NBCM vs. FTGC
Compare and contrast key facts about Neuberger Berman Commodity Strategy ETF (NBCM) and First Trust Global Tactical Commodity Strategy Fund (FTGC).
NBCM and FTGC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NBCM is an actively managed fund by Neuberger Berman. It was launched on Aug 27, 2012. FTGC is an actively managed fund by First Trust. It was launched on Oct 23, 2013.
Performance
NBCM vs. FTGC - Performance Comparison
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NBCM vs. FTGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NBCM Neuberger Berman Commodity Strategy ETF | 23.89% | 17.45% | 6.55% | -6.41% | 5.23% |
FTGC First Trust Global Tactical Commodity Strategy Fund | 25.41% | 14.61% | 9.96% | -5.36% | 3.26% |
Returns By Period
In the year-to-date period, NBCM achieves a 23.89% return, which is significantly lower than FTGC's 25.41% return.
NBCM
- 1D
- -0.29%
- 1M
- 11.18%
- YTD
- 23.89%
- 6M
- 29.39%
- 1Y
- 34.41%
- 3Y*
- 14.43%
- 5Y*
- —
- 10Y*
- —
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%
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NBCM vs. FTGC - Expense Ratio Comparison
NBCM has a 0.66% expense ratio, which is lower than FTGC's 0.95% expense ratio.
Return for Risk
NBCM vs. FTGC — Risk / Return Rank
NBCM
FTGC
NBCM vs. FTGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Commodity Strategy ETF (NBCM) 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.
| NBCM | FTGC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.86 | 2.05 | -0.18 |
Sortino ratioReturn per unit of downside risk | 2.38 | 2.67 | -0.29 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.37 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 3.30 | 3.39 | -0.09 |
Martin ratioReturn relative to average drawdown | 10.71 | 10.79 | -0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NBCM | FTGC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 2.05 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.99 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.23 | +0.65 |
Correlation
The correlation between NBCM and FTGC is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
NBCM vs. FTGC - Dividend Comparison
NBCM's dividend yield for the trailing twelve months is around 6.83%, less than FTGC's 15.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NBCM Neuberger Berman Commodity Strategy ETF | 6.83% | 8.46% | 5.22% | 4.37% | 0.80% | 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
NBCM vs. FTGC - Drawdown Comparison
The maximum NBCM drawdown since its inception was -12.84%, smaller than the maximum FTGC drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for NBCM and FTGC.
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Drawdown Indicators
| NBCM | FTGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.84% | -59.47% | +46.63% |
Max Drawdown (1Y)Largest decline over 1 year | -10.76% | -10.36% | -0.40% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.91% | — |
Current DrawdownCurrent decline from peak | -1.44% | 0.00% | -1.44% |
Average DrawdownAverage peak-to-trough decline | -4.30% | -27.79% | +23.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 3.25% | +0.06% |
Volatility
NBCM vs. FTGC - Volatility Comparison
Neuberger Berman Commodity Strategy ETF (NBCM) has a higher volatility of 7.35% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 6.58%. This indicates that NBCM'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.
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Volatility by Period
| NBCM | FTGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.35% | 6.58% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 15.11% | 12.86% | +2.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.57% | 16.72% | +1.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 15.94% | -1.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.91% | 14.69% | +0.22% |