MJUS vs. FTGC

Last updated Jun 4, 2026

MJUS (ETFMG U.S. Alternative Harvest ETF) and FTGC (First Trust Global Tactical Commodity Strategy Fund) are both exchange-traded funds - MJUS is a Cannabis fund actively managed by ETFMG, while FTGC is a Commodities fund actively managed by First Trust. Both are actively managed. At a 0.10 correlation, their price movements are largely independent. MJUS charges 0.75%/yr vs 0.95%/yr for FTGC.

Performance

MJUS vs. FTGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG U.S. Alternative Harvest ETF (MJUS) and First Trust Global Tactical Commodity Strategy Fund (FTGC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MJUS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTGC

• 1D: -0.44%
• 1M: -2.63%
• YTD: 27.15%
• 6M: 26.06%
• 1Y: 41.32%
• 3Y*: 18.13%
• 5Y*: 13.08%
• 10Y*: 7.77%

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

MJUS vs. FTGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	27.88%	-17.41%	-66.89%	-39.41%
FTGC First Trust Global Tactical Commodity Strategy Fund	27.15%	14.61%	9.96%	-5.36%	17.36%	7.21%

Correlation

The correlation between MJUS and FTGC is 0.10, 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 (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since May 14, 2021	0.10

Return for Risk

MJUS vs. FTGC — Risk / Return Rank

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

FTGC

FTGC Risk / Return Rank: 81
FTGC Sharpe Ratio Rank: 81
FTGC Sortino Ratio Rank: 75
FTGC Omega Ratio Rank: 77
FTGC Calmar Ratio Rank: 88
FTGC Martin Ratio Rank: 84

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.

MJUS vs. FTGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG U.S. Alternative Harvest ETF (MJUS) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MJUS	FTGC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.66	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.24	—

Drawdowns

Drawdown Indicators

	MJUS	FTGC	Difference
Max Drawdown Largest peak-to-trough decline	—	-59.47%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.91%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.91%	—
Current Drawdown Current decline from peak	—	-4.65%	—
Average Drawdown Average peak-to-trough decline	—	-27.42%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.38%	—

Volatility

Volatility by Period

	MJUS	FTGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.59%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.00%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.71%	—

MJUS vs. FTGC - Expense Ratio Comparison

MJUS has a 0.75% expense ratio, which is lower than FTGC's 0.95% expense ratio.

Dividends

MJUS vs. FTGC - Dividend Comparison

MJUS has not paid dividends to shareholders, while FTGC's dividend yield for the trailing twelve months is around 15.08%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTGC First Trust Global Tactical Commodity Strategy Fund	15.08%	17.74%	3.05%	3.34%	10.35%	7.21%	0.00%	0.81%	0.80%	1.21%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MJUS and FTGC in my portfolio?

MJUS and FTGC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MJUS or FTGC?

On fees, MJUS is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MJUS or FTGC?

MJUS is cheaper with a 0.75% expense ratio, compared with 0.95% for FTGC.

Which ETF pays a higher dividend yield, MJUS or FTGC?

FTGC has the higher dividend yield at 15.08%, compared with 0.00% for MJUS.

What is the main difference between MJUS and FTGC?

MJUS is categorized as Cannabis, while FTGC is Commodities. They also come from different issuers: ETFMG and First Trust. Their fees differ too: 0.75% for MJUS and 0.95% for FTGC.