- Issuer
- First Trust
- Inception Date
- Oct 2, 2024
- Category
- Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Bloomberg New Constructs Core Earnings Leaders Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $82M
Share Price Chart
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Performance
FTCE Performance Chart
First Trust New Constructs Core Earnings Leaders ETF (FTCE) is up 14.7% since the beginning of the year. FTCE is currently trading at $29 per share.
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Returns By Period
First Trust New Constructs Core Earnings Leaders ETF (FTCE) has returned 14.69% so far this year and 37.80% over the past 12 months.
First Trust New Constructs Core Earnings Leaders ETF
- 1D
- 0.28%
- 1M
- 10.79%
- YTD
- 14.69%
- 6M
- 15.43%
- 1Y
- 37.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
FTCE Monthly Returns History
Based on dividend-adjusted daily data since Oct 3, 2024, FTCE's average daily return is +0.09%, while the average monthly return is +1.86%. At this rate, an investment would double in approximately 3.1 years.
Historically, 67% of months were positive and 33% were negative. The best month was May 2026 with a return of +10.9%, while the worst month was Mar 2026 at -4.9%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 2 months.
On a daily basis, FTCE closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +8.8%, while the worst single day was Apr 4, 2025 at -6.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.87% | -1.89% | -4.85% | 8.12% | 10.92% | 0.56% | 14.69% | ||||||
| 2025 | 3.12% | 1.78% | -4.56% | -1.17% | 5.69% | 6.86% | 0.60% | 2.93% | 7.45% | 0.58% | -0.02% | 0.83% | 26.14% |
| 2024 | -0.87% | 4.96% | -3.93% | -0.04% |
Benchmark Metrics
First Trust New Constructs Core Earnings Leaders ETF has an annualized alpha of 6.32%, beta of 0.93, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since October 04, 2024.
- This ETF captured 114.41% of S&P 500 Index gains but only 86.00% of its losses - a favorable profile for investors.
- This ETF generated an annualized alpha of 6.32% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.93 and R2 of 0.87, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 6.32%
- Beta
- 0.93
- R²
- 0.87
- Upside Capture
- 114.41%
- Downside Capture
- 86.00%
Expense Ratio
FTCE has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FTCE ranks 80 for risk / return — in the top 80% 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 New Constructs Core Earnings Leaders ETF (FTCE) and compare them to S&P 500 Index.
| FTCE | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.91 | 2.39 | +0.53 |
Sortino ratioReturn per unit of downside risk | 3.94 | 3.25 | +0.69 |
Omega ratioGain probability vs. loss probability | 1.51 | 1.43 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 3.74 | 3.11 | +0.62 |
Martin ratioReturn relative to average drawdown | 14.34 | 14.38 | -0.04 |
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 New Constructs Core Earnings Leaders ETF provided a 0.79% dividend yield over the last twelve months, with an annual payout of $0.22 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.22 | $0.24 | $0.06 |
Dividend yield | 0.79% | 0.96% | 0.28% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust New Constructs Core Earnings Leaders 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 | $0.05 | $0.00 | $0.00 | $0.00 | $0.05 | ||||||
| 2025 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.24 |
| 2024 | $0.06 | $0.06 |
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 New Constructs Core Earnings Leaders 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 New Constructs Core Earnings Leaders ETF was 18.11%, occurring on Apr 8, 2025. Recovery took 44 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -18.11%Apr 2025 | 1mo 17d | 2mo 4d | 3mo 21dFeb 2025 - Jun 2025 |
2026 correction2026 | -10.16%Mar 2026 | 1mo 26d | 1mo 5d | 3mo 1dJan 2026 - May 2026 |
2025 pullback2025 | -5.59%Jan 2025 | 1mo 6d | 1mo 1d | 2mo 7dDec 2024 - Feb 2025 |
2025 pullback2025 | -5.24%Nov 2025 | 23d | 21d | 1mo 14dOct 2025 - Dec 2025 |
2024 pullback2024 | -4.26%Nov 2024 | 20d | 7d | 27dOct 2024 - Nov 2024 |
Drawdown Indicators
| FTCE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.11% | -56.78% | +38.67% |
Max Drawdown (1Y)Largest decline over 1 year | -10.16% | -9.10% | -1.06% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -2.50% | -10.72% | +8.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 1.97% | +0.67% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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