FCAL Performance — First Trust California Municipal High Income ETF
Data updated: 2026-10-13
FCAL returned +0.63% year to date and +5.60% over one year to Jul 2026. Annualised returns are +2.98% over 3 years and +0.23% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $109, against $110 for the category, and to $106 over one year, against $106. Volatility over the past three years was 4.96% a year. In the 12 months to Jul 2026 the fund took in a net $17.4M, and assets reached $218.74M.
FCAL Growth of $100
What $100 invested in First Trust California Municipal High Income ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | FCAL | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $106 |
| 3 years (Aug 2023 – Jul 2026) | $109 | $110 |
| 5 years (Aug 2021 – Jul 2026) | $101 | $101 |
| Since data start (Aug 2019 – Jul 2026) | $111 | $110 |
FCAL Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.63% |
| 1 year | +5.60% |
| 3 years (annualised) | +2.98% |
| 5 years (annualised) | +0.23% |
FCAL Annual Returns
Calendar-year total returns of First Trust California Municipal High Income ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.63% |
| 2025 | +3.04% |
| 2024 | +2.06% |
| 2023 | +5.88% |
| 2022 | −9.40% |
| 2021 | +3.29% |
| 2020 | +3.58% |
| 2019 (Aug–Dec) | +2.27% |
FCAL Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | +1.4% | −2.1% | +1.1% | +0.5% | +0.8% | −1.8% | — | — | — | — | — |
| 2025 | +0.1% | +0.9% | −1.6% | −0.9% | −0.2% | +0.5% | −0.5% | +0.7% | +2.3% | +1.4% | +0.4% | +0.1% |
| 2024 | 0.0% | +0.2% | +0.1% | −1.0% | 0.0% | +1.4% | +0.7% | +0.7% | +1.0% | −1.3% | +1.5% | −1.1% |
| 2023 | +2.6% | −1.9% | +1.4% | 0.0% | −0.7% | +0.9% | +0.3% | −0.9% | −2.2% | −1.0% | +5.2% | +2.3% |
| 2022 | −2.7% | −0.7% | −3.1% | −3.4% | +1.0% | −2.2% | +2.9% | −1.6% | −3.6% | −0.7% | +4.3% | +0.3% |
| 2021 | +1.0% | −1.4% | +0.8% | +1.1% | +0.7% | +0.5% | +0.9% | −0.3% | −0.9% | −0.2% | +1.0% | +0.2% |
| 2020 | +2.1% | +1.5% | −7.1% | −2.6% | +3.5% | +1.9% | +2.0% | −0.2% | +0.1% | 0.0% | +1.8% | +1.0% |
| 2019 | — | — | — | — | — | — | — | +1.9% | −0.5% | +0.1% | +0.2% | +0.5% |
FCAL Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 4.96%
- 3-year Sharpe ratio: -0.31 (vs 4.5% risk-free rate)
- Best month: +5.17% (Nov 2023)
- Worst month: −2.22% (Sep 2023)
FCAL Fund Flows
Monthly money in and out of First Trust California Municipal High Income ETF, from SEC Form N-PORT.
- 12-month net flow: $17.4M
- 12-month gross sales (incl. reinvestments): $49.2M
- Sales ÷ redemptions: 1.55×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $0 | $0 |
| Jun 2026 | $2.5M | $0 | $2.5M |
| May 2026 | $17.2M | $2.5M | $14.7M |
| Apr 2026 | $0 | $4.9M | −$4.9M |
| Mar 2026 | $2.4M | $0 | $2.4M |
| Feb 2026 | $2.5M | $0 | $2.5M |
| Jan 2026 | $7.4M | $4.9M | $2.5M |
| Dec 2025 | $7.4M | $0 | $7.4M |
| Nov 2025 | $4.9M | $0 | $4.9M |
| Oct 2025 | $2.4M | $2.5M | −$22K |
| Sep 2025 | $0 | $14.5M | −$14.5M |
| Aug 2025 | $2.4M | $2.4M | −$3K |
FCAL Assets Under Management
Net assets of First Trust California Municipal High Income ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $218.74M |
| 2026-04-30 | $204.60M |
| 2026-01-31 | $205.57M |
| 2025-10-31 | $189.84M |
| 2025-07-31 | $197.63M |
| 2025-04-30 | $281.60M |
| 2025-01-31 | $271.32M |
| 2024-10-31 | $259.89M |
| 2024-07-31 | $253.52M |
| 2024-04-30 | $215.70M |
| 2024-01-31 | $216.43M |
| 2023-10-31 | $146.74M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.