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First Trust Low Duration Mortgage Opportunities ETF (LMBS)

ETF · Currency in USD
ISIN
US33739Q2003
CUSIP
33739Q200
Issuer
First Trust
Inception Date
Nov 4, 2014
Region
North America (U.S.)
Category
Mortgage Backed Securities
Expense Ratio
0.68%
Index Tracked
NONE
ETF Home Page
www.ftportfolios.com
Asset Class
Bond

LMBSPrice Chart


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LMBSPerformance

The chart shows the growth of $10,000 invested in First Trust Low Duration Mortgage Opportunities ETF on Nov 6, 2014 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,974 for a total return of roughly 19.74%. All prices are adjusted for splits and dividends.


LMBS (First Trust Low Duration Mortgage Opportunities ETF)
Benchmark (S&P 500)

LMBSReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-0.32%0.43%
6M-0.82%9.37%
YTD-0.82%22.33%
1Y-0.73%26.59%
5Y1.64%15.74%
10Y2.59%12.33%

LMBSMonthly Returns Heatmap


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LMBSSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current First Trust Low Duration Mortgage Opportunities ETF Sharpe ratio is -0.54. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


LMBS (First Trust Low Duration Mortgage Opportunities ETF)
Benchmark (S&P 500)

LMBSDividends

First Trust Low Duration Mortgage Opportunities ETF granted a 2.06% dividend yield in the last twelve months, as of Nov 27, 2021. The annual payout for that period amounted to $1.03 per share.


PeriodTTM2020201920182017201620152014
Dividend$1.03$1.17$1.33$1.42$1.42$1.36$1.41$0.19

Dividend yield

2.06%2.27%2.56%2.77%2.74%2.60%2.79%0.37%

LMBSDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


LMBS (First Trust Low Duration Mortgage Opportunities ETF)
Benchmark (S&P 500)

LMBSWorst Drawdowns

The table below shows the maximum drawdowns of the First Trust Low Duration Mortgage Opportunities ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the First Trust Low Duration Mortgage Opportunities ETF is 5.35%, recorded on Mar 23, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.35%Mar 10, 202010Mar 23, 2020
-1.85%Jan 7, 201512Jan 23, 201533Mar 12, 201545
-1.25%Aug 25, 20154Aug 28, 201526Oct 6, 201530
-1.14%Apr 8, 201515Apr 28, 20157May 7, 201522
-0.97%Dec 5, 20141Dec 5, 201414Dec 26, 201415
-0.86%Nov 7, 201635Dec 27, 201667Apr 4, 2017102
-0.81%Feb 19, 20168Mar 1, 201612Mar 17, 201620
-0.74%Mar 16, 20152Mar 17, 20153Mar 20, 20155
-0.67%Oct 22, 201512Nov 6, 201510Nov 20, 201522
-0.67%Jan 12, 20164Jan 15, 20162Jan 20, 20166

LMBSVolatility Chart

Current First Trust Low Duration Mortgage Opportunities ETF volatility is 1.12%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


LMBS (First Trust Low Duration Mortgage Opportunities ETF)
Benchmark (S&P 500)

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