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First Trust Hedged BuyWrite Income ETF (FTLB)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS33738R4074
CUSIP33738R407
IssuerFirst Trust
Inception DateJan 6, 2014
RegionDeveloped Markets (Broad)
CategoryLong-Short, Actively Managed
Index TrackedNo Index (Active)
Asset ClassEquity

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.


0.50%1.00%1.50%2.00%0.85%

Share Price Chart


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First Trust Hedged BuyWrite Income ETF

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.


0.00%50.00%100.00%150.00%OctoberNovemberDecember2024FebruaryMarch
30.22%
178.42%
FTLB (First Trust Hedged BuyWrite Income ETF)
Benchmark (^GSPC)

S&P 500

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.


PeriodReturnBenchmark
Year-To-Date1.56%10.04%
1 month0.00%3.53%
6 months7.42%22.79%
1 year5.52%32.16%
5 years (annualized)0.10%13.15%
10 years (annualized)0.64%10.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20241.56%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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FTLB
First Trust Hedged BuyWrite Income ETF
1.76
^GSPC
S&P 500
2.76

Sharpe Ratio

The current First Trust Hedged BuyWrite Income ETF Sharpe ratio is 1.76. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
1.76
2.21
FTLB (First Trust Hedged BuyWrite Income ETF)
Benchmark (^GSPC)

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.


PeriodTTM2023202220212020201920182017201620152014
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-12.00%
-0.39%
FTLB (First Trust Hedged BuyWrite Income ETF)
Benchmark (^GSPC)

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, 2022174Dec 28, 2022
-15.54%Jan 21, 202044Mar 23, 2020284May 18, 2021328
-15.2%Jan 24, 2018228Dec 24, 2018244Dec 26, 2019472
-13.45%Dec 9, 201521Jan 20, 201673Jul 15, 201694
-10.59%Sep 23, 201414Oct 15, 2014102May 21, 2015116

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.


0.00%2.00%4.00%6.00%8.00%OctoberNovemberDecember2024FebruaryMarch
0.47%
1.82%
FTLB (First Trust Hedged BuyWrite Income ETF)
Benchmark (^GSPC)