(FTGC) Global Tactical Commodity - Overview
Etf: Commodity Futures, Swaps, ETCs
Dividends
| Dividend Yield | 17.93% |
| Yield on Cost 5y | 14.63% |
| Yield CAGR 5y | 25.49% |
| Payout Consistency | 63.1% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 14.5% |
| Relative Tail Risk | 1.64% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.77 |
| Alpha | 8.21 |
| Character TTM | |
|---|---|
| Beta | 0.289 |
| Beta Downside | 0.430 |
| Drawdowns 3y | |
|---|---|
| Max DD | 10.38% |
| CAGR/Max DD | 0.85 |
Description: FTGC Global Tactical Commodity January 13, 2026
The First Trust Global Tactical Commodity Strategy Fund (FTGC) is an actively managed U.S. ETF that seeks attractive risk-adjusted returns by investing primarily in commodity futures, exchange-traded commodity-linked instruments, and total-return swaps via a Cayman-registered wholly-owned subsidiary. All exposure to the underlying commodity instruments is obtained through this subsidiary, which isolates the fund from direct futures-margin requirements and simplifies tax reporting.
As of the most recent filing (Q4 2024), FTGC reported an expense ratio of 0.65 % and managed roughly $380 million in assets, with a 12-month turnover of about 150 %, indicating a relatively high level of tactical repositioning. Its performance tends to correlate (~0.55) with the Bloomberg Commodity Index, but the fund’s active tilt often overweights energy (crude oil, natural gas) when global industrial production and U.S. inventory draws signal tightening, while underweighting agricultural commodities during periods of abundant harvests and low price volatility. Key macro drivers include real-interest-rate differentials, U.S. dollar strength, and geopolitical supply shocks, all of which can materially affect roll yields and term structure positioning.
For a deeper dive into FTGC’s risk profile, factor exposures, and scenario analysis, you might explore the fund’s analytics on ValueRay to see how its tactical allocations have behaved under recent macro-economic stress tests.
What is the price of FTGC shares?
Over the past week, the price has changed by -3.02%, over one month by +3.63%, over three months by +7.39% and over the past year by +15.50%.
Is FTGC a buy, sell or hold?
What are the forecasts/targets for the FTGC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 29.2 | 18.6% |
FTGC Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 2.01b USD (2.01b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 2.01b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 2.01b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.98% (E(2.01b)/V(2.01b) * Re(6.98%) + (debt-free company))
Discount Rate = 6.98% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)