First Trust Hedged BuyWrite Income ETF (FTLB)
FTLB is an actively managed ETF by First Trust. FTLB launched on Jan 6, 2014 and has a 0.85% expense ratio.
ETF Info
ISIN | US33738R4074 |
---|---|
CUSIP | 33738R407 |
Issuer | First Trust |
Inception Date | Jan 6, 2014 |
Region | Developed Markets (Broad) |
Category | Long-Short, Actively Managed |
Index Tracked | No Index (Active) |
Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The First Trust Hedged BuyWrite Income ETF has a high expense ratio of 0.85%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in First Trust Hedged BuyWrite Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
First Trust Hedged BuyWrite Income ETF had a return of 1.56% year-to-date (YTD) and 5.52% in the last 12 months. Over the past 10 years, First Trust Hedged BuyWrite Income ETF had an annualized return of 0.64%, while the S&P 500 had an annualized return of 10.96%, indicating that First Trust Hedged BuyWrite Income ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 1.56% | 10.04% |
1 month | 0.00% | 3.53% |
6 months | 7.42% | 22.79% |
1 year | 5.52% | 32.16% |
5 years (annualized) | 0.10% | 13.15% |
10 years (annualized) | 0.64% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.56% | 0.00% | ||||||||||
2023 | -1.80% | -3.78% | -1.54% | 5.27% | 1.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for First Trust Hedged BuyWrite Income ETF (FTLB) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
First Trust Hedged BuyWrite Income ETF | 1.76 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
First Trust Hedged BuyWrite Income ETF granted a 11.59% dividend yield in the last twelve months. The annual payout for that period amounted to $2.33 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $2.33 | $2.28 | $1.78 | $0.66 | $0.66 | $0.66 | $0.37 | $0.63 | $0.64 | $0.24 | $0.67 |
Dividend yield | 11.59% | 11.49% | 9.85% | 3.05% | 3.27% | 2.95% | 1.82% | 2.74% | 3.02% | 1.20% | 3.30% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Hedged BuyWrite Income 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.20 | $0.20 | ||||||||||
2023 | $0.18 | $0.18 | $0.18 | $0.19 | $0.19 | $0.19 | $0.20 | $0.20 | $0.20 | $0.19 | $0.19 | $0.19 |
2022 | $0.06 | $0.06 | $0.06 | $0.06 | $0.21 | $0.21 | $0.20 | $0.20 | $0.20 | $0.18 | $0.18 | $0.18 |
2021 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 |
2020 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 |
2019 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 |
2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2017 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 |
2016 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.03 | $0.03 | $0.03 |
2014 | $0.07 | $0.06 | $0.01 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Hedged BuyWrite 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 Hedged BuyWrite Income ETF was 22.93%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current First Trust Hedged BuyWrite Income ETF drawdown is 12.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-22.93% | Apr 21, 2022 | 174 | Dec 28, 2022 | — | — | — |
-15.54% | Jan 21, 2020 | 44 | Mar 23, 2020 | 284 | May 18, 2021 | 328 |
-15.2% | Jan 24, 2018 | 228 | Dec 24, 2018 | 244 | Dec 26, 2019 | 472 |
-13.45% | Dec 9, 2015 | 21 | Jan 20, 2016 | 73 | Jul 15, 2016 | 94 |
-10.59% | Sep 23, 2014 | 14 | Oct 15, 2014 | 102 | May 21, 2015 | 116 |
Volatility
Volatility Chart
The current First Trust Hedged BuyWrite Income ETF volatility is 0.47%, 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.