First Trust Tcw Etf Profile
| FIXD Etf | USD 45.45 0.08 0.18% |
Performance18 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 45.45 as of the 24th of September 2024, a 0.18 percent decrease since the beginning of the trading day. The etf's lowest day price was 45.33. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for First Trust TCW are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of June 2024 and ending today, the 24th of September 2024. Click here to learn more.
The fund pursues its objective by investing at least 80 percent of its net assets in fixed income securities. Tcw Opportunistic is traded on NASDAQ Exchange in the United States. More on First Trust TCW
Moving together with First Etf
| 1.0 | IUSB | iShares Core Total Sell-off Trend | PairCorr |
| 1.0 | FBND | Fidelity Total Bond Sell-off Trend | PairCorr |
| 1.0 | TOTL | SPDR DoubleLine Total | PairCorr |
| 1.0 | HTRB | Hartford Total Return | PairCorr |
| 1.0 | GTO | Invesco Total Return | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Idea | Broad Debt ETFs (View all Themes) |
| Old Name | Coolabah Active Composite Bond Fund ETF |
| Business Concentration | Broad Debt ETFs, Intermediate Core-Plus Bond, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2017-02-14 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.47 Billion |
| Average Trading Valume | 647,893.4 |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Broad Debt |
| Market Concentration | Blended Development |
| Region | Global |
| 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 | Tad Rivelle, Stephen M. Kane, Laird Landmann, Brian T. Whalen |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 896 |
| Market Maker | GTS |
| Total Expense | 0.65 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 5.18 |
| Name | First Trust TCW Opportunistic Fixed Income ETF |
| Currency Code | USD |
| Open Figi | BBG00FZ4KFH5 |
| In Threey Volatility | 8.52 |
| 1y Volatility | 9.18 |
| 200 Day M A | 43.7612 |
| 50 Day M A | 44.72 |
| Code | FIXD |
| Updated At | 23rd of September 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.74) |
First Trust TCW [FIXD] is traded in USA and was established 2017-02-14. The fund is listed under Intermediate Core-Plus Bond category and is part of First Trust family. The entity is thematically classified as Broad Debt ETFs. First Trust TCW currently have 3.38 B in assets under management (AUM). , while the total return for the last 3 years was -2.2%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
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 TCW 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.
First Trust TCW Currency Exposure
First Trust TCW 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 TCW.
First Trust Top Holders
| AIHAX | Horizon Active Income | Mutual Fund | Intermediate Core-Plus Bond | |
| AIMNX | Horizon Active Income | Mutual Fund | Intermediate Core-Plus Bond | |
| LDSF | First Trust Low | Etf | Short-Term Bond | |
| APSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation | |
| CPSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation | |
| IPSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation |
First Trust TCW 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 | 0.1833 | |||
| Jensen Alpha | 0.0778 | |||
| Total Risk Alpha | 0.0295 | |||
| Sortino Ratio | (0.1) |
First Trust Against Markets
Additional Information and Resources on Investing in First Etf
When determining whether First Trust TCW 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 Tcw Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Tcw Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust TCW. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of First Trust TCW 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.