MIELY vs. FTGC

Last updated Jul 16, 2026

MIELY (Mitsubishi Electric Corp ADR) is a stock, while FTGC (First Trust Global Tactical Commodity Strategy Fund) is Commodities fund actively managed by First Trust. Over the past 10 years, MIELY returned 11.60%/yr vs 7.70%/yr for FTGC. At a 0.16 correlation, their price movements are largely independent.

Performance

MIELY vs. FTGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mitsubishi Electric Corp ADR (MIELY) and First Trust Global Tactical Commodity Strategy Fund (FTGC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MIELY achieves a 21.24% return, which is significantly lower than FTGC's 26.53% return. Over the past 10 years, MIELY has outperformed FTGC with an annualized return of 11.60%, while FTGC has yielded a comparatively lower 7.70% annualized return.

MIELY

• 1D: 1.19%
• 1M: -3.09%
• 6M: 9.23%
• YTD: 21.24%
• 1Y: 68.03%
• 3Y*: 35.00%
• 5Y*: 21.73%
• 10Y*: 11.60%

FTGC

• 1D: 0.58%
• 1M: 4.13%
• 6M: 21.66%
• YTD: 26.53%
• 1Y: 36.11%
• 3Y*: 15.59%
• 5Y*: 12.88%
• 10Y*: 7.70%

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

MIELY vs. FTGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MIELY Mitsubishi Electric Corp ADR	21.24%	73.08%	21.33%	42.15%	-22.04%	-16.17%	11.35%	23.78%	-33.88%	21.11%
FTGC First Trust Global Tactical Commodity Strategy Fund	26.53%	14.61%	9.96%	-5.36%	17.36%	27.95%	2.17%	6.40%	-12.75%	2.73%

Correlation

The correlation between MIELY and FTGC is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since Oct 23, 2013	0.16

The correlation between MIELY and FTGC shifts across timeframes, from -0.01 (1 year) to 0.16 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

MIELY vs. FTGC — Risk / Return Rank

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

MIELY

MIELY Risk / Return Rank: 88
MIELY Sharpe Ratio Rank: 89
MIELY Sortino Ratio Rank: 87
MIELY Omega Ratio Rank: 85
MIELY Calmar Ratio Rank: 89
MIELY Martin Ratio Rank: 89

FTGC

FTGC Risk / Return Rank: 80
FTGC Sharpe Ratio Rank: 88
FTGC Sortino Ratio Rank: 85
FTGC Omega Ratio Rank: 85
FTGC Calmar Ratio Rank: 72
FTGC Martin Ratio Rank: 68

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.

MIELY vs. FTGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mitsubishi Electric Corp ADR (MIELY) 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.

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.

	MIELY	FTGC	Difference
Sharpe ratio: Return per unit of total volatility	1.80	2.30	-0.50
Sortino ratio: Return per unit of downside risk	2.56	3.05	-0.49
Omega ratio: Gain probability vs. loss probability	1.31	1.40	-0.10
Calmar ratio: Return relative to maximum drawdown	3.47	2.94	+0.53
Martin ratio: Return relative to average drawdown	9.38	9.79	-0.41

MIELY vs. FTGC - Sharpe Ratio Comparison

The current MIELY Sharpe Ratio is 1.80, which is comparable to the FTGC Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of MIELY and FTGC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MIELY vs. FTGC - Drawdown Comparison

The maximum MIELY drawdown since its inception was -89.09%, which is greater than FTGC's maximum drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for MIELY and FTGC.

Drawdown Indicators

	MIELY	FTGC	Difference
Max Drawdown Largest peak-to-trough decline	-89.09%	-59.47%	-29.62%
Max Drawdown (1Y) Largest decline over 1 year	-19.73%	-12.34%	-7.39%
Max Drawdown (3Y) Largest decline over 3 years	-24.66%	-12.34%	-12.32%
Max Drawdown (5Y) Largest decline over 5 years	-40.18%	-22.64%	-17.54%
Max Drawdown (10Y) Largest decline over 10 years	-55.76%	-35.91%	-19.85%
Current Drawdown Current decline from peak	-42.49%	-5.11%	-37.38%
Average Drawdown Average peak-to-trough decline	-69.30%	-27.25%	-42.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.27%	3.70%	+3.57%

Volatility

MIELY vs. FTGC - Volatility Comparison

Mitsubishi Electric Corp ADR (MIELY) has a higher volatility of 10.39% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 4.36%. This indicates that MIELY'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.

Volatility by Period

	MIELY	FTGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.39%	4.36%	+6.03%
Volatility (6M) Calculated over the trailing 6-month period	31.14%	13.36%	+17.78%
Volatility (1Y) Calculated over the trailing 1-year period	37.93%	15.76%	+22.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.47%	15.88%	+15.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.00%	14.71%	+14.29%

Dividends

MIELY vs. FTGC - Dividend Comparison

MIELY has not paid dividends to shareholders, while FTGC's dividend yield for the trailing twelve months is around 15.31%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTGC First Trust Global Tactical Commodity Strategy Fund	15.31%	17.74%	3.05%	3.34%	10.35%	7.21%	0.00%	0.81%	0.80%	1.21%	0.00%
MIELY Mitsubishi Electric Corp ADR	0.00%	0.72%	0.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.98%	1.76%

Frequently Asked Questions

Can I hold both MIELY and FTGC in my portfolio?

MIELY and FTGC have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MIELY or FTGC?

MIELY has higher volatility (10.39%) compared to FTGC (4.36%). In terms of maximum drawdown, MIELY dropped -89.09% vs FTGC's -59.47%.

Which has better risk-adjusted returns?

FTGC currently has the higher Sharpe Ratio (2.30 vs 1.80), 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.