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Upturn AI SWOT - About
First Trust TCW Securitized Plus ETF (DEED)
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Upturn Advisory Summary
10/24/2025: DEED (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 3.69% | Avg. Invested days 49 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.19 | 52 Weeks Range 19.53 - 21.39 | Updated Date 06/30/2025 |
52 Weeks Range 19.53 - 21.39 | Updated Date 06/30/2025 |
Upturn AI SWOT
First Trust TCW Securitized Plus ETF
ETF Overview
Overview
The First Trust TCW Securitized Plus ETF (FSPT) is an actively managed fixed income ETF that seeks to provide current income and total return by investing primarily in securitized debt instruments, including mortgage-backed securities (MBS), asset-backed securities (ABS), and commercial mortgage-backed securities (CMBS).
Reputation and Reliability
First Trust is a well-established ETF provider with a solid reputation for offering innovative and specialized investment solutions.
Management Expertise
TCW Investment Management, a sub-advisor, brings significant expertise in securitized debt markets, with a team of experienced portfolio managers and analysts.
Investment Objective
Goal
To seek current income and total return.
Investment Approach and Strategy
Strategy: The ETF employs an active management strategy, focusing on security selection and sector allocation within the securitized debt market.
Composition Primarily invests in agency and non-agency MBS, ABS, and CMBS.
Market Position
Market Share: Data unavailable.
Total Net Assets (AUM): 141400000
Competitors
Key Competitors
- AGG
- MBB
- VMBS
- SPMB
Competitive Landscape
The securitized debt market is highly competitive. FSPT differentiates itself through active management and a focus on value opportunities within the securitized space. However, it faces competition from larger, passively managed ETFs like AGG and MBB which have significantly lower expense ratios. FSPT's active management aims to outperform these passive benchmarks, but outperformance is not guaranteed and comes at a higher cost.
Financial Performance
Historical Performance: Historical performance data unavailable in specified format.
Benchmark Comparison: Benchmark comparison data unavailable in specified format.
Expense Ratio: 0.0054
Liquidity
Average Trading Volume
Average trading volume is moderate, which could impact the ease of buying or selling large blocks of shares.
Bid-Ask Spread
The bid-ask spread can vary, potentially affecting trading costs, especially for larger trades.
Market Dynamics
Market Environment Factors
Economic growth, interest rate movements, housing market conditions, and credit spreads all influence the performance of FSPT's underlying securitized debt holdings.
Growth Trajectory
The growth trajectory of FSPT depends on the overall health of the securitized debt market and the ability of the active management team to identify and capitalize on investment opportunities.
Moat and Competitive Advantages
Competitive Edge
FSPT benefits from TCW's specialized expertise in the securitized debt market, allowing for potentially superior security selection and sector allocation. The active management strategy seeks to identify undervalued assets and generate alpha, potentially outperforming passive benchmarks. However, active management fees are higher, and there's no guarantee of outperformance. The focus on securitized assets provides diversification within fixed income, but also introduces complexity and credit risk considerations.
Risk Analysis
Volatility
The ETF's volatility is influenced by the underlying securities and the overall interest rate environment. Securitized debt can exhibit moderate volatility.
Market Risk
The ETF is exposed to market risk, credit risk (default risk of underlying issuers), interest rate risk (changes in interest rates affecting bond values), and prepayment risk (early repayment of mortgages or loans).
Investor Profile
Ideal Investor Profile
Investors seeking current income and total return with a moderate risk tolerance, who understand the complexities of securitized debt, may find FSPT suitable.
Market Risk
FSPT may be appropriate for long-term investors seeking diversification within their fixed income allocation, but active monitoring is recommended due to the active management strategy.
Summary
The First Trust TCW Securitized Plus ETF (FSPT) is an actively managed fixed income ETF focused on securitized debt instruments. It offers potential for current income and total return through TCW's expertise in the securitized market. However, the active management strategy comes with a higher expense ratio than passive alternatives. Investors should carefully consider the complexities and risks associated with securitized debt and the ETF's investment approach before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust website
- ETF.com
- Bloomberg
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with a financial advisor before making investment decisions. Market share data was unavailable for comprehensive comparison.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust TCW Securitized Plus ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in securitized debt securities, including asset-backed securities, residential and commercial mortgage-backed securities and collateralized loan obligations (CLOs). It will invest at least 50% of its total assets in securities issued or guaranteed by the U.S. government, its agencies or instrumentalities (such as Ginnie Mae), and U.S. government-sponsored entities (such as Fannie Mae and Freddie Mac).
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