RFEU
First Trust Riverfront Dynamic Europe ETF
The First Trust RiverFront Dynamic Europe ETF is an actively-managed fund that seeks capital appreciation from developed European stocks selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.
International
EQUITY
Active
MANAGEMENT STYLE
6.2 M
ASSETS UNDER MGMT
83 bp
EXPENSES
Fund Basics
Fund sponsor | First Trust |
Category | International |
Asset class | Equity |
Website | link... |
Inception date | Apr 14, 2016 |
Assets (mns) | $6 |
Expense ratio | 83 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 +
ASML HOLDING NV | 3.8 % |
NESTLE SA-REG | 3.0 % |
NOVARTIS AG | 3.0 % |
ROCHE HOLDING LTD | 2.6 % |
NOKIA OYJ | 2.4 % |
UNILEVER PLC | 2.4 % |
LVMH MOET HENNESSY LOUIS VUI | 2.2 % |
ALLIANZ SE-REG | 2.2 % |
TENARIS SA | 2.1 % |
TOTAL SA | 2.1 % |
Constituent Breakdown
Number of holdings | 93 |
Herfindahl-Hirschman Index | 159 |
Wgt avg mkt cap (mns) | $83,341 |
Large cap (>$10bn) | 75.7% |
Mid cap ($2-10bn) | 21.1% |
Small cap (<$2bn) | 2.5% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
BRITAIN | 30.4 % | |
FRANCE | 12.5 % | |
SWITZERLAND | 11.9 % | |
GERMANY | 7.4 % | |
ITALY | 6.0 % | |
NETHERLANDS | 5.1 % | |
SPAIN | 4.3 % | |
FINLAND | 3.4 % | |
LUXEMBOURG | 2.6 % | |
DENMARK | 2.5 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | -2.1% | 2.7% | 6.0% | -3.3% | 3.3% | -- | 5.2% | Volatility | 14.1% | 14.0% | 14.7% | 18.8% | 21.2% | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.90 | 75% |
MSCI EAFE | 1.01 | 92% |
MSCI Emg Mkts | 0.71 | 45% |
Liquidity Measures
Avg. volume (000) | 0 |
Turnover | 0.0% |
Avg. Bid/Ask (% of price) | 0.56% |
ADV of underlying (mns) | $5,570 |
Technical Indicators
Recent close | $62.12 |
30d moving avg. | $65.87 |
Annualized volatility | 18.3% |
Relative strength (RSI) | 41 |
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. RFEU |
Expenses vs. RFEU |
ALTAR Score™ vs. RFEU |
---|---|---|---|---|
RFDI | First Trust Riverfront Dynamic Developed International ETF | 33.9% | 0 bp | -1.2% |
OEUR | ALPS O'Shares Europe Quality Dividend ETF | 31.6% | -35 bp | -5.5% |
IEV | iShares Europe ETF | 31.5% | -16 bp | -4.5% |
GSEU | Goldman Sachs ActiveBeta Europe Equity ETF | 30.9% | -58 bp | -4.0% |
IDHQ | Invesco S&P International Developed High Quality ETF | 30.9% | -54 bp | -4.7% |
BBEU | JPMorgan BetaBuilders Europe ETF | 30.3% | -74 bp | -4.0% |
DBEU | Xtrackers MSCI Europe Hedged Equity ETF | 29.3% | -37 bp | -4.5% |
FLEE | Franklin FTSE Europe ETF | 28.7% | -74 bp | -4.0% |
IEUR | iShares Core MSCI Europe ETF | 28.5% | -72 bp | -4.1% |
VGK | Vanguard FTSE Europe ETF | 27.9% | -72 bp | -4.1% |
Risk and Returns: RFEU 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
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 12/2/2024
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
RFEU
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 Rating
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.
ALTAR Score™
RFEU
10.9%
Cat. Avg
7.2%
ALTAR Score™ Calculation
Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™
of 7.2% and a standard deviation of
2.5%. RFEU's ALTAR Score™ is approximately
1.5 standard deviations
above
the category average. This places RFEU in the 93rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
RFEUSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Active International Equity ETFs |
# of ETFs | 38 |
Avg. Expense Ratio | 56.2 bp |
Std. Deviation | 24 bp |
RFEU (83 bp) Percentile rank | 87 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
RFEU | 83.0 | 55.7 | 138.7 |
Peer Avg. | 62.5 | 29.6 | 92.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .