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FTGC

First Trust Global Tactical Commodity Strategy Fund
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-10
Executive Summary
The quantitative backtest for FTGC (First Trust Global Tactical Commodity Strategy Fund) using the Excess Return SMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -21.9% (compared to the benchmark's drawdown of -35.9%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 10.9%, compared to a Buy-and-Hold benchmark return of 8.2%. The strategy executed 4 total trades.

* Excess Return SMA: Advanced Single Moving Average model utilizing custom duration weighting and dynamic Stop Loss limits.

🛡️ FTGC Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-21.9% (vs -35.9% B&H)
+14.1% shallower drawdown
Downside Efficiency
0.86 Sortino
+0.17 vs 0.69 B&H
Capital Sheltered from Risk
32.0% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.

📊 FTGC Quality Metrics & KPI Summary

Metric 1Y5Y10YFull
StrategyB&HStrategyB&HStrategyB&HStrategyB&H
Max Drawdown-12.34%-12.34%-21.85%-22.64%-21.85%-35.91%-21.85%-35.91%
Sharpe Ratio2.362.361.030.900.870.590.820.54
Sortino Ratio3.403.401.241.140.940.740.860.69
CAGR46.19%46.19%16.57%15.10%12.04%9.09%10.88%8.25%
% Time Invested100.0%100.0%89.2%100.0%72.6%100.0%68.0%100.0%
Trades / Year0.00.00.20.00.30.00.40.0

Cumulative Growth Performance

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Figure 1: Cumulative Trajectory Analysis. Logarithmic growth comparison of FTGC under the Excess Return SMA strategy (Investing) versus Buy & Hold. The strategy produced a 10.9% CAGR with a -21.9% Max Drawdown across 4 trade signals (compared to Buy & Hold's 8.2% CAGR and -35.9% Max Drawdown).

Return Distribution Analysis

Histogram of monthly return distribution for FTGC under Excess Return SMA strategy in Investing context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for FTGC under Excess Return SMA (Investing). Visualizes return frequency, volatility clustering, and tail-risk truncation relative to standard buy-and-hold returns.
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Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.

Diversifier Asset Category 1Y Correlation (r) Action
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Trade History

This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.

Entry DateExit DateTypeAllocationEntry PriceExit PriceNet Return %Exit Reason
🔒 Active Positions & Recent Execution Signals Hidden
Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription.
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2023-08-07 2024-01-29 Interest (CASH) 100% $1.00 $1.03 2.59% Interest Income
2022-07-26 2023-08-07 Completed 100% $18.72 $19.10 1.98% Signal
2022-07-01 2022-07-26 Interest (CASH) 100% $1.00 $1.00 0.14% Interest Income
2020-06-23 2022-07-01 Completed 100% $10.29 $18.91 83.64% Stop
2018-11-27 2020-06-23 Interest (CASH) 100% $1.00 $1.03 2.63% Interest Income
2017-07-05 2018-11-27 Completed 100% $12.51 $11.95 -4.47% Stop
2016-11-15 2017-07-05 Interest (CASH) 100% $1.00 $1.00 0.44% Interest Income
2016-08-09 2016-11-15 Completed 100% $13.52 $12.81 -5.29% Stop
2015-11-18 2016-08-09 Interest (CASH) 100% $1.00 $1.00 0.19% Interest Income

Next Steps: Portfolio Integration & Comparative Analysis

Single-ticker trend following is designed to truncate tail risk inside a broader portfolio. View where FTGC ranks across 40+ tracked assets, evaluate correlation against non-correlated diversifiers, or model it inside a custom all-weather asset mix.

📊 View Full 40-Asset Backtest Matrix → 🛠️ Build Custom Portfolio with FTGC → ⚖️ Compare FTGC vs Non-Correlated Assets →