First Trust US Equity Opportunities ETF

10-Year Study

FPX.US · · US · ETF

Executive Summary: First Trust US Equity Opportunities ETF has compounded at 13.8% annually over the last 10 years, with a maximum drawdown of 40.4% and an annualized volatility of 33.4%.

1Y CAGR
+31.9%
3Y CAGR
+30.6%
5Y CAGR
+8.4%
10Y CAGR
+13.8%

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 →
40.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.56
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.89
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
21.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · +47.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -35.1%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.01.8-4.710.9————————7.6%
202510.0-6.7-8.96.615.35.65.0-0.910.51.9-4.41.337.6%
2024-2.49.73.1-6.40.6-0.30.83.46.41.415.0-6.924.7%
20238.1-1.70.7-4.81.68.48.2-7.5-4.8-8.514.09.522.3%
2022-13.2-0.73.3-11.9-4.8-10.19.1-1.0-8.67.3-0.9-8.2-35.1%
20213.73.5-6.14.1-2.45.3-0.51.7-4.35.9-5.4-0.93.7%
20202.0-6.5-17.615.311.23.87.27.9-0.2-1.118.24.947.9%
201912.04.73.02.7-4.46.12.0-0.6-3.81.43.81.030.4%
20186.6-3.2-2.50.03.01.3-1.07.0-1.7-8.50.2-8.6-8.3%
20172.72.41.11.91.60.61.91.14.03.22.51.227.0%
2016———1.61.8-2.15.50.91.2-3.62.70.98.8%

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 33.4%. The dominant macroeconomic risk driver is VTI.US, accounting for 108.2% of variance. Idiosyncratic stock-specific factors contribute 7.1%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110163.873221314278
2016-05-0110343.714009694444
2016-06-0110124.428901085455
2016-07-0110677.556392721996
2016-08-0110771.737617225568
2016-09-0110896.799314892236
2016-10-0110502.988909185253
2016-11-0110782.410786228658
2016-12-0110884.143383268014
2017-01-0111173.690005610797
2017-02-0111443.134789890444
2017-03-0111569.230055306421
2017-04-0111791.004163801506
2017-05-0111974.494079133323
2017-06-0112051.864007796054
2017-07-0112284.03707344237
2017-08-0112419.30788928591
2017-09-0112915.357129297216
2017-10-0113323.953881785163
2017-11-0113661.740696835595
2017-12-0113826.056875756718
2018-01-0114735.76524090566
2018-02-0114265.702847162751
2018-03-0113909.607117695945
2018-04-0113915.681964875572
2018-05-0114339.782233603186
2018-06-0114530.232911328325
2018-07-0114383.76159599735
2018-08-0115394.759600578796
2018-09-0115129.427994077025
2018-10-0113845.821222309874
2018-11-0113866.893348464202
2018-12-0112672.29996245407
2019-01-0114187.404816847575
2019-02-0114859.223853899926
2019-03-0115302.392392941365
2019-04-0115721.261543264305
2019-05-0115030.627354530612
2019-06-0115946.284007542938
2019-07-0116271.499263846645
2019-08-0116177.360225781818
2019-09-0115558.232050724973
2019-10-0115770.598583379387
2019-11-0116363.592259632218
2019-12-0116521.707032057475
2020-01-0116858.92433018482
2020-02-0115756.803617908987
2020-03-0112986.9897022903
2020-04-0114971.840552136111
2020-05-0116655.754441177338
2020-06-0117286.77919196095
2020-07-0118524.63477090654
2020-08-0119981.205941538035
2020-09-0119946.908366836396
2020-10-0119717.793817999263
2020-11-0123296.84909488996
2020-12-0124433.22519542868
2021-01-0125331.564315335192
2021-02-0126229.92452846108
2021-03-0124625.257864606843
2021-04-0125627.628742464447
2021-05-0125009.68178769253
2021-06-0126344.79820117025
2021-07-0126214.589757976402
2021-08-0126654.80524630552
2021-09-0125519.715832148595
2021-10-0127034.230076399643
2021-11-0125567.28104183629
2021-12-0125335.656399893687
2022-01-0121997.823179760635
2022-02-0121846.859008703064
2022-03-0122572.14935686774
2022-04-0119888.227030538765
2022-05-0118934.286184363173
2022-06-0117030.45439013175
2022-07-0118576.988141392067
2022-08-0118398.68715802618
2022-09-0116824.183797876336
2022-10-0118055.437199157957
2022-11-0117901.79418923993
2022-12-0116440.26611205562
2023-01-0117771.26934775547
2023-02-0117464.10988723565
2023-03-0117592.230101711502
2023-04-0116750.821580894608
2023-05-0117027.10056825133
2023-06-0118465.004239737096
2023-07-0119987.53390735014
2023-08-0118490.147357230544
2023-09-0117599.80256746666
2023-10-0116112.224364355834
2023-11-0118363.081803723373
2023-12-0120100.256071683198
2024-01-0119616.040127740536
2024-02-0121517.277455989
2024-03-0122179.794383297547
2024-04-0120760.558210957508
2024-05-0120884.333222242378
2024-06-0120824.512852098564
2024-07-0120997.540530621027
2024-08-0121706.525820209834
2024-09-0123100.218103888325
2024-10-0123423.070919622176
2024-11-0126936.63175035753
2024-12-0125074.2692254148
2025-01-0127573.09855173956
2025-02-0125739.38061870631
2025-03-0123445.450825377673
2025-04-0124981.353594073647
2025-05-0128804.288673363062
2025-06-0130425.19711613505
2025-07-0131959.981944204214
2025-08-0131661.85038157634
2025-09-0135001.181220284925
2025-10-0135664.73171534279
2025-11-0134078.54271165991
2025-12-0134506.39757343604
2026-01-0134523.272148935
2026-02-0135158.17805208338
2026-03-0133498.14168737318
2026-04-0137140.94067321119
Annual Return Matrix
YearAnnual Return
20170.2702935259940853
2018-0.08344800861666524
20190.30376546333408805
20200.47885597705008864
20210.036934592025691826
2022-0.3511016311334012
20230.22262352292118393
20240.24746018836739503
20250.3761676267901368
20260.07634941011064256
Total Factor Risk
0.3344605002454095
VTI.US Exposure
1.0823382302496476
VEA.US Exposure
0.00017610784622098676
VWO.US Exposure
-0.016344984928447256
QQQ.US Exposure
-0.11241543718602755
VTV.US Exposure
-0.07949506451397413
IJR.US Exposure
0.008619558622685593
QUAL.US Exposure
-0.15308887883337643
SHV.US Exposure
0.1612891658007137
TLT.US Exposure
0.014842144622522105
LQD.US Exposure
0.01802613099944888
HYG.US Exposure
-0.02113881262522764
GLD.US Exposure
0.01238701764515506
USO.US Exposure
-0.00002860431519528336
VNQ.US Exposure
-0.00982772207007411
BTC-USD.CC Exposure
0.01211697247485566
CPER.US Exposure
-0.0012851029760971818
VIX.INDX Exposure
0.015827664547001987
UUP.US Exposure
-0.0011118291817230315
TIP.US Exposure
-0.002247643009458329
Idiosyncratic Exposure
0.0713610868313493
Value Score
41.9
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
6.2
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
33.4%

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 →20.2x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.52%
Market Cap$33.3B
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
$16
Avg Yield on Cost
0.16%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$16.450.16%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 →
+7.1%
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 →
+9.7%
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 →
1.65
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is First Trust US Equity Opportunities ETF a high-risk investment?

First Trust US Equity Opportunities ETF (FPX.US) has an annualized volatility of 33.4% and experienced a maximum drawdown of 40.4% over the last 10 years. Its primary macro risk driver is VTI.US.

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

Over the past 10 years, FPX.US has generated a Compound Annual Growth Rate (CAGR) of 13.8%. It has had a positive return in 80% 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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