---
ticker: "FCVT"
name: "First Trust SSI Strategic Convertible Securities ETF"
url: "https://etf.net/etf/FCVT"
grade: "C"
score: 53
graded_at: "2026-10-12"
category: "Convertible Bond"
category_rank: "4 of 7"
methodology: "https://etf.net/methodology"
---

# FCVT: First Trust SSI Strategic Convertible Securities ETF

Grade **C**, Score 53 of 100. Rank 4 of 7 in Convertible Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 20 | 6 of 7 |
| Mission | 100 | 1 of 6 |
| Risk | 41 | 5 of 7 |
| Tradability | 46 | 4 of 7 |
| Holdings | 65 | 3 of 7 |
| Durability | 67 | 3 of 7 |

## Top holdings

The fund holds 120 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | GOOGM | Alphabet Inc., Series A, Convertible, 6.25%, Due 05/15/2029 | 3.65% |
| 2 | — | NEBIUS GROUP NV Convertible, 1.25%, due 03/15/2031 | 2.95% |
| 3 | — | Hewlett Packard Enterprise Company, Convertible, 7.625%, Due 09/01/2027 | 2.47% |
| 4 | — | MORGAN STANLEY FIN LLC Convertible, 0.125%, due 04/26/2030 | 2.27% |
| 5 | — | The Boeing Company, Convertible, 6.00%, Due 10/15/2027 | 2.16% |
| 6 | — | US Dollar | 2.14% |
| 7 | — | LIVE NATION ENTERTAINMENT Convertible, 2.875%, due 01/15/2030 | 2.10% |
| 8 | — | MORGAN STANLEY FIN LLC Convertible, 0.125%, due 02/07/2028 | 1.95% |
| 9 | GOOGN | Alphabet Inc., Series B, Convertible, 6.25%, Due 05/15/2029 | 1.88% |
| 10 | — | SNOWFLAKE INC Convertible, 0%, due 10/01/2027 | 1.78% |
| 11 | — | AKAMAI TECHNOLOGIES INC Convertible, 0.25%, due 05/15/2033 | 1.68% |
| 12 | — | NEBIUS GROUP NV Convertible, 0.50%, due 02/15/2030 | 1.65% |
| 13 | WFC-PL | Wells Fargo & Company, Series L, 7.500% | 1.61% |
| 14 | — | NEBIUS GROUP NV Convertible, 4.50%, due 02/15/2034 | 1.61% |
| 15 | — | LUMENTUM HOLDINGS INC Convertible, 0.375%, due 03/15/2032 | 1.60% |
| 16 | — | BLOOM ENERGY CORP Convertible, 0%, due 11/15/2030 | 1.57% |
| 17 | — | ON SEMICONDUCTOR CORP Convertible, 0.50%, due 03/01/2029 | 1.50% |
| 18 | — | LIGAND PHARMACEUTICALS INC Convertible, 0%, due 09/15/2031 | 1.46% |
| 19 | — | WELLTOWER OP LLC Convertible, 2.75%, due 05/15/2028 | 1.42% |
| 20 | — | IREN LTD Convertible, 0%, due 07/01/2031 | 1.38% |
| 21 | LITE | Lumentum Holdings Inc. | 1.36% |
| 22 | — | GUARDANT HEALTH INC Convertible, 0%, due 05/15/2033 | 1.23% |
| 23 | — | CLOUDFLARE INC Convertible, 0%, due 06/15/2030 | 1.20% |
| 24 | SMCIP | Super Micro Computer, Inc., Convertible, 7.00%, Due 06/01/2029 | 1.19% |
| 25 | — | WISDOMTREE INC Convertible, 4.625%, due 08/15/2030 | 1.17% |
| 26 | — | ADVANCED ENERGY INDUSTRIES Convertible, 0%, due 05/15/2031 | 1.13% |
| 27 | BAC-PL | Bank of America Corporation, Series L, 7.25% | 1.09% |
| 28 | — | MKS INC Convertible, 1.25%, due 06/01/2030 | 1.07% |
| 29 | — | CYBERARK SOFTWARE LTD Convertible, 0%, due 06/15/2030 | 1.06% |
| 30 | — | DATADOG INC Convertible, 0%, due 12/01/2029 | 1.03% |

Source: etf.net, https://etf.net/etf/FCVT. Please cite the page URL.