RNMC
First Trust Mid Cap US Equity Select ETF
The Mid Cap US Equity Select ETF tracks a dividend-selected, tier-weighted index of Mid-Cap U.S. Equities.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
23.8 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 20, 2017 |
| Assets (mns) | $24 |
| Expense ratio | 60 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Dividends |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| CRANE HOLDINGS, CO. | 2.5 % |
| INTERDIGITAL INC | 1.3 % |
| TEMPUR-PEDIC INTERNATIONAL | 1.2 % |
| EXPEDITORS INTL WASH INC | 1.2 % |
| GENPACT LTD | 1.2 % |
| MCCORMICK & CO-NON VTG SHRS | 1.2 % |
| LANCASTER COLONY CORP | 1.2 % |
| ERIE INDEMNITY COMPANY-CL A | 1.2 % |
| CBOE HOLDINGS INC | 1.1 % |
| CHEMED CORP | 1.1 % |
Constituent Breakdown
| Number of holdings | 101 |
| Herfindahl-Hirschman Index | 108 |
| Wgt avg mkt cap (mns) | $12,347 |
| Large cap (>$10bn) | 56.4% |
| Mid cap ($2-10bn) | 38.4% |
| Small cap (<$2bn) | 5.3% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 94.4 % |
 |
BERMUDA | 3.2 % |
 |
IRELAND | 1.0 % |
 |
BRITAIN | 1.0 % |
Historical Performance
Standardized Performance (as of 04/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -10.4% | 2.1% | 7.7% | 4.8% | 12.0% | -- | -- | 6.3% |
| Dividend Yield | 0.0% | 0.0% | 0.8% | 1.2% | 1.4% | -- | -- | 1.4% |
| Total Returns | -10.4% | 2.1% | 8.5% | 6.0% | 13.4% | -- | -- | 7.7% | Ann. Volatility | -- | 37.2% | 19.8% | 21.5% | 22.1% | -- | -- | 23.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.11 | 84% |
| MSCI EAFE | 1.06 | 78% |
| MSCI Emg Mkts | 0.72 | 39% |
Liquidity Measures
| Avg. volume (000) | 16 |
| Turnover | 2.3% |
| Avg. Bid/Ask (% of price) | 0.49% |
| ADV of underlying (mns) | $4,398 |
Technical Indicators
| Recent close | $34.07 |
| 30d moving avg. | $32.67 |
| Annualized volatility | 22.6% |
| Relative strength (RSI) | 48 |
| 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)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. RNMC |
Expenses vs. RNMC |
ALTAR Score™ vs. RNMC |
|---|---|---|---|---|
| FSCS | First Trust SMID Capital Strength ETF | 58.4% | 0 bp | -0.1% |
| SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | 29.0% | 0 bp | +2.1% |
| RNSC | Furst Trust Small Cap US Equity Select ETF | 26.4% | 0 bp | -0.2% |
| OUSM | ALPS O'Shares US Small-Cap Quality Dividend ETF | 24.3% | -12 bp | +1.9% |
| FLQM | Franklin U.S. Mid Cap Multifactor Index ETF | 20.2% | -30 bp | +1.9% |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | 19.9% | -43 bp | -0.3% |
| IVOG | Vanguard S&P Mid-Cap 400 Growth ETF | 19.8% | -45 bp | -0.3% |
| HSMV | First Trust Horizon Managed Volatility Small/Mid ETF | 19.2% | +20 bp | +1.5% |
| MDYG | SPDR S&P 400 Mid Cap Growth ETF | 19.2% | -45 bp | -0.3% |
| XMLV | Invesco S&P MidCap Low Volatility ETF | 18.1% | -35 bp | +1.2% |
Risk and Returns: RNMC 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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| 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
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 4/29/2025
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
RNMC
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
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
RNMC
6.9%
Cat. Avg
6.5%
ALTAR Score™ Calculation
Category Overview
There are 953 funds in the US Equity category, with an average ALTAR Score™
of 6.5% and a standard deviation of
2.7%. RNMC's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places RNMC in the 55th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
RNMCSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| RNMC (60 bp) Percentile rank | 67 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| RNMC | 60.0 | 48.5 | 108.5 |
| Peer Avg. | 32.3 | 15.1 | 47.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .