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 |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
FTLB features an expense ratio of 0.85%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FTLB vs. IQSA.L, FTLB vs. NFLT
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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 22.85% |
| 1 month | N/A | 4.16% |
| 6 months | N/A | 15.77% |
| 1 year | N/A | 35.40% |
| 5 years (annualized) | N/A | 14.46% |
| 10 years (annualized) | N/A | 12.04% |
Monthly Returns
The table below presents the monthly returns of FTLB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% | 1.56% | |||||||
| 2023 | 6.33% | -1.16% | 2.16% | 0.08% | -0.24% | 2.41% | 0.83% | -1.80% | -3.78% | -1.54% | 5.27% | 1.33% | 9.87% |
| 2022 | 0.00% | 1.48% | 3.87% | -5.07% | -0.62% | -6.87% | 6.48% | -4.69% | -10.23% | 3.15% | 1.02% | -4.20% | -15.77% |
| 2021 | 1.44% | 0.30% | 2.30% | 1.29% | 3.18% | -0.48% | -1.94% | 1.59% | 1.27% | 0.99% | -1.51% | 1.68% | 10.45% |
| 2020 | -1.43% | -4.41% | -7.13% | 3.15% | 0.51% | -0.08% | 2.93% | -0.39% | -5.28% | -1.27% | 3.81% | 3.41% | -6.67% |
| 2019 | 5.08% | 2.65% | -0.18% | 2.11% | -2.54% | 4.01% | 0.39% | -0.38% | 1.29% | 0.11% | 0.19% | 0.53% | 13.83% |
| 2018 | 1.03% | -4.07% | -0.94% | -0.85% | 2.55% | 1.31% | 1.14% | 2.28% | -0.63% | -4.45% | 0.46% | -7.56% | -9.78% |
| 2017 | -0.76% | 1.55% | -0.19% | 1.12% | -0.98% | 3.16% | 0.48% | 1.40% | 2.30% | 1.17% | 1.34% | 1.29% | 12.47% |
| 2016 | -4.66% | 2.28% | 3.50% | -2.37% | 2.52% | -1.26% | 4.05% | -0.70% | 0.38% | 0.39% | 4.60% | 1.64% | 10.40% |
| 2015 | -0.97% | 3.90% | -1.52% | 1.08% | 0.44% | -0.39% | -0.44% | -5.01% | -2.52% | 6.75% | 1.48% | -2.01% | 0.26% |
| 2014 | -3.24% | 1.88% | 1.73% | 0.17% | 1.14% | 1.83% | -2.17% | 2.29% | 2.74% | -2.75% | 1.36% | 0.27% | 5.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FTLB is 70, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Hedged BuyWrite Income ETF (FTLB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
First Trust Hedged BuyWrite Income ETF granted a 8.79% dividend yield in the last twelve months. The annual payout for that period amounted to $1.77 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.77 | $2.28 | $1.78 | $0.66 | $0.66 | $0.66 | $0.37 | $0.63 | $0.64 | $0.24 | $0.67 |
Dividend yield | 8.79% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $1.21 | ||||||
| 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 | $2.28 |
| 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 | $1.78 |
| 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 | $0.66 |
| 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 | $0.66 |
| 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 | $0.66 |
| 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 | $0.37 |
| 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 | $0.63 |
| 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 | $0.64 |
| 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 | $0.24 |
| 2014 | $0.07 | $0.06 | $0.01 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.67 |
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.
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.
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 0.00%, 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.