First Trust Small Etf Profile
| RNSC Etf | USD 27.23 0.38 1.42% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 27.23 as of the 20th of April 2024, a 1.42 percent increase since the beginning of the trading day. The etf's open price was 26.85. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Trust Small are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of January 2024 and ending today, the 20th of April 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks and real estate investment trusts that comprise the index. Small Cap is traded on NASDAQ Exchange in the United States. More on First Trust Small
Moving together with First Etf
| 0.71 | IJR | iShares Core SP | PairCorr |
| 0.68 | IWM | iShares Russell 2000 | PairCorr |
| 0.71 | VTWO | Vanguard Russell 2000 | PairCorr |
| 0.79 | FNDA | Schwab Fundamental Small | PairCorr |
| 0.71 | SPSM | SPDR Portfolio SP | PairCorr |
First 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.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Small Cap ETFs, Small Blend, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2017-06-20 |
| Benchmark | Nasdaq Riskalyze US Small Cap Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 36.42 Million |
| Average Trading Valume | 2,691.9 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 3-Mar |
| Exchange | NASDAQ |
| Number of Constituents | 311 |
| Market Maker | Susquehanna |
| Total Expense | 0.6 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | (6.53) |
| Name | First Trust Small Cap US Equity Select ETF |
| Currency Code | USD |
| Open Figi | BBG00GY1J1V7 |
| In Threey Volatility | 20.69 |
| 1y Volatility | 19.73 |
| 200 Day M A | 27.0789 |
| 50 Day M A | 28.0343 |
| Code | RNSC |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
First Trust Small [RNSC] is traded in USA and was established 2017-06-20. The fund is listed under Small Blend category and is part of First Trust family. The entity is thematically classified as Size And Style ETFs. First Trust Small at this time have 21.89 M in assets. , while the total return for the last 3 years was -0.7%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
First Trust Small Currency Exposure
First Trust Small holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust Small.
Top First Trust Small Etf Constituents
| COHU | Cohu Inc | Stock | Information Technology |
| PRGS | Progress Software | Stock | Information Technology |
| AVT | Avnet Inc | Stock | Information Technology |
| CNMD | CONMED | Stock | Health Care |
| IDCC | InterDigital | Stock | Information Technology |
| USPH | US Physicalrapy | Stock | Health Care |
| NRC | National Research Corp | Stock | Health Care |
First Trust Target Price Odds Analysis
What are First Trust's target price odds to finish over the current price? Based on a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is over 95.37%. The First Trust Small 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 First Trust Small has a beta of -0.0364 indicating as returns on the benchmark increase, returns on holding First Trust are expected to decrease at a much lower rate. During a bear market, however, First Trust Small is likely to outperform the market. Additionally, first Trust Small has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is over 95.37 (This First Trust Small probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .
First Trust Small 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.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 1.61 |
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 Small at a given time. Please also check how First Trust's historical prices are related to one of the top price index indicators.
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.Did you try this?
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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 Small 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 Small 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 Small, 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, change in net worth, 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 affecting your buy or sell decision. 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 Small?
The danger of trading First Trust Small 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 Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust Small 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.
When determining whether First Trust Small offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Small Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Small Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust Small. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of First Trust Small 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.