First Trust Etf Profile
First Trust is selling at 23.09 as of the 11th of December 2024; that is No Change since the beginning of the trading day. The etf's lowest day price was 23.09. The performance scores are derived for the period starting the 14th of June 2024 and ending today, the 11th of December 2024. Click here to learn more.
First Etf Highlights
| Old Names | [EquityCompass Risk Manager ETF, Euromoney Institutional Investor, Eclipse Residential Mortgage Investment Corporation] |
| Business Concentration | Large Value, First Trust (View all Sectors) |
| Nav Price | 21.69 |
| Two Hundred Day Average | 22.78 |
| Ytd | -15.59% |
| Average Daily Volume In Three Month | 2.11k |
| Fifty Two Week Low | 20.72 |
| As Of Date | 25th of October 2022 |
| Average Daily Volume Last 10 Day | 2.1k |
| Fifty Two Week High | 26.58 |
| One Month | 3.09% |
| Fifty Day Average | 21.58 |
| Three Month | -0.99% |
| Beta In Three Year | 0.84 |
First Trust [ERM] is traded in USA and was established 2017-04-10. The fund is classified under Large Value category within First Trust family. First Trust currently have 17.19 M in assets under management (AUM). , while the total return for the last 3 years was 2.95%.
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 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 Etf Constituents
| NKTR | Nektar Therapeutics | Stock | Health Care | |
| LMT | Lockheed Martin | Stock | Industrials | |
| MAT | Mattel Inc | Stock | Consumer Discretionary | |
| BMY | Bristol Myers Squibb | Stock | Health Care | |
| PG | Procter Gamble | Stock | Consumer Staples | |
| USB | US Bancorp | Stock | Financials | |
| RRC | Range Resources Corp | Stock | Energy | |
| IVZ | Invesco Plc | Stock | Financials |
First Trust 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.
| Mean Deviation | 0.3191 | |||
| Semi Deviation | 0.2453 | |||
| Standard Deviation | 0.4041 | |||
| Variance | 0.1633 |
First Trust Against Markets
First Trust Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Trust etf to make a market-neutral strategy. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of First Trust 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.