First Trust Dorsey Etf Profile
| FV Etf | USD 57.47 0.13 0.23% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is selling for under 57.47 as of the 4th of October 2024; that is 0.23 percent decrease since the beginning of the trading day. The etf's lowest day price was 57.19. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Trust Dorsey are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2024 and ending today, the 4th of October 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the exchange-traded funds that comprise the index. Dorsey Wright is traded on NASDAQ Exchange in the United States. More on First Trust Dorsey
Moving together with First Etf
First Etf Highlights
| Thematic Idea | Strategy ETFs (View all Themes) |
| Old Names | [Firestone Ventures Inc, First Trust Dorsey Wright Focus 5 ETF] |
| Business Concentration | Strategy ETFs, Mid-Cap Blend, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2014-03-05 |
| Benchmark | Dorsey Wright Focus Five Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 93,436.3 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Alpha-Seeking |
| 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 | 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 | 30-Sep |
| Exchange | NASDAQ |
| Number of Constituents | 6.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.9 |
| Management Fee | 0.3 |
| Country Name | USA |
| Returns Y T D | 11.82 |
| Name | First Trust Dorsey Wright Focus 5 ETF |
| Currency Code | USD |
| Open Figi | BBG005YW3DP1 |
| In Threey Volatility | 22.12 |
| 1y Volatility | 19.48 |
| 200 Day M A | 55.2327 |
| 50 Day M A | 55.7652 |
| Code | FV |
| Updated At | 4th of October 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.33 |
First Trust Dorsey [FV] is traded in USA and was set up on 2014-03-05. The fund is currently listed under Mid-Cap Blend category as part of First Trust family of funds. The entity is thematically classified as Strategy ETFs. First Trust Dorsey currently have 2.59 B in assets under management (AUM). , while the total return for the last 3 years was 8.3%.
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 Dorsey 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 Dorsey Etf Constituents
| FBT | First Trust NYSE | Etf | Health | |
| FDN | First Trust Dow | Etf | Technology | |
| FTXR | First Trust Nasdaq | Etf | Industrials | |
| FXD | First Trust Consumer | Etf | Consumer Cyclical | |
| FXH | First Trust Health | Etf | Health | |
| FXL | First Trust Technology | Etf | Technology | |
| FXN | First Trust Energy | Etf | Equity Energy | |
| FXO | First Trust Financials | Etf | Financial |
First Trust Dorsey 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 | 0.0123 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.05) |
First Trust Against Markets
Additional Information and Resources on Investing in First Etf
When determining whether First Trust Dorsey is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Dorsey. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of First Trust Dorsey 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.