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First Trust Long Duration Opportunities ETF (LGOV)

21.06 -0.07 (-0.33%)
At close: November 21 at 4:00 PM EST

ETF Summary

Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in a portfolio of investment-grade debt securities issued or guaranteed by the U.S. government, its agencies or government-sponsored entities, including publicly-issued U.S. Treasury securities and mortgage-related securities. It may also invest in exchange-traded funds ("ETFs") that principally invest in such securities.

Risk Overview

Performance & Risk

YTD Return -1.01%
5y Average Return -2.06%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.45
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
LGOVCategory AverageLGOVCategory AverageLGOVCategory Average
Alpha -0.58 -2.1 -0.4 -1.36 0 -0.43
BETA 1.45 2.06 1.47 2.12 0 2.4
Mean Annual Return -0.43 -0.85 -0.14 -0.35 0 0.08
R-squared 92.88 88.61 88.51 81.18 0 79.02
Standard Deviation 11.54 16.72 9.88 14.92 0 13.53
Sharpe Ratio -0.8 -0.85 -0.42 -0.45 0 -0.07
Treynor Ratio -6.66 -7.32 -3.14 -3.63 0 -0.77

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