MGOV Performance — First Trust Intermediate Government Opportunities ETF
Data updated: 2026-09-24
MGOV returned −0.37% year to date and +3.68% over one year to Jul 2026. The annualised 3-year return is +4.54%. The fund trailed its Intermediate Securitized Bond category average: $100 invested three years ago grew to $114, against $115 for the category, and to $104 over one year, against $104. Volatility over the past three years was 6.41% a year. In the 12 months to Jul 2026 the fund took in a net $36.0M, and assets reached $100.06M.
MGOV Growth of $100
What $100 invested in First Trust Intermediate Government Opportunities ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | MGOV | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $104 |
| 3 years (Aug 2023 – Jul 2026) | $114 | $115 |
MGOV Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.37% |
| 1 year | +3.68% |
| 3 years (annualised) | +4.54% |
MGOV Annual Returns
Calendar-year total returns of First Trust Intermediate Government Opportunities ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.37% |
| 2025 | +8.37% |
| 2024 | +1.70% |
| 2023 (Aug–Dec) | +4.04% |
MGOV 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 | +0.5% | +2.1% | −2.1% | +0.2% | +0.1% | +0.4% | −1.6% | — | — | — | — | — |
| 2025 | +0.6% | +2.6% | +0.1% | +0.4% | −1.1% | +1.8% | −0.3% | +1.4% | +1.5% | +0.8% | +0.7% | −0.3% |
| 2024 | 0.0% | −1.3% | +0.8% | −2.8% | +2.0% | +1.2% | +2.6% | +1.5% | +1.5% | −3.1% | +1.6% | −2.0% |
| 2023 | — | — | — | — | — | — | — | +0.3% | −2.8% | −2.2% | +5.1% | +3.9% |
MGOV Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 6.41%
- 3-year Sharpe ratio: 0.01 (vs 4.5% risk-free rate)
- Best month: +5.05% (Nov 2023)
- Worst month: −3.08% (Oct 2024)
MGOV Fund Flows
Monthly money in and out of First Trust Intermediate Government Opportunities ETF, from SEC Form N-PORT.
- 12-month net flow: $36.0M
- 12-month gross sales (incl. reinvestments): $61.5M
- Sales ÷ redemptions: 2.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $3.0M | −$3.0M |
| Jun 2026 | $5.0M | $1.0M | $4.0M |
| May 2026 | $0 | $1.0M | −$1.0M |
| Apr 2026 | $0 | $1.0M | −$1.0M |
| Mar 2026 | $15.5M | $0 | $15.5M |
| Feb 2026 | $5.1M | $0 | $5.1M |
| Jan 2026 | $1.0M | $0 | $1.0M |
| Dec 2025 | $2.0M | $0 | $2.0M |
| Nov 2025 | $18.5M | $0 | $18.5M |
| Oct 2025 | $2.1M | $19.5M | −$17.4M |
| Sep 2025 | $9.2M | $0 | $9.2M |
| Aug 2025 | $3.0M | $0 | $3.0M |
MGOV Assets Under Management
Net assets of First Trust Intermediate Government Opportunities ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $100.06M |
| 2026-04-30 | $102.27M |
| 2026-01-31 | $83.90M |
| 2025-10-31 | $62.61M |
| 2025-07-31 | $66.16M |
| 2025-04-30 | $65.76M |
| 2025-01-31 | $60.62M |
| 2024-10-31 | $60.30M |
| 2024-07-31 | $37.72M |
| 2024-04-30 | $31.21M |
| 2024-01-31 | $26.53M |
| 2023-10-31 | $14.19M |
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.