Karl Schneider - First Trust First Trust ETF Portfolio Manager

AIRR Etf  USD 64.94  0.72  1.12%   
Karl Schneider is Portfolio Manager at First Trust RBA
IssuerFirst Trust
Inception Date2014-03-10
BenchmarkRichard Bernstein Advisors American Industrial Renaissance Index
Entity TypeRegulated Investment Company
Asset Under Management895.17 Million
Average Trading Valume125,569.1
Asset TypeEquity
CategorySector
FocusIndustrials
Market ConcentrationDeveloped Markets

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David ChojnackiiShares Telecommunications ETF
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Chuck BurgeiShares Telecommunications ETF
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Darshan BhattiShares Consumer Discretionary
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Derek BabbiShares Real Estate
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Jonathan MolchaniShares Basic Materials
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Eric RichardsoniShares Real Estate
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Leonardo CostaiShares Basic Materials
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Christopher HarshmaniShares Real Estate
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Guo JiniShares Real Estate
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Jennifer HsuiiShares Real Estate
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Richard MejzakiShares Basic Materials
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Amy ChengiShares Consumer Discretionary
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Eric RichardsoniShares Basic Materials
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Donal BishnoiiShares Consumer Discretionary
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George CaoiShares Real Estate
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Orhan ImeriShares Consumer Discretionary
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Habib MoudachirouiShares Real Estate
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Mark MacQueeniShares Real Estate
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Steven BoydiShares Real Estate
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Stephen SmitleyiShares Telecommunications ETF
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The fund will normally invest at least 90 percent of its net assets in the equity securities that comprise the index. Rba American is traded on NASDAQ Exchange in the United States. First Trust RBA [AIRR] is traded in USA and was established 2014-03-10.

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First Etf Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is First Trust a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Trust in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Trust's short interest history, or implied volatility extrapolated from First Trust options trading.

Pair Trading with First Trust

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Trust will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Etf

  0.98XLI Industrial Select SectorPairCorr
  0.97ITA iShares Aerospace DefensePairCorr
  0.98VIS Vanguard IndustrialsPairCorr
  0.71JETS US Global Jets Sell-off TrendPairCorr
  0.97FXR First Trust IndustriPairCorr
The ability to find closely correlated positions to First Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Trust RBA to buy it.
The correlation of First Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Trust RBA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether First Trust RBA is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Trust RBA. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of First Trust RBA is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.