First Trust Dow Etf Performance
| FDN Etf | USD 228.73 0.82 0.36% |
The etf shows a Beta (market volatility) of 1.0, which means a somewhat significant risk relative to the market. First Trust returns are very sensitive to returns on the market. As the market goes up or down, First Trust is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days First Trust Dow has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Etf's fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
1 | Should You Invest in the First Trust Dow Jones Internet ETF | 12/31/2024 |
2 | META Beats on Q4 Earnings, Plans Big Spending ETFs in Focus - TradingView | 01/30/2025 |
3 | Proactive Strategies - Stock Traders Daily | 02/14/2025 |
4 | Investment Report - Stock Traders Daily | 02/28/2025 |
5 | FDN Crosses Critical Technical Indicator - Nasdaq | 03/10/2025 |
| In Threey Sharp Ratio | 0.31 |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 24,968 in First Trust Dow on December 21, 2024 and sell it today you would lose (2,095) from holding First Trust Dow or give up 8.39% of portfolio value over 90 days. First Trust Dow is generating negative expected returns assuming volatility of 1.4395% on return distribution over 90 days investment horizon. In other words, 12% of etfs are less volatile than First, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
First Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as First Trust Dow, and traders can use it to determine the average amount a First Trust's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0943
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FDN |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Trust is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Trust by adding First Trust to a well-diversified portfolio.
First Trust Fundamentals Growth
First Etf prices reflect investors' perceptions of the future prospects and financial health of First Trust, and First Trust fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Etf performance.
| Price To Earning | 36.96 X | |||
| Price To Book | 4.10 X | |||
| Price To Sales | 3.46 X | |||
| Total Asset | 3.8 B | |||
About First Trust Performance
By examining First Trust's fundamental ratios, stakeholders can obtain critical insights into First Trust's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that First Trust is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. DJ Internet is traded on NYSEARCA Exchange in the United States.| First Trust Dow generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: FDN Crosses Critical Technical Indicator - Nasdaq | |
| The fund retains 99.88% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Dow. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of First Trust Dow 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.