XLVI vs. FTGC
XLVI (State Street Health Care Select Sector SPDR Premium Income ETF) and FTGC (First Trust Global Tactical Commodity Strategy Fund) are both exchange-traded funds - XLVI is a Derivative Income fund actively managed by State Street, while FTGC is a Commodities fund actively managed by First Trust. Both are actively managed. At a correlation of -0.16, they often move in opposite directions. XLVI charges 0.35%/yr vs 0.95%/yr for FTGC.
Performance
XLVI vs. FTGC - Performance Comparison
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Returns By Period
In the year-to-date period, XLVI achieves a 6.29% return, which is significantly lower than FTGC's 25.30% return.
XLVI
- 1D
- 1.77%
- 1M
- 3.84%
- 6M
- 5.18%
- YTD
- 6.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTGC
- 1D
- -0.97%
- 1M
- 3.06%
- 6M
- 20.93%
- YTD
- 25.30%
- 1Y
- 34.47%
- 3Y*
- 15.47%
- 5Y*
- 12.66%
- 10Y*
- 7.52%
XLVI vs. FTGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLVI State Street Health Care Select Sector SPDR Premium Income ETF | 6.29% | 12.41% |
FTGC First Trust Global Tactical Commodity Strategy Fund | 25.30% | 6.03% |
Correlation
The correlation between XLVI and FTGC is -0.16, 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 (All Time) Calculated using the full available price history since Jul 30, 2025 | -0.16 |
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Return for Risk
XLVI vs. FTGC — Risk / Return Rank
XLVI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FTGC
XLVI vs. FTGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Health Care Select Sector SPDR Premium Income ETF (XLVI) 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.
| XLVI | FTGC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.81 | — |
| Martin ratioReturn relative to average drawdown | — | 9.29 | — |
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Drawdowns
XLVI vs. FTGC - Drawdown Comparison
The maximum XLVI drawdown since its inception was -8.14%, smaller than the maximum FTGC drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for XLVI and FTGC.
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Drawdown Indicators
| XLVI | FTGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.14% | -59.47% | +51.33% |
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 DrawdownCurrent decline from peak | 0.00% | -6.04% | +6.04% |
Average DrawdownAverage peak-to-trough decline | -1.83% | -27.25% | +25.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.72% | — |
Volatility
XLVI vs. FTGC - Volatility Comparison
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Volatility by Period
| XLVI | FTGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.50% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.39% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.06% | 15.79% | -4.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.06% | 15.87% | -4.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.06% | 14.72% | -3.66% |
XLVI vs. FTGC - Expense Ratio Comparison
XLVI has a 0.35% expense ratio, which is lower than FTGC's 0.95% expense ratio.
Dividends
XLVI vs. FTGC - Dividend Comparison
XLVI's dividend yield for the trailing twelve months is around 11.89%, less than FTGC's 15.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FTGC First Trust Global Tactical Commodity Strategy Fund | 15.46% | 17.74% | 3.05% | 3.34% | 10.35% | 7.21% | 0.00% | 0.81% | 0.80% | 1.21% |
XLVI State Street Health Care Select Sector SPDR Premium Income ETF | 11.89% | 5.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XLVI and FTGC have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLVI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLVI is cheaper with a 0.35% expense ratio, compared with 0.95% for FTGC.
FTGC has the higher dividend yield at 15.46%, compared with 11.89% for XLVI.
XLVI is categorized as Derivative Income, while FTGC is Commodities. They also come from different issuers: State Street and First Trust. Their fees differ too: 0.35% for XLVI and 0.95% for FTGC.
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