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First Trust New Constructs Core Earnings Leaders E...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

First Trust New Constructs Core Earnings Leaders ETF (FTCE)

ETF · Currency in USD · Last updated Apr 15, 2026

The First Trust New Constructs Core Earnings Leaders ETF (FTCE) seeks to track the performance of the Bloomberg New Constructs Core Earnings Leaders Index. The index identifies companies with high earnings quality by selecting the top companies within each sector based on the highest 'Earnings Capture' metric, resulting in a portfolio of approximately 100 large-cap U.S. companies. Under normal conditions, the fund invests at least 80% of its net assets in the securities that comprise the underlying index, using a full replication technique.

ETF Info

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

Share Price Chart

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First Trust New Constructs Core Earnings Leaders ETF

Performance

FTCE Performance Chart

First Trust New Constructs Core Earnings Leaders ETF (FTCE) is up 0.1% since the beginning of the year. FTCE is currently trading at $25 per share.

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S&P 500 Index

Returns By Period

First Trust New Constructs Core Earnings Leaders ETF (FTCE) has returned 0.05% so far this year and 32.65% over the past 12 months.

First Trust New Constructs Core Earnings Leaders ETF

1D
0.81%
1M
3.51%
YTD
0.05%
6M
3.95%
1Y
32.65%
3Y*
—
5Y*
—
10Y*
—

Benchmark (S&P 500 Index)

1D
1.18%
1M
5.05%
YTD
1.78%
6M
4.86%
1Y
28.88%
3Y*
18.97%
5Y*
10.81%
10Y*
12.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FTCE Monthly Returns History

Based on dividend-adjusted daily data since Oct 3, 2024, FTCE's average daily return is +0.07%, while the average monthly return is +1.29%. At this rate, an investment would double in approximately 4.5 years.

Historically, 63% of months were positive and 37% were negative. The best month was Sep 2025 with a return of +7.5%, 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 55% 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%.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.87%-1.89%-4.85%5.20%0.05%
20253.12%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 3.04%, beta of 0.94, and R² of 0.89 versus S&P 500 Index. Calculated based on daily prices since October 04, 2024.

  • This ETF captured 101.58% 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 3.04% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • With beta of 0.94 and R² of 0.89, 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
3.04%
Beta
0.94
R²
0.89
Upside Capture
101.58%
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 63 for risk / return — better than 63% 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.

FTCE Risk / Return Rank: 6363
Overall Rank
FTCE Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
FTCE Sortino Ratio Rank: 6666
Sortino Ratio Rank
FTCE Omega Ratio Rank: 6666
Omega Ratio Rank
FTCE Calmar Ratio Rank: 5656
Calmar Ratio Rank
FTCE Martin Ratio Rank: 6161
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 a chosen benchmark (S&P 500 Index).

FTCEBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.42

2.20

+0.22

Sortino ratio

Return per unit of downside risk

3.31

3.07

+0.25

Omega ratio

Gain probability vs. loss probability

1.43

1.41

+0.02

Calmar ratio

Return relative to maximum drawdown

3.60

3.55

+0.05

Martin ratio

Return relative to average drawdown

13.90

16.01

-2.11

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Explore FTCE risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

FTCE Sortino RatioFTCE Sharpe Ratio

Dividends

Dividend History

First Trust New Constructs Core Earnings Leaders ETF provided a 0.90% dividend yield over the last twelve months, with an annual payout of $0.22 per share.

0.20%0.40%0.60%0.80%1.00%$0.00$0.05$0.10$0.15$0.2020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.22$0.24$0.06

Dividend yield

0.90%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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.05$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.

The current First Trust New Constructs Core Earnings Leaders ETF drawdown is 3.15%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.11%Feb 20, 202534Apr 8, 202544Jun 11, 202578
-10.16%Jan 30, 202640Mar 27, 2026———
-5.59%Dec 5, 202424Jan 10, 202520Feb 10, 202544
-5.24%Oct 28, 202518Nov 20, 202514Dec 11, 202532
-4.26%Oct 15, 202415Nov 4, 20245Nov 11, 202420

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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