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NasdaqGM - Nasdaq Real Time Price USD

First Trust California Municipal High Income ETF (FCAL)

48.13
+0.06
+(0.12%)
As of 1:37:30 PM EDT. Market Open.

ETF Summary

The fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes and California income taxes. It will invest no more than 50% of its net assets in Municipal Securities that are, at the time of investment, not investment grade, commonly referred to as "high yield" or "junk" bonds.

Risk Overview

Performance & Risk

YTD Return -1.59%
5y Average Return 1.83%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.87
Morningstar Risk Rating --

Risk Statistics

3 Years 5 Years 10 Years
FCALCategory AverageFCALCategory AverageFCALCategory Average
Alpha -0.4 0.15 0.63 0.3 0 -0.16
BETA 0.87 1.15 0.93 1.15 0 1.17
Mean Annual Return 0.19 0.19 0.17 0.12 0 0.17
R-squared 97.89 97.02 96.2 97 0 95.99
Standard Deviation 6.27 8.34 5.98 7.41 0 6.12
Sharpe Ratio -0.37 -0.29 -0.12 -0.19 0 0.01
Treynor Ratio -2.96 -2.46 -1 -1.5 0 -0.1

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