About First Trust TCW Securitized Plus ETF (DEED)

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that tracks the performance of the Bloomberg Barclays U.S. Securitized Index. This index is comprised of various types of securitized debt, such as mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities. DEED aims to provide investors with exposure to the securitized debt market, which can offer attractive yield potential and diversification benefits. The ETF is managed by TCW Investment Management Company, a leading asset manager with extensive expertise in fixed income investing. DEED has a current market capitalization of approximately $100 million and trades with a moderate daily trading volume. It is designed for investors seeking income and potential capital appreciation through exposure to a diversified portfolio of securitized debt instruments.

In terms of performance, DEED has shown resilience and consistent returns. It has weathered various market cycles and demonstrated its ability to generate competitive risk-adjusted returns. Its 52-week range reflects a stable performance, with a low range of $25 and a high range of $30. The ETF has recently been trading within its day range of $27 to $29. DEED's market capitalization of $100 million reflects its popularity among investors. Its net assets are well-diversified across various securitized debt instruments, reducing concentration risk. The ETF has a relatively low expense ratio, making it an attractive investment option for cost-conscious investors. Additionally, DEED's PEG ratio indicates a reasonable valuation compared to its industry peers.