Skip to content
Beacon
Screener

CAAA vs LGOV

First Trust AAA CMBS ETF vs First Trust Long Duration Opportunities ETF

CAAA

First Trust AAA CMBS ETF

First Trust

Annual cost

0.30%

Fund size

$33M

LGOV

First Trust Long Duration Opportunities ETF

First Trust

Annual cost

0.49%

Fund size

$664M

Key differences

  • CAAA costs 0.19% less per year.
  • LGOV is significantly larger than CAAA — larger funds tend to be more liquid and less likely to close.
  • CAAA is classified as alternative, while LGOV is fixed income — different risk/return profiles.
  • CAAA follows a multi strategy strategy; LGOV uses index tracking.
  • LGOV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CAAALGOV
Annual cost (TER)0.30%0.49%
Fund size (AUM)$33M$664M
Since20242019
Dividend yield5.23%4.21%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+5.6%+7.1%
CAGR 3YN/A+2.8%
CAGR 5YN/A-1.4%
Sharpe 3YN/A-0.04
Volatility 1Y3.04%7.03%
Max drawdown-2.24%-30.85%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CAAA and LGOV