First Trust SSI Strategic Convertible Securities ETF (FCVT)Convertibles | Exchange Traded Fund | NasdaqGM
50.72 USD
-0.95
(-1.838%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:53 a.m. EDT
The convertible ETF is currently stuck in a consolidation phase, trading right around its 50-day average after a significant drop from its yearly highs. While the underlying business quality is solid, evidenced by a nearly 56% gain over the last nine years and eight out of nine years of positive annual returns, the immediate price action lacks the explosive momentum needed for a high-conviction short-term trade. The recent price history shows a choppy pattern with no clear breakout, suggesting the market is waiting for a catalyst to push it above the 55-dollar resistance level. For the long term, the asset remains a strong hold due to its consistent growth trajectory and resilient balance sheet, though investors should expect continued volatility rather than a straight line up. On the income side, the yield is modest and appears to be in a transition period, having recently cut from higher levels in mid-2025 to a lower, more sustainable range, which aligns with the current market environment but offers limited income appeal compared to traditional bond plays. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.056358 |
| AutoARIMA | 0.063087 |
| AutoTheta | 0.071599 |
| AutoETS | 0.081219 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 60% |
| H-stat | 1.93 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.715 |
| Excess Kurtosis | -0.39 |
| Attribute | Value |
|---|---|
| Trailing P/E | 38.19 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.08% | 1.33% | 1.75% | 6.33% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-25 | 0.045 | 0.084631 |
| 2026-05-21 | 0.045 | 0.087017 |
| 2026-04-21 | 0.045 | 0.092175 |
| 2026-03-26 | 0.045 | 0.101356 |
| 2026-02-20 | 0.045 | 0.097680 |
| 2026-01-21 | 0.045 | 0.098511 |
| 2025-12-12 | 0.045 | 0.103432 |
| 2025-11-21 | 0.050 | 0.120715 |
| 2025-10-21 | 0.050 | 0.113934 |
| 2025-09-25 | 0.050 | 0.118287 |
| 2025-08-21 | 0.050 | 0.126496 |
| 2025-07-22 | 0.075 | 0.188423 |
| 2025-06-26 | 0.095 | 0.248009 |
| 2025-05-21 | 0.095 | 0.259067 |
| 2025-04-22 | 0.085 | 0.251182 |
| 2025-03-27 | 0.085 | 0.239241 |
| 2025-02-21 | 0.085 | 0.228741 |
| 2025-01-22 | 0.085 | 0.224334 |
| 2024-12-13 | 0.040 | 0.104932 |
| 2024-11-21 | 0.040 | 0.105485 |
| 2024-10-22 | 0.040 | 0.110865 |
| 2024-09-26 | 0.040 | 0.112454 |
| 2024-08-21 | 0.040 | 0.115691 |
| 2024-07-23 | 0.040 | 0.115274 |
| 2024-06-27 | 0.040 | 0.118168 |
| 2024-05-21 | 0.040 | 0.117509 |
| 2024-04-23 | 0.040 | 0.121175 |
| 2024-03-21 | 0.040 | 0.118029 |
| 2024-02-21 | 0.040 | 0.122362 |
| 2024-01-23 | 0.040 | 0.121988 |
| 2023-12-22 | 0.147 | 0.440647 |
| 2023-11-21 | 0.040 | 0.129660 |
| 2023-10-24 | 0.040 | 0.132890 |
| 2023-09-22 | 0.040 | 0.129074 |
| 2023-08-22 | 0.040 | 0.126843 |
| 2023-07-21 | 0.040 | 0.121102 |
| 2023-06-27 | 0.040 | 0.124417 |
| 2023-05-23 | 0.040 | 0.127959 |
| 2023-04-21 | 0.040 | 0.125569 |
| 2023-03-24 | 0.040 | 0.128824 |
| 2023-02-22 | 0.040 | 0.124378 |
| 2023-01-24 | 0.040 | 0.122362 |
| 2022-12-15 | 0.045 | 0.139448 |
| 2022-11-22 | 0.045 | 0.138846 |
| 2022-10-21 | 0.045 | 0.144046 |
| 2022-09-23 | 0.045 | 0.143039 |
| 2022-08-23 | 0.045 | 0.132979 |
| 2022-07-21 | 0.100 | 0.307125 |
| 2022-06-24 | 0.100 | 0.310270 |
| 2022-05-24 | 0.150 | 0.454959 |
| 2022-04-21 | 0.150 | 0.405186 |
| 2022-03-25 | 0.150 | 0.393391 |
| 2022-02-18 | 0.150 | 0.401929 |
| 2022-01-21 | 0.150 | 0.400213 |
| 2021-12-23 | 8.836 | 21.363636 |
| 2021-11-23 | 0.150 | 0.292740 |
| 2021-10-21 | 0.150 | 0.285823 |
| 2021-09-23 | 0.100 | 0.192976 |
| 2021-08-24 | 0.040 | 0.078401 |
| 2021-07-21 | 0.040 | 0.078756 |
| 2021-06-24 | 0.040 | 0.077146 |
| 2021-05-21 | 0.040 | 0.081490 |
| 2021-04-21 | 0.040 | 0.077988 |
| 2021-03-25 | 0.040 | 0.081466 |
| 2021-02-23 | 0.040 | 0.074794 |
| 2021-01-21 | 0.040 | 0.076095 |
| 2020-12-24 | 0.403 | 0.822449 |
| 2020-11-24 | 0.040 | 0.088700 |
| 2020-10-21 | 0.040 | 0.095447 |
| 2020-09-24 | 0.040 | 0.102719 |
| 2020-08-21 | 0.040 | 0.099290 |
| 2020-07-21 | 0.040 | 0.104534 |
| 2020-06-25 | 0.040 | 0.113540 |
| 2020-05-21 | 0.040 | 0.120901 |
| 2020-04-21 | 0.040 | 0.131944 |
| 2020-03-26 | 0.040 | 0.140622 |
| 2020-02-21 | 0.040 | 0.113762 |
| 2020-01-22 | 0.040 | 0.116618 |
| 2019-12-13 | 0.090 | 0.275609 |
| 2019-11-21 | 0.040 | 0.123877 |
| 2019-10-22 | 0.040 | 0.127689 |
| 2019-09-25 | 0.040 | 0.127898 |
| 2019-08-21 | 0.040 | 0.127065 |
| 2019-07-23 | 0.040 | 0.125471 |
| 2019-06-14 | 0.040 | 0.130124 |
| 2019-05-21 | 0.040 | 0.131402 |
| 2019-04-23 | 0.040 | 0.130251 |
| 2019-03-21 | 0.040 | 0.129702 |
| 2019-02-21 | 0.040 | 0.133245 |
| 2019-01-23 | 0.040 | 0.139616 |
| 2018-12-18 | 0.052 | 0.187050 |
| 2018-11-21 | 0.040 | 0.142552 |
| 2018-10-23 | 0.040 | 0.138456 |
| 2018-09-14 | 0.040 | 0.129282 |
| 2018-08-21 | 0.040 | 0.132890 |
| 2018-07-20 | 0.040 | 0.131709 |
| 2018-06-21 | 0.041 | 0.134031 |
| 2018-05-22 | 0.045 | 0.150602 |
| 2018-04-20 | 0.040 | 0.136268 |
| 2018-03-22 | 0.045 | 0.150602 |
| 2018-02-21 | 0.045 | 0.155387 |
| 2018-01-23 | 0.040 | 0.133422 |
| 2017-12-21 | 0.261 | 0.904993 |
| 2017-11-21 | 0.040 | 0.136101 |
| 2017-10-20 | 0.040 | 0.137599 |
| 2017-09-21 | 0.040 | 0.141044 |
| 2017-08-22 | 0.035 | 0.125538 |
| 2017-07-21 | 0.030 | 0.106086 |
| 2017-06-22 | 0.030 | 0.107373 |
| 2017-05-23 | 0.030 | 0.109409 |
| 2017-04-21 | 0.030 | 0.111317 |
| 2017-03-23 | 0.030 | 0.112575 |
| 2017-02-22 | 0.030 | 0.111301 |
| 2017-01-20 | 0.030 | 0.114504 |
| 2016-12-21 | 0.160 | 0.618477 |
| 2016-11-22 | 0.030 | 0.116054 |
| 2016-10-21 | 0.030 | 0.117509 |
| 2016-09-21 | 0.030 | 0.115429 |
| 2016-08-23 | 0.030 | 0.114767 |
| 2016-07-21 | 0.030 | 0.118577 |
| 2016-06-22 | 0.030 | 0.120676 |
| 2016-05-20 | 0.030 | 0.124430 |
| 2016-04-21 | 0.030 | 0.121951 |
| 2016-02-23 | 0.030 | 0.129366 |
| 2016-01-21 | 0.030 | 0.128977 |
| 2015-12-23 | 0.145 | 0.591595 |
| Attribute | Value |
|---|---|
| All Time High | 55.99 |
| All Time Low | 22.24 |
| Ask | 50.84 |
| Ask Size | 5 |
| Average Daily Volume10 Day | 17,000 |
| Average Daily Volume3 Month | 19,644 |
| Average Volume | 19,644 |
| Average Volume10Days | 17,000 |
| Beta3 Year | 1.25 |
| Bid | 50.58 |
| Bid Size | 3 |
| Category | Convertibles |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 51.26 |
| Day Low | 50.605 |
| Dividend Date | 1,496,188,800 |
| Dividend Yield | 1.1 |
| Eps Trailing Twelve Months | 1.328245 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 52.19676 |
| Fifty Day Average Change | -1.4762573 |
| Fifty Day Average Change Percent | -0.028282547 |
| Fifty Two Week Change Percent | 28.342617 |
| Fifty Two Week High | 54.9 |
| Fifty Two Week High Change | -4.1795006 |
| Fifty Two Week High Change Percent | -0.07612933 |
| Fifty Two Week Low | 38.965 |
| Fifty Two Week Low Change | 11.755501 |
| Fifty Two Week Low Change Percent | 0.30169386 |
| Fifty Two Week Range | 38.965 - 54.9 |
| First Trade Date Milliseconds | 1,446,647,400,000 |
| Five Year Average Return | 0.060393 |
| Full Exchange Name | NasdaqGM |
| Fund Family | First Trust |
| Fund Inception Date | 1,446,508,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S. and non-U.S. convertible securities. In general, convertible securities combine the investment characteristics of bonds and common stocks and typically consist of debt securities or preferred securities that may be converted or exchanged within a specified period of time into a certain amount of common stock or other equity security of the same or a different issuer. |
| Long Name | First Trust SSI Strategic Convertible Securities ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_307331502 |
| Nav Price | 51.73 |
| Net Assets | 120,864,240.0 |
| Net Expense Ratio | 0.95 |
| Open | 50.925 |
| Previous Close | 51.67 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.9494972 |
| Regular Market Change Percent | -1.8376181 |
| Regular Market Day High | 51.26 |
| Regular Market Day Low | 50.605 |
| Regular Market Day Range | 50.605 - 51.26 |
| Regular Market Open | 50.925 |
| Regular Market Previous Close | 51.67 |
| Regular Market Price | 50.7205 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 14,111 |
| Short Name | First Trust SSI Strategic Conve |
| Source Interval | 15 |
| Symbol | FCVT |
| Three Year Average Return | 0.1721505 |
| Total Assets | 120,864,240 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 38.186104 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 21.25553 |
| Trailing Three Month Returns | 21.25553 |
| Triggerable | 1 |
| Two Hundred Day Average | 46.642426 |
| Two Hundred Day Average Change | 4.0780754 |
| Two Hundred Day Average Change Percent | 0.08743275 |
| Type Disp | ETF |
| Volume | 14,111 |
| Yield | 0.011 |
| Ytd Return | 25.16613 |