First Trust Expanded Etf Profile
| XPND Etf | USD 30.50 0.25 0.83% |
Performance13 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 30.50 as of the 30th of November 2024, a 0.83 percent increase since the beginning of the trading day. The etf's lowest day price was 30.49. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for First Trust Expanded 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 invest at least 80 percent of its net assets in the common stocks of companies identified by its investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from andor dependent upon technology . More on First Trust Expanded
Moving together with First Etf
| 0.99 | VGT | Vanguard Information | PairCorr |
| 0.96 | XLK | Technology Select Sector | PairCorr |
| 0.99 | IYW | iShares Technology ETF | PairCorr |
| 0.74 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.91 | CIBR | First Trust NASDAQ | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2021-06-14 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 24.21 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| 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 J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson, Erik Russo. Omar Sepulveda |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 51.0 |
| Market Maker | Citadel |
| Total Expense | 0.65 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 29.84 |
| Name | First Trust Expanded Technology ETF |
| Currency Code | USD |
| Open Figi | BBG011BZH7B0 |
| In Threey Volatility | 23.24 |
| 1y Volatility | 13.13 |
| 200 Day M A | 27.4986 |
| 50 Day M A | 29.4889 |
| Code | XPND |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
First Trust Expanded [XPND] is traded in USA and was established 2021-06-14. The fund is listed under Technology category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust Expanded at this time have 13.45 M in net assets. , while the total return for the last 3 years was 10.8%.
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 Expanded 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 Expanded Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
| AVGO | Broadcom | Stock | Information Technology | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| INTU | Intuit Inc | Stock | Information Technology | |
| MA | Mastercard | Stock | Financials | |
| MSFT | Microsoft | Stock | Information Technology | |
| NVDA | NVIDIA | Stock | Information Technology |
First Trust Expanded 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 | 0.109 | |||
| Jensen Alpha | 0.0099 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0138 |
First Trust Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in First Trust Expanded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of First Trust Expanded 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.