See what your fund actually adds
First Trust Income Opportunities ETF FCEF
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FCEF | Replication |
|---|---|---|
| Annualized growth | 5.2% | 4.5% |
| Annualized volatility | 12.8% | 11.0% |
| Sharpe ratio | 0.46 | 0.45 |
| Maximum drawdown | 24.8% | 22.5% |
| Replication fit (R²) | 0.84 · Tracking error 5.2% | |
Replication portfolio
The published portfolio below is the investable basket used to model FCEF’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| PFF | FI · Preferred | 31.8% |
| VSS | Intl · Small Cap | 27.6% |
| ICVT | FI · Convertibles | 21.1% |
| XLV | Sector · Healthcare | 19.4% |