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First Trust Structured Credit Income Opportunities...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US33738D7701
Inception Date
Feb 27, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Bond

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 Structured Credit Income 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.


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S&P 500 Index

Returns By Period

First Trust Structured Credit Income Opportunities ETF (SCIO) has returned 0.75% so far this year and 7.17% over the past 12 months.


First Trust Structured Credit Income Opportunities ETF

1D
0.17%
1M
-0.64%
YTD
0.75%
6M
1.97%
1Y
7.17%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.11%
1M
-3.43%
YTD
-3.84%
6M
-1.98%
1Y
16.08%
3Y*
16.86%
5Y*
10.37%
10Y*
12.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 28, 2024, SCIO's average daily return is +0.03%, while the average monthly return is +0.62%. At this rate, your investment would double in approximately 9.3 years.

Historically, 85% of months were positive and 15% were negative. The best month was Aug 2025 with a return of +2.0%, while the worst month was Mar 2026 at -1.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 1 months.

On a daily basis, SCIO closed higher 53% of trading days. The best single day was Jun 23, 2025 with a return of +1.1%, while the worst single day was Jun 24, 2025 at -1.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.60%1.08%-1.07%0.15%0.75%
20251.01%1.87%0.60%0.23%0.50%1.77%0.27%1.97%-0.14%0.51%0.74%0.42%10.17%
20240.30%0.87%-0.62%0.80%0.77%1.04%1.18%1.21%-0.72%1.17%0.26%6.43%

Benchmark Metrics

First Trust Structured Credit Income Opportunities ETF has an annualized alpha of 8.32%, beta of 0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since February 29, 2024.

  • This ETF captured 27.06% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -10.75%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.00 may look defensive, but with R² of 0.00 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 0.00 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
8.32%
Beta
0.00
0.00
Upside Capture
27.06%
Downside Capture
-10.75%

Expense Ratio

SCIO has an expense ratio of 0.70%, placing it in the medium range.


Return for Risk

Risk / Return Rank

SCIO ranks 90 for risk / return — in the top 90% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


SCIO Risk / Return Rank: 9090
Overall Rank
SCIO Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
SCIO Sortino Ratio Rank: 9191
Sortino Ratio Rank
SCIO Omega Ratio Rank: 9090
Omega Ratio Rank
SCIO Calmar Ratio Rank: 9292
Calmar Ratio Rank
SCIO Martin Ratio Rank: 9090
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust Structured Credit Income Opportunities ETF (SCIO) and compare them to a chosen benchmark (S&P 500 Index).


SCIOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.82

0.88

+0.94

Sortino ratio

Return per unit of downside risk

2.73

1.37

+1.37

Omega ratio

Gain probability vs. loss probability

1.40

1.21

+0.19

Calmar ratio

Return relative to maximum drawdown

4.20

1.39

+2.81

Martin ratio

Return relative to average drawdown

13.78

6.43

+7.34

Explore SCIO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

First Trust Structured Credit Income Opportunities ETF provided a 6.17% dividend yield over the last twelve months, with an annual payout of $1.28 per share.


6.05%6.10%6.15%6.20%6.25%6.30%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.4020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$1.28$1.31$1.21

Dividend yield

6.17%6.31%6.02%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Structured Credit Income Opportunities ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.10$0.10$0.10$0.00$0.29
2025$0.11$0.11$0.11$0.12$0.12$0.12$0.12$0.12$0.12$0.11$0.10$0.10$1.31
2024$0.09$0.10$0.10$0.11$0.11$0.12$0.14$0.14$0.31$1.21

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 Structured Credit Income 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 Structured Credit Income Opportunities ETF was 1.72%, occurring on Mar 26, 2026. The portfolio has not yet recovered.

The current First Trust Structured Credit Income Opportunities ETF drawdown is 0.93%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-1.72%Mar 2, 202619Mar 26, 2026
-1.41%Apr 7, 20255Apr 11, 202517May 7, 202522
-0.98%Sep 4, 202518Sep 29, 202517Oct 22, 202535
-0.96%Jun 24, 20251Jun 24, 202513Jul 14, 202514
-0.89%Jul 15, 20252Jul 16, 202512Aug 1, 202514

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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