First Etf Profile

FTA
 Etf
  

USD 67.63  0.46  0.68%   

Market Performance
2 of 100
Odds Of Distress
Less than 10
First Trust is trading at 67.63 as of the 9th of December 2022, a 0.68 percent up since the beginning of the trading day. The etf's open price was 67.17. First Trust has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for First Trust Large are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of October 2022 and ending today, the 9th of December 2022. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Largecap Value is traded on NASDAQ Exchange in the United States. More on First Trust Large

Moving together with First Trust

+0.94PFEPfizer Inc Aggressive PushPairCorr
+0.93JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr

First Trust Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund retains 99.38% of its assets under management (AUM) in equities
ChairmanJames Bowen
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of First Trust's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerFirst Trust
Inception Date2007-05-08
BenchmarkNASDAQ AlphaDEX Large Cap Value Index
Entity TypeRegulated Investment Company
Asset Under Management1.28 Billion
Average Trading Valume72,823.4
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
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 ManagerDaniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeNASDAQ
Number of Constituents188
Market MakerSusquehanna
Total Expense0.6
Management Fee0.5
Nav Price63.39
Two Hundred Day Average66.11
Ytd-8.29%
Average Daily Volume In Three Month85.31k
Fifty Two Week Low57.18
As Of Date25th of October 2022
Average Daily Volume Last 10 Day54.91k
Fifty Two Week High73.31
One Month6.51%
Fifty Day Average62.81
Three Month-1.60%
Beta In Three Year1.08
First Trust Large [FTA] is traded in USA and was established 2007-05-08. The fund is classified under Large Value category within First Trust family. First Trust Large currently have 1.01 B in assets under management (AUM). , while the total return for the last 3 years was 8.44%.
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 Large 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 Large Etf Constituents

First Trust Target Price Odds Analysis

What are First Trust's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is about 12.94%. The First Trust Large probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 1.0968. This usually indicates First Trust Large market returns are sensitive to returns on the market. As the market goes up or down, First Trust is expected to follow. Additionally, the company has an alpha of 0.0183, implying that it can generate a 0.0183 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 67.63HorizonTargetOdds Above 67.63
86.94%90 days
 67.63 
12.94%
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is about 12.94 (This First Trust Large probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .

First Trust Large Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. 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. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.

First Trust Against Markets

Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust Large at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in First Trust Large?

The danger of trading First Trust Large is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust Large is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running First Trust Large price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.
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The market value of First Trust Large 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 First Trust value 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.