First Trust Smith Opportunistic Fixed Income ETF

The investment objective of the First Trust Smith Opportunistic Fixed Income ETF (the “Fund”) is to seek to maximize long-term total return.

$42.63

Key Metrics

TER 0.65% per year
Distribution policy Distributing
Fund size USD 3,319 M
Inception date February 14, 2017
Holdings 489
Fund currency USD
Fund domicile US
Provider First Trust
For full official fund details, factsheets, and holdings, visit ftportfolios.com (opens in new tab).

Compare similar ETFs

Fund Size
Dividend
Fees
Current
Smith Opportunistic Fixed Income ETF FIXD
Fund Size
$3.36B
Dividend
4.8%
Fees
0.65%

Historical Return

Last updated: Sep 01, 2026
1 Year -2.3% +4.8% Div
3 Years (avg.) -0.4% +4.8% Div
5 Years (avg.) -4.5% +4.8% Div

Risk & Analysis Metrics

Last updated: Sep 01, 2026

Volatility

4.15% 1 Year
5.77% 3 Years
6.60% 5 Years
5.82% 10 Years

Max Drawdown

-4.75% 1 Year
-7.34% 3 Years
-24.56% 5 Years
-26.65% 10 Years

Sharpe Ratio

-1.53 1 Year
-0.78 3 Years
-1.30 5 Years
-0.98 10 Years

Return Triangle (Heatmap)

Last updated: Sep 01, 2026
2017 2018 2019 2020 2021 2022 2023 2024 2025
2017 1.5% -0.6% 1.2% 2.2% 1.2% -2.1% -1.7% -1.8% -1.3%
2018 -2.6% 1.0% 2.5% 1.1% -2.8% -2.2% -2.3% -1.7%
2019 4.8% 5.1% 2.4% -2.8% -2.1% -2.3% -1.5%
2020 5.5% 1.2% -5.2% -3.7% -3.6% -2.5%
2021 -2.8% -10.2% -6.6% -5.8% -4.1%
2022 -17.0% -8.4% -6.7% -4.4%
2023 1.0% -1.1% 0.2%
2024 -3.2% -0.1%
2025 3.0%

Distributions

*by ETF Portfolio Weight Last updated: Sep 01, 2026

Profit Margin Distribution

< 0%
4%
1y 3y N/A N/A
0 - 5%
19%
1y 3y N/A N/A
5 - 10%
10%
1y 3y N/A N/A
10 - 15%
20%
1y 3y N/A N/A
15 - 20%
23%
1y 3y N/A N/A
20 - 30%
15%
1y 3y N/A N/A
30 - 40%
7%
1y 3y N/A N/A
> 40%
4%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
6%
1y 3y N/A N/A
0 - 10
12%
1y 3y N/A N/A
10 - 15
16%
1y 3y N/A N/A
15 - 20
21%
1y 3y N/A N/A
20 - 25
12%
1y 3y N/A N/A
25 - 35
11%
1y 3y N/A N/A
35 - 50
9%
1y 3y N/A N/A
> 50
12%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
0.0%
1y 3y N/A N/A
Small Cap
1.6%
1y 3y N/A N/A
Mid Cap
18.3%
1y 3y N/A N/A
Large Cap
49.1%
1y 3y N/A N/A
Mega Cap
31.0%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Sep 01, 2026
9.5% Top 5 Holdings
15.9% Top 10 Holdings
47.0% Top 50 Holdings
72.5% Top 100 Holdings
Top 5 Companies
BA Boeing Co.
2.6%
GIL Gildan Activewear Inc
1.9%
RTX Raytheon Technologies Corporation
1.8%
FCNCA First Citizens Bancshares, Inc (NC)
1.6%
NOC Northrop Grumman Corp.
1.6%

Latest News

23 days ago • benzinga.com

Boeing and Airbus Need More Engines. GE and RTX Are Racing to Supply Them

Boeing Co (NYSE:BA) and Airbus SE (OTC:EADSY) have no shortage of customers waiting for new planes. The harder part is building enough of them.

23 days ago • reuters.com

Archer to acquire Boeing's Wisk and two subsidiaries for near 20% equity stake

Air taxi maker ​Archer Aviation will acquire ‌Boeing's electric aircraft unit, Wisk Aero, along with two ​related subsidiaries, in exchange ​for Bo...

about 1 month ago • wsj.com

Could the Most Radical Plane Design Since the Concorde Take On Boeing?

JetZero's blended-wing aircraft, the Z4, just got a boost from Washington: a $3 billion loan commitment to help start production.

Average metrics of all companies in portfolio

Last updated: Aug 30, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $131B -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 2.56% 2.00%
Beta Indicates the relationship between the price performance of a share and the market. 1.02 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 19.5 26.29
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything -7.76 -
Profitable Companies 92% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 98.96 20.25
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 2.56 9.26
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 0.77 11.73
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT 18.98 12.86
Enterprise Value to Revenue Enterprise value divided by revenue 3.3 12.16
Total Debt to Enterprise Value Total debt divided by enterprise value 0.61 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. 0.83 0.32
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 13.38% 21.44%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. - +51.6%
Return on Equity Equity divided by market cap. 83.30% 2.04%
Return on Assets Indicates a company's profitability in relation to its total assets. 59.33% 4.02%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 84.22% 3.70%

Sectors

Manufacturing 10.2%
Finance and Insurance 9.2%
Information 6.9%
Financial Services 2.8%
Retail Trade 1.5%
Transportation and Warehousing 1.3%
Utilities 1.1%
Finance 1.0%
Administrative and Support and Waste Management and Remediation Services 0.7%
Mining, Quarrying, and Oil and Gas Extraction 0.6%
Professional, Scientific, and Technical Services 0.6%
Real Estate and Rental and Leasing 0.3%
Accommodation and Food Services 0.3%
Consumer Services 0.2%
Other 63.3%

Countries

United States 73.1%
Other 22.9%
Canada 1.3%
Switzerland 0.7%
Cayman Islands 0.6%
United Kingdom 0.4%
Saudi Arabia 0.4%
Denmark 0.3%
Ireland 0.3%
France 0.2%

Stock Screener

Select filters to narrow down the 101 investments below

101 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap $165.84B
P/E Ratio 78.6
Dividends 0.0%
Total Investment $35.37M
Weight 1.07%

Loading details…

Market Cap $8.13B
P/E Ratio 98.4
Dividends 1.8%
Total Investment $26.89M
Weight 0.81%

Loading details…

Market Cap $285.33B
P/E Ratio 36.8
Dividends 1.3%
Total Investment $24.42M
Weight 0.74%

Loading details…

Loading details…

Market Cap $77.51B
P/E Ratio 17.3
Dividends 1.7%
Total Investment $21.65M
Weight 0.65%

Loading details…

Market Cap $305.03B
P/E Ratio 15.8
Dividends 1.6%
Total Investment $18.82M
Weight 0.57%

Loading details…

Market Cap $5.37B
P/E Ratio 19.5
Dividends 2.6%
Total Investment $18.6M
Weight 0.56%

Loading details…

Market Cap $165.84B
P/E Ratio 78.6
Dividends 0.0%
Total Investment $17.4M
Weight 0.52%

Loading details…

Loading details…

Loading details…

Market Cap $2.87T
P/E Ratio 21.1
Dividends 0.0%
Total Investment $16.68M
Weight 0.50%

Loading details…

Market Cap $442.26B
P/E Ratio 14.1
Dividends 1.8%
Total Investment $15.45M
Weight 0.47%

Loading details…

Market Cap $84.75B
P/E Ratio 76.8
Dividends 0.0%
Total Investment $15.17M
Weight 0.46%

Loading details…

Market Cap $28.36B
P/E Ratio 10.2
Dividends 0.0%
Total Investment $13.64M
Weight 0.41%

Loading details…

Market Cap $48.94B
P/E Ratio 26.4
Dividends 1.9%
Total Investment $13.23M
Weight 0.40%

Loading details…

Market Cap $130.13B
P/E Ratio 20.7
Dividends 2.4%
Total Investment $13.13M
Weight 0.40%

Loading details…

Market Cap $66.59B
P/E Ratio 21.0
Dividends 3.1%
Total Investment $12.93M
Weight 0.39%

Loading details…

Market Cap $118.74B
P/E Ratio 24.3
Dividends 2.9%
Total Investment $12.91M
Weight 0.39%

Loading details…

Market Cap $96.65B
P/E Ratio 13.3
Dividends 2.9%
Total Investment $11.91M
Weight 0.36%

Loading details…

Market Cap $84.75B
P/E Ratio 76.8
Dividends 0.0%
Total Investment $11.89M
Weight 0.36%

Loading details…