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
| Issuer | First Trust |
|---|---|
| Inception Date | Feb 26, 2024 |
| Category | Intermediate Core-Plus Bond |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
CAAA features an expense ratio of 0.55%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in First Trust Commercial Mortgage Opportunities ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 13.39% |
| 1 month | 1.59% | 4.02% |
| 6 months | 4.29% | 5.56% |
| 1 year | N/A | 21.51% |
| 5 years (annualized) | N/A | 12.69% |
| 10 years (annualized) | N/A | 10.55% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.16% | 0.87% | -1.58% | 1.21% | 1.07% | 1.27% | 1.55% | 5.39% |
Risk-Adjusted Performance
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.
Not enough dataDividends
Dividend History
First Trust Commercial Mortgage Opportunities ETF granted a 1.98% dividend yield in the last twelve months. The annual payout for that period amounted to $0.41 per share.
| Period | TTM |
|---|---|
| Dividend | $0.41 |
Dividend yield | 1.98% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.00 | $0.41 |
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.
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 1.63%, occurring on Apr 30, 2024. Recovery took 23 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -1.63% | Mar 28, 2024 | 23 | Apr 30, 2024 | 23 | Jun 3, 2024 | 46 |
| -0.9% | Aug 6, 2024 | 3 | Aug 8, 2024 | 9 | Aug 21, 2024 | 12 |
| -0.79% | Mar 11, 2024 | 6 | Mar 18, 2024 | 7 | Mar 27, 2024 | 13 |
| -0.72% | Jun 20, 2024 | 8 | Jul 1, 2024 | 3 | Jul 5, 2024 | 11 |
| -0.62% | Jun 7, 2024 | 2 | Jun 10, 2024 | 3 | Jun 13, 2024 | 5 |
Volatility
Volatility Chart
The current First Trust Commercial Mortgage Opportunities ETF volatility is 0.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.