First Trust Intermediate Government Opportunities ETF (MGOV)
MGOV is an actively managed ETF by First Trust. MGOV launched on Aug 2, 2023 and has a 0.65% expense ratio.
ETF Info
Aug 2, 2023
1x
No Index (Active)
Expense Ratio
MGOV has an expense ratio of 0.65%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
First Trust Intermediate Government Opportunities ETF (MGOV) returned 2.11% year-to-date (YTD) and 6.05% over the past 12 months.
MGOV
2.11%
-1.71%
0.62%
6.05%
N/A
N/A
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of MGOV, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.70% | 2.55% | 0.21% | 0.44% | -1.76% | 2.11% | |||||||
| 2024 | -0.08% | -1.23% | 0.78% | -2.77% | 1.96% | 1.18% | 2.36% | 1.79% | 1.49% | -3.15% | 1.35% | -1.91% | 1.58% |
| 2023 | 0.35% | -2.73% | -1.90% | 5.23% | 3.77% | 4.56% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MGOV is 66, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Intermediate Government Opportunities ETF (MGOV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
First Trust Intermediate Government Opportunities ETF provided a 5.25% dividend yield over the last twelve months, with an annual payout of $1.04 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $1.04 | $1.01 | $0.30 |
Dividend yield | 5.25% | 5.08% | 1.48% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Intermediate Government 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.09 | $0.09 | $0.09 | $0.08 | $0.08 | $0.43 | |||||||
| 2024 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $1.01 |
| 2023 | $0.08 | $0.08 | $0.08 | $0.08 | $0.30 |
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 Intermediate Government 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 Intermediate Government Opportunities ETF was 6.11%, occurring on Oct 19, 2023. Recovery took 28 trading sessions.
The current First Trust Intermediate Government Opportunities ETF drawdown is 2.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.11% | Aug 10, 2023 | 50 | Oct 19, 2023 | 28 | Nov 29, 2023 | 78 |
| -5.73% | Sep 17, 2024 | 81 | Jan 13, 2025 | — | — | — |
| -3.99% | Feb 2, 2024 | 51 | Apr 16, 2024 | 42 | Jun 14, 2024 | 93 |
| -1.85% | Dec 28, 2023 | 18 | Jan 24, 2024 | 6 | Feb 1, 2024 | 24 |
| -1.68% | Jun 26, 2024 | 4 | Jul 1, 2024 | 7 | Jul 11, 2024 | 11 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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