First Trust Skybridge Etf Profile
| CRPT Etf | USD 14.20 2.07 12.72% |
PerformanceVery Weak
| Odds Of DistressAverage
|
First Trust is selling for under 14.20 as of the 25th of February 2025; that is 12.72 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 13.74. First Trust has 52 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 25th of February 2025. Click here to learn more.
Under normal market conditions, the fund will invest at least 80 percent of its net assets in the common stocks and American Depositary Receipts of Crypto Industry Companies and Digital Economy Companies. FT Skybridge is traded on NYSEARCA Exchange in the United States. The company has 30.27 M outstanding shares. More on First Trust SkyBridge
Moving together with First Etf
| 0.61 | BITO | ProShares Bitcoin | PairCorr |
| 0.78 | BLCN | Siren Nasdaq NexGen | PairCorr |
| 0.8 | BITQ | Bitwise Crypto Industry | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Digital Assets, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2021-09-20 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 101.62 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| 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 | Anthony Scaramucci, Brett Messing |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 24.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.85 |
| Management Fee | 0.85 |
| Country Name | USA |
| Returns Y T D | (2.57) |
| Name | First Trust SkyBridge Crypto Industry and Digital Economy ETF |
| Currency Code | USD |
| Open Figi | BBG012G2VFS4 |
| In Threey Volatility | 83.48 |
| 1y Volatility | 84.6 |
| 200 Day M A | 15.1113 |
| 50 Day M A | 18.6589 |
| Code | CRPT |
| Updated At | 24th of February 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.48 |
| Type | ETF |
First Trust SkyBridge [CRPT] is traded in USA and was established 2021-09-20. The fund is listed under Digital Assets category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust SkyBridge currently have 22.03 M in assets under management (AUM). , while the total return for the last 3 years was 8.5%.
First Trust SkyBridge currently holds about 31.68 K in cash with (1.79 M) of positive cash flow from operations.
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 SkyBridge 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.
First Trust SkyBridge Currency Exposure
First Trust SkyBridge 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 SkyBridge.
Top First Trust SkyBridge Etf Constituents
| RIOT | Riot Blockchain | Stock | Information Technology | |
| IBKR | Interactive Brokers Group | Stock | Financials | |
| COIN | Coinbase Global | Stock | Financials | |
| NVDA | NVIDIA | Stock | Information Technology | |
| MARA | Marathon Digital Holdings | Stock | Information Technology | |
| CORZ | Core Scientific, Common | Stock | Information Technology | |
| GLXY | Galaxy Digital Holdings | Stock | Financials | |
| GME | GameStop Corp | Stock | Consumer Discretionary |
First Trust SkyBridge Risk Profiles
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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.3735 |
First Trust Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Trust SkyBridge. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of First Trust SkyBridge 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.