First Trust Vivaldi Etf Profile
| MARB Etf | USD 19.80 0.01 0.05% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 19.80 as of the 28th of November 2024, a 0.05 percent decrease since the beginning of the trading day. The etf's open price was 19.81. 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 Vivaldi 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 establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. More on First Trust Vivaldi
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Event Driven, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2020-02-04 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 27.75 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| 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 | Michael Peck, Scott Hergott, Brian Murphy, Jeff O'Brien, Daiel Lancz, Michael Grayson |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 37.0 |
| Market Maker | Wolverine Trading |
| Total Expense | 1.8 |
| Management Fee | 1.25 |
| Country Name | USA |
| Returns Y T D | (0.63) |
| Name | First Trust Vivaldi Merger Arbitrage ETF |
| Currency Code | USD |
| Open Figi | BBG00RHJ0R55 |
| In Threey Volatility | 3.07 |
| 1y Volatility | 3.76 |
| 200 Day M A | 19.7828 |
| 50 Day M A | 19.8082 |
| Code | MARB |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.76) |
| Type | ETF |
First Trust Vivaldi [MARB] is traded in USA and was established 2020-02-04. The fund is listed under Event Driven category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust Vivaldi now have 81.44 M in assets. , while the total return for the last 3 years was 1.8%.
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 Vivaldi 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 Vivaldi Etf Constituents
| WTRE | WisdomTree New Economy | Etf | Global Real Estate | |
| AMD | Advanced Micro Devices | Stock | Information Technology | |
| BBDC | Barings BDC | Stock | Financials | |
| AON | Aon PLC | Stock | Financials | |
| RC | Ready Capital Corp | Stock | Financials | |
| COP | ConocoPhillips | Stock | Energy | |
| APO | Apollo Global Management | Stock | Financials | |
| CNX | CNX Resources Corp | Stock | Energy |
First Trust Vivaldi 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 | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.13) |
First Trust Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Vivaldi. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of First Trust Vivaldi 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.