- Issuer
- First Trust
- Inception Date
- Aug 19, 2019
- Region
- North America (United States)
- Category
- Utilities Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $26M
Share Price Chart
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Performance
FPWR Performance Chart
First Trust EIP Power Solutions ETF (FPWR) is up 13.0% since the beginning of the year. FPWR is currently trading at $37 per share. Investors who bought $1,000 worth of FPWR shares 5 years ago would now be looking at an investment worth $1,763.
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Returns By Period
First Trust EIP Power Solutions ETF (FPWR) has returned 12.96% so far this year and 21.65% over the past 12 months.
First Trust EIP Power Solutions ETF
- 1D
- 0.16%
- 1M
- -1.04%
- YTD
- 12.96%
- 6M
- 11.36%
- 1Y
- 21.65%
- 3Y*
- 17.40%
- 5Y*
- 12.01%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 24.32%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
FPWR Monthly Returns History
Based on dividend-adjusted daily data since Aug 20, 2019, FPWR's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, an investment would double in approximately 5.8 years.
Historically, 64% of months were positive and 36% were negative. The best month was Feb 2026 with a return of +9.0%, while the worst month was Mar 2020 at -9.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FPWR closed higher 55% of trading days. The best single day was Mar 17, 2020 with a return of +8.6%, while the worst single day was Mar 16, 2020 at -9.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.91% | 9.01% | -0.66% | 2.46% | -3.57% | 0.64% | 12.96% | ||||||
| 2025 | 2.70% | 2.66% | 1.31% | 0.32% | 1.74% | 1.96% | 3.89% | -1.46% | 3.08% | 0.15% | 3.50% | -3.93% | 16.78% |
| 2024 | -3.49% | 0.11% | 5.67% | -0.12% | 6.08% | -1.57% | 6.24% | 3.57% | 4.79% | 0.28% | 6.91% | -6.85% | 22.60% |
| 2023 | 1.22% | -4.36% | 2.36% | 0.84% | -5.15% | 2.66% | 1.93% | -4.35% | -5.39% | -0.22% | 5.67% | 2.13% | -3.36% |
| 2022 | -2.56% | 2.08% | 8.32% | -5.41% | 3.89% | -5.43% | 7.06% | 0.82% | -8.75% | 4.50% | 5.43% | -3.12% | 5.28% |
| 2021 | 0.78% | -5.79% | 8.15% | 3.39% | -1.30% | -0.76% | 1.96% | 2.53% | -4.98% | 6.08% | -2.79% | 5.38% | 12.26% |
Benchmark Metrics
First Trust EIP Power Solutions ETF has an annualized alpha of 3.52%, beta of 0.58, and R2 of 0.45 versus S&P 500 Index. Calculated based on daily prices since August 21, 2019.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (55.00%) than losses (51.07%) - typical of diversified or defensive assets.
- Beta of 0.58 may look defensive, but with R2 of 0.45 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 0.45 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
- 3.52%
- Beta
- 0.58
- R²
- 0.45
- Upside Capture
- 55.00%
- Downside Capture
- 51.07%
Expense Ratio
FPWR has a high expense ratio of 0.96%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FPWR ranks 73 for risk / return — better than 73% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust EIP Power Solutions ETF (FPWR) and compare them to S&P 500 Index.
| FPWR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.36 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 2.69 | +1.65 |
| Martin ratioReturn relative to average drawdown | 11.59 | 12.34 | -0.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
First Trust EIP Power Solutions ETF provided a 1.81% dividend yield over the last twelve months, with an annual payout of $0.67 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.65 | $0.73 | $0.61 | $0.44 | $0.41 | $0.38 | $0.15 |
Dividend yield | 1.81% | 1.97% | 2.52% | 2.54% | 1.72% | 1.66% | 1.68% | 0.71% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust EIP Power Solutions ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.19 | ||||||
| 2025 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.19 | $0.65 |
| 2024 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.18 | $0.73 |
| 2023 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.18 | $0.61 |
| 2022 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.19 | $0.44 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.41 |
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 EIP Power Solutions 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 EIP Power Solutions ETF was 32.28%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current First Trust EIP Power Solutions ETF drawdown is 2.96%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -32.28%Mar 2020 | 1mo 3d | 7mo 21d | 8mo 24dFeb 2020 - Nov 2020 |
2023 correction2023 | -19.88%Oct 2023 | 1y 20d | 10mo | 1y 10moSep 2022 - Jul 2024 |
Bear market2022 | -13.24%Jun 2022 | 2mo 7d | 1mo 26d | 4mo 3dApr 2022 - Aug 2022 |
2021 pullback2021 | -8.64%Feb 2021 | 1mo 1d | 1mo 11d | 2mo 12dJan 2021 - Apr 2021 |
2024 pullback2024 | -8.49%Dec 2024 | 16d | 3mo 14d | 4moDec 2024 - Apr 2025 |
Drawdown Indicators
| FPWR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.28% | -56.78% | +24.50% |
Max Drawdown (1Y)Largest decline over 1 year | -5.02% | -9.10% | +4.08% |
Max Drawdown (3Y)Largest decline over 3 years | -14.68% | -18.90% | +4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -19.88% | -25.43% | +5.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.96% | -2.97% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -4.99% | -10.72% | +5.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 1.97% | -0.10% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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