First Trust Global Etf Profile
| FTGC Etf | USD 23.68 0.07 0.30% |
Performance7 of 100
| Odds Of DistressLess than 34
|
First Trust is trading at 23.68 as of the 30th of November 2024, a 0.30 percent increase since the beginning of the trading day. The etf's open price was 23.61. First Trust has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on October 18, 2024, Senator John Boozman of US Senate acquired $15k to $50k worth of First Trust Global's common stock.
The fund is an actively managed exchange-traded fund that seeks to achieve attractive risk adjusted returns by investing in commodity futures contracts, exchange-traded commodity linked instruments, and commodity linked total return swaps through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands . More on First Trust Global
Moving together with First Etf
First Etf Highlights
| Thematic Idea | Broad Commodities ETFs (View all Themes) |
| Business Concentration | Broad Commodities ETFs, Commodities Broad Basket, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2013-10-22 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.2 Billion |
| Average Trading Valume | 336,123.6 |
| Asset Type | Commodities |
| Category | Broad Commodities |
| Focus | Broad Commodities |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Brown Brothers Harriman & Co. |
| Advisor | First Trust Advisors L.P. |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | John Gambla, Rob Guttschow |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 11.0 |
| Market Maker | Susquehanna |
| Total Expense | 1.02 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | 7.65 |
| Name | First Trust Global Tactical Commodity Strategy Fund |
| Currency Code | USD |
| Open Figi | BBG005GHHC53 |
| In Threey Volatility | 13.47 |
| 1y Volatility | 8.17 |
| 200 Day M A | 23.6321 |
| 50 Day M A | 23.6553 |
| Code | FTGC |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
First Trust Global [FTGC] is traded in USA and was established 2013-10-21. The fund is listed under Commodities Broad Basket category and is part of First Trust family. The entity is thematically classified as Broad Commodities ETFs. First Trust Global currently have 4 B in assets under management (AUM). , while the total return for the last 3 years was 6.8%.
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 Global 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 Global 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 | 0.0524 | |||
| Jensen Alpha | 0.0493 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.09) |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of First Trust Global 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.