ATLASFirst Trust Natural Gas ETF (FCG): outlook, holdings and fees
First Trust Natural Gas ETF (FCG) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.63% and the yield is 2.25%. The ten largest holdings are 43% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FCG
| Last price | $31.76 (-2.8%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $30.41 – $33.34 |
| Normal 1-day range (±1σ) | ±1.6% |
| Distribution yield | 2.25% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FCG fund facts
| Issuer | First Trust |
|---|---|
| Theme | Natural gas |
| Assets under management | $659M |
| Expense ratio | 0.63% |
| Number of holdings | 41 |
| Portfolio turnover | 28% |
| Inception | May 8, 2007 |
| Exchange | NYSE |
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks, depositary receipts and MLP units and other securities that comprise the index. The index is designed to track the performance of mid and large capitalization companies that derive a substantial portion of their revenues from midstream activities and/or the exploration and production of natural gas.
FCG top holdings
| Holding | Sector | Weight |
|---|---|---|
| ConocoPhillips COP | Energy | 4.81% |
| EOG Resources Inc EOG | Energy | 4.91% |
| Devon Energy Corporation DVN | Energy | 4.42% |
| Western Midstream Partners LP WES | Energy | 4.45% |
| Occidental Petroleum Corporation OXY | Energy | 4.53% |
| Diamondback Energy Inc FANG | Energy | 4.07% |
| EQT Corporation EQT | Energy | 4.20% |
| APA Corporation APA | Energy | 3.69% |
| Permian Resources Corporation YZ8 | Energy | 3.98% |
| Hess Midstream Partners LP HESM | Energy | 3.70% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FCG sector breakdown
| Sector | Weight |
|---|---|
| Energy | 98.9% |
| Technology | 1.1% |
By region: North America 97.2%, Australasia 2.7%, Latin America 0.1%.
FCG returns and risk
| Year to date | +30.5% |
|---|---|
| 1 year | +39.2% |
| 3 years (annualised) | +7.9% |
| 5 years (annualised) | +14.0% |
| 10 years (annualised) | +4.0% |
| Volatility (3 years) | 22.4% |
| Sharpe ratio (3 years) | 0.17 |
Past returns do not guarantee future results.
FCG: frequently asked questions
What does FCG invest in?
First Trust Natural Gas ETF invests in a portfolio of securities. Its largest holdings are ConocoPhillips (4.8%), EOG Resources Inc (4.9%), Devon Energy Corporation (4.4%), Western Midstream Partners LP (4.5%), Occidental Petroleum Corporation (4.5%).
What is the FCG expense ratio?
0.63% a year: about $63.00 for every $10,000 invested.
What is the FCG dividend yield?
2.25%. ATLAS does not hold the exact distribution dates for ETFs.
Will FCG go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 52%, with a likely range (50%) of $30.41 to $33.34 from $31.76 today. It is a probability, not a prediction.
How has FCG performed?
Year to date +30.5%, one year +39.2%, three years +7.9% a year, five years +14.0% a year. Past returns do not guarantee future results.
Educational information, not investment advice. Disclaimer