Intrinsic Value of S&P & Nasdaq Contact Us

First Trust Smith Opportunistic Fixed Income ETF FIXD

NASDAQ Global Market

SharesGrow Intrinsic Value
N/A
Negative cash flow

First Trust Smith Opportunistic Fixed Income ETF (FIXD) current share price is $44.07. The gold spot price is $4,825.20 per troy ounce. Using the formula: FIXD in gold = $44.07 × 31.1035 ÷ $4,825.20 = 0.2841 grams of gold per share.

The Real Wealth Growth Rate measures the Compound Annual Growth Rate (CAGR) of FIXD when denominated in gold. A positive rate means the stock has outperformed gold as a store of value, while a negative rate indicates gold has been a better wealth preserver than holding FIXD shares over the measured period.

FIXD in US Dollars
Gold in US Dollars
FIXD in Gold (grams per share)

Real Wealth Growth Rate

FIXD
Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold
$$\text{FIXD}_{\text{gold}}(t) = \frac{P_{\text{FIXD}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$
$P_\text{FIXD}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.
Step 2 — Real Wealth Growth Rate (CAGR in gold terms)
$$\text{Real Wealth Growth Rate} = \left(\frac{\text{FIXD}_{\text{gold}}^{(T)}}{\text{FIXD}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$
$\text{FIXD}_\text{gold}^{(0)}$ = initial gold-price, $\text{FIXD}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

People Also View

FTSM
FTSM
First Trust Enhanced Short Maturity ETF
$59.90
+0.05%
LMBS
LMBS
First Trust Low Duration Opportunities ETF
$50.10
+0.06%
FTSL
FTSL
First Trust Senior Loan Fund
$45.05
+0.18%
FMB
FMB
First Trust Managed Municipal ETF
$51.19
-0.05%
HYLS
HYLS
First Trust Tactical High Yield ETF
$41.14
+0.37%
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message