FCVT vs ICVT
First Trust SSI Strategic Convertible Securities ETF against iShares Convertible Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
31%
87 shared positions
Fee gap
75 bp
ICVT is cheaper
1-year return gap
0.1 pts
ICVT is ahead
Larger fund
ICVT
$7.7B
Side by side
| FCVT | ICVT | |
|---|---|---|
| Fund | First Trust SSI Strategic Convertible Securities ETF | iShares Convertible Bond ETF |
| Issuer | First Trust | iShares |
| Category | Convertibles | Convertibles |
| Expense ratio | 0.95% | 0.20% |
| Assets | $80M | $7.7B |
| Average daily dollar volume | $1.1M | $78M |
| Listed | Nov 3, 2015 | Jun 2, 2015 |
| FrenzyCap score | 36 | 85 |
| 1-month return | −7.8% | −7.4% |
| 3-month return | −8.6% | −7.8% |
| Year to date | +6.8% | +8.5% |
| 1-year return | +4.1% | +4.2% |
| 30-day volatility | 18.3% | 16.3% |
| Worst drawdown, 1 year | −17.3% | −15.4% |
| Trailing 12-month yield | 1.19% | 1.50% |
| Holdings | 116 | 390 |
| Top 10 weight | 24.2% | 11.3% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$15M thru Jul 2026 | +$1.1B thru Jul 2026 |
| 30-day implied volatility | — | 24.9% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
68% of FCVT · 33% of ICVT| Holding | FCVT | ICVT |
|---|---|---|
| LUMENTUM HOLDINGS INC Convertible, 0.375%, due 03/15/2032 | 1.45% | 1.69% |
| BLOOM ENERGY CORP Convertible, 0%, due 11/15/2030 | 1.28% | 1.05% |
| MODERNA INC Convertible, 0%, due 03/01/2032 | 1.01% | 1.25% |
| NEBIUS GROUP NV Convertible, 1.25%, due 03/15/2031 | 2.03% | 0.90% |
| NEBIUS GROUP NV Convertible, 0.50%, due 02/15/2030 | 1.72% | 0.89% |
| CLOUDFLARE INC Convertible, 0%, due 06/15/2030 | 1.23% | 0.82% |
| CIENA CORP Convertible, 0%, due 09/15/2031 | 0.77% | 0.76% |
| SNOWFLAKE INC Convertible, 0%, due 10/01/2027 | 1.85% | 0.70% |
| ROBINHOOD MARKETS INC Convertible, 0%, due 10/01/2029 | 0.79% | 0.65% |
| MKS INC Convertible, 1.25%, due 06/01/2030 | 1.06% | 0.63% |
| WELLTOWER OP LLC Convertible, 2.75%, due 05/15/2028 | 1.79% | 0.63% |
| AKAMAI TECHNOLOGIES INC Convertible, 0.25%, due 05/15/2033 | 1.77% | 0.61% |
| UBER TECHNOLOGIES INC Convertible, 0.875%, due 12/01/2028 | 0.64% | 0.60% |
| NEBIUS GROUP NV Convertible, 4.50%, due 02/15/2034 | 1.67% | 0.58% |
| COREWEAVE INC Convertible, 1.75%, due 10/01/2032 | 0.56% | 0.88% |
| CYBERARK SOFTWARE LTD Convertible, 0%, due 06/15/2030 | 1.07% | 0.54% |
| DOORDASH INC Convertible, 0%, due 05/15/2030 | 0.53% | 0.80% |
| DYNATRACE LLC Convertible, 0%, due 09/01/2031 | 0.60% | 0.50% |
| MP MATERIALS CORP Convertible, 3%, due 03/01/2030 | 0.62% | 0.49% |
| HALOZYME THERAPEUTICS INC Convertible, 1.50%, due 10/01/2033 | 0.60% | 0.48% |
| RIVIAN AUTO INC Convertible, 3.625%, due 10/15/2030 | 0.73% | 0.47% |
| ON SEMICONDUCTOR CORP Convertible, 0.50%, due 03/01/2029 | 1.53% | 0.47% |
| JAZZ INVESTMENTS I LTD Convertible, 3.125%, due 09/15/2030 | 0.50% | 0.47% |
| SWIFT HOLDINGS CORP Convertible, 1%, due 11/15/2031 | 0.74% | 0.45% |
| ONTO INNOVATION INC Convertible, 0%, due 06/01/2031 | 1.03% | 0.43% |
Sector mix of the stock holdings
| Sector | FCVT | ICVT | Gap |
|---|---|---|---|
| Technology | 10.2% | 0.0% | +10.2% |
| Other | 1.2% | 0.0% | +1.2% |
More: full overlap table · FCVT holdings · ICVT holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.