First Trust is selling for under 40.38 as of the 22nd of November 2024; that is 1.97 percent increase since the beginning of the trading day. The etf's last reported lowest price was 39.57. 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 Utilities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd 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 that comprise the index. Utilities Alphadex is traded on NYSEARCA Exchange in the United States. More on First Trust Utilities
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-Jul
Exchange
NYSE Arca, Inc.
Number of Constituents
41.0
Market Maker
GTS
Total Expense
0.64
Management Fee
0.5
Country Name
USA
Returns Y T D
27.36
Name
First Trust Utilities AlphaDEX Fund
Currency Code
USD
Open Figi
BBG000R6B8K4
In Threey Volatility
18.04
1y Volatility
15.04
200 Day M A
34.5777
50 Day M A
38.3074
Code
FXU
Updated At
21st of November 2024
Currency Name
US Dollar
First Trust Utilities [FXU] is traded in USA and was established 2007-05-08. The fund is classified under Utilities category within First Trust family. The entity is thematically classified as Sector ETFs. First Trust Utilities currently have 423.14 M in assets under management (AUM). , while the total return for the last 3 years was 11.1%.
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 Utilities 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.
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.
When determining whether First Trust Utilities is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust Utilities Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Utilities Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Utilities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of First Trust Utilities 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.