First Trust Low Duration Mortgage Opportunities ETF (LMBS)
LMBS is an actively managed ETF by First Trust. LMBS launched on Nov 4, 2014 and has a 0.68% expense ratio.
ETF Info
| ISIN | US33739Q2003 |
|---|---|
| CUSIP | 33739Q200 |
| Issuer | First Trust |
| Inception Date | Nov 4, 2014 |
| Region | North America (U.S.) |
| Category | Mortgage Backed Securities, Actively Managed |
| Index Tracked | No Index (Active) |
| Home Page | www.ftportfolios.com |
| Asset Class | Bond |
Expense Ratio
LMBS has a high expense ratio of 0.68%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in First Trust Low Duration Mortgage Opportunities 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 Low Duration Mortgage Opportunities ETF had a return of 0.80% year-to-date (YTD) and 4.27% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.80% | 8.76% |
| 1 month | 0.56% | -0.28% |
| 6 months | 4.04% | 18.36% |
| 1 year | 4.27% | 25.94% |
| 5 years (annualized) | 1.35% | 12.51% |
| 10 years (annualized) | N/A | 10.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.53% | -0.24% | 0.70% | -1.01% | ||||||||
| 2023 | -0.62% | 2.28% | 1.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LMBS is 67, 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.
LMBS (First Trust Low Duration Mortgage Opportunities ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Low Duration Mortgage Opportunities ETF (LMBS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
First Trust Low Duration Mortgage Opportunities ETF granted a 4.37% dividend yield in the last twelve months. The annual payout for that period amounted to $2.10 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.10 | $1.92 | $1.05 | $1.02 | $1.17 | $1.29 | $1.41 | $1.41 | $1.48 | $1.53 | $0.19 |
Dividend yield | 4.37% | 3.96% | 2.22% | 2.04% | 2.27% | 2.50% | 2.76% | 2.73% | 2.84% | 3.03% | 0.37% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Low Duration Mortgage Opportunities 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 | $0.19 | $0.19 | $0.18 | $0.18 | ||||||||
| 2023 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.15 | $0.17 | $0.18 | $0.21 | $0.21 | $0.20 |
| 2022 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.11 | $0.12 | $0.13 |
| 2021 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 |
| 2020 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.09 | $0.09 | $0.09 |
| 2019 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.11 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 |
| 2018 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 |
| 2017 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 |
| 2016 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 |
| 2015 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 |
| 2014 | $0.06 | $0.13 |
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 Low Duration Mortgage Opportunities 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 Low Duration Mortgage Opportunities ETF was 6.49%, occurring on Oct 21, 2022. Recovery took 285 trading sessions.
The current First Trust Low Duration Mortgage Opportunities ETF drawdown is 0.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.49% | Mar 10, 2020 | 662 | Oct 21, 2022 | 285 | Dec 11, 2023 | 947 |
| -1.84% | Jan 7, 2015 | 4 | Jan 23, 2015 | 17 | Mar 12, 2015 | 21 |
| -1.45% | Mar 28, 2024 | 13 | Apr 16, 2024 | — | — | — |
| -1.25% | Aug 25, 2015 | 4 | Aug 28, 2015 | 22 | Oct 6, 2015 | 26 |
| -0.97% | Dec 5, 2014 | 1 | Dec 5, 2014 | 6 | Dec 26, 2014 | 7 |
Volatility
Volatility Chart
The current First Trust Low Duration Mortgage Opportunities ETF volatility is 0.93%, 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.