First

The chart shows the growth of an initial investment of $10,000 in First, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.

Based on dividend-adjusted daily data since Feb 1, 2022, First's average daily return is +0.07%, while the average monthly return is +1.51%. At this rate, an investment would double in approximately 3.9 years.

Historically, 68% of months were positive and 32% were negative. The best month was Aug 2023 with a return of +18.4%, while the worst month was May 2022 at -8.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, First closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +5.2%, while the worst single day was Jul 18, 2022 at -6.8%.

First has an annualized alpha of 10.57%, beta of 0.65, and R2 of 0.32 versus S&P 500 Index. Calculated based on daily prices since February 01, 2022.

• This portfolio captured 45.78% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -9.10%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.65 may look defensive, but with R2 of 0.32 this portfolio is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
• R2 of 0.32 means the benchmark explains less than half of this portfolio's behavior - treat beta with caution or consider switching to a more representative benchmark.

First has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

First ranks 49 for risk / return — on par with similar Portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below presents risk-adjusted performance metrics for First and compares them with S&P 500 Index.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

First Sharpe ratios as of Jun 6, 2026 (values are recalculated daily):

• 1-Year: 1.70
• All Time: 0.90

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 1.64 to 2.53, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of First compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

First provided a 2.08% dividend yield over the last twelve months.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the First. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First was 32.21%, occurring on Sep 26, 2022. Recovery took 238 trading sessions.

The current First drawdown is 3.31%.

The chart below shows the rolling one-month volatility.