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ETFs

First Trust Limited Duration Investment Grade Corporate ETF

FSIG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 17 2021
Expense Ratio
0.56%
Type
Global Bonds
Fund Owner
First Trust
Volume (1m avg. daily)
$4,327,882
AUM
$732,320,036
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Brown & Brown 4.2 % Notes 2014-15.9.24 Sr
1.50%
MSCI4908222
MSCI INC 4% due 11/15/2029
1.47%
n/a
CHARTER COMMUNICATIONS OPER CHTR TL B1 1L USD - LX183543
1.45%
WDAY5390289
WORKDAY INC 3.50% due 04/01/2027
1.41%
JPM5448350
JPMORGAN CHASE & CO Variable rate due 07/25/2028
1.40%
n/a
IQVIA INC 5.70% due 05/15/2028
1.35%
UNH28B
Unitedhealth Group Inc - 5.25% NT REDEEM 15/02/2028 USD 2000
1.26%
APO5562969
BERRY GLOBAL INC 5.50% due 04/15/2028
1.20%
MMC24A
Marsh & McLennan Cos., Inc. - 3.875% NT REDEEM 15/03/2024 USD 2000
1.19%
ICE27A
Intercontinental Exchange Inc - 4% NT REDEEM 15/09/2027 USD 2000
1.18%
Invest with FSIG

What is FSIG?

The First Trust Limited Duration Investment Grade Corporate ETFs (the "Fund") primary investment objective is to deliver current income. Under normal market conditions, the Fund seeks to achieve its objectives by investing at least 80% of 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. Commercial paper has the shortest term and is usually unsecured. Corporate debt securities may have fixed or floating interest rates. The corporate debt securities in which the Fund may investment may include senior loans.

ETFs related toFSIG

ETFs correlated to FSIG include BSV, AVSF, VCSH

FSIG
First Trust Exchange-Traded Fund IV - First Trust Limited Duration Investment Grade Corporate ETF
BSV
Vanguard Group, Inc. - Vanguard Short-Term Bond ETF
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
ISTB
BlackRock Institutional Trust Company N.A. - iShares Core 1-5 Year USD Bond ETF
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
SUSB
iShares Trust - iShares Trust iShares ESG Aware 1-5 Year USD Corporate Bond ETF
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF
SCHR
Schwab Strategic Trust - Schwab Intermediate-Term U.S. Treasury ETF
IBTI
iShares Trust - iShares iBonds Dec 2028 Term Treasury 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 toFSIG

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Risk Rating

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Create your own algorithmic trading strategy with FSIG using Composer

FAQ

FSIG is a Global Bonds ETF. The First Trust Limited Duration Investment Grade Corporate ETFs (the "Fund") primary investment objective is to deliver current income. Under normal market conditions, the Fund seeks to achieve its objectives by investing at least 80% of 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. Commercial paper has the shortest term and is usually unsecured. Corporate debt securities may have fixed or floating interest rates. The corporate debt securities in which the Fund may investment may include senior loans.

Yes, FSIG 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, FSIG 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 FSIG is -0.0013%. This is the percent change in the value of FSIG over the most recent 1-month period. The 3-month return on FSIG is -0.0005%. This is the percent change in the value of FSIG over the most recent 3-month period.

The standard deviation of FSIG for the past year is 0.0348%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FSIG include SPIB, VCIT, and LQD.

ETFs correlated to FSIG include BSV, AVSF, and VCSH.

ETFs that are inversely correlated to FSIG 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.