CAAA vs. LDSF
Compare and contrast key facts about First Trust Commercial Mortgage Opportunities ETF (CAAA) and First Trust Low Duration Strategic Focus ETF (LDSF).
CAAA and LDSF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CAAA is an actively managed fund by First Trust. It was launched on Feb 26, 2024. LDSF is an actively managed fund by First Trust. It was launched on Jan 3, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAAA or LDSF.
Correlation
The correlation between CAAA and LDSF is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CAAA vs. LDSF - Performance Comparison
Key characteristics
CAAA:
3.21%
LDSF:
2.67%
CAAA:
-2.24%
LDSF:
-8.56%
CAAA:
-0.51%
LDSF:
-0.37%
Returns By Period
In the year-to-date period, CAAA achieves a 0.72% return, which is significantly higher than LDSF's 0.65% return.
CAAA
0.72%
0.45%
0.78%
N/A
N/A
N/A
LDSF
0.65%
0.53%
0.85%
4.96%
1.36%
N/A
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CAAA vs. LDSF - Expense Ratio Comparison
CAAA has a 0.55% expense ratio, which is lower than LDSF's 0.77% expense ratio.
Risk-Adjusted Performance
CAAA vs. LDSF — Risk-Adjusted Performance Rank
CAAA
LDSF
CAAA vs. LDSF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Commercial Mortgage Opportunities ETF (CAAA) and First Trust Low Duration Strategic Focus ETF (LDSF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
CAAA vs. LDSF - Dividend Comparison
CAAA's dividend yield for the trailing twelve months is around 4.56%, more than LDSF's 4.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
CAAA First Trust Commercial Mortgage Opportunities ETF | 4.56% | 4.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LDSF First Trust Low Duration Strategic Focus ETF | 4.18% | 4.54% | 4.09% | 2.62% | 1.97% | 2.65% | 3.07% |
Drawdowns
CAAA vs. LDSF - Drawdown Comparison
The maximum CAAA drawdown since its inception was -2.24%, smaller than the maximum LDSF drawdown of -8.56%. Use the drawdown chart below to compare losses from any high point for CAAA and LDSF. For additional features, visit the drawdowns tool.
Volatility
CAAA vs. LDSF - Volatility Comparison
First Trust Commercial Mortgage Opportunities ETF (CAAA) has a higher volatility of 1.08% compared to First Trust Low Duration Strategic Focus ETF (LDSF) at 0.67%. This indicates that CAAA's price experiences larger fluctuations and is considered to be riskier than LDSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.