First Trust is selling at 58.89 as of the 30th of November 2024; that is 0.07 percent decrease since the beginning of the trading day. The etf's open price was 58.93. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for First Trust Financials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will invest at least 90 percent of its net assets in the common stocks and real estate investment trusts that comprise the index. Financial Alphadex is traded on NYSEARCA Exchange in the United States. More on First Trust Financials
Daniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
31-Jul
Exchange
NYSE Arca, Inc.
Number of Constituents
104
Market Maker
Jane Street
Total Expense
0.62
Management Fee
0.5
Country Name
USA
Returns Y T D
38.07
Name
First Trust Financials AlphaDEX Fund
Currency Code
USD
Open Figi
BBG000R6CDJ4
In Threey Volatility
24.1
1y Volatility
16.71
200 Day M A
48.7147
50 Day M A
53.7614
Code
FXO
Updated At
30th of November 2024
Currency Name
US Dollar
First Trust Financials [FXO] is traded in USA and was established 2007-05-08. The fund is classified under Financial category within First Trust family. The entity is thematically classified as Sector ETFs. First Trust Financials currently have 1.04 B in assets under management (AUM). , while the total return for the last 3 years was 12.2%.
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 Financials 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.
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.
When determining whether First Trust Financials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Financials Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Financials Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Financials. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
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 Financials 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.