SIO vs. FTGC
SIO (Touchstone Strategic Income Opportunities ETF) and FTGC (First Trust Global Tactical Commodity Strategy Fund) are both exchange-traded funds - SIO is a Multisector Bonds fund actively managed by Touchstone, while FTGC is a Commodities fund actively managed by First Trust. Both are actively managed. Over the past 3 years, SIO returned 7.31%/yr vs 13.63%/yr for FTGC. At a 0.02 correlation, their price movements are largely independent. SIO charges 0.65%/yr vs 0.95%/yr for FTGC.
Performance
SIO vs. FTGC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SIO achieves a 0.99% return, which is significantly lower than FTGC's 16.89% return.
SIO
- 1D
- 0.00%
- 1M
- 0.58%
- YTD
- 0.99%
- 6M
- 1.21%
- 1Y
- 5.37%
- 3Y*
- 7.31%
- 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%
SIO vs. FTGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SIO Touchstone Strategic Income Opportunities ETF | 0.99% | 9.29% | 6.15% | 8.48% | 0.70% |
FTGC First Trust Global Tactical Commodity Strategy Fund | 16.89% | 14.61% | 9.96% | -5.36% | 5.11% |
Correlation
The correlation between SIO and FTGC is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2022 | 0.02 |
The correlation between SIO and FTGC shifts across timeframes, from -0.12 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SIO vs. FTGC — Risk / Return Rank
SIO
FTGC
SIO vs. FTGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Strategic Income Opportunities ETF (SIO) 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.
| SIO | FTGC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.33 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 2.31 | -0.25 |
| Martin ratioReturn relative to average drawdown | 6.09 | 9.40 | -3.30 |
Loading charts...
Drawdowns
SIO vs. FTGC - Drawdown Comparison
The maximum SIO drawdown since its inception was -6.94%, smaller than the maximum FTGC drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for SIO and FTGC.
Loading charts...
Drawdown Indicators
| SIO | FTGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.94% | -59.47% | +52.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.62% | -12.34% | +9.72% |
Max Drawdown (3Y)Largest decline over 3 years | -4.34% | -12.34% | +8.00% |
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 | -0.94% | -12.34% | +11.40% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -27.33% | +26.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 3.02% | -2.14% |
Volatility
SIO vs. FTGC - Volatility Comparison
The current volatility for Touchstone Strategic Income Opportunities ETF (SIO) is 0.96%, while First Trust Global Tactical Commodity Strategy Fund (FTGC) has a volatility of 3.33%. This indicates that SIO experiences smaller price fluctuations and is considered to be less risky than FTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SIO | FTGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 3.33% | -2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 2.99% | 13.32% | -10.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.38% | 15.64% | -11.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.98% | 15.89% | -10.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.98% | 14.72% | -9.74% |
SIO vs. FTGC - Expense Ratio Comparison
SIO has a 0.65% expense ratio, which is lower than FTGC's 0.95% expense ratio.
Dividends
SIO vs. FTGC - Dividend Comparison
SIO's dividend yield for the trailing twelve months is around 6.92%, 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% |
SIO Touchstone Strategic Income Opportunities ETF | 6.92% | 6.80% | 5.30% | 5.37% | 3.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SIO and FTGC have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTGC has higher volatility (3.33%) compared to SIO (0.96%). In terms of maximum drawdown, SIO dropped -6.94% vs FTGC's -59.47%.
On 3-year performance, FTGC leads with 13.63% vs 7.31% for SIO. On fees, SIO is cheaper at 0.65% per year. On volatility, SIO has been the lower-risk option at 0.96%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, FTGC has performed better with a 13.63% return vs 7.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SIO is cheaper with a 0.65% expense ratio, compared with 0.95% for FTGC.
FTGC has the higher dividend yield at 16.40%, compared with 6.92% for SIO.
SIO is categorized as Multisector Bonds, while FTGC is Commodities. They also come from different issuers: Touchstone and First Trust. Their fees differ too: 0.65% for SIO and 0.95% for FTGC.
FTGC currently has the higher Sharpe Ratio (1.83 vs 1.24), 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.
Find the right allocation for SIO and FTGC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer