First Trust Natural Gas ETF (FCG) is a energy sector ETF. As of October 9, 2026, ETF Copilot scores FCG 3.6 out of 10 — highest on Quality (8.2), lowest on Growth (1.6). It trades at 10.8 times earnings, against its own median of 9.4. Its ten largest holdings are 42% of the fund.
What stands out in FCG's data
U.S. natural gas producers, weighted by cash flow.
Earns more on its operations than nearly any energy peer — a wider margin that can buffer price swings.
EBITDA margin of 54.9% sits well ahead of the category median of 34.3%, and above its own 49.8% historical median. Expense ratio 0.59%.
A focused bet on natural gas producers, built for portfolios that want direct energy exposure.
Why did FCG move this week? It rose 2.6% in the week to October 9, 2026 — ConocoPhillips and Range Resources drove it
FCG rose 2.6% in the week to October 9, 2026. The holdings that moved it most were ConocoPhillips (+5.8%), Range Resources (+7.0%) and EOG Resources (+4.8%); Hess Midstream (−14.5%) pushed the other way.
How is FCG rated? ETF Copilot scores First Trust Natural Gas ETF (FCG) 3.6 out of 10
As of October 9, 2026, ETF Copilot scores First Trust Natural Gas ETF (FCG) 3.6 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.6 / 10
- Growth: 1.6 / 10
- Value: 3.7 / 10
- Risk: 1.6 / 10
- Quality: 8.2 / 10
- Return: 3.7 / 10
Is FCG expensive right now? It trades at 10.8 times earnings, against its own median of 9.4
As of October 9, 2026, FCG is more expensive than 71% of its own last 7 years.
Trailing 12 months, built from FCG's holdings. How we calculate this →
What's inside FCG?
What's inside FCG: Size (Large 29%, Mid 42%, Small 29%); Geography (International 8%, US 92%).
What are FCG's top holdings? The ten largest are 42% of the fund
ConocoPhillips, EOG Resources, Devon Energy, Western Midstream Partners, Occidental Petroleum, Diamondback Energy, EQT, Hess Midstream, APA and Permian Resources are FCG's largest holdings, in that order.
Less concentrated than 79% of Energy ETFs.
Half of FCG's weight sits in its 13 largest positions, and once those weights are taken into account it behaves like 31 equally weighted holdings.
What is FCG's expense ratio? 0.59% a year
As of October 9, 2026, FCG charges 0.59% a year, yields 2.15% and holds $652M in assets across 42 positions.
| Measure | FCG |
|---|---|
| Expense ratio | 0.59% |
| Dividend yield | 2.15% |
| Assets under management | $652M |
| Holdings | 42 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “First Trust Natural Gas ETF (FCG) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/fcg
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