Summary
First Trust SSI Strategic Convertible Securities ETF is an ETF - a fund traded on an exchange like a stock - run by First Trust. Positions inside: 116. The ten largest make up 24% of the fund.
- Yearly costs
- 0.95%
- Fund size
- $79.1M
- Positions
- 116
- Dividend yield
- 1.21%
- Running since
- 2015
What speaks for it
- Widely spread: the ten largest positions make up only 24% of the fund.
- Average yearly growth over the last ten years: 5.9%.
- It has been running since 2015.
What to watch
- 81% of the fund is in one country (United States).
- Costs of 0.95% a year are above the middle of comparable funds (0.20%).
- In the last five years its price once dropped by 47% from its high.
- A small fund with $79.1M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -7.2%
- 3 months
- -8.1%
- This year
- +5.6%
- 1 year
- +2.9%
- 3 years
- +51%
- 5 years
- -13%
- 10 years
- +78%
- Avg. market cap
- $194.8B
- P/E
- -
- Forward P/E
- -
- P/S
- -
- P/B
- -
- P/FCF
- -
- EV/EBITDA
- -
- Dividend yield
- -
- ROIC
- -
- ROE
- -
- Gross margin
- -
- Operating margin
- -
- Net margin
- -
- Payout ratio
- -
- Net debt/EBITDA
- -
- Beta
- 1.25
Weighted average of the 11 largest companies, which make up 14% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 GOAlphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs GOOGM 4.3%
- 2 MORGAN STANLEY FIN LLC Convertible, 0.125%, due 04/26/2030 2.7%
- 3 The Boeing Company, Convertible, 6.00%, Due 10/15/2027 2.6%
- 4 LIVE NATION ENTERTAINMENT Convertible, 2.875%, due 01/15/2030 2.5%
- 5 GOAlphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs GOOGN 2.2%
- 6 MORGAN STANLEY FIN LLC Convertible, 0.125%, due 02/07/2028 2.2%
- 7 Hewlett Packard Enterprise Company, Convertible, 7.625%, Due 09/01/2027 2.1%
- 8 NEBIUS GROUP NV Convertible, 1.25%, due 03/15/2031 2.0%
- 9 SNOWFLAKE INC Convertible, 0%, due 10/01/2027 1.8%
- 10 WELLTOWER OP LLC Convertible, 2.75%, due 05/15/2028 1.8%
Positions in the fund: 116. The ten largest make up 24% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Communication services 6.1%
- Technology 3.3%
- Financials 2.5%
- Healthcare 1.2%
- Utilities 0.6%
- Other 86%
By country
- United States 81%
- Netherlands 6.1%
- Australia 1.4%
- Bermuda 0.9%
- Other countries 11%
Largest sector: Communication services (6.1%). Largest country: United States (81%).
What does it cost me?
Expensive- A year from $10,000
- $95.00
- Over 20 years
- $4,410
From every $10,000 invested the fund takes $95.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,410.
How has it done?
Growing over the long run- A year on average, 10 years
- +5.9%
- Deepest drop
- -47%
- Yearly volatility
- 20%
Average yearly growth over the last ten years: 5.9%. Deepest drop in these years: 47% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.21%
- Payments a year
- 12
- Last payment
- $0.05
Over the last 12 months it paid $0.55 per share, which is 1.21% of today's price. The last payment was $0.05 on Sep 24, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.39M
- Shares a day
- 31K
On an average day about $1.39M of the fund changes hands.
How expensive are the companies inside?
Counted from its largest companies (11), which make up 14% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.