First Trust Exchange Traded Etf Profile
EIPI Etf | 20.57 0.09 0.44% |
Performance17 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 20.57 as of the 27th of November 2024. This is a 0.44 percent increase since the beginning of the trading day. The etf's open price was 20.48. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for First Trust Exchange Traded are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 27th of November 2024. Click here to learn more.
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First Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Sector ETFs, Energy ETFs, Derivative Income (View all Sectors) |
Issuer | First Trust |
Inception Date | 2011-09-27 |
Entity Type | Regulated Investment Company |
Asset Under Management | 994.07 Million |
Asset Type | Equity |
Category | Sector |
Focus | Energy |
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 | James Murchie, Eva Pao, John Tysseland |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Nov |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 104 |
Market Maker | RBC Capital Markets |
Total Expense | 1.1 |
Management Fee | 1.1 |
Country Name | USA |
Returns Y T D | 22.81 |
Name | First Trust Exchange-Traded Fund VIII |
Currency Code | USD |
Open Figi | BBG01MQW4J41 |
In Threey Volatility | 17.6 |
1y Volatility | 9.34 |
Code | EIPI |
Updated At | 26th of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.48 |
Type | ETF |
First Trust Exchange Traded [EIPI] is traded in USA and was established null. The fund is listed under Derivative Income. The entity is thematically classified as Sector ETFs. First Trust Exchange currently have in assets under management (AUM). , while the total return for the last 3 years was 14.0%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
First Trust Exchange Currency Exposure
First Trust Exchange Traded 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 Exchange Traded.
First Trust Exchange 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 | 0.1621 | |||
Jensen Alpha | 0.0983 | |||
Total Risk Alpha | 0.0241 | |||
Sortino Ratio | (0.01) |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of First Trust Exchange 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.