First Trust is selling for under 21.21 as of the 16th of February 2025; that is 0.38 percent decrease since the beginning of the trading day. The etf's lowest day price was 21.21. First Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 18th of November 2024 and ending today, the 16th of February 2025. Click here to learn more.
The fund will invest at least 80 percent of its net assets in the common stocks and depositary receipts that comprise the index. First Trust is traded on BATS Exchange in the United States. More on First Trust Exchange Traded
Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
31-Mar
Exchange
Cboe BZX Exchange, Inc.
Number of Constituents
50.0
Market Maker
Jane Street
Total Expense
0.7
Management Fee
0.7
Country Name
USA
Returns Y T D
3.38
Currency Code
USD
Open Figi
BBG011FJ2MH9
In Threey Volatility
21.78
1y Volatility
15.46
200 Day M A
21.0626
50 Day M A
21.3526
Code
MDEV
Updated At
16th of February 2025
Currency Name
US Dollar
In Threey Sharp Ratio
(0.13)
Type
ETF
First Trust Exchange Traded [MDEV] is traded in USA and was established 2021-06-22. The fund is listed under Health category and is part of First Trust family. The entity is thematically classified as Health Care ETFs. First Trust Exchange now have 1.63 M in assets. , while the total return for the last 3 years was -1.3%.
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.
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 Exchange 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 Exchange Traded Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Exchange Traded Etf:
Check out Correlation 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 income.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.