USDU vs. FTGC
USDU (WisdomTree Bloomberg U.S. Dollar Bullish Fund) and FTGC (First Trust Global Tactical Commodity Strategy Fund) are both exchange-traded funds - USDU is a Currency fund actively managed by WisdomTree, while FTGC is a Commodities fund actively managed by First Trust. Both are actively managed. Over the past 10 years, USDU returned 2.85%/yr vs 7.15%/yr for FTGC. At a correlation of -0.29, they often move in opposite directions. USDU charges 0.51%/yr vs 0.95%/yr for FTGC.
Performance
USDU vs. FTGC - Performance Comparison
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Returns By Period
In the year-to-date period, USDU achieves a 3.64% return, which is significantly lower than FTGC's 18.86% return. Over the past 10 years, USDU has underperformed FTGC with an annualized return of 2.85%, while FTGC has yielded a comparatively higher 7.15% annualized return.
USDU
- 1D
- 0.26%
- 1M
- 2.02%
- YTD
- 3.64%
- 6M
- 3.96%
- 1Y
- 6.23%
- 3Y*
- 5.32%
- 5Y*
- 5.59%
- 10Y*
- 2.85%
FTGC
- 1D
- -1.14%
- 1M
- -7.37%
- YTD
- 18.86%
- 6M
- 17.54%
- 1Y
- 28.18%
- 3Y*
- 14.26%
- 5Y*
- 12.29%
- 10Y*
- 7.15%
USDU vs. FTGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | 3.64% | -3.14% | 14.56% | 3.10% | 7.67% | 4.07% | -5.43% | 1.54% | 5.40% | -7.44% |
FTGC First Trust Global Tactical Commodity Strategy Fund | 18.86% | 14.61% | 9.96% | -5.36% | 17.36% | 27.95% | 2.17% | 6.40% | -12.75% | 2.73% |
Correlation
The correlation between USDU and FTGC is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.27 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2013 | -0.29 |
Over the past year, the inverse relationship between USDU and FTGC has weakened: their correlation has moved from -0.29 to -0.03, meaning they move in opposite directions less often than they have historically.
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Return for Risk
USDU vs. FTGC — Risk / Return Rank
USDU
FTGC
USDU vs. FTGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) 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.
| USDU | FTGC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.32 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | 2.60 | -0.89 |
| Martin ratioReturn relative to average drawdown | 4.76 | 9.67 | -4.91 |
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Drawdowns
USDU vs. FTGC - Drawdown Comparison
The maximum USDU drawdown since its inception was -14.54%, smaller than the maximum FTGC drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for USDU and FTGC.
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Drawdown Indicators
| USDU | FTGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.54% | -59.47% | +44.93% |
Max Drawdown (1Y)Largest decline over 1 year | -3.64% | -10.87% | +7.23% |
Max Drawdown (3Y)Largest decline over 3 years | -7.73% | -10.87% | +3.14% |
Max Drawdown (5Y)Largest decline over 5 years | -9.28% | -22.64% | +13.36% |
Max Drawdown (10Y)Largest decline over 10 years | -14.54% | -35.91% | +21.37% |
Current DrawdownCurrent decline from peak | -0.58% | -10.87% | +10.29% |
Average DrawdownAverage peak-to-trough decline | -4.71% | -27.34% | +22.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 2.94% | -1.62% |
Volatility
USDU vs. FTGC - Volatility Comparison
The current volatility for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is 1.41%, while First Trust Global Tactical Commodity Strategy Fund (FTGC) has a volatility of 3.07%. This indicates that USDU 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.
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Volatility by Period
| USDU | FTGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 3.07% | -1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 4.36% | 13.21% | -8.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.67% | 15.70% | -10.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.61% | 15.87% | -9.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.43% | 14.71% | -7.28% |
USDU vs. FTGC - Expense Ratio Comparison
USDU has a 0.51% expense ratio, which is lower than FTGC's 0.95% expense ratio.
Dividends
USDU vs. FTGC - Dividend Comparison
USDU's dividend yield for the trailing twelve months is around 3.70%, less than FTGC's 16.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 16.13% | 17.74% | 3.05% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% | 0.00% | 0.00% |
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | 3.70% | 3.83% | 3.97% | 6.99% | 7.83% | 0.00% | 0.69% | 3.06% | 0.88% | 0.00% | 0.00% | 6.48% |
Frequently Asked Questions
USDU and FTGC have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTGC has higher volatility (3.07%) compared to USDU (1.41%). In terms of maximum drawdown, USDU dropped -14.54% vs FTGC's -59.47%.
On 10-year performance, FTGC leads with 7.15% vs 2.85% for USDU. On fees, USDU is cheaper at 0.51% per year. On volatility, USDU has been the lower-risk option at 1.41%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, FTGC has performed better with a 7.15% return vs 2.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USDU is cheaper with a 0.51% expense ratio, compared with 0.95% for FTGC.
FTGC has the higher dividend yield at 16.13%, compared with 3.70% for USDU.
USDU is categorized as Currency, while FTGC is Commodities. They also come from different issuers: WisdomTree and First Trust. Their fees differ too: 0.51% for USDU and 0.95% for FTGC.
FTGC currently has the higher Sharpe Ratio (1.82 vs 1.10), 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.
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