First Trust Exchange-Traded Fund VI First Trust International Developed Capital Strength ETF
Snapshot*
Top 10 Holdings
What is FICS?
The First Trust International Developed Capital Strength ETF seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength Index. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 90% of its net assets (including investment borrowings) in the common stocks and real estate investment trusts ("REITs") that comprise The International Developed Capital Strength Index. The Index seeks to provide exposure to well-capitalized companies in the developed markets outside of the U.S. with strong market positions that have the potential to provide their stockholders with a greater degree of stability and performance over time.The Index Provider classifies a country as developed based on quantitative criteria including: (1) having at least $20 thousand gross national income per capita for three consecutive years; (2) having at least a $30 billion market capitalization; (3)having at least a $10 billion annual turnover; (4) having at least a 45% float ratio; and (5) having at least ten securities that meet allthe eligibility requirements for the NASDAQ Global Index.
FICSPerformance Measures**
for the time period Dec 16, 2020 to Aug 6, 2026
1M Trailing Return: 1.5%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 5.4%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -29.2%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 16.8%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.56
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.28
The annualized return divided by the max drawdown for the selected time period.
ETFs related toFICS
ETFs correlated to FICS include EFG, VIGI, IQDG
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.