SECU vs. FTGC

Last updated Jun 25, 2026

SECU (iShares Securitized Income Active ETF) and FTGC (First Trust Global Tactical Commodity Strategy Fund) are both exchange-traded funds - SECU is a Mortgage Backed Securities fund actively managed by iShares, while FTGC is a Commodities fund actively managed by First Trust. Both are actively managed. At a correlation of -0.08, they often move in opposite directions. SECU charges 0.40%/yr vs 0.95%/yr for FTGC.

Performance

SECU vs. FTGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Securitized Income Active ETF (SECU) and First Trust Global Tactical Commodity Strategy Fund (FTGC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SECU

• 1D: 0.22%
• 1M: 0.83%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTGC

• 1D: -1.65%
• 1M: -8.90%
• YTD: 16.89%
• 6M: 15.85%
• 1Y: 28.35%
• 3Y*: 13.63%
• 5Y*: 11.70%
• 10Y*: 6.98%

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

SECU vs. FTGC - Yearly Performance Comparison

	2026 (YTD)
SECU iShares Securitized Income Active ETF	1.73%
FTGC First Trust Global Tactical Commodity Strategy Fund	8.36%

Correlation

The correlation between SECU and FTGC is -0.08, 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 (All Time) Calculated using the full available price history since Jan 26, 2026	-0.08

Return for Risk

SECU vs. FTGC — Risk / Return Rank

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

SECU

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

FTGC

FTGC Risk / Return Rank: 58
FTGC Sharpe Ratio Rank: 62
FTGC Sortino Ratio Rank: 58
FTGC Omega Ratio Rank: 59
FTGC Calmar Ratio Rank: 52
FTGC Martin Ratio Rank: 59

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.

SECU vs. FTGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Securitized Income Active ETF (SECU) 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.

	SECU	FTGC	Difference
Sharpe ratio: Return per unit of total volatility	—	1.83	—
Sortino ratio: Return per unit of downside risk	—	2.48	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.31	—
Martin ratio: Return relative to average drawdown	—	9.40	—

Drawdowns

SECU vs. FTGC - Drawdown Comparison

The maximum SECU drawdown since its inception was -1.76%, smaller than the maximum FTGC drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for SECU and FTGC.

Drawdown Indicators

	SECU	FTGC	Difference
Max Drawdown Largest peak-to-trough decline	-1.76%	-59.47%	+57.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.34%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.34%	—
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	-0.18%	-12.34%	+12.16%
Average Drawdown Average peak-to-trough decline	-0.51%	-27.33%	+26.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.02%	—

Volatility

Volatility by Period

	SECU	FTGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.30%	15.64%	-12.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.30%	15.89%	-12.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.30%	14.72%	-11.42%

SECU vs. FTGC - Expense Ratio Comparison

SECU has a 0.40% expense ratio, which is lower than FTGC's 0.95% expense ratio.

Dividends

SECU vs. FTGC - Dividend Comparison

SECU's dividend yield for the trailing twelve months is around 2.09%, less than FTGC's 16.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTGC First Trust Global Tactical Commodity Strategy Fund	16.40%	17.74%	3.05%	3.34%	10.35%	7.21%	0.00%	0.81%	0.80%	1.21%
SECU iShares Securitized Income Active ETF	2.09%	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 SECU and FTGC in my portfolio?

SECU and FTGC have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SECU or FTGC?

On fees, SECU is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SECU or FTGC?

SECU is cheaper with a 0.40% expense ratio, compared with 0.95% for FTGC.

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

FTGC has the higher dividend yield at 16.40%, compared with 2.09% for SECU.

What is the main difference between SECU and FTGC?

SECU is categorized as Mortgage Backed Securities, while FTGC is Commodities. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.40% for SECU and 0.95% for FTGC.