ATLASFirst Trust SSI Strategic Convertible Securities ETF (FCVT): outlook, holdings and fees
First Trust SSI Strategic Convertible Securities ETF (FCVT) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.93% and the yield is 1.17%. The ten largest holdings are 13% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FCVT
| Last price | $44.82 (-0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $43.43 – $46.63 |
| Normal 1-day range (±1σ) | ±1.2% |
| Distribution yield | 1.17% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FCVT fund facts
| Issuer | First Trust |
|---|---|
| Theme | Corporate bonds |
| Assets under management | $94.8M |
| Expense ratio | 0.93% |
| Number of holdings | 8 |
| Portfolio turnover | 92% |
| Inception | Nov 3, 2015 |
| Exchange | NASDAQ |
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.
FCVT top holdings
| Holding | Sector | Weight |
|---|---|---|
| GOOGM GOOGM | – | 3.70% |
| GOOGN GOOGN | – | 1.87% |
| Wells Fargo & Company WFC-PL | Financial Services | 1.66% |
| Lumentum Holdings Inc LITE | Technology | 1.41% |
| Super Micro Computer, Inc. Depositary Shares representing a 1/20th Interest in a Share of 7% Series A Mandatory Convertible Preferred Stock SMCIP | Technology | 1.23% |
| Bank of America Corporation BAC-PL | Financial Services | 1.09% |
| Microchip Technology Incorporated MCHPP | Technology | 0.90% |
| BrightSpring Health Services, Inc. Tangible Equity Unit BTSGU | Healthcare | 0.86% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FCVT sector breakdown
| Sector | Weight |
|---|---|
| Technology | 51.2% |
| Utilities | 27.7% |
| Healthcare | 21.1% |
By region: North America 100.0%.
FCVT returns and risk
| Year to date | +14.0% |
|---|---|
| 1 year | +11.6% |
| 3 years (annualised) | +18.8% |
| 5 years (annualised) | +5.2% |
| 10 years (annualised) | +11.2% |
| Volatility (3 years) | 14.5% |
| Sharpe ratio (3 years) | 0.92 |
Past returns do not guarantee future results.
FCVT: frequently asked questions
What does FCVT invest in?
First Trust SSI Strategic Convertible Securities ETF invests in a portfolio of securities. Its largest holdings are GOOGM (3.7%), GOOGN (1.9%), Wells Fargo & Company (1.7%), Lumentum Holdings Inc (1.4%), Super Micro Computer, Inc. Depositary Shares representing a 1/20th Interest in a Share of 7% Series A Mandatory Convertible Preferred Stock (1.2%).
What is the FCVT expense ratio?
0.93% a year: about $93.00 for every $10,000 invested.
What is the FCVT dividend yield?
1.17%. ATLAS does not hold the exact distribution dates for ETFs.
Will FCVT go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $43.43 to $46.63 from $44.82 today. It is a probability, not a prediction.
How has FCVT performed?
Year to date +14.0%, one year +11.6%, three years +18.8% a year, five years +5.2% a year. Past returns do not guarantee future results.
Similar ETFs: Corporate bonds
- Vanguard Intermediate-Term Corporate Bond ETF (VCIT)
- Vanguard Short-Term Corporate Bond ETF (VCSH)
- SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB)
- State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB)
- Vanguard Long-Term Corporate Bond ETF (VCLT)
- SPDR Bloomberg Convertible Securities ETF (CWB)
- Fidelity Investment Grade Securitized ETF (FSEC)
- State Street SPDR Portfolio Corporate Bond ETF (SPBO)
Educational information, not investment advice. Disclaimer