First Trust Exchange Traded Etf Performance

MDEV Etf  USD 18.56  -0.30  -1.59%   
The etf has a Beta (Market Risk) of 0.0317, which indicates very low measured sensitivity to broad market movements. Returns on First Trust tend to trail the broader market in strong rallies but hold up better when sentiment turns negative.
Risk-Adjusted Performance
Weak
 
Weak
 
Strong
During the last 90 trading days, First Trust Exchange Traded produced negative risk-adjusted performance, which signals weak return efficiency for investors with long positions. Used correctly, this score supports evaluation of raw price movement versus actual return efficiency. In spite of unsteady performance in the last few months, the etf's technical and fundamental indicators remain fairly stable, which may send shares a bit higher in April 2026. The latest fuss may also be a sign of long-term up-swing for the fund's institutional participants. Learn More

Relative Risk vs. Return Landscape

If you had invested $ 2,116 in First Trust Exchange Traded on December 22, 2025 and sold it today you would have lost $ 260.00 from holding First Trust Exchange Traded or given up 12.29% of portfolio value over 90 days. First Trust Exchange Traded does not currently generate positive expected returns and carries 0.9132% risk (volatility on return distribution) over a 90-day horizon. In different words, 8% of etfs are less volatile than First, and 99% of all traded equity instruments are projected to make higher returns than the ETF over the 90 days investment horizon.
  Expected Return   
       Risk  
This comparison focuses on expected return, realized volatility, and risk efficiency versus the market. It is most useful when expected return is read together with volatility rather than in isolation. Given the investment horizon of 90 days First Trust is expected to under-perform the market. In addition to that, the ETF is 1.12 times more volatile than its market benchmark. It trades about -0.23 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.11 per unit of volatility.

Target Price Odds to finish over Current Price

Mean reversion in First Etf pricing reflects the documented tendency for ETFs to gravitate toward equilibrium. While this pattern holds broadly, certain ETFs can remain mispriced for extended periods before correction.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
18.56 90 days 18.56
close to 99
Using a normal distribution model, the likelihood of First Trust moving above the current price in 90 days from now is close to 99 . This estimate accounts for the ETF's historical volatility and return distribution profile. (The density curve above illustrates how likely First Etf is to land at various price levels over the next 90 days). The area under any section of the curve represents the probability of First Etf trading in that range.
Given the investment horizon of 90 days First Trust has a beta of 0.0317. This indicates as returns on the market go up, First Trust's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding First Trust Exchange Traded is expected to be smaller as well. Additionally, First Trust Exchange Traded has a negative alpha, implying that the risk taken by holding this instrument is not justified. The ETF is significantly underperforming the Dow Jones Industrial.
   First Trust Price Density   
       Price  

Predictive Modules for First Trust

Predicting the direction of First Trust Exchange involves a range of quantitative and qualitative ETF techniques. Each approach has strengths and limitations, making diversified forecasting strategies especially important for First Trust Exchange.
Mean reversion is the tendency of First Trust's price to return to its historical average after periods of extreme deviation. Some analysts monitor this tendency by comparing First Trust's price extremes to fundamental value.
Hype
Prediction
LowEstimatedHigh
17.6518.5619.47
Details
Intrinsic
Valuation
LowRealHigh
16.1717.0820.42
Details
Naive
Forecast
LowNextHigh
17.3818.2919.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.2019.8221.44
Details
Competitive analysis for First Trust compares its financial performance and valuation against sector peers. This relative perspective often changes investment conclusions drawn from standalone analysis.

Primary Risk Indicators

Over the past two decades, the etf market has experienced significant volatility affecting First Trust. First Trust has seen dramatic price moves that have reshaped risk profiles for its holders.
α
Alpha over Dow Jones
-0.214
β
Beta against Dow Jones0.03
σ
Overall volatility
0.87
Ir
Information ratio -0.1301

Investor Alerts and Insights

Staying informed about First Trust through targeted alerts gives investors the edge they need to track NAV changes and holdings shifts. These notifications for First Trust Exchange help investors make timely decisions in response to significant ETF events.
First Trust Exchange generated a negative expected return over the last 90 days
The fund created three year return of -1.0%
First Trust Exchange maintains 99.66% of its assets in stocks

First Trust Fundamentals Growth

The market price of First Etf is shaped by investors' expectations for First Trust's financial performance. Revenue and earnings trends, operating margins, and capital structure decisions all play a role in First Etf pricing.

Performance Metrics & Calculation Methodology

First Trust performance is typically evaluated relative to its benchmark and tracking difference over time. Drawdown profile frames downside sensitivity and recovery characteristics.

This section for First Trust Exchange Traded is built from fund disclosures and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules. Return and risk statistics are calculated from historical price series.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board
Last reviewed on February 26th, 2026