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Wednesday, October 7, 2026The Morning Brief →Sign in
FTGCFirst TrustACTIVE

FIRST TRUST EXCHANGE-TRADED FUND VII

$30.87-0.49% vs prior close
233252-WK

Price through Oct 7, 2026 · Flows through unavailable. Figures use the latest available records, not a live quote. Fund details retrieved Oct 7, 2026. Holdings snapshot retrieved Oct 7, 2026.

The First Trust Global Tactical Commodity Strategy Fund is an actively managed exchange-traded fund that seeks total return and a relatively stable risk profile while providing investors with commodity exposure.

Price & daily flows
30.629.227.830.87DAILY NET FLOWApr 6Jun 4Aug 5Oct 7

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN

The desk’s read

Recent fund-flow records are unavailable, while the price has returned +32.9% so far this year. At 0.95% a year it is not the cheapest way in — AGG has a reported fee of 0.03%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$2.2Bassets under management
0.95%expense ratio · $95 per $10,000 a year
—net flow, trailing month
556Kavg daily volume, 30 days
33holdings · US-domiciled
2023listed October 10, 2023 · beta -0.04
Sector weights
Cash & Others100%
Other100%
Government55.93%
Mutual fund32.56%
Agency11.51%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+0.4%
1 month-0.3%
3 months+11.2%
6 months+6.9%
YTD+32.9%
1 year+18.3%
3 years—

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week—
1 month—
3 months—
YTD—
1 year—

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
11%realized volatility, 30 days (annualized)
23%realized volatility, 1 year
-17.1%deepest fall from a peak, 1 year
-2.3%latest close versus that peak

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
—calls · latest snapshot
—puts · latest snapshot
—put/call ratio
340Kshares traded
The case against FTGC

Due diligence cuts both ways. These funds sit on the same shelf and beat FTGC on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
SPDW State Street SPDR Portfolio Developed World ex-US ETF0.03%$41B+$286M-92bp on fee · 19× the assets · +$286M in over the monthHead-to-head
STIP iShares 0-5 Year TIPS Bond ETF0.03%$16.4B+$489M-92bp on fee · 8× the assets · +$489M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$123.5B+$2.3B-90bp on fee · 57× the assets · +$2.3B in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.4B+$497M-91bp on fee · 15× the assets · +$497M in over the monthHead-to-head
SPTS State Street SPDR Portfolio Short Term Treasury ETF0.03%$7.1B+$1.4B-92bp on fee · 3× the assets · +$1.4B in over the monthHead-to-head
Sign in to save this to The RecordA timestamped copy for the file — documentation, not advice.
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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