First Trust Horizon Etf Profile
| HDMV Etf | USD 29.44 0.12 0.41% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is selling for under 29.44 as of the 21st of November 2024; that is 0.41 percent decrease since the beginning of the trading day. The etf's lowest day price was 29.37. 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 Horizon are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in common stocks and depositary receipts of developed market companies listed and traded on non-U.S. exchanges that the Sub-Advisor believes exhibit low future expected volatility. More on First Trust Horizon
Moving together with First Etf
| 0.84 | EFV | iShares MSCI EAFE | PairCorr |
| 0.84 | FNDF | Schwab Fundamental | PairCorr |
| 0.64 | VYMI | Vanguard International | PairCorr |
| 0.88 | IDV | iShares International Low Volatility | PairCorr |
| 0.75 | DFIV | Dimensional International | PairCorr |
| 0.79 | IVLU | iShares Edge MSCI | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Equity ETFs, Volatility ETFs, Foreign Large Value, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2016-08-24 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 30.92 Million |
| Average Trading Valume | 7,541.6 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Volatility |
| Market Concentration | Developed Markets |
| Region | Global ex-U.S. |
| 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 | Michael Dickson, Scott Ladner, Steven Clark |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 151 |
| Market Maker | Jane Street |
| Total Expense | 0.8 |
| Management Fee | 0.8 |
| Country Name | USA |
| Returns Y T D | 5.01 |
| Name | First Trust Horizon Managed Volatility Developed International ETF |
| Currency Code | USD |
| Open Figi | BBG00DPCZ4J0 |
| In Threey Volatility | 13.5 |
| 1y Volatility | 11.58 |
| 200 Day M A | 29.6225 |
| 50 Day M A | 30.7876 |
| Code | HDMV |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.11) |
First Trust Horizon [HDMV] is traded in USA and was established 2016-08-24. The fund is listed under Foreign Large Value category and is part of First Trust family. The entity is thematically classified as Broad Equity ETFs. First Trust Horizon currently have 35.77 M in assets under management (AUM). , while the total return for the last 3 years was 1.0%.
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 Horizon 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 Horizon Currency Exposure
First Trust Horizon 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 Horizon.
Top First Trust Horizon Etf Constituents
| MDNDF | McDonalds Holdings | Pink Sheet | Restaurants | |
| GBLBF | Groep Brussel Lambert | Pink Sheet | Asset Management | |
| SWZCF | Swisscom AG | Pink Sheet | Telecom Services | |
| AER | AerCap Holdings NV | Stock | Industrials | |
| NOVN | Novan Inc | Stock | Health Care | |
| ROG | Rogers | Stock | Information Technology | |
| SCHN | SCHNITZER STEEL INDUSTRIES | Stock | Materials | |
| SCHP | Schwab TIPS ETF | Etf | Inflation-Protected Bond |
First Trust Horizon 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 | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.17) |
First Trust Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Horizon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of First Trust Horizon 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.