First Trust Equity Etf Profile

FPX Etf  USD 101.24  1.07  1.07%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
First Trust is trading at 101.24 as of the 22nd of July 2024; that is 1.07 percent increase since the beginning of the trading day. The etf's open price was 100.17. First Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for First Trust Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of June 2024 and ending today, the 22nd of July 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. FT US is traded on NYSEARCA Exchange in the United States. More on First Trust Equity

Moving together with First Etf

  0.72VOT Vanguard Mid CapPairCorr
  0.69IWP iShares Russell MidPairCorr
  0.81IJK iShares SP MidPairCorr
  0.82JKH iShares Morningstar MidPairCorr
  0.67KOMP SPDR Kensho NewPairCorr

First Etf Highlights

Thematic IdeaStrategy ETFs (View all Themes)
Old NameFirst Trust Exchange-Traded Fund - First Trust US Equity Opportunities ETF
Business ConcentrationStrategy ETFs, Mid-Cap Growth, First Trust (View all Sectors)
IssuerFirst Trust
Inception Date2006-04-12
BenchmarkIPOX-100 U.S. Index
Entity TypeRegulated Investment Company
Asset Under Management701.4 Million
Average Trading Valume13,482.9
Asset TypeEquity
CategoryStrategy
FocusAlpha-Seeking
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerDaniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents101
Market MakerRBC Capital Markets
Total Expense0.59
Management Fee0.4
Country NameUSA
Returns Y T D4.47
NameFirst Trust US Equity Opportunities ETF
Currency CodeUSD
Open FigiBBG000BCSCP6
In Threey Volatility23.57
1y Volatility26.19
200 Day M A96.3963
50 Day M A100.8
CodeFPX
Updated At22nd of July 2024
Currency NameUS Dollar
First Trust Equity [FPX] is traded in USA and was established 2006-04-12. The fund is classified under Mid-Cap Growth category within First Trust family. The entity is thematically classified as Strategy ETFs. First Trust Equity currently have 923.15 M in assets under management (AUM). , while the total return for the last 3 years was -5.4%.
Check First Trust Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Equity Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top First Trust Equity Etf Constituents

SPOTSpotify Technology SAStockCommunication Services
TMOThermo Fisher ScientificStockHealth Care
SRESempra EnergyStockUtilities
HLTHilton Worldwide HoldingsStockConsumer Discretionary
CRWDCrowdstrike HoldingsStockInformation Technology
SYFSynchrony FinancialStockFinancials
HSYHershey CoStockConsumer Staples
FTVFortive CorpStockIndustrials
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First Trust Equity Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.

First Trust Against Markets

Other Information on Investing in First Etf

First Trust financial ratios help investors to determine whether First Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trust security.