Nasdaq - Delayed Quote USD
FirstTrust Merger Arbitrage Cl A (VARAX)
10.46
0.00
(0.00%)
As of 8:09:25 AM EDT. Market Open.
Performance Overview
| Morningstar Return Rating | -- |
| YTD Return | 1.16% |
| 5y Average Return | 4.44% |
| Number of Years Up | 9 |
| Number of Years Down | -- |
| Best 1Y Total Return (Apr 9, 2025) | 5.31% |
| Worst 1Y Total Return (Apr 9, 2025) | -- |
| Best 3Y Total Return | 5.31% |
| Worst 3Y Total Return | 2.42% |
Trailing Returns (%) Vs. Benchmarks
Monthly Total Returns
VARAX
Category
- YTD
- 1.26%
- 4.64%
- 1-Month
- 0.38%
- -0.23%
- 3-Month
- 1.26%
- 1.87%
- 1-Year
- 5.12%
- 13.76%
- 3-Year
- 3.66%
- 6.25%
- 5-Year
- 4.54%
- 5.34%
- 10-Year
- 0.00%
- 4.15%
- Last Bull Market
- 2.73%
- 8.78%
- Last Bear Market
- -1.05%
- -6.83%
Annual Total Return (%) History
Year
VARAX
Category
Past Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2025 | 1.26% | -- | -- | -- |
| 2024 | 1.44% | 1.51% | 1.21% | 1.05% |
| 2023 | 0.48% | 0.00% | 1.23% | 1.13% |
| 2022 | 0.58% | -1.05% | 0.78% | 1.84% |
| 2021 | 2.90% | 0.82% | 0.72% | 0.62% |
| 2020 | -2.21% | 1.08% | 0.58% | 4.26% |
| 2019 | 0.85% | 0.47% | 1.50% | 1.06% |
| 2018 | -0.77% | 0.97% | 1.25% | 2.36% |
| 2017 | 0.48% | 1.74% | 0.76% | -0.87% |
| 2016 | 2.26% | 0.38% | -1.91% | 0.64% |
Rank in Category (By Total Return)
| YTD | 62 |
| 1-Month | 13 |
| 3-Month | 62 |
| 1-Year | 48 |
| 3-Year | 34 |
| 5-Year | 59 |
Load Adjusted Returns
| 1-Year | 0.39% |
| 3-Year | 2.08% |
| 5-Year | 3.58% |
| 10-Year | -- |
Performance & Risk
| YTD Return | 1.16% |
| 5y Average Return | 4.44% |
| Rank in Category (ytd) | 62 |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 0.01 |
| Morningstar Risk Rating |
Fund Overview
| Category | Event Driven |
| Fund Family | First Trust |
| Net Assets | 1.5B |
| YTD Return | 1.26% |
| Yield | 2.28% |
| Morningstar Rating | |
| Inception Date | Jan 31, 2024 |
Fund Summary
Under normal market conditions, the fund's adviser intends to invest in equity securities (publicly-traded common stock and preferred stock) and derivatives thereof of companies that are involved in a significant corporate event, such as a merger or acquisition. Investments in companies undergoing a merger or acquisition have both risk and return characteristics that are different from the risks of investing in the general stock market. It may invest in equity securities of any market capitalization.
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