FCTR
First Trust Lunt U.S. Factor Rotation ETF
The First Trust Lunt US Factor Rotation ETF tracks an index of US large-cap stocks. Exposure rotates among four investment factors, selected by a risk-adjusted relative strength score. The fund aims to outperform the broad market over time.
Fund Basics
Fund sponsor | First Trust |
Category | US Equities |
Asset class | Equity |
Website | link... |
Inception date | Jul 23, 2018 |
Assets (mns) | $116 |
Expense ratio | 65 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Technical |
Weighting | Equal |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
MASTERCARD INCORPORATED CLASS A | 1.9 % |
RIVIAN AUTOMOTIVE, INC. CLASS A | 1.9 % |
FIRST SOLAR INC | 1.9 % |
APOLLO GLOBAL MANAGEMENT INC. | 1.9 % |
WW GRAINGER INC | 1.8 % |
VISA INC. CLASS A | 1.4 % |
AMPHENOL CORP-CL A | 1.4 % |
ARISTA NETWORKS, INC. | 1.3 % |
CADENCE DESIGN SYS INC | 1.3 % |
TRANSDIGM GROUP INC | 1.1 % |
Constituent Breakdown
Number of holdings | 163 |
Herfindahl-Hirschman Index | 112 |
Wgt avg mkt cap (mns) | $59,967 |
Large cap (>$10bn) | 97.4% |
Mid cap ($2-10bn) | 2.6% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 97.7 % | |
IRELAND | 2.1 % |
Historical Performance
Standardized Annual Returns (as of 08/31/2023)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
-6.5% | -8.4% | -14.4% | 0.5% | 5.6% | -- | 6.2% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.04 | 75% |
MSCI EAFE | 0.94 | 64% |
MSCI Emg Mkts | 0.68 | 32% |
Liquidity Measures
Avg. volume (000) | 23 |
Turnover | 0.5% |
Avg. Bid/Ask (% of price) | 0.25% |
ADV of underlying (mns) | $59,029 |
Technical Indicators
Recent close | $24.48 |
30d moving avg. | $25.38 |
Annualized volatility | 21.6% |
Relative strength (RSI) | 37 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 3.3% |
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. FCTR |
Expenses vs. FCTR |
ALTAR Score™ vs. FCTR |
---|---|---|---|---|
FTC | First Trust Large Cap Growth AlphaDEX Fund | 46.1% | -6 bp | +0.6% |
FEX | First Trust Large Cap Core AlphaDEX Fund | 35.5% | -6 bp | +3.5% |
VOT | Vanguard Mid-Cap Growth Index Fund | 34.7% | -58 bp | +1.4% |
PDP | Invesco DWA Momentum ETF | 32.0% | -3 bp | +0.9% |
JQUA | JPMorgan U.S. Quality Factor ETF | 31.7% | -53 bp | +2.8% |
JOET | Virtus Terranova US Quality Momentum ETF | 31.5% | -36 bp | +2.4% |
IMCG | iShares Morningstar Mid-Cap Growth ETF | 31.2% | -59 bp | +1.0% |
GSEW | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 30.4% | -56 bp | +3.3% |
IWP | iShares Russell Mid-Cap Growth ETF | 30.0% | -42 bp | +0.7% |
FAD | First Trust Multi Cap Growth AlphaDEX Fund | 28.2% | -2 bp | -0.2% |
Risk and Returns: FCTR 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 9/22/2023
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
FCTR
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™
FCTR
3.6%
Cat. Avg
6.4%
Fund Category: US Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 3.6% |
Recommendation
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
Category Overview
There are 898 funds in the US Equities category, with an average ALTAR Score™
of 6.4% and a standard deviation of
3.1%. FCTR's ALTAR Score™ is approximately
0.9 standard deviations
below
the category average. This places FCTR in the 18th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
FCTR
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) |
|
---|---|---|---|
FCTR | 65.0 | 24.6 | 89.6 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .