- Issuer
- First Trust
- Inception Date
- Oct 20, 2016
- Category
- Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- First Trust Global Equity Income UCITS ETF Class A USD
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
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Performance
FGBL.L Performance Chart
First Trust Global Equity Income UCITS ETF Class A USD (FGBL.L) is up 13.1% since the beginning of the year. FGBL.L is currently trading at £74 per share. Investors who bought £1,000 worth of FGBL.L shares 5 years ago would now be looking at an investment worth £1,824.
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Returns By Period
First Trust Global Equity Income UCITS ETF Class A USD (FGBL.L) has returned 13.08% so far this year and 28.79% over the past 12 months. Over the last ten years, FGBL.L has returned 9.31% per year, falling short of the S&P 500 Index benchmark, which averaged 13.06% annually.
First Trust Global Equity Income UCITS ETF Class A USD
- 1D
- -0.04%
- 1M
- 0.91%
- 6M
- 10.70%
- YTD
- 13.08%
- 1Y
- 28.79%
- 3Y*
- 19.89%
- 5Y*
- 12.77%
- 10Y*
- 9.31%
Benchmark (S&P 500 Index)
- 1D
- -0.66%
- 1M
- -0.64%
- 6M
- 8.66%
- YTD
- 10.17%
- 1Y
- 19.99%
- 3Y*
- 17.60%
- 5Y*
- 12.23%
- 10Y*
- 13.06%
FGBL.L Monthly Returns History
Based on dividend-adjusted daily data since Aug 28, 2015, FGBL.L's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +12.7%, while the worst month was Sep 2015 at -38.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FGBL.L closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +6.1%, while the worst single day was Sep 1, 2015 at -36.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.76% | 7.43% | -3.53% | 1.78% | 1.82% | 0.42% | 2.03% | 13.08% | |||||
| 2025 | 5.46% | 1.72% | 1.05% | -2.46% | 3.88% | 1.05% | 5.34% | 2.36% | 0.54% | 3.58% | 2.66% | 2.01% | 30.51% |
| 2024 | -0.12% | 2.14% | 3.14% | 1.05% | 1.04% | -0.97% | 0.51% | -0.40% | -0.42% | -0.47% | 0.24% | 0.37% | 6.22% |
| 2023 | 5.27% | -0.39% | -1.64% | -0.07% | -4.74% | 4.11% | 4.31% | -2.37% | 3.78% | -4.58% | 2.39% | 5.32% | 11.15% |
| 2022 | 3.61% | 1.50% | 2.57% | -0.91% | 1.08% | -6.93% | 0.50% | 1.51% | -5.30% | -0.56% | 8.84% | -1.45% | 3.62% |
| 2021 | -1.74% | 4.30% | 6.42% | 0.60% | 0.90% | -0.87% | -1.96% | 1.77% | -0.92% | -0.45% | -0.14% | 2.72% | 10.79% |
Benchmark Metrics
First Trust Global Equity Income UCITS ETF Class A USD has an annualized alpha of 1.06%, beta of 0.43, and R2 of 0.18 versus S&P 500 Index. Calculated based on daily prices since August 28, 2015.
- This ETF participated in 85.07% of S&P 500 Index downside but only 57.72% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.43 may look defensive, but with R2 of 0.18 this ETF 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 ETF's risk.
- R2 of 0.18 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.06%
- Beta
- 0.43
- R²
- 0.18
- Upside Capture
- 57.72%
- Downside Capture
- 85.07%
Return for Risk
Risk / Return Rank
FGBL.L ranks 94 for risk / return — in the top 94% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust Global Equity Income UCITS ETF Class A USD (FGBL.L) 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.
| FGBL.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.50 | ||
| Sortino ratioReturn per unit of downside risk | +2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.31 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 5.20 | 2.50 | +2.70 |
| Martin ratioReturn relative to average drawdown | 18.15 | 9.11 | +9.04 |
Dividends
Dividend History
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Global Equity Income UCITS ETF Class A USD. 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 Global Equity Income UCITS ETF Class A USD was 40.36%, occurring on Feb 11, 2016. Recovery took 628 trading sessions.
The current First Trust Global Equity Income UCITS ETF Class A USD drawdown is 0.63%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-40.36%Feb 2016 | 5mo 13d | 2y 5mo | 2y 11moSep 2015 - Aug 2018 | — |
-29.44%Mar 2020 | 2mo 2d | 1y 9mo | 1y 11moJan 2020 - Jan 2022 | COVID crash2020 |
-12.45%Apr 2025 | 13d | 1mo 11d | 1mo 24dMar 2025 - May 2025 | 2025 selloff2025 |
-11.72%Oct 2022 | 6mo 20d | 2mo 29d | 9mo 19dApr 2022 - Jan 2023 | Bear market2022 |
-11.19%Dec 2018 | 4mo 19d | 6mo 6d | 10mo 25dAug 2018 - Jul 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| FGBL.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.36% | -37.07% | -3.29% |
Max Drawdown (1Y)Largest decline over 1 year | -5.68% | -8.03% | +2.35% |
Max Drawdown (3Y)Largest decline over 3 years | -12.45% | -22.15% | +9.70% |
Max Drawdown (5Y)Largest decline over 5 years | -12.45% | -22.15% | +9.70% |
Max Drawdown (10Y)Largest decline over 10 years | -29.44% | -26.01% | -3.43% |
Current DrawdownCurrent decline from peak | -0.63% | -1.42% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -8.01% | -5.29% | -2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 2.20% | -0.57% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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