First Trust Exchange Traded Etf Profile
RSSE Etf | 20.59 0.01 0.05% |
Performance13 of 100
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First Trust is trading at 20.59 as of the 27th of November 2024, a 0.05 percent increase since the beginning of the trading day. The etf's lowest day price was 20.52. First Trust has 50 percent odds of going through some form of financial distress in the next two years but had a very good returns 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 29th of August 2024 and ending today, the 27th of November 2024. Click here to learn more.
First Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Size And Style ETFs, Large Cap ETFs (View all Sectors) |
Issuer | First Trust |
Inception Date | 2024-09-20 |
Benchmark | Invesco S&P 500 Equal Weight ETF Trust |
Entity Type | Regulated Investment Company |
Asset Under Management | 20.53 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 | 31-May |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 4.0 |
Market Maker | Susquehanna |
Total Expense | 0.85 |
Management Fee | 0.85 |
Name | First Trust Exchange-Traded Fund VIII |
Currency Code | USD |
Code | RSSE |
Country Name | USA |
Open Figi | BBG01PP3PKV3 |
Updated At | 22nd of October 2024 |
Currency Name | US Dollar |
Type | Common Stock |
I P O Date | 23rd of September 2024 |
Is Delisted | false |
First Trust Exchange Traded [RSSE] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund at this time have in assets.
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 | 0.1177 | |||
Jensen Alpha | 0.0535 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.19) |
First Trust Against Markets
Check out Your Equity Center 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 state. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.