FTCE
First Trust New Constructs Core Earnings Leaders ETF
The First Trust New Constructs Core Earnings Leaders ETF seeks to provide investment results that correspond to the performance of a proprietary index comprised of U.S. companies identified as having high-quality core earnings.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 87.5 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Oct 02, 2024 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| BOOKING HOLDINGS INC. | 4.6 % |
| ELI LILLY & CO | 4.1 % |
| SERVICENOW INC | 4.1 % |
| SEAGATE TECHNOLOGY HOLDINGS PLC | 4.0 % |
| QUALCOMM INC | 3.9 % |
| STARBUCKS CORP | 3.8 % |
| INTL BUSINESS MACHINES CORP | 3.8 % |
| VISA INC. CLASS A | 3.7 % |
| ACCENTURE PLC-CL A | 3.5 % |
| INTEL CORP | 2.9 % |
Constituent Breakdown
| Number of holdings | 101 |
| Herfindahl-Hirschman Index | 227 |
| Wgt avg mkt cap (mns) | $198,507 |
| Large cap (>$10bn) | 99.9% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 90.9 % |
 |
IRELAND | 7.5 % |
 |
SINGAPORE | 1.2 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.8% | 21.7% | -- | -- | -- | -- | -- | 18.1% |
| Dividend Yield | 0.5% | 0.9% | -- | -- | -- | -- | -- | 1.2% |
| Total Returns | 9.3% | 22.6% | -- | -- | -- | -- | -- | 19.3% | Ann. Volatility | 15.2% | 13.8% | -- | -- | -- | -- | -- | 16.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.91 | 71% |
| MSCI EAFE | 0.61 | 48% |
| MSCI Emg Mkts | 0.35 | 38% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.07% |
Technical Indicators
| 30d moving avg. (EMA) | $27.40 |
| Relative strength (RSI) | 62 |
| MACD/Signal | 0.25/0.16 |
| Bollinger Bands (Upper/Lower) | $28.27/$26.43 |
| Short interest (% of AUM) | 0.4% |
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. FTCE |
Expenses vs. FTCE |
ALTAR Score™ vs. FTCE |
|---|---|---|---|---|
| DUHP | Dimensional US High Profitability ETF | 25.3% | -39 bp | +1.2% |
| ABFL | Abacus FCF Leaders ETF | 24.0% | -1 bp | -0.1% |
| EQWL | Invesco S&P 100 Equal Weight ETF | 22.5% | -35 bp | +0.3% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 22.4% | -11 bp | -0.1% |
| TTAC | FCF US Quality ETF | 22.1% | -1 bp | +1.7% |
| SNPV | Xtrackers S&P 500 Value ESG ETF | 21.9% | -45 bp | +0.5% |
| XMAG | Defiance Large Cap ex-Mag 7 ETF | 21.6% | -25 bp | -0.6% |
| QUAL | iShares MSCI USA Quality Factor ETF | 21.3% | -45 bp | -0.2% |
| VO | Vanguard Mid-Cap ETF | 21.2% | -56 bp | +0.6% |
| VIG | Vanguard Dividend Appreciation ETF | 20.9% | -55 bp | +0.1% |
Risk and Returns: FTCE 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 8/25/2026
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
5.3%
ALTAR SCORE™
52nd
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,409 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. FTCE's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places FTCE in the 52nd percentile
among funds in the category.
Sell-Side Consensus
$30.62
PRICE TARGET
+10.3%
UPSIDE