First Trust Securitized Plus ETF (DEED)
First Trust Securitized Plus ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $21.18, up 0.28% on the session, giving a market capitalisation of $86.5M. Its beta of 1.23 implies it has historically moved more than the broad market.
The First Trust Securitized Plus ETF, known by its ticker DEED, is structured with the main goal of achieving optimal long-term total returns for its investors. Under typical market conditions, this exchange-traded fund commits a substantial portion—at least 80%—of its net assets (which includes any leveraged or borrowed funds) to various types of securitized debt instruments. This portfolio encompasses securities such as asset-backed securities (ABS), residential and commercial mortgage-backed securities (MBS), and collateralized loan obligations (CLOs).
First Trust Securitized Plus ETF is most often compared with the following Financial Services names: