First Trust Small Etf Profile
| RNSC Etf | USD 32.38 0.04 0.12% |
Performance7 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 32.38 as of the 28th of November 2024, a 0.12 percent decrease since the beginning of the trading day. The etf's open price was 32.42. First Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok 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 30th of August 2024 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 common stocks and real estate investment trusts that comprise the index. Small Cap is traded on NASDAQ Exchange in the United States. More on First Trust Small
Moving together with First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Small Cap ETFs, Size And Style ETFs, Small Blend, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2017-06-20 |
| Benchmark | Nasdaq Riskalyze US Small Cap Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 27.54 Million |
| Average Trading Valume | 2,401.5 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| 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 | 3-Mar |
| Exchange | NASDAQ |
| Number of Constituents | 315 |
| Market Maker | Susquehanna |
| Total Expense | 0.6 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | 15.8 |
| Name | First Trust Small Cap US Equity Select ETF |
| Currency Code | USD |
| Open Figi | BBG00GY1J1V7 |
| In Threey Volatility | 21.96 |
| 1y Volatility | 19.57 |
| 200 Day M A | 28.8276 |
| 50 Day M A | 30.3819 |
| Code | RNSC |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
First Trust Small [RNSC] is traded in USA and was established 2017-06-20. The fund is listed under Small Blend category and is part of First Trust family. The entity is thematically classified as Small Cap ETFs. First Trust Small at this time have 21.89 M in assets. , while the total return for the last 3 years was 4.8%.
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 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.
First Trust Small Currency Exposure
First Trust Small 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 Small.
Top First Trust Small Etf Constituents
| MEI | Methode Electronics | Stock | Information Technology | |
| PBI | Pitney Bowes | Stock | Industrials | |
| SWCH | Switch Inc | Stock | Information Technology | |
| FI | Fiserv, | Stock | Information Technology | |
| CNMD | CONMED | Stock | Health Care | |
| USPH | US Physicalrapy | Stock | Health Care | |
| AVT | Avnet Inc | Stock | Information Technology | |
| NHC | National HealthCare | Stock | Health Care |
First Trust Small 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 | 0.0804 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0019 |
First Trust Against Markets
Check out Your Equity Center 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 state. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.