First Trust Exchange-Traded Fund IV (CAAA) Performance
CAAA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.2% since Dec 31, 2025
- 1 year
- +1.4% total return
- Since first price
- +13.8% since 2024
CAAA trailing returns vs SPY, QQQ, AGG
| Period | CAAA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.6% | −0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.3% | −1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.6% | −2.6% | +7.8% | +8.4% | −1.5% |
| YTD | +0.2% | −3.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.4% | −3.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 28, 2024 | +13.8% | −1.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CAAA vs SPY
From Feb 28, 2024: CAAA grew to $11,377, SPY to $15,503.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CAAA returns by calendar year
1 of 1 full years positive. Best 2025 (+8.5%), worst 2025 (+8.5%). 2026 is year to date.
CAAA annual returns table
| Year | CAAA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +0.2% | −2.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.5% | −1.5% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CAAA risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +4.7% |
| Volatility (annualized) | 3.4% |
| Sharpe ratio | 0.13 |
| Sortino ratio | 0.17 |
| Best month | +1.9% |
| Worst month | −1.8% |
| Best 12 months | +8.7% |
| Worst 12 months | +1.2% |
| Positive months | 74% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CAAA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 21 | +1.2% | +6.2% | +8.7% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
CAAA performance overview
First Trust Exchange-Traded Fund IV (CAAA) returned +1.4% over the past year, with distributions reinvested. Since its first recorded price on Feb 28, 2024 it has returned +13.8%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: CAAA chart, CAAA dividends. See the CAAA overview for the latest quote and fund facts.
CAAA performance FAQ
What is the CAAA return over the past year?
CAAA returned +1.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.7%.
How much would $10,000 invested in CAAA be worth?
$10,000 invested in CAAA at its first recorded close on February 28, 2024 would be worth about $11,377 on October 23, 2026 with distributions reinvested.
How volatile is CAAA?
Over the past history CAAA had an annualized volatility of 3.4% and a Sharpe ratio of 0.13 (excess return over 1–3 month T-bills per unit of risk).