First Trust Bloomberg Etf Profile

RND Etf   24.24  0.02  0.08%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
First Trust is trading at 24.24 as of the 24th of November 2024, a 0.08 percent increase since the beginning of the trading day. The etf's lowest day price was 24.24. First Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for First Trust Bloomberg are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
First Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on First Trust Bloomberg

Moving together with First Etf

  0.99VTI Vanguard Total StockPairCorr
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  0.91VIG Vanguard DividendPairCorr
  0.99VV Vanguard Large CapPairCorr
  0.95RSP Invesco SP 500PairCorr

Moving against First Etf

  0.85VIIX VIIXPairCorr
  0.83YCL ProShares Ultra YenPairCorr
  0.82FXY Invesco CurrencySharesPairCorr
  0.79ULE ProShares Ultra EuroPairCorr

First Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationTheme ETFs, Strategy ETFs, Large Blend (View all Sectors)
IssuerFirst Trust
Inception Date2024-04-30
BenchmarkBloomberg R&D Leaders Select Index
Entity TypeRegulated Investment Company
Asset Under Management2.42 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerDaniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents50.0
Market MakerLatour Trading
Total Expense0.6
Management Fee0.6
Country NameUSA
CodeRND
Updated At23rd of November 2024
NameFirst Trust Bloomberg RD Leaders ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01MMSXXS5
TypeETF
First Trust Bloomberg [RND] is traded in USA and was established null. The fund is classified under Large Blend. The entity is thematically classified as Theme ETFs. First Trust Bloomberg at this time have in assets.
Check First Trust Probability Of Bankruptcy

Geographic Allocation (%)

Top First Trust Bloomberg Etf Constituents

VRTXVertex PharmaceuticalsStockHealth Care
ADSKAutodeskStockInformation Technology
FTNTFortinetStockInformation Technology
BKNGBooking HoldingsStockConsumer Discretionary
GILDGilead SciencesStockHealth Care
ZTSZoetis IncStockHealth Care
AVGOBroadcomStockInformation Technology
ORCLOracleStockInformation Technology
More Details

First Trust Bloomberg 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.

First Trust Against Markets

When determining whether First Trust Bloomberg offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Bloomberg Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Bloomberg Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of First Trust Bloomberg 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.