AFLG
First Trust Active Factor Large Cap ETF
AFLG is an actively managed portfolio of factor-focused US large-cap companies seeking capital appreciation.
Fund Basics
| Fund sponsor | First Trust |
| Category | US Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 04, 2019 |
| Assets (mns) | $5 |
| Expense ratio | 55 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| APPLE INC | 6.2 % |
| MICROSOFT CORP | 6.0 % |
| NVR INC | 1.9 % |
| BROADCOM INC. | 1.8 % |
| META PLATFORMS INC | 1.7 % |
| ALPHABET INC. CLASS A | 1.5 % |
| EXXON MOBIL CORP | 1.2 % |
| CISCO SYSTEMS INC | 1.1 % |
| ABBVIE INC | 1.0 % |
| NVIDIA CORP | 0.9 % |
Constituent Breakdown
| Number of holdings | 260 |
| Herfindahl-Hirschman Index | 123 |
| Wgt avg mkt cap (mns) | $453,043 |
| Large cap (>$10bn) | 93.7% |
| Mid cap ($2-10bn) | 4.4% |
| Small cap (<$2bn) | 0.2% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 96.5 % |
 |
IRELAND | 1.4 % |
 |
BRITAIN | 0.7 % |
 |
BERMUDA | 0.6 % |
Historical Performance
Standardized Annual Returns (as of 05/31/2023)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 3.2% | -3.4% | -1.3% | 9.8% | -- | -- | 5.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.93 | 97% |
| MSCI EAFE | 0.82 | 75% |
| MSCI Emg Mkts | 0.55 | 33% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.15% |
| ADV of underlying (mns) | $96,180 |
Technical Indicators
| Recent close | $24.54 |
| 30d moving avg. | $23.98 |
| Annualized volatility | 17.3% |
| Relative strength (RSI) | 60 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 2.3% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. AFLG |
Expenses vs. AFLG |
ALTAR Score™ vs. AFLG |
|---|---|---|---|---|
| GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 52.9% | -46 bp | -0.7% |
| PLRG | Principal US Large-Cap Adaptive Multi-Factor ETF | 51.8% | -40 bp | -1.3% |
| QLC | FlexShares US Quality Large Cap Index Fund | 51.2% | -30 bp | -0.5% |
| GPAL | Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca | 50.6% | -35 bp | -0.8% |
| FLQL | Franklin LibertyQ U.S. Equity ETF | 48.5% | -40 bp | +0.2% |
| JHML | John Hancock Multifactor Large Cap ETF | 48.4% | -26 bp | -1.0% |
| GSPY | Gotham Enhanced 500 ETF | 48.0% | -5 bp | -1.2% |
| EPS | WisdomTree U.S. Earnings 500 Fund | 47.0% | -47 bp | 0.0% |
| MMTM | SPDR S&P 1500 Momentum Tilt ETF | 46.1% | -43 bp | -1.6% |
| VSLU | Applied Finance Valuation Large Cap ETF | 45.9% | -6 bp | -0.9% |
Risk and Returns: AFLG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2022 | 2023E | Fwd Est | 2024E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/8/2023
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
AFLG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
AFLG
7.0%
Cat. Avg
6.1%
Fund Category: US Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 7.0% |
Recommendation
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
Category Overview
There are 899 funds in the US Equities category, with an average ALTAR Score™
of 6.1% and a standard deviation of
3.0%. AFLG's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places AFLG in the 61st percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
AFLG
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| AFLG | 55.0 | 15.0 | 70 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .