First Trust BICK Index Fund
ALTAR
Score™
4.4% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
26.4x P/Sales
ratio
1.3x
P/BV
ratio
1.6x Div.
yield
1.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust BICK Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the price and yield of the ISE BICK Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Apr 13, 2010
Assets (mns) $74
Currency USD
Expense ratio 64 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Equal
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 88
Wgt avg mkt cap (mns) $44,034
Large cap (>$10bn) 72.1%
Mid cap ($2-10bn) 20.6%
Small cap (<$2bn) 4.7%
Developed mkts 14.0%
Emerging mkts 86.0%

TOP TEN HOLDINGS
EROS INTERNATIONAL PLC 2.9 %
DOCTOR REDDY'S LAB-ADR 2.8 %
RELIANCE INDS-SPONS GDR 144A 2.2 %
PINDUODUO, INC. SPONSORED ADR CLAS 2.0 %
WIPRO LTD-ADR 2.0 %
INFOSYS TECHNOLOGIES-SP ADR 1.9 %
DAUM COMMUNICATIONS CORP 1.6 %
MEITUAN DIANPING 1.6 %
HDFC BANK LTD-ADR 1.6 %
STERLITE INDUSTRIES INDI-ADR 1.6 %
Total 20.2 %

TOP COUNTRY EXPOSURE
SOUTH KOREA 29.1 %
CHINA 25.9 %
INDIA 19.7 %
BRAZIL 18.2 %
UNITED STATES 2.9 %
HONG KONG 1.8 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-18.0% -6.0% 1.1% 0.3% -0.6%

Market Correlations
versus... Beta R-squared
S&P500 0.96 66%
MSCI EAFE 1.16 82%
MSCI Emg. Mkts. 0.98 89%

Technical Indicators
Recent close $25.85
30d moving avg. $22.86
Annualized volatility 20.1%
Short interest (ETF) 0.1%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.3%
Bid/Ask (% of price) 1.32%
ADV underlying (mns) $14,352

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the First Trust BICK Index Fund ETF based on the alternatives' overlap in portfolio holdings with BICK. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BICK Expense: 64 bp ALTAR Score™: 4.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BICK
Ticker Fund
Name
Overlap1
vs BICK
(%)
Expense
ratio
(bp)
Savings
vs BICK
(bp)
ALTAR
Score™
(%)
ALTAR
vs BICK
(%)
FLKR Franklin FTSE South Korea ETF 27.1 9 55 9.7 +5.3
FNI First Trust Chindia ETF 26.9 59 5 3.4 -1.0
EWY iShares MSCI South Korea ETF 26.7 59 5 9.1 +4.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 25.1 49 15 9.0 +4.6
CHIL Global X MSCI China Large-Cap 50 ETF 24.3 29 35 9.5 +5.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 22.5 32 32 6.8 +2.4
EEMA iShares MSCI Emerging Markets Asia ETF 22.0 50 14 8.4 +4.0
FKO First Trust South Korea AlphadDEX Fund 21.7 80 -16 8.9 +4.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 21.5 30 34 8.8 +4.4
JHEM John Hancock Multifactor Emerging Markets ETF 20.8 55 9 8.8 +4.4
XCEM Columbia EM Core ex-China ETF 20.7 16 48 7.8 +3.4
MCHI iShares MSCI China ETF 20.7 59 5 9.1 +4.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 20.6 65 -1 8.4 +4.0
FLCH Franklin FTSE China ETF 20.5 19 45 9.2 +4.9
GXC SPDR S&P China ETF 20.4 59 5 8.9 +4.6
BKF iShares MSCI BRIC ETF 19.9 69 -5 8.5 +4.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 19.9 32 32 7.0 +2.6
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 19.5 18 46 6.1 +1.7
AIA iShares Asia 50 ETF 19.2 50 14 8.9 +4.6
FLAX Franklin FTSE Asia Ex Japan ETF 19.1 19 45 8.5 +4.1
SPEM SPDR Portfolio Emerging Markets ETF 18.9 11 53 8.6 +4.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 18.9 68 -4 8.0 +3.6
EEM iShares MSCI Emerging Markets ETF 18.9 68 -4 8.3 +3.9
GMF SPDR S&P Emerging Asia Pacific ETF 18.6 49 15 8.0 +3.6
PBEE Invesco PureBeta FTSE Emerging Markets ETF 18.4 14 50 9.5 +5.1
ESGE iShares ESG MSCI EM ETF 18.1 25 39 9.7 +5.3
KALL KraneShares FTSE Emerging Markets Plus ETF 18.1 49 15 9.2 +4.8
AVEM Avantis Emerging Markets Equity ETF 18.1 33 31 9.5 +5.1
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 18.0 45 19 8.7 +4.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 17.5 86 -22 2.3 -2.1
IEMG iShares Core MSCI Emerging Markets ETF 17.5 14 50 8.7 +4.3
WCHN WisdomTree ICBCCS S&P China 500 Fund 17.3 55 9 9.2 +4.8
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 17.3 80 -16 8.1 +3.7
EEMO Invesco S&P Emerging Markets Momentum ETF 17.0 30 34 7.1 +2.8
FDEM Fidelity Targeted Emerging Markets Factor ETF 16.8 45 19 9.7 +5.3
CN Xtrackers MSCI All China Equity ETF 16.6 50 14 9.4 +5.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 16.4 30 34 9.4 +5.0
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 15.9 80 -16 1.7 -2.7
ROAM Hartford Multifactor Emerging Markets ETF 15.8 44 20 14.8 +10.5
SCHE Schwab Emerging Markets Equity ETF 15.3 13 51 8.7 +4.3
FDNI First Trust Dow Jones International Internet ETF 15.3 65 -1 2.8 -1.6
DVEM WisdomTree Emerging Markets Dividend Fund 15.0 32 32 9.1 +4.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 15.0 59 5 11.1 +6.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 14.8 49 15 8.3 +3.9
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 14.6 95 -31 10.1 +5.7
EMCG WisdomTree Emerging Markets Consumer Growth Fund 14.3 32 32 7.9 +3.5
VWO Vanguard FTSE Emerging Markets ETF 14.3 10 54 8.8 +4.4
GBUY Goldman Sachs Motif New Age Consumer ETF 13.3 50 14 2.1 -2.3
KWEB KraneShares CSI China Internet ETF 12.6 76 -12 3.4 -1.0
NUEM Nuveen ESG Emerging Markets Equity ETF 12.6 45 19 7.8 +3.4
FRDM Freedom 100 Emerging Markets ETF 12.3 49 15 7.2 +2.8
PXH Invesco FTSE RAFI Emerging Markets ETF 12.2 50 14 13.7 +9.3
ECON Columbia Emerging Markets Consumer ETF 12.2 59 5 4.9 +0.5
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 12.0 45 19 13.5 +9.1
FLBR Franklin FTSE Brazil ETF 12.0 19 45 5.3 +0.9
AXJL WisdomTree Asia Pacific ex-Japan Fund 12.0 48 16 10.0 +5.6
ISEM Invesco Strategic Emerging Markets ETF 11.9 35 29 10.3 +6.0
FXI iShares China Large-Cap ETF 11.9 74 -10 13.5 +9.1
EWZ iShares MSCI Brazil Capped ETF 11.8 59 5 4.8 +0.4
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 11.7 20 44 7.6 +3.3
CHIQ Global X China Consumer ETF 11.7 65 -1 9.2 +4.8
EMXC iShares MSCI Emerging Markets ex China ETF 11.6 49 15 8.4 +4.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 11.5 32 32 9.5 +5.1
FLLA Franklin FTSE Latin America ETF 11.5 19 45 6.9 +2.5
DOGS Arrow Dogs of the World ETF 11.3 134 -70 11.5 +7.1
EMGF iShares Edge MSCI Multifactor Emerging Markets ETF 11.2 45 19 10.0 +5.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 11.1 39 25 13.1 +8.7
PGJ Invesco Golden Dragon China ETF 10.8 70 -6 3.4 -1.0
MXDE Nationwide Maximum Diversification Emerging Mkts Core Eq 10.7 64 0 5.3 +0.9
BLOK Amplify Transformational Data Sharing ETF 10.7 70 -6 5.0 +0.6
LEGR First Trust Index Digital Transaction & Process Technology E 9.8 65 -1 7.1 +2.7
EEMV iShares Edge MSCI Min Vol Emerging Markets ETF 9.7 25 39 8.4 +4.0
BLCN Reality Shares Nasdaq NextGen Economy ETF 9.2 68 -4 4.4 -0.0
GIGE SoFi Gig Economy ETF 9.1 59 5 -0.6 -5.0
GENY Principal Millennials Index ETF 9.1 45 19 4.0 -0.4
PIE Invesco DWA Emerging Markets Momentum ETF 9.0 90 -26 5.7 +1.3
XBUY Amplify International Online Retail ETF 9.0 69 -5 -1.1 -5.5
FPXI First Trust International Equity Opportunities ETF 9.0 70 -6 2.8 -1.6
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 8.9 40 24 7.9 +3.5
TTTN UP Fintech China-U.S. Internet Titans ETF 8.6 59 5 5.0 +0.6
FBZ First Trust Brazil AlphaDEX Fund 8.4 80 -16 5.6 +1.2
EMMF WisdomTree Emerging Markets Multifactor Fund 8.3 48 16 9.9 +5.5
CWI SPDR MSCI ACWI ex-US ETF 8.1 30 34 7.6 +3.2
OGIG O'Shares Global Internet Giants ETF 8.0 48 16 0.5 -3.9
BUYZ Franklin Disruptive Commerce ETF 7.9 50 14 -0.1 -4.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 7.7 40 24 7.4 +3.0
ACWX iShares MSCI ACWI ex U.S. ETF 7.7 32 32 7.5 +3.1
DINT Davis Select International ETF 7.6 75 -11 5.8 +1.4
VEU Vanguard FTSE All-World ex-US Index Fund 7.4 8 56 7.7 +3.4
MOTI VanEck Vectors Morningstar International Moat ETF 7.3 57 7 8.3 +3.9
FLN First Trust Latin America AlphaDEX Fund 7.2 80 -16 8.1 +3.7
KMED KraneShares Emerging Markets Healthcare Index ETF 7.2 79 -15 2.4 -2.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 7.1 29 35 9.9 +5.5
IXUS ishares Core MSCI Total International Stock ETF 7.0 9 55 7.6 +3.2
VSGX Vanguard ESG International Stock ETF 7.0 17 47 7.4 +3.0
ILF iShares Latin America 40 ETF 7.0 48 16 7.1 +2.8
GDAT Goldman Sachs Motif Data-Driven World Etf 7.0 50 14 5.2 +0.8
VXUS Vanguard Total International Stock Index Fund 7.0 8 56 7.7 +3.3
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 7.0 45 19 9.0 +4.6
IBUY Amplify Online Retail ETF 7.0 65 -1 -1.5 -5.9

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
First Trust BICK Index Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 7.7 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 64 bp
Equals: ALTAR Score 4.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.35 CATEGORY
AVERAGE
1.45
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.