First Trust is trading at 84.64 as of the 30th of November 2024, a 0.64 percent increase since the beginning of the trading day. The etf's open price was 84.1. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for First Trust Small 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 normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Smallcap Growth is traded on NASDAQ Exchange in the United States. More on First Trust Small
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
NASDAQ
Number of Constituents
265
Market Maker
Latour Trading
Total Expense
0.7
Management Fee
0.7
Country Name
USA
Returns Y T D
34.43
Name
First Trust Small Cap Growth AlphaDEX Fund
Currency Code
USD
Open Figi
BBG001MKQHF6
In Threey Volatility
22.08
1y Volatility
16.78
200 Day M A
69.1217
50 Day M A
76.8
Code
FYC
Updated At
30th of November 2024
Currency Name
US Dollar
First Trust Small [FYC] is traded in USA and was established 2011-04-19. The fund is classified under Small Growth category within First Trust family. The entity is thematically classified as Small Cap ETFs. First Trust Small currently have 188.53 M in assets under management (AUM). , while the total return for the last 3 years was 4.4%.
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 Small 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 Small 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 Small Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Small Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Small. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of First Trust Small 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.