DEED
First Trust Securitized Plus ETF
📎 Investment Objective
The First Trust Securitized Plus ETF (DEED) seeks to provide investment results that correspond generally to the price and yield performance of the ICE BofA US Securitized Plus Index.
Overview
ETF tracking First Trust Securitized Plus ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Securitized Plus ETF (DEED) seeks to provide investment results that correspond generally to the price and yield performance of the ICE BofA US Securitized Plus Index.
🎯 Investment Strategy
The fund invests in a portfolio of securitized debt instruments, including mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities. The fund's investment strategy is designed to track the performance of the underlying index.
✨ Key Features
- Broad exposure to the securitized debt market
- Passively managed to track the ICE BofA US Securitized Plus Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Interest rate risk: The value of the fund's holdings may decline when interest rates rise
- Credit risk: The underlying securities may default or experience reduced credit quality
- Liquidity risk: Securitized debt instruments may have limited trading volume and liquidity
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the securitized debt market as part of a diversified fixed-income portfolio. However, due to the limited performance history, investors should carefully consider the risks and monitor the fund's performance before investing.