See what your fund actually adds
First Trust Multi-Strategy Fund Class A Shares FTMAX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FTMAX | Replication |
|---|---|---|
| Annualized growth | 3.9% | 4.3% |
| Annualized volatility | 2.4% | 0.9% |
| Sharpe ratio | 1.57 | 4.56 |
| Maximum drawdown | 7.0% | 1.1% |
| Replication fit (R²) | 0.51 · Tracking error 1.7% | |
Replication portfolio
The published portfolio below is the investable basket used to model FTMAX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BIL | FI · Ultra-Short | 83.3% |
| BKLN | FI · Senior Bank Loans | 5.9% |
| STIP | FI · Short TIPS | 3.8% |
| LRGF | Factor · Multi-Factor | 3.6% |
| WTMF | Alternatives · Mgt Futures | 3.4% |