REMG vs. FCG

Last updated Jun 24, 2026

REMG (Russell Investments Emerging Markets Equity ETF) and FCG (First Trust Natural Gas ETF) are both exchange-traded funds - REMG is a Emerging Markets Diversified fund actively managed by Russell, while FCG is a Energy Equities fund tracking the ISE-Revere Natural Gas Index. REMG is actively managed, while FCG is passively managed. Over the past year, REMG returned 48.86% vs 16.99% for FCG. At a correlation of -0.07, they often move in opposite directions. REMG charges 0.64%/yr vs 0.60%/yr for FCG.

Performance

REMG vs. FCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Russell Investments Emerging Markets Equity ETF (REMG) and First Trust Natural Gas ETF (FCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REMG achieves a 24.01% return, which is significantly higher than FCG's 17.54% return.

REMG

• 1D: -5.46%
• 1M: 1.92%
• YTD: 24.01%
• 6M: 25.35%
• 1Y: 48.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FCG

• 1D: 0.26%
• 1M: -9.72%
• YTD: 17.54%
• 6M: 17.54%
• 1Y: 16.99%
• 3Y*: 10.20%
• 5Y*: 13.77%
• 10Y*: 3.91%

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

REMG vs. FCG - Yearly Performance Comparison

	2026 (YTD)	2025
REMG Russell Investments Emerging Markets Equity ETF	24.01%	24.03%
FCG First Trust Natural Gas ETF	17.54%	7.03%

Correlation

The correlation between REMG and FCG is -0.05, 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	-0.05
Correlation (All Time) Calculated using the full available price history since May 30, 2025	-0.07

REMG vs. FCG - Sectors Allocation Comparison

Sectors	REMG	FCG
Technology	44.1%	1.0%
Financial Services	18.3%	-
Consumer Cyclical	9.2%	-
Industrials	6.4%	-
Basic Materials	5.6%	-
Communication Services	5.4%	-
Energy	3.5%	99.0%
Consumer Defensive	2.4%	-
Healthcare	2.3%	-
Real Estate	1.5%	-
Utilities	1.1%	-

Return for Risk

REMG vs. FCG — Risk / Return Rank

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

REMG

REMG Risk / Return Rank: 73
REMG Sharpe Ratio Rank: 74
REMG Sortino Ratio Rank: 65
REMG Omega Ratio Rank: 74
REMG Calmar Ratio Rank: 74
REMG Martin Ratio Rank: 77

FCG

FCG Risk / Return Rank: 20
FCG Sharpe Ratio Rank: 19
FCG Sortino Ratio Rank: 19
FCG Omega Ratio Rank: 18
FCG Calmar Ratio Rank: 22
FCG Martin Ratio Rank: 23

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.

REMG vs. FCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Russell Investments Emerging Markets Equity ETF (REMG) and First Trust Natural Gas ETF (FCG). 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.

	REMG	FCG	Difference
Sharpe ratio: Return per unit of total volatility	2.12	0.63	+1.49
Sortino ratio: Return per unit of downside risk	2.72	0.99	+1.73
Omega ratio: Gain probability vs. loss probability	1.40	1.12	+0.28
Calmar ratio: Return relative to maximum drawdown	3.47	0.95	+2.52
Martin ratio: Return relative to average drawdown	13.33	2.77	+10.56

REMG vs. FCG - Sharpe Ratio Comparison

The current REMG Sharpe Ratio is 2.12, which is higher than the FCG Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of REMG and FCG, 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

REMG vs. FCG - Drawdown Comparison

The maximum REMG drawdown since its inception was -14.13%, smaller than the maximum FCG drawdown of -97.20%. Use the drawdown chart below to compare losses from any high point for REMG and FCG.

Drawdown Indicators

	REMG	FCG	Difference
Max Drawdown Largest peak-to-trough decline	-14.13%	-97.20%	+83.07%
Max Drawdown (1Y) Largest decline over 1 year	-14.13%	-17.90%	+3.77%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.33%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-85.04%	—
Current Drawdown Current decline from peak	-5.46%	-76.30%	+70.84%
Average Drawdown Average peak-to-trough decline	-2.05%	-65.39%	+63.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.67%	6.16%	-2.49%

Volatility

REMG vs. FCG - Volatility Comparison

Russell Investments Emerging Markets Equity ETF (REMG) has a higher volatility of 12.25% compared to First Trust Natural Gas ETF (FCG) at 9.31%. This indicates that REMG's price experiences larger fluctuations and is considered to be riskier than FCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REMG	FCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.25%	9.31%	+2.94%
Volatility (6M) Calculated over the trailing 6-month period	20.88%	20.32%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	23.12%	27.29%	-4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.66%	33.43%	-10.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.66%	38.29%	-15.63%

REMG vs. FCG - Expense Ratio Comparison

REMG has a 0.64% expense ratio, which is higher than FCG's 0.60% expense ratio.

Dividends

REMG vs. FCG - Dividend Comparison

REMG's dividend yield for the trailing twelve months is around 1.11%, less than FCG's 2.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCG First Trust Natural Gas ETF	2.33%	2.86%	2.76%	3.25%	3.04%	1.73%	3.82%	2.87%	1.46%	1.56%	1.70%	4.79%
REMG Russell Investments Emerging Markets Equity ETF	1.11%	1.37%	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 REMG and FCG in my portfolio?

REMG and FCG have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REMG or FCG?

REMG has higher volatility (12.25%) compared to FCG (9.31%). In terms of maximum drawdown, REMG dropped -14.13% vs FCG's -97.20%.

Which ETF is better, REMG or FCG?

On 1-year performance, REMG leads with 48.86% vs 16.99% for FCG. On fees, FCG is cheaper at 0.60% per year. On volatility, FCG has been the lower-risk option at 9.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REMG or FCG?

Over the 1-year period, REMG has performed better with a 48.86% return vs 16.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REMG or FCG?

FCG is cheaper with a 0.60% expense ratio, compared with 0.64% for REMG.

Which ETF pays a higher dividend yield, REMG or FCG?

FCG has the higher dividend yield at 2.33%, compared with 1.11% for REMG.

What is the main difference between REMG and FCG?

REMG is categorized as Emerging Markets Diversified, while FCG is Energy Equities. They also come from different issuers: Russell and First Trust. Their fees differ too: 0.64% for REMG and 0.60% for FCG.

Which has better risk-adjusted returns?

REMG currently has the higher Sharpe Ratio (2.12 vs 0.63), 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.