First Trust Morningstar Etf Profile
| FDL Etf | USD 43.85 0.07 0.16% |
Performance12 of 100
| Odds Of DistressLess than 32
|
First Trust is selling for 43.85 as of the 28th of November 2024. This is a 0.16 percent increase since the beginning of the trading day. The etf's lowest day price was 43.82. First Trust has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for First Trust Morningstar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 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. Mstar Dividend is traded on NYSEARCA Exchange in the United States. The company has 86.09 M outstanding shares. More on First Trust Morningstar
Moving together with First Etf
| 0.94 | VTV | Vanguard Value Index Sell-off Trend | PairCorr |
| 0.94 | VYM | Vanguard High Dividend | PairCorr |
| 0.94 | IWD | iShares Russell 1000 | PairCorr |
| 0.93 | DGRO | iShares Core Dividend Sell-off Trend | PairCorr |
| 0.94 | IVE | iShares SP 500 | PairCorr |
| 0.93 | DVY | iShares Select Dividend | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [Studio Retail Group plc, First Asset Canadian Dividend Low Volatility Index ETF, FDL, First Trust Exchange-Traded Fund - First Trust Morningstar Dividend Leaders Index Fund] |
| Business Concentration | Strategy ETFs, High Dividend Yield ETFs, Large Value, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2006-03-09 |
| Benchmark | Morningstar Dividend Leaders Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 4.71 Billion |
| Average Trading Valume | 361,909.9 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | High Dividend Yield |
| 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 J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 101 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.45 |
| Management Fee | 0.3 |
| Country Name | USA |
| Returns Y T D | 25.84 |
| Name | First Trust Morningstar Dividend Leaders Index Fund |
| Currency Code | USD |
| Open Figi | BBG000HFZ1Z8 |
| In Threey Volatility | 17.24 |
| 1y Volatility | 11.72 |
| 200 Day M A | 39.43 |
| 50 Day M A | 42.083 |
| Code | FDL |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
First Trust Morningstar [FDL] is traded in USA and was established 2006-03-09. The fund is classified under Large Value category within First Trust family. The entity is thematically classified as Strategy ETFs. First Trust Morningstar currently have 3.07 B in assets under management (AUM). , while the total return for the last 3 years was 13.7%.
First Trust Morningstar has about 36.28 M in cash with (3.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -0.2224.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
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 Morningstar 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 Morningstar Etf Constituents
| CSCO | Cisco Systems | Stock | Information Technology | |
| MO | Altria Group | Stock | Consumer Staples | |
| XOM | Exxon Mobil Corp | Stock | Energy | |
| WFC | Wells Fargo | Stock | Financials | |
| VZ | Verizon Communications | Stock | Communication Services | |
| UPS | United Parcel Service | Stock | Industrials | |
| T | ATT Inc | Stock | Communication Services | |
| PM | Philip Morris International | Stock | Consumer Staples |
First Trust Morningstar 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 | 0.1213 | |||
| Jensen Alpha | 0.0255 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.04) |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Morningstar. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of First Trust Morningstar 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.