First Trust Dorsey Etf Profile
IFV Etf | USD 19.61 0.12 0.62% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is selling for under 19.61 as of the 28th of November 2024; that is 0.62 percent increase since the beginning of the trading day. The etf's lowest day price was 19.46. 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 Dorsey 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.
The fund will normally invest at least 90 percent of its net assets in the ETFs that comprise the index. Dorsey Wright is traded on NASDAQ Exchange in the United States. More on First Trust Dorsey
Moving together with First Etf
0.98 | VEA | Vanguard FTSE Developed | PairCorr |
0.98 | IEFA | iShares Core MSCI | PairCorr |
0.89 | VEU | Vanguard FTSE All | PairCorr |
0.98 | EFA | iShares MSCI EAFE | PairCorr |
0.9 | IXUS | iShares Core MSCI | PairCorr |
0.98 | SPDW | SPDR SP World | PairCorr |
Moving against First Etf
First Etf Highlights
Thematic Idea | Strategy ETFs (View all Themes) |
Old Name | First Trust Exchange-Traded Fund VI - First Trust Dorsey Wright International Focus 5 ETF |
Business Concentration | Strategy ETFs, Foreign Large Blend, First Trust (View all Sectors) |
Issuer | First Trust |
Inception Date | 2014-07-22 |
Benchmark | Dorsey Wright International Focus Five Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 178.52 Million |
Average Trading Valume | 20,165.9 |
Asset Type | Equity |
Category | Strategy |
Focus | Alpha-Seeking |
Market Concentration | Blended Development |
Region | Global ex-U.S. |
Administrator | The Bank of New York Mellon Corporation |
Advisor | First Trust Advisors L.P. |
Custodian | The Bank of New York Mellon Corporation |
Distributor | First Trust Portfolios L.P. |
Portfolio Manager | Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Sep |
Exchange | NASDAQ |
Number of Constituents | 6.0 |
Market Maker | Citadel |
Total Expense | 1.03 |
Management Fee | 0.3 |
Country Name | USA |
Returns Y T D | 1.04 |
Name | First Trust Dorsey Wright International Focus 5 ETF |
Currency Code | USD |
Open Figi | BBG006VZDTF0 |
In Threey Volatility | 15.31 |
1y Volatility | 13.45 |
200 Day M A | 19.9615 |
50 Day M A | 20.2742 |
Code | IFV |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
First Trust Dorsey [IFV] is traded in USA and was established 2014-07-22. The fund is classified under Foreign Large Blend category within First Trust family. The entity is thematically classified as Strategy ETFs. First Trust Dorsey currently have 140.01 M in assets under management (AUM). , while the total return for the last 3 years was -1.7%.
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 Dorsey 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.
Top First Trust Dorsey Etf Constituents
BICK | First Trust | Etf | Diversified Emerging Mkts | |
FCA | First Trust China | Etf | China Region | |
FEP | First Trust Europe | Etf | Europe Stock | |
FGM | First Trust Germany | Etf | Miscellaneous Region | |
FSZ | First Trust Switzerland | Etf | Miscellaneous Region | |
NFTY | First Trust India | Etf | India Equity | |
FDT | First Trust Developed | Etf | Foreign Large Blend | |
FLN | First Trust Latin | Etf | Latin America Stock |
First Trust Dorsey 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 | (0.06) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.15) |
First Trust Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Dorsey. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of First Trust Dorsey 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.