FDM
First Trust Dow Jones Select MicroCap Index Fund
First Trust Dow Jones Select MicroCap Index Fund is an exchange-traded fund incorporated in the USA. The Fund's objective is to seek investment results that correspond to the price and yield of The Dow Jones Select MicroCap Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 261.1 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Sep 27, 2005 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| STOKE THERAPEUTICS, INC. | 2.2 % |
| NORTHWEST PIPE COMPANY | 1.6 % |
| TETRA TECHNOLOGIES INC | 1.6 % |
| AMERICAN AXLE & MFG HOLDINGS | 1.5 % |
| UNITED FIRE & CASUALTY CO | 1.5 % |
| DELUXE CORP | 1.4 % |
| NEW MEDIA INVESTMENT GROUP | 1.4 % |
| OIL-DRI CORP OF AMERICA | 1.4 % |
| AMERICAN PUBLIC EDUCATION | 1.4 % |
| UNIVERSAL INSURANCE HOLDINGS | 1.3 % |
Constituent Breakdown
| Number of holdings | 149 |
| Herfindahl-Hirschman Index | 91 |
| Wgt avg mkt cap (mns) | $802 |
| Large cap (>$10bn) | 2.2% |
| Mid cap ($2-10bn) | 96.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 96.3 % |
 |
JERSEY | 1.0 % |
 |
BRITAIN | 0.6 % |
 |
CAYMAN ISLANDS | 0.6 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 16.9% | 30.0% | 24.6% | 18.3% | 8.6% | 10.8% | 7.5% | 7.6% |
| Dividend Yield | 0.8% | 2.0% | 1.9% | 1.9% | 1.9% | 1.7% | 1.3% | 1.3% |
| Total Returns | 17.8% | 31.9% | 26.5% | 20.2% | 10.4% | 12.5% | 8.9% | 8.9% | Ann. Volatility | 19.0% | 18.7% | 22.2% | 20.9% | 21.4% | 23.3% | 25.1% | 24.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.86 | 33% |
| MSCI EAFE | 0.68 | 32% |
| MSCI Emg Mkts | 0.33 | 16% |
Liquidity Measures
| Avg. volume (000) | 9 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| 30d moving avg. (EMA) | $89.92 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 1.10/1.27 |
| Bollinger Bands (Upper/Lower) | $94.11/$87.43 |
| Short interest (% of AUM) | 0.9% |
Distributions
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. FDM |
Expenses vs. FDM |
ALTAR Score™ vs. FDM |
|---|---|---|---|---|
| IWC | iShares Micro-Cap ETF | 14.2% | 0 bp | -8.6% |
| ROSC | Hartford Multifactor Small Cap ETF | 13.0% | -26 bp | -0.1% |
| SVAL | iShares US Small Cap Value Factor ETF | 12.0% | -40 bp | -0.3% |
| BSVO | EA Bridgeway Omni Small-Cap Value ETF | 11.1% | -13 bp | +0.1% |
| SQLV | Royce Quant Small-Cap Quality Value ETF | 10.5% | 0 bp | +0.3% |
Risk and Returns: FDM 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.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 7/12/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.5%
ALTAR SCORE™
85th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,398 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. FDM's ALTAR Score™ is approximately 1.1 standard
deviations above the category average. This places FDM in the 85th percentile
among funds in the category.
Sell-Side Consensus
$102.61
PRICE TARGET
+12.2%
UPSIDE