TER
0.55% p.a.
Distribution policy
Distributing
Replication
Full replication
Fund size
8 m
Holdings
57
Overview
Description
The First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist seeks to track the ICE BofAML 3-5 Year Global Government (EUR Hedged) index. The ICE BofAML 3-5 Year Global Government (EUR Hedged) index tracks government bonds worldwide. Time to maturity: 3-5 years. Rating: Investment Grade. Currency hedged to Euro (EUR).
Documents
Chart
Basics
Data
| Index | ICE BofAML 3-5 Year Global Government (EUR Hedged) |
| Investment focus | Bonds, World, Government, 3-5 |
| Fund size | GBP 8 m |
| Total expense ratio | 0.55% p.a. |
| Replication | Physical (Full replication) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | EUR |
| Currency risk | Currency hedged |
| Volatility 1 year (in GBP) | 4.55% |
| Inception/ Listing Date | 21 November 2019 |
| Distribution policy | Distributing |
| Distribution frequency | Quarterly |
| Fund domicile | Ireland |
| Fund Provider | First Trust |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | BNY Mellon Fund Services (Ireland) Designated Activity Company |
| Investment Advisor | First Trust Advisors L.P. |
| Custodian Bank | The Bank of New York Mellon SA/NV (Dublin Branch) |
| Revision Company | PwC |
| Fiscal Year End | 31 December |
| Swiss representative | Oligo Swiss Fund Services SA |
| Swiss paying agent | Banque Cantonale de Genève |
| Germany | No tax rebate |
| Switzerland | ESTV Reporting |
| Austria | Tax Reporting Fund |
| UK | UK Reporting |
| Indextype | Total return index |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
There are currently no ETFs tracking the same index or having an identical investment focus than the First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist.
How do you like our ETF profile? Here you'll find our Questionnaire.
Holdings
Below you find information about the composition of the First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist.
Top 10 Holdings
Weight of top 10 holdings
out of 57
40.94%
| IT0003535157 | 6.67% |
| AU000XCLWAG2 | 4.92% |
| PEP01000C4G7 | 4.75% |
| AU0000013740 | 4.47% |
| SE0005676608 | 3.95% |
| FR0000571218 | 3.72% |
| NZGOVDT427C1 | 3.49% |
| NL0015031501 | 3.05% |
| US9128286L99 | 3.03% |
| IT0001444378 | 2.89% |
Sectors
| Other | 96.94% |
As of 30/09/2024
Performance
The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.
Returns overview
| YTD | -2.66% |
| 1 month | +0.14% |
| 3 months | -2.52% |
| 6 months | -1.34% |
| 1 year | -1.01% |
| 3 years | -3.84% |
| 5 years | -10.96% |
| Since inception (MAX) | -10.96% |
| 2023 | +2.48% |
| 2022 | -3.63% |
| 2021 | -12.84% |
| 2020 | +6.89% |
Monthly returns in a heat map
Dividends
Current dividend yield
| Current dividend yield | 1.70% |
| Dividends (last 12 months) | GBP 0.24 |
Historic dividend yields
| Period | Dividend in GBP | Dividend yield in % |
|---|---|---|
| 1 Year | GBP 0.24 | 1.65% |
| 2023 | GBP 0.28 | 1.89% |
| 2022 | GBP 0.14 | 0.93% |
| 2021 | GBP 0.19 | 1.07% |
| 2020 | GBP 0.16 | 0.94% |
Dividend yield contribution
Monthly dividends in GBP
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 4.55% |
| Volatility 3 years | 5.99% |
| Volatility 5 years | 6.58% |
| Return per risk 1 year | -0.22 |
| Return per risk 3 years | -0.22 |
| Return per risk 5 years | -0.35 |
| Maximum drawdown 1 year | -4.45% |
| Maximum drawdown 3 years | -8.60% |
| Maximum drawdown 5 years | -20.54% |
| Maximum drawdown since inception | -20.54% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| Euronext Amsterdam | EUR | FSOV | FSOV NA FSOVINAV |
Further information
Further ETFs with similar investment focus
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| iShares Global Government Bond UCITS ETF USD (Dist) | 899 | 0.20% p.a. | Distributing | Sampling |
| iShares Global Government Bond UCITS ETF GBP Hedged (Dist) | 751 | 0.25% p.a. | Distributing | Sampling |
| Xtrackers II Global Government Bond UCITS ETF 2D GBP Hedged | 580 | 0.25% p.a. | Distributing | Sampling |
| Amundi Index J.P. Morgan GBI Global Government Bonds UCITS ETF DR (C) | 371 | 0.20% p.a. | Accumulating | Sampling |
| Amundi Index J.P. Morgan GBI Global Govies UCITS ETF DR Hedged GBP (D) | 354 | 0.15% p.a. | Distributing | Sampling |
Frequently asked questions
What is the name of FSOV?
The name of FSOV is First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist.
What is the ticker of First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist?
The primary ticker of First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist is FSOV.
What is the ISIN of First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist?
The ISIN of First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist is IE00BKS2X317.
What are the costs of First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist?
The total expense ratio (TER) of First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist amounts to 0.55% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
What's the fund size of First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist?
The fund size of First Trust Low Duration Global Government Bond UCITS ETF EUR Hedged dist is 8m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.