PortfoliosLab logoPortfoliosLab logo
ISIN
US33733E2037
CUSIP
33733E203
Inception Date
Jun 23, 2006
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
NYSE Arca Biotechnology Index
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Growth
Assets Under Management
$3B

Share Price Chart


Loading charts...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

FBT Performance Chart

First Trust Amex Biotechnology Index (FBT) is up 11.3% since the beginning of the year. FBT is currently trading at $230 per share. Investors who bought $1,000 worth of FBT shares 5 years ago would now be looking at an investment worth $1,357.


Loading charts...

S&P 500 Index

Returns By Period

First Trust Amex Biotechnology Index (FBT) has returned 11.27% so far this year and 44.08% over the past 12 months. Over the last ten years, FBT has returned 10.45% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


First Trust Amex Biotechnology Index

1D
0.41%
1M
7.91%
YTD
11.27%
6M
6.83%
1Y
44.08%
3Y*
13.78%
5Y*
6.30%
10Y*
10.45%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FBT Monthly Returns History

Based on dividend-adjusted daily data since Jun 23, 2006, FBT's average daily return is +0.06%, while the average monthly return is +1.25%. At this rate, an investment would double in approximately 4.6 years.

Historically, 58% of months were positive and 42% were negative. The best month was Jul 2009 with a return of +24.8%, while the worst month was Jan 2016 at -24.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FBT closed higher 53% of trading days. The best single day was Jul 20, 2009 with a return of +15.8%, while the worst single day was Aug 4, 2011 at -10.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.10%-1.99%-3.77%2.01%8.74%3.16%11.27%
20258.74%-2.92%-3.05%-4.23%-1.01%0.03%1.82%4.70%4.25%7.65%11.09%-3.68%24.25%
2024-5.77%1.22%2.01%-6.41%3.54%3.34%8.75%1.87%0.79%-1.02%2.31%-3.88%5.88%
20236.12%-5.91%0.73%-0.91%-0.55%0.24%1.74%-0.81%-5.31%-9.15%6.27%11.87%2.55%
2022-8.16%-1.60%1.90%-8.96%-0.68%0.53%3.38%-2.70%-3.21%8.68%8.49%-0.95%-4.83%
20214.33%-4.03%-4.58%2.29%-0.76%5.95%-2.71%3.53%-4.49%-0.10%-5.54%4.77%-2.26%

Benchmark Metrics

First Trust Amex Biotechnology Index has an annualized alpha of 6.29%, beta of 0.88, and R2 of 0.45 versus S&P 500 Index. Calculated based on daily prices since June 23, 2006.

  • This ETF captured 115.41% of S&P 500 Index gains but only 98.85% of its losses - a favorable profile for investors.
  • R2 of 0.45 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
6.29%
Beta
0.88
0.45
Upside Capture
115.41%
Downside Capture
98.85%

Expense Ratio

FBT has an expense ratio of 0.57%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FBT ranks 63 for risk / return — better than 63% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FBT Risk / Return Rank: 6363
Overall Rank
FBT Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
FBT Sortino Ratio Rank: 6969
Sortino Ratio Rank
FBT Omega Ratio Rank: 6262
Omega Ratio Rank
FBT Calmar Ratio Rank: 6464
Calmar Ratio Rank
FBT Martin Ratio Rank: 5454
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust Amex Biotechnology Index (FBT) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FBTBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.08

Sortino ratioReturn per unit of downside risk

+0.26

Omega ratioGain probability vs. loss probability

1.36

1.37

-0.01

Calmar ratioReturn relative to maximum drawdown

3.11

2.78

+0.32

Martin ratioReturn relative to average drawdown

9.19

12.44

-3.25

Dividends

Dividend History

First Trust Amex Biotechnology Index provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%0.20%0.40%0.60%0.80%1.00%1.20%1.40%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.00$0.00$1.17$0.00$0.00$2.21$0.00$0.00$0.00$0.00$0.00$0.13

Dividend yield

0.00%0.00%0.71%0.00%0.00%1.37%0.00%0.00%0.00%0.00%0.00%0.12%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Amex Biotechnology Index. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.17$1.17
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.21$2.21

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 charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Amex Biotechnology Index. 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 Amex Biotechnology Index was 40.51%, occurring on Feb 11, 2016. Recovery took 484 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

2016 bear market2016
-40.51%Feb 2016
6mo 26d1y 11mo
2y 5moJul 2015 - Jan 2018
Financial crisis2007–2009
-39.83%Nov 2008
3mo 8d8mo 16d
11mo 24dAug 2008 - Aug 2009
2011 bear market2011
-34.04%Nov 2011
7mo7mo 26d
1y 2moApr 2011 - Jul 2012
Bear market2022
-32.37%Jun 2022
1y 4mo2y 7mo
3y 11moFeb 2021 - Jan 2025
Rate-hike selloffLate 2018
-28.05%Dec 2018
2mo 27d1y 4mo
1y 7moSep 2018 - May 2020

Drawdown Indicators


FBTBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-40.51%

-56.78%

+16.27%

Max Drawdown (1Y)

Largest decline over 1 year

-14.26%

-9.10%

-5.16%

Max Drawdown (3Y)

Largest decline over 3 years

-20.05%

-18.90%

-1.15%

Max Drawdown (5Y)

Largest decline over 5 years

-28.98%

-25.43%

-3.55%

Max Drawdown (10Y)

Largest decline over 10 years

-32.37%

-33.92%

+1.55%

Current Drawdown

Current decline from peak

0.00%

-1.80%

+1.80%

Average Drawdown

Average peak-to-trough decline

-11.14%

-10.71%

-0.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.81%

2.03%

+2.78%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading charts...

Portfolio Analyzer

Build a portfolio with FBT

Add First Trust Amex Biotechnology Index to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with FBT