KOLD vs. FTGC
Compare and contrast key facts about ProShares UltraShort Bloomberg Natural Gas (KOLD) and First Trust Global Tactical Commodity Strategy Fund (FTGC).
KOLD and FTGC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KOLD is a passively managed fund by ProShares that tracks the performance of the Bloomberg Natural Gas Subindex (TR) (200%). It was launched on Oct 4, 2011. FTGC is an actively managed fund by First Trust. It was launched on Oct 23, 2013.
Performance
KOLD vs. FTGC - Performance Comparison
Loading graphics...
KOLD vs. FTGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KOLD ProShares UltraShort Bloomberg Natural Gas | -38.45% | -17.48% | -11.34% | 249.82% | -88.62% | -74.44% | 22.05% | 82.94% | -46.48% | 72.02% |
FTGC First Trust Global Tactical Commodity Strategy Fund | 25.41% | 14.61% | 9.96% | -5.36% | 17.36% | 27.95% | 2.17% | 6.40% | -12.75% | 2.73% |
Returns By Period
In the year-to-date period, KOLD achieves a -38.45% return, which is significantly lower than FTGC's 25.41% return. Over the past 10 years, KOLD has underperformed FTGC with an annualized return of -29.03%, while FTGC has yielded a comparatively higher 8.37% annualized return.
KOLD
- 1D
- -0.73%
- 1M
- -7.42%
- YTD
- -38.45%
- 6M
- -37.60%
- 1Y
- 10.94%
- 3Y*
- -15.68%
- 5Y*
- -43.73%
- 10Y*
- -29.03%
FTGC
- 1D
- 0.53%
- 1M
- 14.11%
- YTD
- 25.41%
- 6M
- 30.43%
- 1Y
- 34.03%
- 3Y*
- 15.69%
- 5Y*
- 15.71%
- 10Y*
- 8.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KOLD vs. FTGC - Expense Ratio Comparison
Both KOLD and FTGC have an expense ratio of 0.95%.
Return for Risk
KOLD vs. FTGC — Risk / Return Rank
KOLD
FTGC
KOLD vs. FTGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Bloomberg Natural Gas (KOLD) and First Trust Global Tactical Commodity Strategy Fund (FTGC). 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.
| KOLD | FTGC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.09 | 2.05 | -1.96 |
Sortino ratioReturn per unit of downside risk | 1.02 | 2.67 | -1.64 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.37 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | 0.11 | 3.39 | -3.27 |
Martin ratioReturn relative to average drawdown | 0.27 | 10.79 | -10.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KOLD | FTGC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | 2.05 | -1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | 0.99 | -1.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.29 | 0.57 | -0.86 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.15 | 0.23 | -0.38 |
Correlation
The correlation between KOLD and FTGC is -0.27. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
KOLD vs. FTGC - Dividend Comparison
KOLD has not paid dividends to shareholders, while FTGC's dividend yield for the trailing twelve months is around 15.29%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KOLD ProShares UltraShort Bloomberg Natural Gas | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTGC First Trust Global Tactical Commodity Strategy Fund | 15.29% | 17.74% | 3.05% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% |
Drawdowns
KOLD vs. FTGC - Drawdown Comparison
The maximum KOLD drawdown since its inception was -99.45%, which is greater than FTGC's maximum drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for KOLD and FTGC.
Loading graphics...
Drawdown Indicators
| KOLD | FTGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.45% | -59.47% | -39.98% |
Max Drawdown (1Y)Largest decline over 1 year | -72.50% | -10.36% | -62.14% |
Max Drawdown (5Y)Largest decline over 5 years | -98.91% | -22.64% | -76.27% |
Max Drawdown (10Y)Largest decline over 10 years | -99.45% | -35.91% | -63.54% |
Current DrawdownCurrent decline from peak | -97.48% | 0.00% | -97.48% |
Average DrawdownAverage peak-to-trough decline | -69.15% | -27.79% | -41.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.16% | 3.25% | +27.91% |
Volatility
KOLD vs. FTGC - Volatility Comparison
ProShares UltraShort Bloomberg Natural Gas (KOLD) has a higher volatility of 29.18% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 6.58%. This indicates that KOLD's price experiences larger fluctuations and is considered to be riskier than FTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KOLD | FTGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.18% | 6.58% | +22.60% |
Volatility (6M)Calculated over the trailing 6-month period | 101.24% | 12.86% | +88.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 120.63% | 16.72% | +103.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 118.49% | 15.94% | +102.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.91% | 14.69% | +87.22% |