First Trust Smith Opportunistic Fixed Income ETF (FIXD)
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Learn moreETF Summary
The fund pursues its objective by investing at least 80% of its net assets (including investment borrowings) in fixed income securities. It may invest up to 35% of its net assets in corporate, non-U.S. and non-agency debt and other securities rated below investment grade by one or more nationally recognized statistical rating organization ("NRSRO"), or, if unrated, judged to be of comparable quality by the Sub-Advisor.
Risk Overview
Risk Overview Information Not Available
Performance & Risk
| YTD Return | -1.75% |
| 5y Average Return | -0.85% |
|---|---|
| Rank in Category (ytd) | -- |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 1.14 |
| Morningstar Risk Rating | -- |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| |
FIXD | Category Average | FIXD | Category Average | FIXD | Category Average |
|
Alpha
|
0.07 | 0.68 | 0.01 | 0.3 | 0 | 0.54 |
|
BETA
|
1.14 | 0.96 | 1.12 | 0.96 | 0 | 0.97 |
|
Mean Annual Return
|
0.35 | 0.36 | -0.08 | 0.07 | 0 | 0.2 |
|
R-squared
|
99.48 | 96.16 | 99.24 | 95.06 | 0 | 85.46 |
|
Standard Deviation
|
6.39 | -- | 7.29 | -- | 0 | -- |
|
Sharpe Ratio
|
-0.06 | -0.08 | -0.68 | -0.45 | 0 | -0.01 |
|
Treynor Ratio
|
-0.52 | -0.51 | -4.64 | -3.07 | 0 | -0.06 |
