First Etf Profile

Etfs . USA . 
Etf . First Trust Nasdaq
FTXO Etf  USD 20.17  1.43  6.62%   

Market Performance

0 of 100

Odds Of Distress

Over 57

First Trust is selling at 20.17 as of the 23rd of March 2023; that is -6.62% down since the beginning of the trading day. The etf's open price was 21.6. First Trust has over 57 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for First Trust Nasdaq are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2021 and ending today, the 23rd of March 2023. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks and depository receipts that comprise the underlying index. Nasdaq Bank is traded on NASDAQ Exchange in the United States. More on First Trust Nasdaq

Moving together with First Trust

+0.98XLFFinancial Select SectorPairCorr
+0.98VFHVanguard Financials IndexPairCorr
+0.99KRESPDR SP RegionalPairCorr
+1.0KBESPDR SP Bank Downward RallyPairCorr
+0.98IYFIShares US FinancialsPairCorr
+0.98FNCLFidelity MSCI FinancialsPairCorr
+0.95IYGIShares US FinancialPairCorr
+0.68EUFNIShares MSCI EuropePairCorr
+0.99FXOFirst Trust FinancialsPairCorr
+1.0IATIShares US RegionalPairCorr
+0.68GREIGoldman Sachs FuturePairCorr

First Trust Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fama & French Classification
First Trust Nasdaq
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Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of First Trust's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
SellOvervalued
IssuerFirst Trust
Inception Date2016-09-20
BenchmarkNasdaq US Smart Banks Index
Entity TypeRegulated Investment Company
Asset Under Management170.81 Million
Average Trading Valume85,157
Asset TypeEquity
CategorySector
FocusFinancials
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerDaniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Mar
ExchangeNASDAQ
Number of Constituents51.0
Market MakerCredit Suisse
Total Expense0.6
Management Fee0.6
Nav Price27.41
Two Hundred Day Average29.15
Ytd-14.56%
Average Daily Volume In Three Month42.78k
Fifty Two Week Low25.12
As Of Date25th of October 2022
Average Daily Volume Last 10 Day40.31k
Fifty Two Week High37.2
One Month3.34%
Fifty Day Average27.5
Three Month-1.07%
Beta In Three Year1.2
First Trust Nasdaq [FTXO] is traded in USA and was established 2016-09-20. The fund is listed under Financial category and is part of First Trust family. First Trust Nasdaq currently have 202.04 M in assets under management (AUM). , while the total return for the last 3 years was 3.94%.
Check First Trust Probability Of Bankruptcy

Top First Trust Nasdaq Etf Constituents

CBSHCommerce BancsharesStockFinancials
MTBMT Bank CorpStockFinancials
JPMJPMorgan Chase CoStockFinancials
BACBank Of AmericaStockFinancials
FITBFifth Third BancorpStockFinancials
HBANHuntington Bancshares IncorporatedStockFinancials
SBNYSignature BankStockFinancials
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First Trust Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is close to 99%. The First Trust Nasdaq probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.8484. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Trust will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. First Trust Nasdaq is significantly underperforming NYSE Composite.
  Odds Below 20.17HorizonTargetOdds Above 20.17
0.38%90 days
 20.17 
99.62%
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is close to 99 (This First Trust Nasdaq probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .

First Trust Top Holders

DALIFirst Trust DorseyEtfTactical Allocation
FVFirst Trust DorseyEtfLarge Growth
FVCFirst Trust DorseyEtfLarge Growth
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First Trust Nasdaq 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.
Mean Deviation1.54
Standard Deviation2.34
Variance5.46
Risk Adjusted Performance(0.12)

First Trust Nasdaq Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. First Trust Nasdaq Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe First Trust price patterns.
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First Trust Against Markets

Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust Nasdaq at a given time.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy First Etf?

Before investing in First Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Trust. To buy First Trust etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase First Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located First Trust Nasdaq etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased First Trust Nasdaq etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as First Trust Nasdaq, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Etf please use our How to Invest in First Trust guide.

Already Invested in First Trust Nasdaq?

The danger of trading First Trust Nasdaq is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust Nasdaq is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities. To learn how to invest in First Etf please use our How to Invest in First Trust guide. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for analysis

When running First Trust Nasdaq price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.
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The market value of First Trust Nasdaq 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.
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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 First Trust value 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.
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