IGLD vs. NFTY
IGLD (FT Vest Gold Strategy Target Income ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - IGLD is a Gold fund actively managed by First Trust, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. IGLD is actively managed, while NFTY is passively managed. Over the past 5 years, IGLD returned 12.05%/yr vs 5.70%/yr for NFTY. Their 0.19 correlation means their historical movements had little consistent relationship. IGLD charges 0.85%/yr vs 0.80%/yr for NFTY.
Performance
IGLD vs. NFTY - Performance Comparison
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Returns By Period
In the year-to-date period, IGLD achieves a -6.86% return, which is significantly lower than NFTY's -5.08% return.
IGLD
- 1D
- -0.32%
- 1M
- -1.46%
- 6M
- -11.29%
- YTD
- -6.86%
- 1Y
- 13.43%
- 3Y*
- 19.46%
- 5Y*
- 12.05%
- 10Y*
- —
- ALL TIME*
- 11.73%
NFTY
- 1D
- 0.88%
- 1M
- 1.75%
- 6M
- -5.04%
- YTD
- -5.08%
- 1Y
- -1.61%
- 3Y*
- 6.43%
- 5Y*
- 5.70%
- 10Y*
- 7.54%
- ALL TIME*
- 6.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.93M | $5.43M | $7.10M | |
| $2.50M | $1.73M | $1.67M |
IGLD vs. NFTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IGLD FT Vest Gold Strategy Target Income ETF | -6.86% | 47.46% | 19.36% | 9.24% | -2.34% | 4.30% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | -5.08% | 5.47% | 5.18% | 24.00% | -3.46% | 13.03% |
Correlation
The correlation between IGLD and NFTY is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2021 | 0.19 |
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Return for Risk
IGLD vs. NFTY — Risk / Return Rank
IGLD
NFTY
IGLD vs. NFTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT 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.
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 | NFTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.99 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | -0.10 | +0.67 |
| Martin ratioReturn relative to average drawdown | 1.26 | -0.23 | +1.50 |
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Drawdowns
IGLD vs. NFTY - Drawdown Comparison
The maximum IGLD drawdown since its inception was -23.84%, 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.
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Drawdown Indicators
| IGLD | NFTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.84% | -47.67% | +23.83% |
Max Drawdown (1Y)Largest decline over 1 year | -23.84% | -16.14% | -7.70% |
Max Drawdown (3Y)Largest decline over 3 years | -23.84% | -21.55% | -2.29% |
Max Drawdown (5Y)Largest decline over 5 years | -23.84% | -21.55% | -2.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.67% | — |
Current DrawdownCurrent decline from peak | -22.29% | -13.23% | -9.06% |
Average DrawdownAverage peak-to-trough decline | -5.71% | -9.65% | +3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.65% | 6.99% | +3.66% |
Volatility
IGLD vs. NFTY - Volatility Comparison
FT Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 5.32% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.57%. 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.
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Volatility by Period
| IGLD | NFTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 3.57% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 20.82% | 12.74% | +8.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.12% | 14.87% | +10.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.75% | 17.41% | -1.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.43% | 20.65% | -5.22% |
IGLD vs. NFTY - Expense Ratio Comparison
IGLD has a 0.85% expense ratio, which is higher than NFTY's 0.80% expense ratio.
Dividends
IGLD vs. NFTY - Dividend Comparison
IGLD's dividend yield for the trailing twelve months is around 23.29%, more than NFTY's 1.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLD FT Vest Gold Strategy Target Income ETF | 23.29% | 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 | 1.87% | 1.24% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.39% |
Frequently Asked Questions
IGLD and NFTY have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGLD has higher volatility (5.32%) compared to NFTY (3.57%). In terms of maximum drawdown, IGLD dropped -23.84% vs NFTY's -47.67%.
On 5-year performance, IGLD leads with 12.05% vs 5.70% for NFTY. On fees, NFTY is cheaper at 0.80% per year. On volatility, NFTY has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IGLD has performed better with a 12.05% return vs 5.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NFTY is cheaper with a 0.80% expense ratio, compared with 0.85% for IGLD.
IGLD has the higher dividend yield at 23.29%, compared with 1.87% for NFTY.
IGLD is categorized as Gold, while NFTY is India Equities. Their fees differ too: 0.85% for IGLD and 0.80% for NFTY.
IGLD currently has the higher Sharpe Ratio (0.54 vs -0.11), 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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