FTRI
First Trust Indxx Global Natural Resources Income ETF
The First Trust Indxx Global Natural Resources Income ETF tracks the price and yield performance, before fees and expenses, to the Indxx Global Natural Resources Income Index.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
70 bp
EXPENSES
$1.0 B
ASSETS UNDER MGMT
Fund Basics
Fund sponsor | First Trust Advisors LP |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | Mar 11, 2010 |
Assets (mns) | $1,048 |
Expense ratio | 70 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Dividends |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
BUNGE GLOBAL SA | 18.1 % |
AGNICO-EAGLE MINES LTD | 8.4 % |
CANADIAN NATURAL RESOURCES | 8.0 % |
FREEPORT-MCMORAN COPPER | 7.5 % |
NUTRIEN LTD. | 5.7 % |
AMERICAN WATER WORKS CO INC | 5.2 % |
ECOPETROL SA-SPONSORED ADR | 4.1 % |
WEYERHAEUSER CO | 3.8 % |
COAL INDIA LTD | 3.1 % |
CF INDUSTRIES HOLDINGS INC | 3.1 % |
Constituent Breakdown
Number of holdings | 347 |
Herfindahl-Hirschman Index | 474 |
Wgt avg mkt cap (mns) | $27,350 |
Large cap (>$10bn) | 79.6% |
Mid cap ($2-10bn) | 16.1% |
Small cap (<$2bn) | 4.3% |
Developed mkts. | 79.0% |
Emerging mkts. | 21.0% |
Country Exposure
UNITED STATES | 52.2 % | |
CANADA | 30.7 % | |
AUSTRALIA | 6.2 % | |
CHINA | 5.3 % | |
COLOMBIA | 4.1 % | |
INDIA | 3.6 % | |
BRITAIN | 3.4 % | |
JAPAN | 2.8 % | |
BRAZIL | 2.1 % | |
NORWAY | 1.8 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 1.5% | 10.0% | 6.3% | 3.8% | 8.1% | -1.3% | -1.9% | Volatility | 16.0% | 17.1% | 22.0% | 22.2% | 26.4% | 25.7% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.71 | 36% |
MSCI EAFE | 0.90 | 55% |
MSCI Emg Mkts | 0.80 | 44% |
Liquidity Measures
Avg. volume (000) | 102 |
Turnover | 0.1% |
Avg. Bid/Ask (% of price) | 0.15% |
ADV of underlying (mns) | $6,013 |
Technical Indicators
Recent close | $13.16 |
30d moving avg. | $13.21 |
Annualized volatility | 21.2% |
Relative strength (RSI) | 47 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 0.0% |
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. FTRI |
Expenses vs. FTRI |
ALTAR Score™ vs. FTRI |
---|---|---|---|---|
FTAG | First Trust Indxx Global Agriculture ETF | 24.8% | 0 bp | -0.8% |
FXG | First Trust Consumer Staples AlphaDEX Fund | 19.4% | -7 bp | -3.3% |
MOO | VanEck Agribusiness ETF | 17.8% | -17 bp | -0.4% |
GDX | VanEck Gold Miners ETF | 16.8% | -19 bp | -5.5% |
FTDS | First Trust Dividend Strength ETF | 16.4% | 0 bp | -1.1% |
NANR | SPDR S&P North American Natural Resources ETF | 16.3% | -35 bp | -2.7% |
GUNR | FlexShares Morningstar Global Upstream Natural Resources Ind | 15.3% | -24 bp | -0.7% |
GNR | SPDR S&P Global Natural Resources ETF | 14.8% | -30 bp | -0.2% |
HAP | VanEck Natural Resources ETF | 13.7% | -20 bp | +0.0% |
AQWA | Global X Clean Water ETF | 13.5% | -20 bp | -5.8% |
Risk and Returns: FTRI 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
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
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
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
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 7/25/2024
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
FTRI
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 Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
FTRI
10.0%
Cat. Avg
4.0%
Fund Category: Global
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 10.0% |
Recommendation
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
Category Overview
There are 352 funds in the Global category, with an average ALTAR Score™
of 4.0% and a standard deviation of
4.8%. FTRI's ALTAR Score™ is approximately
1.2 standard deviations
above
the category average. This places FTRI in the 89th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
FTRI
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
Peer Group | Rules-Based Global Equity ETFs |
# of ETFs | 191 |
Avg. Expense Ratio | 55.4 bp |
Std. Deviation | 17.5 bp |
FTRI (70 bp) Percentile rank | 80 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
FTRI | 70.0 | 15.0 | 85 |
Peer Avg. | 56.7 | 40.3 | 97.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .