NasdaqGM - Delayed Quote USD

First Trust SSI Strategic Convertible Securities ETF (FCVT)

37.92 +0.22 (+0.58%)
At close: November 21 at 4:00 PM EST

ETF Summary

Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S. and non-U.S. convertible securities. In general, convertible securities combine the investment characteristics of bonds and common stocks and typically consist of debt securities or preferred securities that may be converted or exchanged within a specified period of time into a certain amount of common stock or other equity security of the same or a different issuer.

Risk Overview

Performance & Risk

YTD Return 14.57%
5y Average Return 9.68%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.90
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
FCVTCategory AverageFCVTCategory AverageFCVTCategory Average
Alpha -5.91 -3.64 2.49 2.43 0 1.31
BETA 0.9 0.8 1.16 1 0 1.04
Mean Annual Return -0.26 -0.06 0.83 0.76 0 0.66
R-squared 77.98 78.23 74.29 75.32 0 75.54
Standard Deviation 12.88 11.44 16.64 14.23 0 11.92
Sharpe Ratio -0.56 -0.4 0.44 0.46 0 0.51
Treynor Ratio -8.79 -6.61 5.51 5.85 0 5.41

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