Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.75% 0.02% 44.70M 14845.83
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
3.29% 570.0% 4.705M Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide investors with current income and capital appreciation. Under normal market conditions, the Fund invests primarily in common stocks, exchange-traded options and short-term US Treasury securities. The Fund seeks to provide exposure to ten highest dividend-yielding stocks in Dow Jones.
General
Security Type Exchange-Traded Fund
Broad Asset Class Nontraditional Equity
Broad Category Alternative Strategies
Global Peer Group Alternative Relative Value
Peer Group Options Arbitrage/Opt Strategies Funds
Global Macro Liquid Alternatives
US Macro Equity Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Options Arbitrage/Opt Strategies Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^SPXTR 100.0%

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Performance Versus Peer Group

 
20%
15%
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5%
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
--
--
--
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--
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-2.56%
18.60%
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
25.02%
18.77%
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9.16%
14.53%
9.13%
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14.56%
13.08%
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4.92%
6.66%
As of December 12, 2025.

Asset Allocation

As of November 30, 2025.
Type % Net
Cash -5.39%
Stock 50.21%
Bond 74.07%
Convertible 0.00%
Preferred 0.00%
Other -18.88%
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Basic Info

Investment Strategy
The Fund seeks to provide investors with current income and capital appreciation. Under normal market conditions, the Fund invests primarily in common stocks, exchange-traded options and short-term US Treasury securities. The Fund seeks to provide exposure to ten highest dividend-yielding stocks in Dow Jones.
General
Security Type Exchange-Traded Fund
Broad Asset Class Nontraditional Equity
Broad Category Alternative Strategies
Global Peer Group Alternative Relative Value
Peer Group Options Arbitrage/Opt Strategies Funds
Global Macro Liquid Alternatives
US Macro Equity Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Options Arbitrage/Opt Strategies Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^SPXTR 100.0%

View Basic Info
Start Trial

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