First Trust Exchange Traded Etf Profile
GMAY Etf | 36.93 0.07 0.19% |
Performance12 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 36.93 as of the 23rd of November 2024; that is 0.19% up since the beginning of the trading day. The etf's open price was 36.86. 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 Exchange Traded are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of May 2024 and ending today, the 23rd of November 2024. Click here to learn more.
First Trust is entity of United States. It is traded as Etf on BATS exchange. More on First Trust Exchange Traded
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First Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Large Cap ETFs, Size And Style ETFs, Defined Outcome (View all Sectors) |
Issuer | First Trust |
Inception Date | 2023-05-19 |
Benchmark | SPDR S&P 500 ETF Trust |
Entity Type | Regulated Investment Company |
Asset Under Management | 247.16 Million |
Asset Type | Equity |
Category | Size and Style |
Focus | Large 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 | Karan Sood, Howard Rubin |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Aug |
Exchange | Cboe BZX Exchange, Inc. |
Number of Constituents | 5.0 |
Market Maker | Susquehanna |
Total Expense | 0.85 |
Management Fee | 0.85 |
200 Day M A | 35.0174 |
Country Name | USA |
50 Day M A | 36.4173 |
Code | GMAY |
Updated At | 23rd of November 2024 |
Returns Y T D | 12.23 |
Name | First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - May |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01GN8WSR4 |
Type | ETF |
1y Volatility | 5.14 |
First Trust Exchange Traded [GMAY] is traded in USA and was established null. The fund is listed under Defined Outcome. The entity is thematically classified as Large Cap ETFs. First Trust Exchange currently have in assets under management (AUM). , while the total return for the last year was 15.0%.
Check First Trust Probability Of Bankruptcy
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 | 0.1142 | |||
Jensen Alpha | 0.0045 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.17) |
First Trust Against Markets
Check out Risk vs Return Analysis 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 nation. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.