First Trust BICK Index Fund
ALTAR
Score™
3.2% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
32.3x P/Sales
ratio
1.9x
P/BV
ratio
2.2x Div.
yield
1.0%


  • 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 12, 2010
Assets (mns) $91
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) $54,317
Large cap (>$10bn) 71.4%
Mid cap ($2-10bn) 18.6%
Small cap (<$2bn) 2.4%
Developed mkts 11.2%
Emerging mkts 88.8%

TOP TEN HOLDINGS
TATA MOTORS LTD-SPON ADR 2.7 %
STERLITE INDUSTRIES INDI-ADR 2.3 %
WIPRO LTD-ADR 2.1 %
MAKEMYTRIP LTD 2.1 %
STATE BANK OF INDIA-SPON GDR 2.0 %
INFOSYS TECHNOLOGIES-SP ADR 1.9 %
ICICI BANK LTD-SPON ADR 1.9 %
AXIS BANK LTD- GDR REG S 1.8 %
BILIBILI, INC. SPONSORED ADR CLASS 1.8 %
RELIANCE INDS-SPONS GDR 144A 1.8 %
Total 20.3 %

TOP COUNTRY EXPOSURE
CHINA 26.1 %
SOUTH KOREA 25.6 %
INDIA 23.6 %
BRAZIL 22.8 %
UNITED STATES 1.6 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
28.9% 28.9% 16.1% 2.9% 3.8%

Market Correlations
versus... Beta R-squared
S&P500 1.07 68%
MSCI EAFE 1.18 83%
MSCI Emg. Mkts. 1.08 87%

Technical Indicators
Recent close $40.26
30d moving avg. $37.92
Annualized volatility 24.4%
Short interest (ETF) 0.3%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.4%
Bid/Ask (% of price) 0.53%
ADV underlying (mns) $41,523

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 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™: 3.2%


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
(%)
DFAE Dimensional Emerging Core Equity Market ETF 59.9 35 29 7.0 +3.7
FNI First Trust Chindia ETF 31.7 60 4 2.3 -0.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 25.4 49 15 7.6 +4.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 24.0 32 32 5.0 +1.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 23.9 30 34 6.4 +3.2
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 23.0 30 34 4.1 +0.9
JHEM John Hancock Multifactor Emerging Markets ETF 23.0 49 15 7.4 +4.2
XCEM Columbia EM Core ex-China ETF 23.0 16 48 5.9 +2.7
EEMO Invesco S&P Emerging Markets Momentum ETF 22.9 29 35 3.3 +0.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 22.4 65 -1 6.0 +2.8
EEMA iShares MSCI Emerging Markets Asia ETF 22.1 50 14 6.3 +3.1
EWY iShares MSCI South Korea ETF 21.8 59 5 6.2 +3.0
AVEM Avantis Emerging Markets Equity ETF 21.4 33 31 7.3 +4.0
FLKR Franklin FTSE South Korea ETF 21.1 9 55 6.7 +3.5
EEM iShares MSCI Emerging Markets ETF 20.9 70 -6 6.0 +2.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 20.9 68 -4 5.7 +2.4
CHIL Global X MSCI China Large-Cap 50 ETF 20.7 29 35 6.2 +2.9
BKF iShares MSCI BRIC ETF 20.5 70 -6 6.2 +2.9
MCHI iShares MSCI China ETF 20.4 59 5 6.4 +3.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 20.4 36 28 6.8 +3.5
ESGE iShares ESG Aware MSCI EM ETF 20.2 25 39 7.0 +3.8
BKEM BNY Mellon Emerging Markets Equity ETF 20.1 11 53 6.7 +3.4
GXC SPDR S&P China ETF 19.8 59 5 6.5 +3.3
FLCH Franklin FTSE China ETF 19.7 19 45 7.0 +3.7
FLAX Franklin FTSE Asia Ex Japan ETF 19.6 19 45 6.2 +3.0
SPEM SPDR Portfolio Emerging Markets ETF 19.6 11 53 6.5 +3.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 19.5 45 19 6.3 +3.1
GMF SPDR S&P Emerging Asia Pacific ETF 19.4 49 15 5.9 +2.7
IEMG iShares Core MSCI Emerging Markets ETF 19.3 11 53 6.6 +3.4
EWEB Global X Emerging Markets Internet & E-commerce ETF 18.8 65 -1 2.5 -0.8
KALL KraneShares MSCI All China Index ETF 18.6 49 15 6.9 +3.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 18.5 32 32 5.3 +2.1
PBEE Invesco PureBeta FTSE Emerging Markets ETF 18.4 15 49 7.3 +4.1
AIA iShares Asia 50 ETF 17.9 50 14 6.0 +2.7
EMXF iShares ESG Advanced MSCI EM ETF 17.7 16 48 7.1 +3.9
ROAM Hartford Multifactor Emerging Markets ETF 17.7 44 20 11.5 +8.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 17.6 86 -22 2.1 -1.1
CN Xtrackers MSCI All China Equity ETF 17.3 50 14 6.9 +3.6
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 17.0 60 4 2.3 -0.9
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 16.4 45 19 12.1 +8.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 16.3 80 -16 7.5 +4.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 16.0 30 34 7.5 +4.3
ISEM Invesco RAFI Strategic Emerging Markets ETF 16.0 35 29 8.9 +5.7
RESE WisdomTree Emerging Markets ESG Fund 15.7 32 32 6.7 +3.4
SCHE Schwab Emerging Markets Equity ETF 15.6 11 53 6.7 +3.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 15.2 25 39 6.4 +3.1
EWZ iShares MSCI Brazil Capped ETF 14.8 59 5 4.4 +1.2
VWO Vanguard FTSE Emerging Markets ETF 14.7 10 54 6.9 +3.7
LDEM iShares ESG MSCI EM Leaders ETF 14.6 16 48 6.4 +3.1
FLBR Franklin FTSE Brazil ETF 14.6 19 45 5.2 +2.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 14.5 25 39 6.6 +3.4
NUEM Nuveen ESG Emerging Markets Equity ETF 14.2 45 19 5.4 +2.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 13.4 20 44 5.5 +2.2
KWEB KraneShares CSI China Internet ETF 13.4 76 -12 2.1 -1.1
FBZ First Trust Brazil AlphaDEX Fund 13.3 80 -16 7.4 +4.2
FLLA Franklin FTSE Latin America ETF 13.2 19 45 6.2 +3.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 12.9 95 -31 7.1 +3.9
FDNI First Trust Dow Jones International Internet ETF 12.7 65 -1 1.9 -1.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 12.6 59 5 10.6 +7.3
EMXC iShares MSCI Emerging Markets ex China ETF 12.3 25 39 6.6 +3.4
FDEM Fidelity Emerging Markets Multifactor ETF 12.2 45 19 7.7 +4.5
PIE Invesco DWA Emerging Markets Momentum ETF 12.2 90 -26 1.8 -1.4
ECON Columbia Emerging Markets Consumer ETF 12.2 59 5 4.7 +1.5
PGJ Invesco Golden Dragon China ETF 11.9 70 -6 3.7 +0.5
CHIQ Global X MSCI China Consumer ETF 11.9 65 -1 4.6 +1.4
ILF iShares Latin America 40 ETF 11.8 48 16 5.5 +2.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 11.6 65 -1 8.3 +5.1
PXH Invesco FTSE RAFI Emerging Markets ETF 11.5 50 14 11.6 +8.4
FLN First Trust Latin America AlphaDEX Fund 11.1 80 -16 10.2 +7.0
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 11.1 40 24 6.1 +2.9
VSGX Vanguard ESG International Stock ETF 10.6 17 47 6.3 +3.1
EMMF WisdomTree Emerging Markets Multifactor Fund 10.5 48 16 8.1 +4.8
EMGF iShares MSCI Emerging Markets Multifactor ETF 10.4 45 19 8.6 +5.4
GENY Principal Millennials Index ETF 10.1 45 19 3.4 +0.1
FXI iShares China Large-Cap ETF 9.9 74 -10 10.5 +7.3
FEM First Trust Emerging Markets AlphaDEX Fund 9.5 80 -16 10.5 +7.2
CWI SPDR MSCI ACWI ex-US ETF 9.4 30 34 6.2 +2.9
AADR AdvisorShares Dorsey Wright ADR ETF 9.3 110 -46 3.6 +0.3
BLOK Amplify Transformational Data Sharing ETF 9.2 70 -6 4.0 +0.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 9.1 32 32 7.4 +4.2
DWCR Arrow DWA Country Rotation ETF 9.1 116 -52 3.6 +0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 9.1 40 24 6.1 +2.8
ACWX iShares MSCI ACWI ex U.S. ETF 9.0 32 32 6.3 +3.1
EKAR Innovation Shares NextGen Vehicles & Technology ETF 8.7 95 -31 4.9 +1.7
BLCN Reality Shares Nasdaq NextGen Economy ETF 8.7 68 -4 5.0 +1.7
VEU Vanguard FTSE All-World ex-US Index Fund 8.7 8 56 6.7 +3.4
FRDM Freedom 100 Emerging Markets ETF 8.6 49 15 5.3 +2.0
XBUY Amplify International Online Retail ETF 8.6 69 -5 0.5 -2.7
OGIG O'Shares Global Internet Giants ETF 8.5 48 16 0.6 -2.7
GIGE SoFi Gig Economy ETF 8.4 59 5 -0.2 -3.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 8.4 39 25 11.6 +8.4
KESG KraneShares MSCI China ESG Leaders Index ETF 8.4 59 5 8.1 +4.9
IXUS ishares Core MSCI Total International Stock ETF 8.3 9 55 6.4 +3.2
BTEK BlackRock Future Tech ETF 8.1 88 -24 -0.2 -3.4
FPXI First Trust International Equity Opportunities ETF 8.1 70 -6 3.7 +0.4
JIG JPMorgan International Growth ETF 8.0 55 9 2.4 -0.8

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 8.0 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 64 bp
Equals: ALTAR Score 3.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.40 CATEGORY
AVERAGE
1.39
 
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.