Skip to Content
ETFs

First Trust Intermediate Duration Investment Grade Corporate ETF

FIIG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 02 2023
Expense Ratio
0.65%
Type
US Bonds
Fund Owner
First Trust
Volume (1m avg. daily)
$234,472
AUM
$9,860,039
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

ZTS32
Zoetis Inc - 5.60% NT REDEEM 16/11/2032 USD 2000
2.08%
JPM4969016
JPMORGAN CHASE & CO Variable rate due 03/24/2031
1.91%
n/a
Bank of America Medium Term Notes 2019-07.02.30 Global Series N Fixed/Floating Ra te
1.86%
BAC5402225
BANK OF AMERICA CORP Variable rate due 04/27/2033
1.86%
BRO32
Brown & Brown, Inc. - 4.20% NT REDEEM 17/03/2032 USD 2000
1.80%
JPM5448371
JPMORGAN CHASE & CO Variable rate due 07/25/2033
1.68%
UNH33
Unitedhealth Group Inc - 5.35% NT REDEEM 15/02/2033 USD 2000
1.54%
n/a
IQVIA INC 5.70% due 05/15/2028
1.51%
URI5503329
UNITED RENTALS (NORTH AMERICA) 6% due 12/15/2029
1.51%
AJG33
Arthur J. Gallagher & Co. - 5.50% NT REDEEM 02/03/2033 USD 2000
1.50%
Invest with FIIG

What is FIIG?

The First Trust Intermediate Duration Investment Grade Corporate ETF's (the Fund) investment objective is to deliver current income and long-term capital appreciation. Under normal market conditions, the Fund seeks to achieve its objectives by investing at least 80% if its net assets (plus any borrowings for investment purposes) in investment grade corporate debt securities. Corporate debt securities are debt obligations issued by businesses to finance their operations. Notes, bonds, loans, debentures and commercial paper are the most common types of corporate debt securities, with the primary differences being their maturities and secured or unsecured status.

ETFs related toFIIG

ETFs correlated to FIIG include BIV, VCIT, IGIB

FIIG
First Trust Exchange-Traded Fund IV - First Trust Intermediate Duration Investment Grade Corporate ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
BSCW
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2032 Corporate Bond ETF
IBTK
iShares Trust - iShares iBonds Dec 2030 Term Treasury ETF
SCHI
Schwab Strategic Trust - Schwab 5-10 Year Corporate Bond ETF
BSCU
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2030 Corporate Bond ETF
IBDX
iShares Trust - iShares iBonds Dec 2032 Term Corporate ETF
FCOR
Fidelity Covington Trust - Fidelity Corporate Bond ETF
NUBD
Nuveen Fund Advisors LLC - NuShares ESG U.S. Aggregate Bond ETF

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.

Automated Strategies
Related toFIIG

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with FIIG using Composer

FAQ

FIIG is a US Bonds ETF. The First Trust Intermediate Duration Investment Grade Corporate ETF's (the Fund) investment objective is to deliver current income and long-term capital appreciation. Under normal market conditions, the Fund seeks to achieve its objectives by investing at least 80% if its net assets (plus any borrowings for investment purposes) in investment grade corporate debt securities. Corporate debt securities are debt obligations issued by businesses to finance their operations. Notes, bonds, loans, debentures and commercial paper are the most common types of corporate debt securities, with the primary differences being their maturities and secured or unsecured status.

Yes, FIIG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FIIG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FIIG is -0.0123%. This is the percent change in the value of FIIG over the most recent 1-month period. The 3-month return on FIIG is %. This is the percent change in the value of FIIG over the most recent 3-month period.

ETFs similar to FIIG include IGSB, SPIB, and VCSH.

ETFs correlated to FIIG include BIV, VCIT, and IGIB.

ETFs that are inversely correlated to FIIG include PST, TBX, and TTT.

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.