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DASHBOARDS: Portfolio Hub Market Pulse Performance Compare Studio

LMBS

First Trust Low Duration Opportunities ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-11
Executive Summary
The quantitative backtest for LMBS (First Trust Low Duration Opportunities ETF) using the Excess Return MMA* strategy in a Trading context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -5.3% (compared to the benchmark's drawdown of -6.5%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 2.7%, compared to a Buy-and-Hold benchmark return of 2.8%. The strategy executed 59 total trades.

* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.

🛡️ LMBS Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-5.3% (vs -6.5% B&H)
+1.1% shallower drawdown
Drawdown Shield
1.1% Cut
Protected capital vs -6.5% B&H
Capital Sheltered from Risk
40.6% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.

📊 LMBS Quality Metrics & KPI Summary

Metric 1Y5Y10YFull
StrategyB&HStrategyB&HStrategyB&HStrategyB&H
Max Drawdown-1.24%-1.43%-1.24%-5.97%-5.35%-6.48%-5.35%-6.48%
Sharpe Ratio2.061.342.381.151.481.031.481.13
Sortino Ratio2.631.862.501.661.201.191.331.35
CAGR2.94%2.71%3.54%3.03%2.38%2.43%2.73%2.82%
% Time Invested61.6%100.0%44.0%100.0%55.0%100.0%59.4%100.0%
Trades / Year4.00.06.40.05.30.05.20.0

Cumulative Growth Performance

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Hydrating Performance Trajectory... Loading historical performance data
Figure 1: Cumulative Trajectory Analysis. Logarithmic growth comparison of LMBS under the Excess Return MMA strategy (Trading) versus Buy & Hold. The strategy produced a 2.7% CAGR with a -5.3% Max Drawdown across 59 trade signals (compared to Buy & Hold's 2.8% CAGR and -6.5% Max Drawdown).

Return Distribution Analysis

Histogram of monthly return distribution for LMBS under Excess Return MMA strategy in Trading context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for LMBS under Excess Return MMA (Trading). Visualizes return frequency, volatility clustering, and tail-risk truncation relative to standard buy-and-hold returns.
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Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.

Diversifier Asset Category 1Y Correlation (r) Action
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Trade History

This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.

Entry DateExit DateTypeAllocationEntry PriceExit PriceNet Return %Exit Reason
🔒 Active Positions & Recent Execution Signals Hidden
Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription.
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2026-05-19 2026-06-30 Interest (CASH) 33.33% $1.00 $1.00 0.41% Interest Income
2025-04-11 2026-05-26 Completed 33.33% $45.84 $49.20 7.27% Signal
2026-04-24 2026-05-19 Completed 33.33% $49.27 $48.93 -0.75% Signal
2026-03-20 2026-04-24 Interest (CASH) 33.33% $1.00 $1.00 0.35% Interest Income
2025-06-25 2026-03-30 Completed 33.33% $46.84 $48.82 4.18% Signal
2025-12-15 2026-03-20 Completed 33.33% $48.59 $48.98 0.75% Signal
2025-11-20 2025-12-15 Interest (CASH) 33.33% $1.00 $1.00 0.24% Interest Income
2025-06-25 2025-11-20 Completed 33.33% $46.84 $48.36 3.21% Signal
2025-06-02 2025-06-25 Interest (CASH) 33.33% $1.00 $1.00 0.28% Interest Income
2025-05-01 2025-06-25 Interest (CASH) 33.33% $1.00 $1.01 0.63% Interest Income
2025-05-15 2025-06-02 Completed 33.33% $46.25 $46.45 0.38% Signal
2025-04-14 2025-05-15 Interest (CASH) 33.33% $1.00 $1.00 0.37% Interest Income
2025-02-26 2025-05-01 Completed 33.33% $46.12 $46.49 0.75% Signal
2025-02-07 2025-04-14 Completed 33.33% $45.69 $46.07 0.79% Signal
2025-01-03 2025-04-11 Interest (CASH) 33.33% $1.00 $1.01 1.13% Interest Income
2025-01-15 2025-02-26 Interest (CASH) 33.33% $1.00 $1.00 0.47% Interest Income
2025-01-06 2025-02-07 Interest (CASH) 33.33% $1.00 $1.00 0.37% Interest Income
2024-11-27 2025-01-15 Completed 33.33% $45.44 $45.25 -0.48% Signal
2024-11-27 2025-01-06 Completed 33.33% $45.44 $45.40 -0.15% Signal
2024-09-12 2025-01-03 Completed 33.33% $45.52 $45.42 -0.25% Signal
2024-10-30 2024-11-27 Interest (CASH) 33.33% $1.00 $1.00 0.36% Interest Income
2024-10-16 2024-11-27 Interest (CASH) 33.33% $1.00 $1.01 0.54% Interest Income
2024-09-12 2024-10-30 Completed 33.33% $45.52 $45.18 -0.78% Signal
2024-09-12 2024-10-16 Completed 33.33% $45.52 $45.35 -0.42% Signal
2024-08-20 2024-09-12 Interest (CASH) 33.33% $1.00 $1.00 0.32% Interest Income
2024-08-20 2024-09-12 Interest (CASH) 33.33% $1.00 $1.00 0.32% Interest Income
2024-08-20 2024-09-12 Interest (CASH) 33.33% $1.00 $1.00 0.32% Interest Income
2024-08-02 2024-08-20 Completed 33.33% $44.96 $44.99 0.01% Stop
2024-05-10 2024-08-20 Completed 33.33% $43.60 $44.99 3.15% Stop
2024-03-28 2024-08-20 Completed 33.33% $43.72 $44.99 2.86% Stop
2024-05-20 2024-08-02 Interest (CASH) 33.33% $1.00 $1.01 1.08% Interest Income
2024-01-17 2024-05-20 Completed 33.33% $43.34 $43.68 0.73% Signal
2024-04-09 2024-05-10 Interest (CASH) 33.33% $1.00 $1.00 0.49% Interest Income
2024-03-25 2024-04-09 Completed 33.33% $43.59 $43.43 -0.42% Signal
2024-02-28 2024-03-28 Interest (CASH) 33.33% $1.00 $1.00 0.44% Interest Income
2024-02-09 2024-03-25 Interest (CASH) 33.33% $1.00 $1.01 0.63% Interest Income
2023-12-04 2024-02-28 Completed 33.33% $42.62 $43.28 1.50% Signal
2023-11-17 2024-02-09 Completed 33.33% $42.10 $43.31 2.83% Signal
2023-05-26 2024-01-17 Interest (CASH) 33.33% $1.00 $1.03 3.46% Interest Income
2023-05-25 2023-12-04 Interest (CASH) 33.33% $1.00 $1.03 2.86% Interest Income
2023-09-26 2023-11-17 Interest (CASH) 33.33% $1.00 $1.01 0.82% Interest Income
2023-09-20 2023-09-26 Completed 33.33% $41.88 $41.72 -0.43% Signal
2023-05-03 2023-09-20 Interest (CASH) 33.33% $1.00 $1.02 2.05% Interest Income
2023-03-01 2023-05-26 Completed 33.33% $41.11 $41.46 0.80% Signal
2023-04-18 2023-05-25 Completed 33.33% $41.52 $41.54 -0.01% Signal
2023-03-29 2023-05-03 Completed 33.33% $41.48 $41.72 0.53% Signal
2023-03-10 2023-04-18 Interest (CASH) 33.33% $1.00 $1.00 0.49% Interest Income
2023-02-27 2023-03-29 Interest (CASH) 33.33% $1.00 $1.00 0.42% Interest Income
2022-12-13 2023-03-10 Completed 33.33% $40.77 $41.25 1.13% Signal
2021-05-06 2023-03-01 Interest (CASH) 33.33% $1.00 $1.03 2.84% Interest Income
2022-11-28 2023-02-27 Completed 33.33% $40.51 $41.10 1.41% Signal
2022-09-13 2022-12-13 Interest (CASH) 33.33% $1.00 $1.01 0.99% Interest Income
2022-08-31 2022-11-28 Interest (CASH) 33.33% $1.00 $1.01 0.90% Interest Income
2022-08-11 2022-09-13 Completed 33.33% $41.25 $40.90 -0.90% Signal
2022-07-26 2022-08-31 Completed 33.33% $41.18 $41.15 -0.12% Signal
2021-10-11 2022-08-11 Interest (CASH) 33.33% $1.00 $1.01 0.62% Interest Income
2021-09-29 2022-07-26 Interest (CASH) 33.33% $1.00 $1.01 0.50% Interest Income
2021-10-07 2021-10-11 Completed 33.33% $42.34 $42.39 0.09% Signal
2021-06-30 2021-10-07 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2021-09-15 2021-09-29 Completed 33.33% $42.34 $42.30 -0.15% Signal
2021-06-03 2021-09-15 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2021-05-06 2021-06-30 Completed 33.33% $42.45 $42.39 -0.21% Signal
2021-04-23 2021-06-03 Completed 33.33% $42.39 $42.41 -0.01% Signal
2021-03-09 2021-05-06 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2020-07-07 2021-05-06 Completed 33.33% $42.17 $42.45 0.61% Signal
2021-02-26 2021-04-23 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2020-12-08 2021-03-09 Completed 33.33% $42.33 $42.31 -0.09% Signal
2020-11-24 2021-02-26 Completed 33.33% $42.38 $42.27 -0.31% Signal
2020-11-13 2020-12-08 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-10-29 2020-11-24 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-05-13 2020-11-13 Completed 33.33% $41.90 $42.36 1.06% Signal
2020-04-24 2020-10-29 Completed 33.33% $41.74 $42.33 1.35% Signal
2020-06-01 2020-07-07 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2018-11-20 2020-06-01 Completed 33.33% $39.80 $42.03 5.56% Signal
2020-03-25 2020-05-13 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2020-03-24 2020-04-24 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2019-12-24 2020-03-25 Completed 33.33% $41.65 $40.58 -2.63% Stop
2020-01-24 2020-03-24 Completed 33.33% $41.94 $40.11 -4.42% Signal
2019-12-31 2020-01-24 Interest (CASH) 33.33% $1.00 $1.00 0.10% Interest Income
2019-12-03 2019-12-31 Completed 33.33% $41.76 $41.69 -0.20% Signal
2019-11-13 2019-12-24 Interest (CASH) 33.33% $1.00 $1.00 0.17% Interest Income
2019-11-01 2019-12-03 Interest (CASH) 33.33% $1.00 $1.00 0.13% Interest Income
2018-11-20 2019-11-13 Completed 33.33% $39.80 $41.60 4.47% Signal
2019-10-17 2019-11-01 Completed 33.33% $41.60 $41.64 0.07% Signal
2019-09-25 2019-10-17 Interest (CASH) 33.33% $1.00 $1.00 0.11% Interest Income
2018-11-20 2019-09-25 Completed 33.33% $39.80 $41.60 4.47% Signal
2018-09-24 2018-11-20 Interest (CASH) 33.33% $1.00 $1.00 0.37% Interest Income
2018-09-19 2018-11-20 Interest (CASH) 33.33% $1.00 $1.00 0.40% Interest Income
2017-12-05 2018-11-20 Interest (CASH) 33.33% $1.00 $1.02 1.80% Interest Income
2018-06-29 2018-09-24 Completed 33.33% $39.61 $39.70 0.17% Signal
2018-08-24 2018-09-19 Completed 33.33% $39.76 $39.73 -0.13% Signal
2018-08-02 2018-08-24 Interest (CASH) 33.33% $1.00 $1.00 0.13% Interest Income
2018-06-11 2018-08-02 Completed 33.33% $39.57 $39.65 0.14% Signal
2017-10-18 2018-06-29 Interest (CASH) 33.33% $1.00 $1.01 1.10% Interest Income
2017-10-06 2018-06-11 Interest (CASH) 33.33% $1.00 $1.01 1.03% Interest Income
2017-04-19 2017-12-05 Completed 33.33% $39.05 $39.47 1.04% Signal
2017-02-09 2017-10-18 Completed 33.33% $38.99 $39.42 1.06% Signal
2017-04-13 2017-10-06 Completed 33.33% $39.09 $39.42 0.77% Signal
2017-03-15 2017-04-19 Interest (CASH) 33.33% $1.00 $1.00 0.07% Interest Income
2017-03-22 2017-04-13 Interest (CASH) 33.33% $1.00 $1.00 0.05% Interest Income
2017-01-25 2017-03-22 Completed 33.33% $38.81 $38.95 0.31% Signal
2015-05-20 2017-03-15 Completed 33.33% $35.93 $38.86 8.09% Signal
2016-12-15 2017-02-09 Interest (CASH) 33.33% $1.00 $1.00 0.08% Interest Income
2016-11-30 2017-01-25 Interest (CASH) 33.33% $1.00 $1.00 0.08% Interest Income
2015-10-09 2016-12-15 Completed 33.33% $36.23 $38.84 7.15% Signal
2015-09-24 2016-11-30 Completed 33.33% $36.07 $38.79 7.47% Signal
2015-09-17 2015-10-09 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-08-20 2015-09-24 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-06-04 2015-09-17 Completed 33.33% $35.94 $36.14 0.49% Signal
2015-07-15 2015-08-20 Completed 33.33% $36.03 $36.07 0.08% Signal
2015-06-22 2015-07-15 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-05-22 2015-06-22 Completed 33.33% $35.98 $35.98 -0.05% Signal
2015-05-18 2015-06-04 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-05-18 2015-05-22 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2015-05-18 2015-05-20 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income

Next Steps: Portfolio Integration & Comparative Analysis

Single-ticker trend following is designed to truncate tail risk inside a broader portfolio. View where LMBS ranks across 40+ tracked assets, evaluate correlation against non-correlated diversifiers, or model it inside a custom all-weather asset mix.

📊 View Full 40-Asset Backtest Matrix → 🛠️ Build Custom Portfolio with LMBS → ⚖️ Compare LMBS vs Non-Correlated Assets →