First Trust Indxx ETF Performance

LEGR ETF  USD 64.53  1.56  2.48%   
First Trust has performed against its sector and the broad market over time. Based on the 3 months horizon, First Trust shows an expected return of 0.0765%.
Risk-Adjusted Performance
0100
5 · Contained
On a recent 90-day basis, First Trust Indxx sits below 5% of comparable global equities and portfolios in risk-adjusted performance. Return quality should be judged alongside the volatility required to produce it. First Trust has generated minimal returns over the measured period, suggesting limited compensation for volatility. Learn More

Relative Risk vs. Return Landscape

If you had invested $ 6,174 in First Trust Indxx on February 6, 2026 and sold it today, you would have earned $ 279.00 , a return of 4.52% over 90 days. First Trust Indxx is currently generating a 0.0765% daily expected return and carries 1.13% risk (volatility on return distribution) over a 90-day horizon. In relative terms, First Trust exhibits above-average volatility, exceeding roughly 90% of comparable etfs, and LEGR has trailed 99% of traded instruments in return over the 90-day horizon.
  Expected Return   
       Risk  
This comparison focuses on expected return, realized volatility, and risk efficiency versus the market. It is informative when expected return is read together with volatility rather than in isolation. Given a 90-day horizon, LEGR generates 1.22 times more return on investment than the market. However, LEGR is 1.22 times more volatile than its market benchmark. Its risk-adjusted efficiency stands at about 0.07% per unit of risk. Dow Jones Industrial is currently generating roughly 0.0% per unit of risk.

Target Price Odds to finish over Current Price

Mean reversion in First Trust ETF pricing reflects the documented tendency for ETFs to gravitate toward equilibrium. While this pattern holds broadly, certain ETFs can remain mispriced for extended periods before correction.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
64.53 90 days 64.53
about 1.69 %
Using a normal distribution model, the likelihood of First Trust moving above the current price in 90 days from now is about 1.69 %. Past return patterns over this horizon reflect a distribution that has favored above-current-price scenarios. (The curve shows where outcomes have been clustering for First Trust ETF over the next 90 days). The curve width gives a practical read on how much uncertainty surrounds First Trust ETF over this horizon.
Given a 90-day horizon, the ETF has the beta coefficient of 1.03 . This indicates First Trust Indxx market returns are sensible to returns on the market. As the market goes up or down, First Trust tends to follow. Additionally, First Trust Indxx has an alpha of 0.0883, implying that it can generate a 0.0883 percent excess return over Dow Jones Industrial after adjusting for the inherent market risk (beta).
   First Trust Price Density   
       Price  

Predictive Modules for First Trust

Forecasting First Trust Indxx requires combining quantitative signals with evolving sentiment and fundamental trends. Each approach has strengths and limitations, making diversified forecasting strategies especially important for First Trust Indxx.
Mean reversion is the tendency of First Trust's price to return to its historical average after periods of extreme deviation. Some analysts monitor this tendency by comparing First Trust's price extremes to fundamental value.
Sentiment
Range
LowSentimentHigh
63.4064.5365.66
Details
Intrinsic
Valuation
LowIntrinsicHigh
63.9065.0366.16
Details
Naive
Forecast
LowNextHigh
62.1463.2764.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
58.9261.8864.84
Details
First Trust is positioned within its peer group by benchmarking margins, returns, and multiples. This peer-relative view identifies where First Trust leads, trails, or tracks its competitive set.

Primary Risk Indicators

Over the past two decades, the ETF market has experienced significant volatility affecting First Trust. First Trust has seen dramatic price moves that have reshaped risk profiles for its holders.
α
Alpha over Dow Jones
0.09
β
Beta against Dow Jones1.03
σ
Overall volatility
2.03
Ir
Information ratio 0.08

First Trust Fundamentals Growth

The market price of First Trust ETF is shaped by investors' expectations for First Trust's financial performance. Revenue and earnings trends, operating margins, and capital structure decisions all play a role in First Trust ETF pricing.

Performance Metrics & Calculation Methodology

Benchmark tracking for First Trust determines how closely returns mirror the target index after costs. Outperformance relative to the benchmark may reflect exposure tilt, selection effect, or timing.

First Trust Indxx inputs come from fund disclosures and market reference feeds and are mapped into a consistent reporting framework. Return and risk statistics are calculated from historical price series.

Editorial review and methodology oversight provided by: Rifka Kats, Member of Macroaxis Editorial Board