PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
First Trust Low Duration Global Government Bond UC...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINIE00BKS2X200
WKNA2PTJ7
IssuerFirst Trust
Inception DateOct 1, 2020
CategoryGlobal Bonds
Index TrackedBloomberg Global Aggregate TR Hdg GBP
DomicileIreland
Distribution PolicyDistributing
Asset ClassBond

Expense Ratio

The First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist has a high expense ratio of 0.45%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.45%

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.


First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist

Performance

Performance Chart

The chart shows the growth of an initial investment of £10,000 in First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%NovemberDecember2024FebruaryMarchApril
3.04%
13.33%
FGOV.L (First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist)
Benchmark (^GSPC)

S&P 500

Returns By Period

First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist had a return of -0.72% year-to-date (YTD) and 1.94% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-0.72%5.90%
1 month-0.89%-1.28%
6 months3.03%15.51%
1 year1.94%21.68%
5 years (annualized)N/A11.74%
10 years (annualized)N/A10.50%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-0.08%-0.04%-0.06%
2023-1.57%-0.22%2.28%1.53%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FGOV.L is 41, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of FGOV.L is 4141
First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist(FGOV.L)
The Sharpe Ratio Rank of FGOV.L is 4545Sharpe Ratio Rank
The Sortino Ratio Rank of FGOV.L is 4242Sortino Ratio Rank
The Omega Ratio Rank of FGOV.L is 4242Omega Ratio Rank
The Calmar Ratio Rank of FGOV.L is 2727Calmar Ratio Rank
The Martin Ratio Rank of FGOV.L is 4848Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist (FGOV.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FGOV.L
Sharpe ratio
The chart of Sharpe ratio for FGOV.L, currently valued at 0.65, compared to the broader market0.002.004.000.65
Sortino ratio
The chart of Sortino ratio for FGOV.L, currently valued at 0.96, compared to the broader market-2.000.002.004.006.008.0010.000.96
Omega ratio
The chart of Omega ratio for FGOV.L, currently valued at 1.11, compared to the broader market1.001.502.002.501.11
Calmar ratio
The chart of Calmar ratio for FGOV.L, currently valued at 0.13, compared to the broader market0.002.004.006.008.0010.0012.000.13
Martin ratio
The chart of Martin ratio for FGOV.L, currently valued at 2.32, compared to the broader market0.0020.0040.0060.0080.002.32
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market0.002.004.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.0010.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.002.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.62, compared to the broader market0.0020.0040.0060.0080.007.62

Sharpe Ratio

The current First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist Sharpe ratio is 0.65. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00NovemberDecember2024FebruaryMarchApril
0.65
1.73
FGOV.L (First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to £0.00 per share.


PeriodTTM202320222021
Dividend£0.00£0.00£0.00£0.00

Dividend yield

0.00%0.00%0.00%0.00%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024£0.00£0.00£0.00
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
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
2021£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-12.21%
-2.55%
FGOV.L (First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist. 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 Low Duration Global Government Bond UCITS ETF GBP Hedged dist was 15.77%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist drawdown is 12.21%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.77%Dec 31, 2020457Oct 24, 2022
-0.38%Nov 11, 20205Nov 17, 20206Nov 25, 202011
-0.35%Oct 19, 20204Oct 22, 20209Nov 4, 202013
-0.33%Dec 3, 20202Dec 4, 202012Dec 22, 202014
-0.17%Nov 26, 20201Nov 26, 20204Dec 2, 20205

Volatility

Volatility Chart

The current First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist volatility is 0.95%, 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.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
0.95%
4.15%
FGOV.L (First Trust Low Duration Global Government Bond UCITS ETF GBP Hedged dist)
Benchmark (^GSPC)