First Trust Horizon Etf Profile

HDMV Etf  USD 29.83  0.24  0.81%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
First Trust is selling for under 29.83 as of the 28th of November 2024; that is 0.81 percent increase since the beginning of the trading day. The etf's lowest day price was 29.75. 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 Horizon are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in common stocks and depositary receipts of developed market companies listed and traded on non-U.S. exchanges that the Sub-Advisor believes exhibit low future expected volatility. More on First Trust Horizon

Moving together with First Etf

  0.92EFV iShares MSCI EAFEPairCorr
  0.88FNDF Schwab FundamentalPairCorr
  0.67VYMI Vanguard InternationalPairCorr
  0.89IDV iShares InternationalPairCorr
  0.79DFIV Dimensional InternationalPairCorr
  0.87IVLU iShares Edge MSCIPairCorr

Moving against First Etf

  0.85IGV iShares Expanded TechPairCorr
  0.82TFLR T Rowe PricePairCorr
  0.77JEPQ JPMorgan Nasdaq EquityPairCorr
  0.76SHLD Global X FundsPairCorr
  0.76SCHG Schwab Large CapPairCorr
  0.76SFYX SoFi Next 500PairCorr

First Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Equity ETFs, Volatility ETFs, Foreign Large Value, First Trust (View all Sectors)
IssuerFirst Trust
Inception Date2016-08-24
Entity TypeRegulated Investment Company
Asset Under Management31.11 Million
Average Trading Valume7,455.9
Asset TypeEquity
CategoryBroad Equity
FocusVolatility
Market ConcentrationDeveloped Markets
RegionGlobal ex-U.S.
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerMichael Dickson, Scott Ladner, Steven Clark
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Jul
ExchangeNYSE Arca, Inc.
Number of Constituents151
Market MakerJane Street
Total Expense0.8
Management Fee0.8
Country NameUSA
Returns Y T D5.53
NameFirst Trust Horizon Managed Volatility Developed International ETF
Currency CodeUSD
Open FigiBBG00DPCZ4J0
In Threey Volatility13.5
1y Volatility11.58
200 Day M A29.6452
50 Day M A30.606
CodeHDMV
Updated At27th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.11)
First Trust Horizon [HDMV] is traded in USA and was established 2016-08-24. The fund is listed under Foreign Large Value category and is part of First Trust family. The entity is thematically classified as Broad Equity ETFs. First Trust Horizon currently have 35.77 M in assets under management (AUM). , while the total return for the last 3 years was 1.8%.
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 Horizon 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 Horizon Currency Exposure

First Trust Horizon 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 Horizon.

Top First Trust Horizon Etf Constituents

MDNDFMcDonalds HoldingsPink SheetRestaurants
GBLBFGroep Brussel LambertPink SheetAsset Management
SWZCFSwisscom AGPink SheetTelecom Services
AERAerCap Holdings NVStockIndustrials
NOVNNovan IncStockHealth Care
ROGRogersStockInformation Technology
SCHNSCHNITZER STEEL INDUSTRIESStockMaterials
SCHPSchwab TIPS ETFEtfInflation-Protected Bond
More Details

First Trust Horizon 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.

First Trust Against Markets

When determining whether First Trust Horizon is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Horizon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of First Trust Horizon 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.