First Trust SSI Strategic Convertible Securities ETF

10-Year Study

FCVT.US · · US · ETF

Executive Summary: First Trust SSI Strategic Convertible Securities ETF has compounded at 11.0% annually over the last 10 years, with a maximum drawdown of 31.6% and an annualized volatility of 19.8%.

1Y CAGR
+37.7%
3Y CAGR
+18.7%
5Y CAGR
+4.4%
10Y CAGR
+11.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
31.6%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.52
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.86
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
14.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · +51.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -20.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20266.20.4-4.411.4————————13.5%
20252.9-3.0-4.31.34.75.62.51.96.03.9-1.8-0.919.7%
2024-1.71.62.8-3.12.20.80.62.62.40.18.2-4.511.9%
20233.4-1.9-0.3-1.8-0.45.02.3-3.6-3.2-5.17.26.17.1%
2022-7.80.22.6-8.1-3.5-7.05.30.6-6.43.02.3-3.1-20.9%
20212.74.6-4.42.8-2.32.6-1.32.1-2.02.9-3.3-5.0-1.1%
20202.7-3.5-12.512.56.24.38.88.6-3.60.413.37.851.0%
20196.73.60.32.6-2.93.92.3-1.7-0.71.73.51.322.3%
20183.5-1.70.7-0.53.7-0.90.24.2-0.5-6.50.7-4.6-2.3%
20171.51.61.01.31.9-0.32.50.21.21.60.3-0.812.7%
2016———2.1-1.51.85.70.60.5-2.91.61.49.5%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 19.8%. The dominant macroeconomic risk driver is VTI.US, accounting for 67.8% of variance. Idiosyncratic stock-specific factors contribute 5.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110209.302190222865
2016-05-0110055.64318516492
2016-06-0110238.346070345557
2016-07-0110824.927681320536
2016-08-0110887.4389583782
2016-09-0110945.934147803666
2016-10-0110628.663224860164
2016-11-0110795.767392860678
2016-12-0110946.981822838152
2017-01-0111115.424686716062
2017-02-0111292.365359207026
2017-03-0111402.254829490888
2017-04-0111554.51693450285
2017-05-0111768.766479055228
2017-06-0111736.463165491912
2017-07-0112033.188016925771
2017-08-0112052.57000506376
2017-09-0112192.958459684882
2017-10-0112393.879249631858
2017-11-0112431.30453003044
2017-12-0112332.648464283011
2018-01-0112766.502336897367
2018-02-0112554.115325739627
2018-03-0112643.749745356761
2018-04-0112581.29667246768
2018-05-0113042.390095978673
2018-06-0112920.917996146884
2018-07-0112942.278926016681
2018-08-0113486.313289757813
2018-09-0113420.65898759669
2018-10-0112544.744454597838
2018-11-0112637.056265969768
2018-12-0112051.81335087219
2019-01-0112862.422806721417
2019-02-0113327.357705358858
2019-03-0113367.343969175072
2019-04-0113718.897147413696
2019-05-0113322.64316770367
2019-06-0113838.681326356593
2019-07-0114156.650699323083
2019-08-0113918.013608134614
2019-09-0113825.003346739693
2019-10-0114055.608262663773
2019-11-0114545.570953791708
2019-12-0114739.972876857439
2020-01-0115136.28506073605
2020-02-0114608.6642725352
2020-03-0112782.04284990891
2020-04-0114384.811040166696
2020-05-0115271.784365196232
2020-06-0115926.232036738471
2020-07-0117325.80947447456
2020-08-0118814.38108597338
2020-09-0118146.31363898282
2020-10-0118213.888678707168
2020-11-0120640.595079419585
2020-12-0122260.708111914973
2021-01-0122864.576360958974
2021-02-0123924.357862510115
2021-03-0122882.095815702316
2021-04-0123520.479136715767
2021-05-0122969.11104773324
2021-06-0123571.64060089983
2021-07-0123261.295974017663
2021-08-0123751.08405263985
2021-09-0123279.222857941084
2021-10-0123944.089075659595
2021-11-0123165.25909585644
2021-12-0122010.43018700999
2022-01-0120285.375038560258
2022-02-0120318.20218964082
2022-03-0120838.89668178035
2022-04-0119145.73741771386
2022-05-0118482.6755292214
2022-06-0117191.881682566105
2022-07-0118101.671041680005
2022-08-0118213.364841189927
2022-09-0117046.022036098224
2022-10-0117563.864523977205
2022-11-0117972.63239993248
2022-12-0117414.86185240587
2023-01-0118008.486167779338
2023-02-0117661.822139701642
2023-03-0117601.75543772445
2023-04-0117286.987294029997
2023-05-0117225.98932535548
2023-06-0118083.511341082245
2023-07-0118504.50209243986
2023-08-0117845.281679073854
2023-09-0117267.954530903502
2023-10-0116389.479014487017
2023-11-0117575.272541019385
2023-12-0118655.13448073151
2024-01-0118336.00102439337
2024-02-0118633.1333050073
2024-03-0119149.69530117747
2024-04-0118548.911873068348
2024-05-0118953.605457222846
2024-06-0119100.047145376553
2024-07-0119218.08519926197
2024-08-0119720.678194972323
2024-09-0120195.507802268796
2024-10-0120212.270602820572
2024-11-0121860.78726958424
2024-12-0120879.173966439474
2025-01-0121483.275032157802
2025-02-0120836.219290025547
2025-03-0119948.78033164735
2025-04-0120217.508977993002
2025-05-0121165.247455022723
2025-06-0122346.79207724857
2025-07-0122905.610299809672
2025-08-0123338.532905726708
2025-09-0124732.348130773127
2025-10-0125692.309483205187
2025-11-0125220.33188016926
2025-12-0124998.80681454406
2026-01-0126550.471744786362
2026-02-0126651.106752265594
2026-03-0125471.715684277307
2026-04-0128386.114813542943
Annual Return Matrix
YearAnnual Return
20170.12657978828045668
2018-0.02277167911046518
20190.22305021225629162
20200.510227209906573
2021-0.011243035201158769
2022-0.2087904823103509
20230.07121920568978246
20240.11921862519968052
20250.19730822946953497
20260.13549878696723172
Total Factor Risk
0.1984284313199104
VTI.US Exposure
0.6775071390985639
VEA.US Exposure
-0.003686039798394051
VWO.US Exposure
-0.002035320124324317
QQQ.US Exposure
-0.12318120606483049
VTV.US Exposure
-0.10141665742822667
IJR.US Exposure
0.09745722409674215
QUAL.US Exposure
-0.05272654352976586
SHV.US Exposure
0.4092765606922049
TLT.US Exposure
0.02525377425429763
LQD.US Exposure
0.013302699710243478
HYG.US Exposure
-0.01680590250591184
GLD.US Exposure
0.007901020376539529
USO.US Exposure
-0.00015544427230733987
VNQ.US Exposure
0.017102733559095556
BTC-USD.CC Exposure
0.012958690181093108
CPER.US Exposure
0.00775790236785891
VIX.INDX Exposure
-0.01470529538533294
UUP.US Exposure
-0.0036396689036879764
TIP.US Exposure
-0.0036913856037697193
Idiosyncratic Exposure
0.053525719279911815
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
19.8%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$52
Avg Yield on Cost
0.52%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$52.380.52%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+6.5%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+13.6%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.20
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is First Trust SSI Strategic Convertible Securities ETF a high-risk investment?

First Trust SSI Strategic Convertible Securities ETF (FCVT.US) has an annualized volatility of 19.8% and experienced a maximum drawdown of 31.6% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of FCVT.US?

Over the past 10 years, FCVT.US has generated a Compound Annual Growth Rate (CAGR) of 11.0%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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