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First Trust TCW Opportunistic Fixed Income ETF (FI...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US33740F8059

CUSIP

33740F805

Inception Date

Feb 14, 2017

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Expense Ratio

FIXD has an expense ratio of 0.56%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

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


Performance

Performance Chart


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Returns By Period

First Trust TCW Opportunistic Fixed Income ETF (FIXD) returned 2.25% year-to-date (YTD) and 6.03% over the past 12 months.


FIXD

YTD

2.25%

1M

1.01%

6M

0.96%

1Y

6.03%

5Y*

-0.86%

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

The table below presents the monthly returns of FIXD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.64%2.48%-0.01%0.22%-1.07%2.25%
2024-0.18%-1.57%0.56%-3.15%2.13%0.92%2.90%1.83%1.59%-3.06%1.07%-2.06%0.75%
20233.88%-2.89%2.65%0.63%-1.25%-0.53%0.02%-0.78%-3.01%-1.88%4.93%4.21%5.72%
2022-2.03%-1.09%-3.46%-3.90%0.04%-2.23%2.85%-2.84%-5.07%-1.58%3.95%-0.28%-14.90%
2021-0.45%-1.22%-1.15%0.85%0.35%0.68%1.11%-0.04%-0.89%-0.18%0.23%-0.34%-1.07%
20201.99%1.58%-1.32%2.37%0.98%0.92%1.74%-0.67%-0.13%-0.26%1.22%0.18%8.89%
20191.43%0.07%1.97%-0.04%2.05%1.13%0.23%2.63%-0.48%0.03%0.27%-0.06%9.57%
2018-1.09%-1.09%0.68%-0.71%0.72%-0.19%0.17%0.70%-0.60%-0.58%0.50%1.66%0.11%
20170.78%-0.30%0.86%1.14%-0.25%0.21%0.90%-0.19%-0.05%-0.01%0.38%3.50%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FIXD is 71, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FIXD is 7171
Overall Rank
The Sharpe Ratio Rank of FIXD is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of FIXD is 8181
Sortino Ratio Rank
The Omega Ratio Rank of FIXD is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FIXD is 5555
Calmar Ratio Rank
The Martin Ratio Rank of FIXD is 6464
Martin 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 TCW Opportunistic Fixed Income ETF (FIXD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

First Trust TCW Opportunistic Fixed Income ETF Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: 0.97
  • 5-Year: -0.13
  • All Time: 0.26

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of First Trust TCW Opportunistic Fixed Income ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

First Trust TCW Opportunistic Fixed Income ETF provided a 4.50% dividend yield over the last twelve months, with an annual payout of $1.95 per share. The fund has been increasing its distributions for 3 consecutive years.


2.00%2.50%3.00%3.50%4.00%4.50%$0.00$0.50$1.00$1.50$2.0020172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017
Dividend$1.95$1.96$1.76$1.41$0.93$1.66$2.18$1.44$0.99

Dividend yield

4.50%4.56%3.93%3.20%1.74%3.03%4.20%2.92%1.95%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust TCW Opportunistic Fixed Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.16$0.16$0.16$0.16$0.00$0.62
2024$0.17$0.16$0.16$0.16$0.16$0.16$0.16$0.21$0.21$0.16$0.15$0.15$1.96
2023$0.15$0.14$0.13$0.13$0.13$0.13$0.14$0.17$0.17$0.17$0.17$0.17$1.76
2022$0.07$0.07$0.07$0.08$0.08$0.08$0.15$0.16$0.16$0.16$0.18$0.16$1.41
2021$0.10$0.15$0.14$0.07$0.07$0.06$0.06$0.06$0.06$0.06$0.06$0.07$0.93
2020$0.10$0.09$0.07$0.06$0.06$0.08$0.09$0.09$0.09$0.12$0.12$0.69$1.66
2019$0.26$0.13$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.72$2.18
2018$0.10$0.11$0.12$0.13$0.12$0.11$0.11$0.11$0.11$0.12$0.18$0.13$1.44
2017$0.11$0.09$0.10$0.10$0.10$0.10$0.10$0.12$0.09$0.09$0.99

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 TCW Opportunistic Fixed Income 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 TCW Opportunistic Fixed Income ETF was 20.35%, occurring on Oct 20, 2022. The portfolio has not yet recovered.

The current First Trust TCW Opportunistic Fixed Income ETF drawdown is 8.69%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.35%Aug 5, 2021306Oct 20, 2022
-8.51%Mar 10, 20209Mar 20, 202044May 22, 202053
-3.22%Jan 5, 202152Mar 19, 202183Jul 19, 2021135
-3.17%Sep 6, 2017175May 16, 2018160Jan 3, 2019335
-2.11%Sep 5, 20197Sep 13, 201915Oct 4, 201922

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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