IGLD vs. NFTY

Last updated Apr 1, 2026

Compare and contrast key facts about FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and First Trust India NIFTY 50 Equal Weight ETF (NFTY).

IGLD and NFTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGLD is an actively managed fund by First Trust. It was launched on Mar 2, 2021. NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012.

Performance

IGLD vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

IGLD vs. NFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IGLD FT Cboe Vest Gold Strategy Target Income ETF	5.99%	47.46%	19.36%	9.24%	-2.34%	4.30%
NFTY First Trust India NIFTY 50 Equal Weight ETF	-11.19%	5.47%	5.18%	24.00%	-3.46%	12.12%

Returns By Period

In the year-to-date period, IGLD achieves a 5.99% return, which is significantly higher than NFTY's -11.19% return.

IGLD

• 1D: 3.70%
• 1M: -10.43%
• YTD: 5.99%
• 6M: 16.73%
• 1Y: 38.18%
• 3Y*: 24.46%
• 5Y*: 15.50%
• 10Y*: —

NFTY

• 1D: 3.49%
• 1M: -9.46%
• YTD: -11.19%
• 6M: -7.86%
• 1Y: -5.94%
• 3Y*: 8.26%
• 5Y*: 5.87%
• 10Y*: 7.64%

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

IGLD vs. NFTY - Expense Ratio Comparison

IGLD has a 0.85% expense ratio, which is higher than NFTY's 0.80% expense ratio.

IGLD

FT Cboe Vest Gold Strategy Target Income ETF

NFTY

First Trust India NIFTY 50 Equal Weight ETF

Return for Risk

IGLD vs. NFTY — Risk / Return Rank

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

IGLD

IGLD Risk / Return Rank: 84
IGLD Sharpe Ratio Rank: 84
IGLD Sortino Ratio Rank: 83
IGLD Omega Ratio Rank: 84
IGLD Calmar Ratio Rank: 83
IGLD Martin Ratio Rank: 86

NFTY

NFTY Risk / Return Rank: 5
NFTY Sharpe Ratio Rank: 6
NFTY Sortino Ratio Rank: 5
NFTY Omega Ratio Rank: 5
NFTY Calmar Ratio Rank: 7
NFTY Martin Ratio Rank: 3

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.

IGLD vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.

	IGLD	NFTY	Difference
Sharpe ratio Return per unit of total volatility	1.62	-0.38	+1.99
Sortino ratio Return per unit of downside risk	2.09	-0.46	+2.54
Omega ratio Gain probability vs. loss probability	1.32	0.95	+0.37
Calmar ratio Return relative to maximum drawdown	2.25	-0.34	+2.59
Martin ratio Return relative to average drawdown	9.68	-1.21	+10.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGLD vs. NFTY - Sharpe Ratio Comparison

The current IGLD Sharpe Ratio is 1.62, which is higher than the NFTY Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of IGLD and NFTY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IGLD	NFTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	-0.38	+1.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	0.34	+0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	0.27	+0.77

Correlation

The correlation between IGLD and NFTY is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IGLD vs. NFTY - Dividend Comparison

IGLD's dividend yield for the trailing twelve months is around 12.45%, more than NFTY's 1.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGLD FT Cboe Vest Gold Strategy Target Income ETF	12.45%	9.91%	20.81%	7.85%	4.45%	2.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NFTY First Trust India NIFTY 50 Equal Weight ETF	1.99%	1.24%	1.61%	0.13%	5.89%	1.53%	0.61%	0.97%	0.00%	4.10%	3.28%	4.39%

Drawdowns

IGLD vs. NFTY - Drawdown Comparison

The maximum IGLD drawdown since its inception was -18.59%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for IGLD and NFTY.

Drawdown Indicators

	IGLD	NFTY	Difference
Max Drawdown Largest peak-to-trough decline	-18.59%	-47.67%	+29.08%
Max Drawdown (1Y) Largest decline over 1 year	-17.56%	-16.14%	-1.42%
Max Drawdown (5Y) Largest decline over 5 years	-18.59%	-21.55%	+2.96%
Max Drawdown (10Y) Largest decline over 10 years	—	-47.67%	—
Current Drawdown Current decline from peak	-11.57%	-18.81%	+7.24%
Average Drawdown Average peak-to-trough decline	-5.01%	-9.51%	+4.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.08%	4.51%	-0.43%

Volatility

IGLD vs. NFTY - Volatility Comparison

FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 11.19% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 7.54%. This indicates that IGLD's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGLD	NFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.19%	7.54%	+3.65%
Volatility (6M) Calculated over the trailing 6-month period	21.21%	11.42%	+9.79%
Volatility (1Y) Calculated over the trailing 1-year period	23.75%	15.79%	+7.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.90%	17.54%	-2.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.86%	20.72%	-5.86%