NasdaqGM - Delayed Quote USD

First Trust Low Duration Opportunities ETF (LMBS)

49.31 +0.04 (+0.08%)
At close: September 6 at 4:00 PM EDT

ETF Summary

Under normal market conditions, the fund will seek to achieve its investment objectives by investing at least 60% of its net assets (including investment borrowings) in mortgage-related debt securities and other mortgage-related instruments (collectively, "Mortgage-Related Investments"). The advisor normally expects to invest in Mortgage-Related Investments tied to residential and commercial mortgages.

Risk Overview

Performance & Risk

YTD Return 5.06%
5y Average Return 1.77%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.37
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
LMBSCategory AverageLMBSCategory AverageLMBSCategory Average
Alpha 0.48 -1.34 0.1 -0.73 0 -0.59
BETA 0.37 0.32 0.36 0.32 0 0.32
Mean Annual Return 0.18 0.05 0.14 0.08 0 0.09
R-squared 84.54 77.79 75.64 69.24 0 67.72
Standard Deviation 3.16 2.9 2.7 2.42 0 1.97
Sharpe Ratio -0.52 -1.22 -0.28 -0.64 0 -0.34
Treynor Ratio -4.45 -12.56 -2.09 -5.28 0 -2.23

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