FCVT Alternatives & Similar ETFs

First Trust SSI Strategic Convertible Securities ETF (FCVT) belongs to the Convertible Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FCVT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FCVT

FCVT charges 0.95% annually. There are 4 ETFs in the Convertible Bonds category with lower expense ratios, going as low as 0.20%.

Symbol	Name	Expense Ratio	AUM	Inception
ICVT	iShares Convertible Bond ETF	0.20%	7.19B	Jun 2015	FCVT vs ICVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	0.40%	5.57B	Apr 2009	FCVT vs CWB
ACVT	Advent Convertible Bond ETF	0.65%	30.82M	Apr 2025	FCVT vs ACVT
CVRT	Calamos Convertible Equity Alternative ETF	0.69%	31.20M	Oct 2023	FCVT vs CVRT

Best Risk-Adjusted Alternatives to FCVT

FCVT has a PortfoliosLab risk / return rank of 54. There are 4 ETFs in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 78.

Symbol	Name	Risk / Return Rank	AUM	Inception
CVRT	Calamos Convertible Equity Alternative ETF	78	31.20M	Oct 2023	FCVT vs CVRT
ICVT	iShares Convertible Bond ETF	60	7.19B	Jun 2015	FCVT vs ICVT
ACVT	Advent Convertible Bond ETF	59	30.82M	Apr 2025	FCVT vs ACVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	55	5.57B	Apr 2009	FCVT vs CWB

Top Performing FCVT Alternatives (YTD)

FCVT is at 14.79% YTD. There are 3 ETFs in the Convertible Bonds category with higher YTD returns, going as high as 25.14%.

Symbol	Name	YTD Return	AUM	Inception
CVRT	Calamos Convertible Equity Alternative ETF	25.14%	31.20M	Oct 2023	FCVT vs CVRT
ICVT	iShares Convertible Bond ETF	15.73%	7.19B	Jun 2015	FCVT vs ICVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	15.00%	5.57B	Apr 2009	FCVT vs CWB
ACVT	Advent Convertible Bond ETF	6.12%	30.82M	Apr 2025	FCVT vs ACVT

Lowest Volatility Alternatives to FCVT

FCVT has 19.11% 1-year volatility. There are 3 ETFs in the Convertible Bonds category with lower 1-year volatility, going as low as 5.93%.

Symbol	Name	Volatility 1Y	AUM	Inception
ACVT	Advent Convertible Bond ETF	5.93%	30.82M	Apr 2025	FCVT vs ACVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	16.61%	5.57B	Apr 2009	FCVT vs CWB
ICVT	iShares Convertible Bond ETF	17.19%	7.19B	Jun 2015	FCVT vs ICVT
CVRT	Calamos Convertible Equity Alternative ETF	24.03%	31.20M	Oct 2023	FCVT vs CVRT

Lowest Drawdown Alternatives to FCVT

FCVT has a 1-year max drawdown of -13.87%. There are 3 ETFs in the Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -4.81%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ACVT	Advent Convertible Bond ETF	-4.81%	30.82M	Apr 2025	FCVT vs ACVT
CWB	SPDR Bloomberg Barclays Convertible Securities ETF	-11.08%	5.57B	Apr 2009	FCVT vs CWB
ICVT	iShares Convertible Bond ETF	-11.65%	7.19B	Jun 2015	FCVT vs ICVT
CVRT	Calamos Convertible Equity Alternative ETF	-15.77%	31.20M	Oct 2023	FCVT vs CVRT

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	39	28.86%	14.31B	Jul 2015	FCVT vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Infrastructure Equities, Alternative Energy Equities, Energy Equities	49	17.75%	11.67B	Nov 2009	FCVT vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	54	19.12%	10.18B	Mar 2014	FCVT vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	8	-5.91%	118.19M	Feb 2012	FCVT vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	92	18.16%	7.77B	Mar 2006	FCVT vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	25	-6.56%	514.13M	Mar 2021	FCVT vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	91	67.20%	1.27B	Sep 2016	FCVT vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	43	14.88%	4.18B	Aug 2012	FCVT vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities, Energy Equities	39	10.48%	586.61M	Feb 2007	FCVT vs QCLN
RDVY	First Trust Rising Dividend Achievers ETF	Dividend, Large Cap Blend Equities	85	17.25%	24.89B	Jan 2014	FCVT vs RDVY

Often Compared With FCVT

Investors most often compare FCVT with COWZ, FALN, ANGL. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
COWZ	Pacer US Cash Cows 100 ETF	Mid Cap Value Equities, Dividend	85	11.74%	17.98B	Dec 2016	FCVT vs COWZ
FALN	iShares Fallen Angels USD Bond ETF	High Yield Bonds	55	1.86%	1.61B	Jun 2016	FCVT vs FALN
ANGL	VanEck Fallen Angel High Yield Bond ETF	High Yield Bonds	53	1.76%	3.05B	Apr 2012	FCVT vs ANGL
PFF	iShares Preferred and Income Securities ETF	Preferred Stock	20	0.89%	13.15B	Mar 2007	FCVT vs PFF
ESPO	VanEck Video Gaming and eSports ETF	Gaming, Technology Equities	5	-9.09%	245.90M	Oct 2018	FCVT vs ESPO
FXAIX	Fidelity 500 Index Fund	S&P 500	64	9.35%	—	Feb 1988	FCVT vs FXAIX
FEMB	First Trust Emerging Markets Local Currency Bond E...	Emerging Markets Bonds	46	2.20%	361.87M	Nov 2014	FCVT vs FEMB
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	10.13%	789.06B	Jan 1993	FCVT vs SPY
FISCX	Franklin Convertible Securities Fund	Convertible Bonds	73	10.14%	—	Apr 1987	FCVT vs FISCX
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock	29	1.20%	2.45B	May 2018	FCVT vs PFFA
PFFV	Global X Variable Rate Preferred ETF	Preferred Stock	29	2.94%	305.03M	Jun 2020	FCVT vs PFFV
SPFF	Global X SuperIncome Preferred ETF	Preferred Stock	37	4.06%	140.63M	Jul 2012	FCVT vs SPFF
PREF	Principal Spectrum Preferred Secs Active ETF	Preferred Stock	69	1.65%	1.70B	Jul 2017	FCVT vs PREF
JHPI	John Hancock Preferred Income ETF	Preferred Stock	61	1.69%	212.19M	Dec 2021	FCVT vs JHPI
PQDI	Principal Spectrum Preferred and Income ETF	Preferred Stock	63	1.57%	70.10M	Jun 2020	FCVT vs PQDI
QTPI	North Square RCIM Tax-Advantaged Preferred and Inc...	Preferred Stock	45	1.15%	74.29M	Dec 2024	FCVT vs QTPI
PGX	Invesco Preferred ETF	Preferred Stock	12	-1.09%	3.79B	Jan 2008	FCVT vs PGX
CSSD	Cohen & Steers Short Duration Preferred and Income...	Preferred Stock	—	3.03%	17.00M	Dec 2025	FCVT vs CSSD
PFFD	Global X U.S. Preferred ETF	Preferred Stock	19	1.09%	2.16B	Sep 2017	FCVT vs PFFD
EPRF	Innovator S&P High Quality Preferred ETF	Preferred Stock	7	-2.35%	68.19M	May 2016	FCVT vs EPRF

Compare FCVT with Any Fund or Stock

Compare FCVT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair FCVT with funds that move differently

First Trust SSI Strategic Convertible Securities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCVT.

Explore FCVT Diversifiers

First Trust SSI Strategic Convertible Securities ETF (FCVT) Alternatives