- Issuer
- First Trust
- Inception Date
- Nov 29, 2017
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- First Trust FactorFX UCITS ETF Class B GBP
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
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Performance
FXGB.L Performance Chart
First Trust FactorFX UCITS ETF Class B GBP (FXGB.L) is up 6.4% since the beginning of the year. FXGB.L is currently trading at £21 per share. Investors who bought £1,000 worth of FXGB.L shares 5 years ago would now be looking at an investment worth £1,280.
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Returns By Period
First Trust FactorFX UCITS ETF Class B GBP (FXGB.L) has returned 6.36% so far this year and 11.05% over the past 12 months.
First Trust FactorFX UCITS ETF Class B GBP
- 1D
- 1.17%
- 1M
- 1.83%
- 6M
- 6.32%
- YTD
- 6.36%
- 1Y
- 11.05%
- 3Y*
- 6.35%
- 5Y*
- 5.06%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.66%
- 1M
- -0.64%
- 6M
- 8.66%
- YTD
- 10.17%
- 1Y
- 19.99%
- 3Y*
- 17.60%
- 5Y*
- 12.23%
- 10Y*
- 13.06%
FXGB.L Monthly Returns History
Based on dividend-adjusted daily data since Nov 29, 2017, FXGB.L's average daily return is +0.01%, while the average monthly return is +0.25%. At this rate, an investment would double in approximately 23.1 years.
Historically, 61% of months were positive and 39% were negative. The best month was Mar 2023 with a return of +3.8%, while the worst month was Mar 2020 at -3.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FXGB.L closed higher 51% of trading days. The best single day was Mar 15, 2022 with a return of +3.0%, while the worst single day was Feb 6, 2026 at -2.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.76% | 1.77% | -2.55% | 1.78% | 0.35% | 1.23% | 1.94% | 6.36% | |||||
| 2025 | 1.44% | 0.31% | 0.39% | 0.00% | 2.23% | -0.97% | 2.05% | 0.79% | 2.11% | -1.99% | 1.10% | 0.09% | 7.73% |
| 2024 | 0.35% | 0.73% | 1.59% | 1.37% | 0.53% | -0.28% | -1.57% | -1.45% | 1.85% | 0.26% | 0.64% | 1.72% | 5.81% |
| 2023 | 3.17% | -0.96% | 3.77% | 1.13% | 1.27% | 2.79% | 0.04% | -1.04% | -0.79% | 3.10% | -2.43% | 0.35% | 10.67% |
| 2022 | -0.24% | -1.56% | 2.96% | -2.40% | 1.26% | -3.07% | 0.07% | 0.89% | -1.85% | 1.29% | 0.34% | 0.65% | -1.83% |
| 2021 | -0.74% | -0.17% | 0.14% | -0.51% | 1.55% | -0.91% | -0.68% | 0.47% | -0.64% | -0.24% | -0.96% | -0.19% | -2.87% |
Benchmark Metrics
First Trust FactorFX UCITS ETF Class B GBP has an annualized alpha of 2.57%, beta of 0.04, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since November 29, 2017.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (12.27%) than losses (8.18%) - typical of diversified or defensive assets.
- Beta of 0.04 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.57%
- Beta
- 0.04
- R²
- 0.01
- Upside Capture
- 12.27%
- Downside Capture
- 8.18%
Return for Risk
Risk / Return Rank
FXGB.L ranks 42 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust FactorFX UCITS ETF Class B GBP (FXGB.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FXGB.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.31 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 2.50 | +0.04 |
| Martin ratioReturn relative to average drawdown | 7.10 | 9.11 | -2.01 |
Dividends
Dividend History
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 FactorFX UCITS ETF Class B GBP. 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 FactorFX UCITS ETF Class B GBP was 9.43%, occurring on Jul 14, 2022. Recovery took 186 trading sessions.
The current First Trust FactorFX UCITS ETF Class B GBP drawdown is 0.01%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-9.43%Jul 2022 | 4y 5mo | 9mo 1d | 5y 2moJan 2018 - Apr 2023 | Bear market2022 |
-6.86%Aug 2024 | 2mo 8d | 4mo 24d | 7mo 2dMay 2024 - Dec 2024 | — |
-4.33%Oct 2025 | 19d | 3mo 16d | 4mo 5dSep 2025 - Jan 2026 | — |
-3.68%Mar 2026 | 14d | 1mo 13d | 1mo 27dMar 2026 - Apr 2026 | — |
-3.45%Aug 2023 | 1mo 6d | 2mo 9d | 3mo 15dJun 2023 - Oct 2023 | — |
Drawdown Indicators
| FXGB.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.43% | -37.07% | +27.64% |
Max Drawdown (1Y)Largest decline over 1 year | -4.33% | -8.03% | +3.70% |
Max Drawdown (3Y)Largest decline over 3 years | -6.86% | -22.15% | +15.29% |
Max Drawdown (5Y)Largest decline over 5 years | -7.83% | -22.15% | +14.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.01% | — |
Current DrawdownCurrent decline from peak | -0.01% | -1.42% | +1.41% |
Average DrawdownAverage peak-to-trough decline | -2.72% | -5.29% | +2.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 2.20% | -0.65% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with FXGB.L
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