Performance analysis of FCAL (FIRST TRUST CALIFORNIA MUNICIPAL HIGH INCOME ETF)
Annual Return
Over the past 3 years, FCAL has had an average annual return of +3.79%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, FCAL has had an average annual return of +0.81%, underperforming the benchmark SPY, which returned +13.88% annual.
Since Jun 27, 2017, FCAL has had an average annual return of +2.61%, underperforming the benchmark SPY, which returned +15.36% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.89% | +3.20% | +1.90% | +6.08% | -9.50% | +3.26% | +3.51% | +9.32% | +0.31% | +4.40% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.78% | +1.34% | -2.08% | +1.20% | +0.43% | +0.25% | +1.89% | ||||||
| 2025 | +0.10% | +0.81% | -1.80% | -0.26% | -0.41% | +0.32% | -0.57% | +0.70% | +2.39% | +1.35% | +0.42% | +0.16% | +3.20% |
| 2024 | +0.02% | +0.19% | +0% | -0.87% | -0.10% | +1.46% | +0.68% | +0.71% | +0.67% | -0.88% | +1.47% | -1.42% | +1.90% |
| 2023 | +2.92% | -2.01% | +1.57% | +0.15% | -0.81% | +0.87% | +0.35% | -1.50% | -1.75% | -1.03% | +5% | +2.41% | +6.08% |
| 2022 | -2.79% | -0.64% | -3.13% | -3.55% | +1.10% | -2.09% | +2.67% | -1.57% | -3.66% | -0.74% | +4.70% | +0.13% | -9.50% |
| 2021 | +1% | -1.35% | +0.58% | +1.32% | +0.52% | +0.77% | +0.77% | -0.33% | -0.93% | -0.21% | +0.92% | +0.18% | +3.26% |
| 2020 | +2.14% | +1.28% | -6.99% | -2.81% | +3.49% | +2.10% | +2% | -0.56% | +0.27% | +0.23% | +1.74% | +1.01% | +3.51% |
| 2019 | +0.07% | +0.92% | +2.11% | +0.46% | +1.60% | +0.72% | +0.85% | +1.99% | -0.61% | +0.20% | +0.26% | +0.41% | +9.32% |
| 2018 | -2.01% | -0.75% | +1.02% | -0.47% | +1.14% | -0% | +0.20% | +0.58% | -0.86% | -0.95% | +0.90% | +1.56% | +0.31% |
| 2017 | -0.02% | +0.68% | +1.21% | -0.22% | +0.37% | +0.20% | +2.11% | +4.40% |
Drawdown analysis of FCAL (FIRST TRUST CALIFORNIA MUNICIPAL HIGH INCOME ETF)
The maximum drawdown for the FCAL was -14.81%, occurring on Mar 20, 2020. Recovery took 189 trading sessions.
The current FCAL drawdown is -0.24%.
Since Jun 27, 2017 FCAL has experienced the following drawdowns:
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.81% | Feb 28, 2020 | 15 | Mar 20, 2020 | 189 | Dec 17, 2020 | 204 |
| -14.43% | Jul 20, 2021 | 321 | Oct 26, 2022 | 763 | Nov 11, 2025 | 1084 |
| -2.96% | Dec 29, 2017 | 34 | Feb 20, 2018 | 212 | Dec 21, 2018 | 246 |
| -2.58% | Feb 27, 2026 | 20 | Mar 27, 2026 | Ongoing | Ongoing | Ongoing |
| -2.28% | Feb 12, 2021 | 8 | Feb 25, 2021 | 49 | May 6, 2021 | 57 |
| -1.26% | Aug 28, 2019 | 13 | Sep 17, 2019 | 15 | Oct 8, 2019 | 28 |
| -1.09% | Oct 9, 2019 | 21 | Nov 7, 2019 | 34 | Dec 27, 2019 | 55 |
| -1.03% | Dec 7, 2017 | 4 | Dec 13, 2017 | 10 | Dec 28, 2017 | 14 |
| -0.88% | Aug 15, 2017 | 2 | Aug 17, 2017 | 44 | Oct 19, 2017 | 46 |
| -0.71% | Apr 15, 2019 | 1 | Apr 16, 2019 | 9 | Apr 30, 2019 | 10 |
| -0.65% | Dec 28, 2018 | 11 | Jan 15, 2019 | 11 | Jan 31, 2019 | 22 |
| -0.64% | Nov 20, 2017 | 6 | Nov 29, 2017 | 4 | Dec 5, 2017 | 10 |
| -0.57% | Dec 21, 2018 | 2 | Dec 26, 2018 | 2 | Dec 28, 2018 | 4 |
| -0.56% | Mar 29, 2019 | 1 | Apr 1, 2019 | 10 | Apr 15, 2019 | 11 |
| -0.53% | Jun 3, 2021 | 1 | Jun 4, 2021 | 3 | Jun 9, 2021 | 4 |
| -0.51% | Jul 3, 2019 | 1 | Jul 5, 2019 | 2 | Jul 9, 2019 | 3 |
| -0.50% | Jun 27, 2017 | 6 | Jul 6, 2017 | 7 | Jul 17, 2017 | 13 |
| -0.50% | Jun 15, 2021 | 6 | Jun 23, 2021 | 9 | Jul 7, 2021 | 15 |
| -0.46% | Dec 21, 2020 | 1 | Dec 22, 2020 | 3 | Dec 28, 2020 | 4 |
| -0.42% | Jun 28, 2019 | 1 | Jul 1, 2019 | 2 | Jul 3, 2019 | 3 |
| -0.41% | Nov 28, 2025 | 11 | Dec 15, 2025 | 7 | Dec 24, 2025 | 18 |
| -0.40% | May 10, 2021 | 3 | May 13, 2021 | 3 | May 18, 2021 | 6 |
| -0.39% | Jan 31, 2020 | 3 | Feb 5, 2020 | 8 | Feb 18, 2020 | 11 |
| -0.39% | May 20, 2019 | 1 | May 21, 2019 | 6 | May 30, 2019 | 7 |
| -0.39% | Oct 19, 2017 | 10 | Nov 2, 2017 | 1 | Nov 3, 2017 | 11 |