First Trust Riverfront Etf Profile
| RFDI Etf | USD 63.18 0.32 0.51% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 63.18 as of the 28th of November 2024. This is a 0.51 percent increase since the beginning of the trading day. The etf's open price was 62.86. 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 RiverFront 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 seek to achieve its investment objective by investing at least 80 percent of its net assets in a portfolio of equity securities of developed market companies, including through investments in common stock, depositary receipts, and common and preferred shares of real estate investment trusts , and forward foreign currency exchange contracts and currency spot transactions used to hedge the funds exposure to the currencies in which the equity securities of such developed market companies are denominated. The company has 850 M outstanding shares. More on First Trust RiverFront
Moving together with First Etf
| 0.98 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.99 | IEFA | iShares Core MSCI | PairCorr |
| 0.85 | VEU | Vanguard FTSE All | PairCorr |
| 0.99 | EFA | iShares MSCI EAFE | PairCorr |
| 0.85 | IXUS | iShares Core MSCI | PairCorr |
| 0.98 | SPDW | SPDR SP World | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Foreign Large Blend, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2016-04-13 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 117.65 Million |
| Average Trading Valume | 5,584.2 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Developed Markets |
| Administrator | Brown Brothers Harriman & Co. |
| Advisor | First Trust Advisors L.P. |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Adam Grossman, Chris Konstantinos |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 151 |
| Market Maker | Jane Street |
| Total Expense | 0.83 |
| Management Fee | 0.83 |
| Country Name | USA |
| Returns Y T D | 5.99 |
| Name | First Trust RiverFront Dynamic Developed International ETF |
| Currency Code | USD |
| Open Figi | BBG00CNPNL73 |
| In Threey Volatility | 18.34 |
| 1y Volatility | 13.26 |
| 200 Day M A | 64.7784 |
| 50 Day M A | 65.444 |
| Code | RFDI |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
First Trust RiverFront [RFDI] is traded in USA and was established 2016-04-14. The fund is listed under Foreign Large Blend category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust RiverFront at this time have 113.81 M in assets. , while the total return for the last year was 12.1%.
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 RiverFront 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 RiverFront Currency Exposure
First Trust RiverFront 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 RiverFront.
Top First Trust RiverFront Etf Constituents
| EFA | iShares MSCI EAFE | Etf | Foreign Large Blend | |
| ASML | ASML Holding NV | Stock | Information Technology | |
| IEFA | iShares Core MSCI | Etf | Foreign Large Blend | |
| NONOF | Novo Nordisk AS | Pink Sheet | Biotechnology | |
| NOVN | Novan Inc | Stock | Health Care | |
| NSRGF | Nestle SA | Pink Sheet | Packaged Foods | |
| ROG | Rogers | Stock | Information Technology | |
| SONVF | Sonova Holding AG | Pink Sheet | Medical Devices |
First Trust Top Holders
| RLGCX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity | |
| RLIIX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity | |
| RLGAX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity | |
| RAGIX | Riverfront Asset Allocation | Mutual Fund | Allocation--50% to 70% Equity |
First Trust RiverFront 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 | (0.09) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.25) |
First Trust Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust RiverFront. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of First Trust RiverFront 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.