FIXD Stock Summary and Trading Ideas (First Trust Tcw Opportunistic Fixed Income ETF | NASDAQ:FIXD)

The First Trust TCW Opportunistic Fixed Income ETF is an actively managed exchange-traded fund. The Funds investment objective is to seek to maximize long-term total return. Under normal market conditions, the Fund pursues its objective by investing at least 80% of its net assets (including investment borrowings) in fixed income securities of any credit quality.

First Trust Tcw Opportunistic Fixed Income ETF trades on the NASDAQ stock market under the symbol FIXD.

As of December 12, 2024, FIXD stock price declined to $43.70 with 587,052 million shares trading.

FIXD has a beta of 0.15, meaning it tends to be less sensitive to market movements. FIXD has a correlation of 0.07 to the broad based SPY ETF.

FIXD has a market cap of $5.07 billion. This is considered a Mid Cap stock.

In the last 3 years, FIXD traded as high as $53.62 and as low as $40.86.

FIXD has underperformed the market in the last year with a price return of +5.2% while the SPY ETF gained +32.3%. FIXD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.1% and -0.4%, respectively, while the SPY returned +9.3% and +0.9%, respectively.

FIXD support price is $43.69 and resistance is $44.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FIXD shares will trade within this expected range on the day.