FT Vest Gold Strategy Target Income ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$18.86
- Net Assets:$0 Million
- NAV:$18.97
- Premium-0.58%
- Peer Rank:99 of 397
- Investment Rating:B
- Performance:C+
- RiskB
We rate FT Vest Gold Strat Target Inc at B. Positive factors that influence this rating include a low price volatility and low expense structure. The fund may be considered for investors seeking an Equity Income strategy.
New Fund off to good start in the last year. The FT Vest Gold Strat Target Inc has returned an annual rate of 3.83% since inception. More recently, the fund has generated a total return of 8.68% in the last year, 5.21% in the last six months, and 1.90% in the last three months. How does that compare to other equity funds? In the last year, it has outperformed 44% of them for the period ending 2/29/2024. On a year to date basis, IGLD has returned 1.01%.
Downside risk has been below average. IGLD has a draw down risk of -16.17%, which is the largest price decline experienced since the inception of the fund. This fund has a one year standard deviation of 8.8%. This fund has had very little volatility in its monthly performance over the last 12 months.
High expense ratio hinders performance. As IGLD is an exchange traded fund, it has no front end or back end load.
The FT Vest Gold Strat Target Inc is managed by Howard Rubin at First Trust Advisors LP. This fund is one of 195 First Trust Advisors LP exchange-traded funds launched since 8/19/2003 that we track.