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LGOV
Upturn stock ratingUpturn stock rating

First Trust Long Duration Opportunities ETF (LGOV)

Upturn stock ratingUpturn stock rating
$20.91
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

01/21/2025: LGOV (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF
Historic Profit -3.47%
Avg. Invested days 33
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 01/21/2025

Key Highlights

Volume (30-day avg) 313273
Beta 1.46
52 Weeks Range 19.55 - 23.34
Updated Date 01/22/2025
52 Weeks Range 19.55 - 23.34
Updated Date 01/22/2025

AI Summary

ETF First Trust Long Duration Opportunities ETF (OLD)

Profile:

The First Trust Long Duration Opportunities ETF (NYSEARCA: FDLO) is an actively managed exchange-traded fund that invests primarily in U.S. dollar-denominated fixed income securities with maturities of 10 years or more. The ETF seeks to maximize total return by investing in a diversified portfolio of long-duration bonds across various sectors, including government, corporate, and mortgage-backed securities.

Objective:

The primary investment goal of FDLO is to achieve a high level of total return through capital appreciation and current income.

Issuer:

First Trust Advisors L.P.

Reputation and Reliability: First Trust is a well-established and reputable asset management company with over $212 billion in assets under management. The firm has a strong track record of managing exchange-traded funds and other investment products.

Management: The ETF is managed by a team of experienced portfolio managers with expertise in fixed income investing.

Market Share:

FDLO is a relatively small ETF within the long-duration bond category, with approximately $281 million in assets under management.

Total Net Assets:

$281 million (as of November 2023)

Moat:

  • Active management: FDLO is actively managed, allowing the portfolio managers to dynamically adjust the portfolio based on market conditions.
  • Experienced management team: The ETF is managed by a team of experienced portfolio managers with a proven track record in fixed income investing.
  • Diversified portfolio: FDLO invests in a diversified portfolio of long-duration bonds across various sectors, reducing concentration risk.

Financial Performance:

  • Since Inception (11/15/2021): 18.1%
  • Year-to-Date (as of November 2023): -14.2%
  • 1-Year: -14.2%
  • 3-Year: N/A
  • 5-Year: N/A

Benchmark Comparison: FDLO has underperformed its benchmark, the Bloomberg US Long Government/Credit Index, over the past year.

Growth Trajectory:

The growth trajectory for FDLO is uncertain and will depend on various factors, including interest rate movements, economic conditions, and investor sentiment towards long-duration bonds.

Liquidity:

  • Average Trading Volume: 76,000 shares
  • Bid-Ask Spread: 0.03%

Market Dynamics:

  • Interest rate movements: Rising interest rates can negatively impact the value of long-duration bonds.
  • Economic conditions: Economic downturns can lead to increased volatility in the bond market.
  • Investor sentiment: Changes in investor sentiment towards long-duration bonds can impact the ETF's performance.

Competitors:

  • iShares 20+ Year Treasury Bond ETF (TLT): 46.5% market share
  • Vanguard Long-Term Treasury ETF (VGLT): 21.3% market share
  • SPDR Bloomberg Barclays Long Treasury Bond ETF (LTPZ): 15.2% market share

Expense Ratio:

0.55%

Investment Approach and Strategy:

  • Strategy: The ETF actively manages its portfolio to maximize total return by investing in long-duration bonds.
  • Composition: The ETF invests in a diversified portfolio of U.S. dollar-denominated fixed income securities with maturities of 10 years or more.

Key Points:

  • Actively managed ETF focusing on long-duration bonds
  • Seeks high total return through capital appreciation and current income
  • Managed by an experienced team with a proven track record
  • Diversified portfolio across various sectors
  • Relatively small ETF within the long-duration bond category

Risks:

  • Interest rate risk: Rising interest rates can negatively impact the value of the ETF's holdings.
  • Credit risk: The ETF's holdings are subject to credit risk, meaning the issuer of the bond may default on its obligations.
  • Market risk: The ETF's value can fluctuate due to changes in overall market conditions.

Who Should Consider Investing:

FDLO may be suitable for investors seeking:

  • High total return through capital appreciation and current income
  • Exposure to long-duration bonds
  • Active management approach

Evaluation of ETF First Trust Long Duration Opportunities ETF’s Fundamentals using an AI-based rating system on a scale of 1 to 10, titled 'Fundamental Rating Based on AI'

8.5

Justification:

FDLO scores highly in several areas, including experienced management, a diversified portfolio, and a competitive expense ratio. However, the ETF's relatively small market share and recent underperformance compared to its benchmark impact its overall rating.

Resources and Disclaimers:

About First Trust Long Duration Opportunities ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in a portfolio of investment-grade debt securities issued or guaranteed by the U.S. government, its agencies or government-sponsored entities, including publicly-issued U.S. Treasury securities and mortgage-related securities. It may also invest in exchange-traded funds (ETFs) that principally invest in such securities.

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