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

FIRST TRUST EXCHANGE-TRADED FUND VII

$30.65-0.37% vs prior close
233252-WK

Price through Oct 2, 2026 · Flows through unavailable. Figures use the latest available records, not a live quote. Fund details retrieved Oct 4, 2026. Holdings snapshot retrieved Oct 4, 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
29.727.224.630.65DAILY NET FLOWOct 6Feb 3Jun 2Oct 2

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Recent fund-flow records are unavailable, while the price has returned +31.9% so far this year. At 0.95% a year it is not the cheapest way in — SCHF has a reported fee of 0.06%.

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
560Kavg daily volume, 30 days
33holdings · US-domiciled
2023listed October 10, 2023 · beta -0.04
Sector weights
Other100%
Cash & Others100%
Government55.93%
Mutual fund32.56%
Agency11.51%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+0.2%
1 month-1.1%
3 months+10.3%
6 months+6.1%
YTD+31.9%
1 year+17.6%
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
-3.0%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
642Kshares 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
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
IEFA iShares Core MSCI EAFE ETF0.07%$190.8B+$1.7B-88bp on fee · 88× the assets · +$1.7B in over the monthHead-to-head
IAGG iShares Core International Aggregate Bond ETF0.07%$12.5B+$415M-88bp on fee · 6× the assets · +$415M in over the monthHead-to-head
SCHF Schwab International Equity ETF0.06%$41.6B—-89bp on fee · 19× the assetsHead-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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