First Trust Commercial Mortgage Opportunities ETF (CAAA)
CAAA is an actively managed ETF by First Trust. CAAA launched on Feb 26, 2024 and has a 0.55% expense ratio.
ETF Info
Feb 26, 2024
1x
No Index (Active)
Expense Ratio
CAAA has an expense ratio of 0.55%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
First Trust Commercial Mortgage Opportunities ETF (CAAA) returned 3.12% year-to-date (YTD) and 7.61% over the past 12 months.
CAAA
3.12%
-0.14%
3.04%
7.61%
N/A
N/A
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of CAAA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.77% | 1.24% | 0.47% | 0.72% | -0.11% | 3.12% | |||||||
| 2024 | 0.16% | 0.87% | -1.58% | 1.21% | 1.07% | 1.27% | 1.55% | 1.22% | -1.77% | 0.88% | -0.25% | 4.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, CAAA is among the top 6% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Commercial Mortgage Opportunities ETF (CAAA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
First Trust Commercial Mortgage Opportunities ETF provided a 5.93% dividend yield over the last twelve months, with an annual payout of $1.20 per share.
| Period | TTM | 2024 |
|---|---|---|
| Dividend | $1.20 | $0.81 |
Dividend yield | 5.93% | 4.02% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Commercial Mortgage Opportunities ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.55 | |||||||
| 2024 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.10 | $0.10 | $0.10 | $0.11 | $0.81 |
Drawdowns
Drawdowns Chart
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.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Commercial Mortgage Opportunities ETF. 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 Trust Commercial Mortgage Opportunities ETF was 2.24%, occurring on Nov 13, 2024. Recovery took 66 trading sessions.
The current First Trust Commercial Mortgage Opportunities ETF drawdown is 0.27%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.24% | Sep 18, 2024 | 41 | Nov 13, 2024 | 66 | Feb 21, 2025 | 107 |
| -1.63% | Mar 28, 2024 | 23 | Apr 30, 2024 | 23 | Jun 3, 2024 | 46 |
| -1.48% | Apr 7, 2025 | 5 | Apr 11, 2025 | 10 | Apr 28, 2025 | 15 |
| -0.97% | May 2, 2025 | 9 | May 14, 2025 | — | — | — |
| -0.9% | Aug 6, 2024 | 3 | Aug 8, 2024 | 9 | Aug 21, 2024 | 12 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...