MGOV vs TRPA
Comparison between FIRST TRUST INTERMEDIATE GOVERNMENT OPPORTUNITIES ETF (MGOV, ETF) and HARTFORD AAA CLO ETF (TRPA, ETF).
MGOV vs TRPA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MGOV
$101M
Winner
TRPA
$101M
Expense Ratio
MGOV
0.49%
Winner
TRPA
0.24%
Max Drawdown
MGOV
7.35%
Winner
TRPA
1.30%
Sharpe Ratio
MGOV
0.71
Winner
TRPA
0.71
5Y Beta
Winner
MGOV
0.02
TRPA
0.04
MGOV vs TRPA - Historical Returns
Returns include dividend reinvestment.
1M
MGOV
+0.35%
Winner
TRPA
+0.49%
3M
MGOV
-0.26%
Winner
TRPA
+1.33%
6M
MGOV
+0.90%
Winner
TRPA
+2.37%
1Y
Winner
MGOV
+5.69%
TRPA
+5.33%
Max(CAGR)
MGOV
+5.25%
Winner
TRPA
+6.06%
MGOV vs TRPA - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | MGOV | TRPA |
|---|---|---|
| 2026 | +0.59% | +1.97% |
| 2025 | +8.70% | +4.84% |
| 2024 | +1.97% | N/A |
| 2023 | +4.55% | N/A |
MGOV vs TRPA Drawdown Comparison
The maximum drawdown for MGOV was -6.11%, occurring on Oct 19, 2023. Recovery took 78 trading sessions.
The maximum drawdown for TRPA was -0.61%, occurring on Mar 24, 2026. Recovery took 16 trading sessions.
The current MGOV drawdown is -2.13%. The current TRPA drawdown is -0.04%.
| Rank | MGOV | TRPA |
|---|---|---|
| #1 | -6.11% Aug 9, 2023 - Nov 29, 2023 | -0.61% Mar 18, 2026 - Apr 10, 2026 |
| #2 | -5.74% Sep 16, 2024 - Aug 1, 2025 | -0.53% Mar 2, 2026 - Mar 9, 2026 |
| #3 | -4.00% Feb 1, 2024 - Jun 14, 2024 | -0.46% Jul 10, 2025 - Jul 29, 2025 |
| #4 | -3.52% Feb 27, 2026 - May 19, 2026 | -0.41% Jul 29, 2025 - Aug 4, 2025 |
| #5 | -1.86% Dec 27, 2023 - Feb 1, 2024 | -0.35% Apr 24, 2025 - Apr 29, 2025 |
| #6 | -1.68% Jun 25, 2024 - Jul 11, 2024 | -0.33% Oct 7, 2025 - Oct 22, 2025 |
| #7 | -1.47% Aug 5, 2024 - Aug 23, 2024 | -0.33% Feb 20, 2026 - Mar 2, 2026 |
| #8 | -1.03% Nov 26, 2025 - Jan 14, 2026 | -0.32% Aug 4, 2025 - Aug 18, 2025 |
| #9 | -0.97% Oct 28, 2025 - Nov 25, 2025 | -0.31% Mar 16, 2026 - Mar 18, 2026 |
| #10 | -0.82% Jul 16, 2024 - Jul 29, 2024 | -0.31% Sep 3, 2025 - Sep 11, 2025 |
| #11 | -0.75% Jan 14, 2026 - Feb 6, 2026 | -0.31% Aug 18, 2025 - Aug 29, 2025 |
| #12 | -0.71% Sep 16, 2025 - Oct 10, 2025 | -0.27% Oct 22, 2025 - Oct 31, 2025 |
| #13 | -0.54% Aug 13, 2025 - Aug 22, 2025 | -0.26% Apr 15, 2025 - Apr 22, 2025 |
| #14 | -0.54% Jun 14, 2024 - Jun 25, 2024 | -0.24% May 22, 2025 - Jun 2, 2025 |
| #15 | -0.54% Dec 14, 2023 - Dec 20, 2023 | -0.23% Jul 2, 2025 - Jul 8, 2025 |
Correlation
Correlation between MGOV and TRPA is 0.88 which considered as a strong positive correlation - the stocks tend to move together.
0.88
-101
Dividend Comparison (2023 - 2026)
MGOV vs TRPA dividend yield comparison.
| Year | MGOV | TRPA |
|---|---|---|
| 2026 | 2.06% | 1.99% |
| 2025 | 4.95% | 4.14% |
| 2024 | 5.05% | 0.00% |
| 2023 | 1.47% | 0.00% |
Select Stocks to Compare
Popular: MGOV vs SPYTRPA vs SPY
More Comparisons
Compare with similar stocks