First Trust Dow Etf Profile
| FDM Etf | USD 72.98 0.80 1.11% |
Performance10 of 100
| Odds Of DistressLess than 9
|
First Trust is selling at 72.98 as of the 25th of November 2024; that is 1.11 percent increase since the beginning of the trading day. The etf's lowest day price was 72.98. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for First Trust Dow are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund will normally invest at least 80 percent of its net assets in the common stocks of U.S. micro-capitalization companies which are publicly traded in the United States. DJ Select is traded on NYSEARCA Exchange in the United States. The company has 95.63 M outstanding shares. More on First Trust Dow
Moving together with First Etf
First Etf Highlights
| Thematic Idea | Size And Style ETFs (View all Themes) |
| Old Names | [Freedom Oil and Gas Ltd, First Trust Dow Jones Sel MicroCap ETF] |
| Business Concentration | Size And Style ETFs, Small Value, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2005-09-27 |
| Benchmark | Dow Jones Select Microcap Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 187.31 Million |
| Average Trading Valume | 25,501 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Micro 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 J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 142 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.68 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 19.18 |
| Name | First Trust Dow Jones Select MicroCap Index Fund |
| Currency Code | USD |
| Open Figi | BBG000JGZYM6 |
| In Threey Volatility | 22.09 |
| 1y Volatility | 20.43 |
| 200 Day M A | 62.4259 |
| 50 Day M A | 65.7456 |
| Code | FDM |
| Updated At | 25th of November 2024 |
| Currency Name | US Dollar |
First Trust Dow [FDM] is traded in USA and was established 2005-09-27. The fund is classified under Small Value category within First Trust family. The entity is thematically classified as Size And Style ETFs. First Trust Dow currently have 137.7 M in assets under management (AUM). , while the total return for the last 3 years was 5.4%.
First Trust Dow has about 25.83 M in cash with 22.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
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 Dow 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 Dow Etf Constituents
| SI | Silvergate Capital | Stock | Financials | |
| MHO | MI Homes | Stock | Consumer Discretionary | |
| SBCF | Seacoast Banking | Stock | Financials | |
| DCOM | Dime Community Bancshares | Stock | Financials | |
| ECPG | Encore Capital Group | Stock | Financials | |
| GEO | Geo Group | Stock | Industrials | |
| VNDA | Vanda Pharmaceuticals | Stock | Health Care | |
| WGO | Winnebago Industries | Stock | Consumer Discretionary |
First Trust Dow 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 | 0.1321 | |||
| Jensen Alpha | 0.0368 | |||
| Total Risk Alpha | 0.0026 | |||
| Sortino Ratio | 0.1129 |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Dow. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of First Trust Dow 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.