First Trust Long Etf Profile
LGOV Etf | USD 21.48 0.03 0.14% |
PerformanceOK
| Odds Of DistressLow
|
First Trust is selling for under 21.48 as of the 19th of March 2025; that is 0.14 percent increase since the beginning of the trading day. The etf's lowest day price was 21.39. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Under normal market conditions, the fund will invest at least 80 percent of its net assets 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. More on First Trust Long
Moving together with First Etf
First Etf Highlights
Thematic Ideas | (View all Themes) |
Old Name | SPDR Barclays 10+ Euro Government Bond UCITS |
Business Concentration | Strategy ETFs, Broad Debt ETFs, Long Government, First Trust (View all Sectors) |
Issuer | First Trust |
Inception Date | 2019-01-22 |
Benchmark | Not Applicable |
Entity Type | Regulated Investment Company |
Asset Under Management | 658.52 Million |
Average Trading Valume | 262,802 |
Asset Type | Fixed Income |
Category | Broad Debt |
Focus | Strategy |
Market Concentration | Developed Markets |
Region | North America |
Administrator | The Bank of New York Mellon Corporation |
Advisor | First Trust Advisors L.P. |
Custodian | The Bank of New York Mellon Corporation |
Distributor | First Trust Portfolios L.P. |
Portfolio Manager | Jim Snyder, Jeremiah Charles |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Nov |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 144 |
Market Maker | Susquehanna |
Total Expense | 0.67 |
Management Fee | 0.65 |
Country Name | USA |
Returns Y T D | 3.62 |
Name | First Trust Long Duration Opportunities ETF |
Currency Code | USD |
Open Figi | BBG00N0WX0M7 |
In Threey Volatility | 11.95 |
1y Volatility | 10.65 |
200 Day M A | 21.4807 |
50 Day M A | 21.0545 |
Code | LGOV |
Updated At | 18th of March 2025 |
Currency Name | US Dollar |
First Trust Long [LGOV] is traded in USA and was established 2019-01-22. The fund is listed under Long Government category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust Long now have 18.87 M in assets. , while the total return for the last 3 years was -3.2%.
Check First Trust Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Long Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top First Trust Long Etf Constituents
TLT | iShares 20 Year | Etf | Long Government |
First Trust Top Holders
FDIV | MarketDesk Focused Dividend | Etf | Multisector Bond |
First Trust Long Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | 0.0417 | |||
Treynor Ratio | (0.22) |
First Trust Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of First Trust Long is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.