Performance analysis of MGOV (FIRST TRUST INTERMEDIATE GOVERNMENT OPPORTUNITIES ETF)
Annual Return
Since Aug 3, 2023, MGOV has had an average annual return of +5.28%, underperforming the benchmark SPY, which returned +21.89% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.39% | +8.54% | +1.56% | +4.55% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.54% | +2.07% | -2.28% | +0.10% | +0.00864% | +0% | +0.39% | ||||||
| 2025 | +0.69% | +2.55% | +0.20% | +0.44% | -1.52% | +1.84% | -0.19% | +1.71% | +1.30% | +0.91% | +0.70% | -0.33% | +8.54% |
| 2024 | -0.08% | -1.23% | +0.78% | -2.78% | +1.96% | +1.17% | +2.36% | +1.78% | +1.49% | -3.15% | +1.35% | -1.90% | +1.56% |
| 2023 | +0.35% | -2.73% | -1.91% | +5.23% | +3.76% | +4.55% |
Drawdown analysis of MGOV (FIRST TRUST INTERMEDIATE GOVERNMENT OPPORTUNITIES ETF)
The maximum drawdown for the MGOV was -6.11%, occurring on Oct 19, 2023. Recovery took 30 trading sessions.
The current MGOV drawdown is -2.17%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.11% | Aug 9, 2023 | 50 | Oct 19, 2023 | 30 | Dec 1, 2023 | 80 |
| -5.73% | Sep 16, 2024 | 81 | Jan 13, 2025 | 138 | Aug 1, 2025 | 219 |
| -4.00% | Feb 1, 2024 | 51 | Apr 16, 2024 | 42 | Jun 14, 2024 | 93 |
| -3.52% | Feb 27, 2026 | 56 | May 19, 2026 | Ongoing | Ongoing | Ongoing |
| -1.86% | Dec 27, 2023 | 18 | Jan 24, 2024 | 6 | Feb 1, 2024 | 24 |
| -1.68% | Jun 25, 2024 | 4 | Jul 1, 2024 | 7 | Jul 11, 2024 | 11 |
| -1.47% | Aug 5, 2024 | 3 | Aug 8, 2024 | 11 | Aug 23, 2024 | 14 |
| -1.04% | Nov 26, 2025 | 11 | Dec 12, 2025 | 21 | Jan 14, 2026 | 32 |
| -0.97% | Oct 28, 2025 | 6 | Nov 5, 2025 | 14 | Nov 25, 2025 | 20 |
| -0.83% | Jul 16, 2024 | 6 | Jul 24, 2024 | 3 | Jul 29, 2024 | 9 |
| -0.75% | Jan 14, 2026 | 3 | Jan 20, 2026 | 13 | Feb 6, 2026 | 16 |
| -0.71% | Sep 16, 2025 | 8 | Sep 26, 2025 | 10 | Oct 10, 2025 | 18 |
| -0.55% | Aug 13, 2025 | 2 | Aug 15, 2025 | 5 | Aug 22, 2025 | 7 |
| -0.54% | Jun 14, 2024 | 1 | Jun 17, 2024 | 5 | Jun 25, 2024 | 6 |
| -0.54% | Dec 14, 2023 | 2 | Dec 18, 2023 | 2 | Dec 20, 2023 | 4 |
| -0.42% | Dec 7, 2023 | 1 | Dec 8, 2023 | 3 | Dec 13, 2023 | 4 |
| -0.40% | Aug 28, 2025 | 2 | Sep 2, 2025 | 2 | Sep 4, 2025 | 4 |
| -0.35% | Aug 5, 2025 | 3 | Aug 8, 2025 | 3 | Aug 13, 2025 | 6 |
| -0.33% | Sep 10, 2024 | 2 | Sep 12, 2024 | 2 | Sep 16, 2024 | 4 |
| -0.32% | Oct 21, 2025 | 3 | Oct 24, 2025 | 1 | Oct 27, 2025 | 4 |
| -0.32% | Sep 8, 2025 | 1 | Sep 9, 2025 | 2 | Sep 11, 2025 | 3 |
| -0.29% | Aug 29, 2024 | 1 | Aug 30, 2024 | 1 | Sep 3, 2024 | 2 |
| -0.25% | Feb 25, 2026 | 1 | Feb 26, 2026 | 1 | Feb 27, 2026 | 2 |
| -0.22% | Oct 16, 2025 | 1 | Oct 17, 2025 | 2 | Oct 21, 2025 | 3 |
| -0.18% | Dec 1, 2023 | 1 | Dec 4, 2023 | 1 | Dec 5, 2023 | 2 |