losses from any high point for FTXN and IGLD.
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Drawdown Indicators
| FTXN | IGLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.49% | -23.84% | -49.65% |
Max Drawdown (1Y)Largest decline over 1 year | -15.74% | -23.84% | +8.10% |
Max Drawdown (3Y)Largest decline over 3 years | -26.96% | -23.84% | -3.12% |
Max Drawdown (5Y)Largest decline over 5 years | -29.97% | -23.84% | -6.13% |
Current DrawdownCurrent decline from peak | -14.53% | -22.81% | +8.28% |
Average DrawdownAverage peak-to-trough decline | -19.18% | -5.39% | -13.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.62% | 7.95% | -2.33% |
Volatility
FTXN vs. IGLD - Volatility Comparison
The current volatility for First Trust Nasdaq Oil & Gas ETF (FTXN) is 7.68%, while FT Vest Gold Strategy Target Income ETF (IGLD) has a volatility of 8.86%. This indicates that FTXN experiences smaller price fluctuations and is considered to be less risky than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTXN | IGLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.68% | 8.86% | -1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 18.26% | 22.58% | -4.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.24% | 24.64% | -1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.67% | 15.56% | +14.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.77% | 15.37% | +16.40% |
FTXN vs. IGLD - Expense Ratio Comparison
FTXN has a 0.60% expense ratio, which is lower than IGLD's 0.85% expense ratio.
Dividends
FTXN vs. IGLD - Dividend Comparison
FTXN's dividend yield for the trailing twelve months is around 2.56%, less than IGLD's 19.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FTXN First Trust Nasdaq Oil & Gas ETF | 2.56% | 2.83% | 2.51% | 3.41% | 2.26% | 1.04% | 1.76% | 2.72% | 2.16% | 1.78% | 0.20% |
IGLD FT Vest Gold Strategy Target Income ETF | 19.69% | 9.91% | 20.81% | 7.85% | 4.45% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTXN and IGLD have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGLD has higher volatility (8.86%) compared to FTXN (7.68%). In terms of maximum drawdown, FTXN dropped -73.49% vs IGLD's -23.84%.
On 5-year performance, FTXN leads with 15.47% vs 12.19% for IGLD. On fees, FTXN is cheaper at 0.60% per year. On volatility, FTXN has been the lower-risk option at 7.68%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FTXN has performed better with a 15.47% return vs 12.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FTXN is cheaper with a 0.60% expense ratio, compared with 0.85% for IGLD.
IGLD has the higher dividend yield at 19.69%, compared with 2.56% for FTXN.
FTXN is categorized as Energy Equities, while IGLD is Gold. Their fees differ too: 0.60% for FTXN and 0.85% for IGLD.
FTXN currently has the higher Sharpe Ratio (1.21 vs 0.55), 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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