WASH vs. FTGC

Last updated Jun 4, 2026

WASH (Washington Trust Bancorp, Inc.) is a stock, while FTGC (First Trust Global Tactical Commodity Strategy Fund) is Commodities fund actively managed by First Trust. Over the past 10 years, WASH returned 3.07%/yr vs 7.77%/yr for FTGC. At a 0.09 correlation, their price movements are largely independent.

Performance

WASH vs. FTGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Washington Trust Bancorp, Inc. (WASH) and First Trust Global Tactical Commodity Strategy Fund (FTGC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WASH achieves a 10.72% return, which is significantly lower than FTGC's 27.15% return. Over the past 10 years, WASH has underperformed FTGC with an annualized return of 3.07%, while FTGC has yielded a comparatively higher 7.77% annualized return.

WASH

• 1D: -3.75%
• 1M: 1.06%
• YTD: 10.72%
• 6M: 10.57%
• 1Y: 21.52%
• 3Y*: 13.08%
• 5Y*: -4.73%
• 10Y*: 3.07%

FTGC

• 1D: -0.44%
• 1M: -2.63%
• YTD: 27.15%
• 6M: 26.06%
• 1Y: 41.32%
• 3Y*: 18.13%
• 5Y*: 13.08%
• 10Y*: 7.77%

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

WASH vs. FTGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WASH Washington Trust Bancorp, Inc.	10.72%	1.69%	2.68%	-26.09%	-12.49%	30.86%	-11.78%	17.70%	-7.75%	-2.21%
FTGC First Trust Global Tactical Commodity Strategy Fund	27.15%	14.61%	9.96%	-5.36%	17.36%	27.95%	2.17%	6.40%	-12.75%	2.73%

Correlation

The correlation between WASH 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 (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013	0.09

The correlation between WASH and FTGC shifts across timeframes, from -0.08 (1 year) to 0.10 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

WASH vs. FTGC — Risk / Return Rank

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

WASH

WASH Risk / Return Rank: 61
WASH Sharpe Ratio Rank: 62
WASH Sortino Ratio Rank: 55
WASH Omega Ratio Rank: 59
WASH Calmar Ratio Rank: 65
WASH Martin Ratio Rank: 66

FTGC

FTGC Risk / Return Rank: 81
FTGC Sharpe Ratio Rank: 81
FTGC Sortino Ratio Rank: 75
FTGC Omega Ratio Rank: 77
FTGC Calmar Ratio Rank: 88
FTGC Martin Ratio Rank: 84

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.

WASH vs. FTGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Washington Trust Bancorp, Inc. (WASH) 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.

	WASH	FTGC	Difference
Sharpe ratio: Return per unit of total volatility	0.64	2.66	-2.03
Sortino ratio: Return per unit of downside risk	1.04	3.43	-2.39
Omega ratio: Gain probability vs. loss probability	1.16	1.47	-0.30
Calmar ratio: Return relative to maximum drawdown	1.22	5.25	-4.03
Martin ratio: Return relative to average drawdown	2.99	17.39	-14.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WASH vs. FTGC - Sharpe Ratio Comparison

The current WASH Sharpe Ratio is 0.64, which is lower than the FTGC Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of WASH and FTGC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WASH	FTGC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	2.66	-2.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	0.82	-0.96
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	0.53	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.24	0.00

Drawdowns

WASH vs. FTGC - Drawdown Comparison

The maximum WASH drawdown since its inception was -60.33%, roughly equal to the maximum FTGC drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for WASH and FTGC.

Drawdown Indicators

	WASH	FTGC	Difference
Max Drawdown Largest peak-to-trough decline	-60.33%	-59.47%	-0.86%
Max Drawdown (1Y) Largest decline over 1 year	-17.65%	-7.91%	-9.74%
Max Drawdown (3Y) Largest decline over 3 years	-32.25%	-10.39%	-21.86%
Max Drawdown (5Y) Largest decline over 5 years	-60.33%	-22.64%	-37.69%
Max Drawdown (10Y) Largest decline over 10 years	-60.33%	-35.91%	-24.42%
Current Drawdown Current decline from peak	-30.34%	-4.65%	-25.69%
Average Drawdown Average peak-to-trough decline	-17.44%	-27.42%	+9.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.21%	2.38%	+4.83%

Volatility

WASH vs. FTGC - Volatility Comparison

Washington Trust Bancorp, Inc. (WASH) has a higher volatility of 6.70% compared to First Trust Global Tactical Commodity Strategy Fund (FTGC) at 4.50%. This indicates that WASH'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.

Volatility by Period

	WASH	FTGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	4.50%	+2.20%
Volatility (6M) Calculated over the trailing 6-month period	28.59%	13.15%	+15.44%
Volatility (1Y) Calculated over the trailing 1-year period	34.04%	15.59%	+18.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.11%	16.00%	+18.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.87%	14.71%	+19.16%

Dividends

WASH vs. FTGC - Dividend Comparison

WASH's dividend yield for the trailing twelve months is around 7.10%, less than FTGC's 15.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTGC First Trust Global Tactical Commodity Strategy Fund	15.08%	17.74%	3.05%	3.34%	10.35%	7.21%	0.00%	0.81%	0.80%	1.21%	0.00%	0.00%
WASH Washington Trust Bancorp, Inc.	7.10%	7.58%	5.36%	6.92%	4.62%	3.73%	4.58%	3.72%	3.70%	2.89%	2.60%	3.44%

Frequently Asked Questions

Can I hold both WASH and FTGC in my portfolio?

WASH 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 is riskier, WASH or FTGC?

WASH has higher volatility (6.70%) compared to FTGC (4.50%). In terms of maximum drawdown, WASH dropped -60.33% vs FTGC's -59.47%.

Which has better risk-adjusted returns?

FTGC currently has the higher Sharpe Ratio (2.66 vs 0.64), 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.