First Trust Equity Etf Profile
| RNDV Etf | USD 34.45 0.49 1.44% |
Performance7 of 100
| Odds Of DistressLess than 9
|
First Trust is selling for under 34.45 as of the 22nd of November 2024; that is 1.44 percent increase since the beginning of the trading day. The etf's lowest day price was 34.05. 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 Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of November 2023 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 and real estate investment trusts that comprise the index. US Equity is traded on NASDAQ Exchange in the United States. More on First Trust Equity
Moving together with First Etf
| 0.94 | VTV | Vanguard Value Index | PairCorr |
| 0.92 | VYM | Vanguard High Dividend | PairCorr |
| 0.9 | IWD | iShares Russell 1000 | PairCorr |
| 0.95 | DGRO | iShares Core Dividend | PairCorr |
| 0.9 | IVE | iShares SP 500 | PairCorr |
| 0.8 | DVY | iShares Select Dividend | PairCorr |
Moving against First Etf
First Etf Highlights
| Business Concentration | Large Value, First Trust (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 15.9 |
| Name | First Trust US Equity Dividend Select ETF |
| Currency Code | USD |
| In Threey Volatility | 17.56 |
| 1y Volatility | 12.45 |
| 200 Day M A | 28.323 |
| 50 Day M A | 27.9743 |
| Code | RNDV |
| Updated At | 22nd of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.27 |
| Type | ETF |
First Trust Equity [RNDV] is traded in USA and was established 2017-06-20. The fund is listed under Large Value category and is part of First Trust family. First Trust Equity at this time have 16.18 M in assets. , while the total return for the last 3 years was 7.1%.
Check First Trust Probability Of Bankruptcy
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 Equity 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 Equity Etf Constituents
| HPE | Hewlett Packard Enterprise | Stock | Information Technology | |
| GPC | Genuine Parts Co | Stock | Consumer Discretionary | |
| GPS | Gap Inc | Stock | Consumer Discretionary | |
| INTC | Intel | Stock | Information Technology | |
| MMM | 3M Company | Stock | Industrials | |
| F | Ford Motor | Stock | Consumer Discretionary | |
| CA | Xtrackers California Municipal | Etf | Muni California Intermediate | |
| ETN | Eaton PLC | Stock | Industrials |
First Trust Equity 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.
| Mean Deviation | 0.5475 | |||
| Semi Deviation | 0.5202 | |||
| Standard Deviation | 0.6936 | |||
| Variance | 0.481 |
First Trust Equity Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. First Trust Equity Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe First Trust price patterns.
First Trust Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust Equity. 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 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 Equity 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.