IGLD vs. FSCO
IGLD (FT Vest Gold Strategy Target Income ETF) is Gold fund actively managed by First Trust, while FSCO (FS Credit Opportunities Corp.) is a stock. Over the past 3 years, IGLD returned 20.70%/yr vs 14.91%/yr for FSCO. At a 0.08 correlation, their price movements are largely independent.
Performance
IGLD vs. FSCO - Performance Comparison
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Returns By Period
In the year-to-date period, IGLD achieves a -3.05% return, which is significantly higher than FSCO's -17.20% return.
IGLD
- 1D
- -0.50%
- 1M
- -5.65%
- YTD
- -3.05%
- 6M
- -3.19%
- 1Y
- 18.24%
- 3Y*
- 20.70%
- 5Y*
- 13.37%
- 10Y*
- —
FSCO
- 1D
- -0.60%
- 1M
- -2.57%
- YTD
- -17.20%
- 6M
- -13.96%
- 1Y
- -22.70%
- 3Y*
- 14.91%
- 5Y*
- —
- 10Y*
- —
IGLD vs. FSCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IGLD FT Vest Gold Strategy Target Income ETF | -3.05% | 47.46% | 19.36% | 9.24% | 1.49% |
FSCO FS Credit Opportunities Corp. | -17.20% | 3.68% | 34.88% | 36.98% | -3.98% |
Correlation
The correlation between IGLD and FSCO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2022 | 0.08 |
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Return for Risk
IGLD vs. FSCO — Risk / Return Rank
IGLD
FSCO
IGLD vs. FSCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Gold Strategy Target Income ETF (IGLD) and FS Credit Opportunities Corp. (FSCO). 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.
| IGLD | FSCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.59 | ||
| Sortino ratioReturn per unit of downside risk | +2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.86 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | -0.64 | +1.48 |
| Martin ratioReturn relative to average drawdown | 2.47 | -1.26 | +3.73 |
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Drawdowns
IGLD vs. FSCO - Drawdown Comparison
The maximum IGLD drawdown since its inception was -21.90%, smaller than the maximum FSCO drawdown of -35.53%. Use the drawdown chart below to compare losses from any high point for IGLD and FSCO.
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Drawdown Indicators
| IGLD | FSCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.90% | -35.53% | +13.63% |
Max Drawdown (1Y)Largest decline over 1 year | -21.90% | -35.53% | +13.63% |
Max Drawdown (3Y)Largest decline over 3 years | -21.90% | -35.53% | +13.63% |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | — | — |
Current DrawdownCurrent decline from peak | -19.11% | -27.71% | +8.60% |
Average DrawdownAverage peak-to-trough decline | -5.34% | -8.11% | +2.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.46% | 17.93% | -10.47% |
Volatility
IGLD vs. FSCO - Volatility Comparison
FT Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 8.12% compared to FS Credit Opportunities Corp. (FSCO) at 6.04%. This indicates that IGLD's price experiences larger fluctuations and is considered to be riskier than FSCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGLD | FSCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.12% | 6.04% | +2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | 22.58% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.31% | 27.39% | -3.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.45% | 28.18% | -12.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.28% | 28.18% | -12.90% |
Dividends
IGLD vs. FSCO - Dividend Comparison
IGLD's dividend yield for the trailing twelve months is around 18.79%, more than FSCO's 15.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | 15.92% | 12.65% | 10.47% | 11.26% | 1.95% | 0.00% |
IGLD FT Vest Gold Strategy Target Income ETF | 18.79% | 9.91% | 20.81% | 7.85% | 4.45% | 2.24% |
Frequently Asked Questions
IGLD and FSCO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGLD has higher volatility (8.12%) compared to FSCO (6.04%). In terms of maximum drawdown, IGLD dropped -21.90% vs FSCO's -35.53%.
IGLD currently has the higher Sharpe Ratio (0.76 vs -0.83), 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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