First Trust Maximum Drawdown
| FTXO ETF | | | USD 38.25 -0.38 -0.98% |
Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough. Below is First Trust's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
At 7.41, First Trust's Maximum Drawdown indicates a contained peak-to-trough loss. First Trust's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 7.41 | |
| MAX | = | Maximum notation for the range of returns on First Trust |
Maximum Drawdown Peers Comparison
First Trust's Maximum Drawdown of 7.41 falls above the 5.09 peer average. Values range from 3.29 (VictoryShares Small Cap) to 6.75 (Global X MSCI), with moderate dispersion across the group. First Trust's deeper drawdown relative to peers indicates greater historical downside exposure.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for First Trust and its peers. Each point represents one equity — position along the horizontal axis shows Maximum Drawdown while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
First Trust shows nearly
1.00 of Maximum Drawdown per unit of Maximum Drawdown (
7.41 versus
7.41 ). The two measures are closely aligned in magnitude for First Trust.
Methodology, Assumptions & Data Sources
First Trust has a current Maximum Drawdown reading of 7.41. This Maximum Drawdown reading for First Trust results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
Other Technical Indicators