First Trust Lunt U.S. Factor Rotation ETF
ALTAR
Score™
2.5% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
41.4x P/Sales
ratio
4.0x
P/BV
ratio
7.1x Div.
yield
1.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust Lunt US Factor Rotation ETF tracks an index of US large-cap stocks. Exposure rotates among four investment factors, selected by a risk-adjusted relative strength score. The fund aims to outperform the broad market over time.

FUND BASICS
Category US Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Jul 23, 2018
Assets (mns) $121
Currency USD
Expense ratio 65 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Equal
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 150
Wgt avg mkt cap (mns) $86,602
Large cap (>$10bn) 91.6%
Mid cap ($2-10bn) 5.4%
Small cap (<$2bn) 1.8%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TESLA MOTORS INC 3.0 %
DRAFTKINGS INC CLASS A 2.7 %
ZOOM VIDEO COMMUNICATIONS, INC. CL 2.6 %
CARVANA CO. CLASS A 2.2 %
NIKOLA CORPORATION 2.2 %
ZSCALER, INC. 1.9 %
MODERNA, INC. 1.7 %
TRADE DESK, INC. CLASS A 1.6 %
NVIDIA CORP 1.6 %
SYSCO CORP 1.6 %
Total 21.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.2 %
IRELAND 2.1 %
BRITAIN 0.4 %
SWITZERLAND 0.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
8.0% 12.1% -- -- 9.4%

Market Correlations
versus... Beta R-squared
S&P500 1.03 89%
MSCI EAFE 1.11 85%
MSCI Emg. Mkts. 0.83 70%

Technical Indicators
Recent close $27.74
30d moving avg. $26.26
Annualized volatility 22.5%
Short interest (ETF) 0.0%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 16
Turnover 0.4%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $113,554

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the First Trust Lunt U.S. Factor Rotation ETF ETF based on the alternatives' overlap in portfolio holdings with FCTR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FCTR Expense: 65 bp ALTAR Score™: 2.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FCTR
Ticker Fund
Name
Overlap1
vs FCTR
(%)
Expense
ratio
(bp)
Savings
vs FCTR
(bp)
ALTAR
Score™
(%)
ALTAR
vs FCTR
(%)
FTC First Trust Large Cap Growth AlphaDEX Fund 45.9 61 4 2.4 -0.2
JKH iShares Morningstar Mid-Cap Growth ETF 35.3 30 35 1.9 -0.6
JMOM JPMorgan U.S. Momentum Factor ETF 34.5 12 53 3.3 +0.7
FEX First Trust Large Cap Core AlphaDEX Fund 33.9 60 5 5.0 +2.5
IWP iShares Russell Mid-Cap Growth ETF 32.3 24 41 2.8 +0.3
PDP Invesco DWA Momentum ETF 32.3 62 3 2.0 -0.6
SLT Pacer Salt High TruBeta US Market ETF 30.5 60 5 3.1 +0.6
VOT Vanguard Mid-Cap Growth Index Fund 29.1 7 58 2.9 +0.4
PSET Principal Price Setters Index ETF 28.9 15 50 4.7 +2.2
VUG Vanguard Growth Index Fund 27.7 4 61 3.7 +1.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 27.6 9 56 5.5 +3.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 27.6 66 -1 2.0 -0.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 26.9 75 -10 4.0 +1.5
IWF iShares Russell 1000 Growth ETF 26.5 19 46 3.7 +1.1
RPG Invesco S&P 500 Pure Growth ETF 26.4 35 30 4.2 +1.7
FXL First Trust Technology AlphaDEX Fund 26.2 61 4 3.7 +1.2
VO Vanguard Mid-Cap Index Fund 26.1 4 61 4.8 +2.3
VONG Vanguard Russell 1000 Growth Index Fund 26.0 8 57 3.8 +1.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 25.9 9 56 5.3 +2.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 25.7 4 61 4.9 +2.3
NULG Nuveen ESG Large-Cap Growth ETF 24.9 35 30 3.6 +1.1
FDMO Fidelity Momentum Factor ETF 24.7 29 36 3.2 +0.7
SCHG Schwab U.S. Large-Cap Growth ETF 24.6 4 61 3.4 +0.9
RBUS Nationwide Risk-Based U.S. Equity ETF 24.5 30 35 4.7 +2.2
MXDU Nationwide Maximum Diversification US Core Equity ETF 24.5 34 31 4.5 +2.0
QGRO American Century STOXX U.S. Quality Growth ETF 24.0 29 36 3.2 +0.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 23.9 30 35 6.1 +3.6
BOSS Global X Founder-Run Companies ETF 23.8 45 20 3.0 +0.5
MGK Vanguard Mega Cap Growth ETF 23.8 7 58 3.9 +1.4
JQUA JPMorgan U.S. Quality Factor ETF 23.3 12 53 5.1 +2.6
USXF iShares ESG Advanced MSCI USA ETF 23.3 10 55 4.7 +2.1
SIZE iShares MSCI USA Size Factor ETF 23.3 15 50 5.5 +3.0
MTUM iShares MSCI USA Momentum Factor ETF 23.2 15 50 4.1 +1.6
XITK SPDR FactSet Innovative Technology ETF 22.9 45 20 0.5 -2.1
VFMO Vanguard U.S. Momentum Factor ETF 22.8 13 52 0.3 -2.2
ESGV Vanguard ESG U.S. Stock ETF 22.8 12 53 4.8 +2.2
EUSA iShares MSCI USA Equal Weighted ETF 22.8 15 50 5.6 +3.1
SFY SoFi Select 500 ETF 22.8 0 65 4.8 +2.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 22.7 75 -10 2.4 -0.2
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 22.7 49 16 4.7 +2.2
OGIG O'Shares Global Internet Giants ETF 22.7 48 17 0.7 -1.8
AIEQ AI Powered Equity ETF 22.6 87 -22 2.0 -0.6
FLQL Franklin LibertyQ U.S. Equity ETF 22.5 15 50 5.9 +3.4
VEGN US Vegan Climate ETF 22.4 60 5 4.7 +2.2
FPX First Trust US IPO Index Fund 22.0 58 7 1.4 -1.2
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 21.9 60 5 5.9 +3.4
DSI iShares MSCI KLD 400 Social ETF 21.9 25 40 4.8 +2.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 21.7 7 58 4.9 +2.3
SCHX Schwab U.S. Large-Cap ETF 21.6 3 62 4.8 +2.3
PBUS Invesco PureBeta MSCI USA ETF 21.5 4 61 4.9 +2.3
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 21.5 35 30 5.4 +2.8
CFA VictoryShares US 500 Volatility Weighted Index ETF 21.5 35 30 5.4 +2.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 21.5 59 6 4.1 +1.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 21.5 35 30 4.3 +1.8
VOOG Vanguard S&P 500 Growth ETF 21.4 10 55 4.2 +1.6
VV Vanguard Large-Cap Index Fund 21.4 4 61 4.9 +2.3
TMFC Motley Fool 100 Index ETF 21.3 50 15 3.3 +0.8
JHML John Hancock Multifactor Large Cap ETF 21.1 29 36 5.1 +2.6
SCHK Schwab 1000 Index ETF 21.0 5 60 4.9 +2.3
IYY iShares Dow Jones U.S. ETF 21.0 20 45 4.7 +2.2
GVIP Goldman Sachs Hedge Industry VIP ETF 21.0 45 20 3.5 +0.9
IVW iShares S&P 500 Growth ETF 20.9 18 47 4.1 +1.5
SPYG SPDR Portfolio S&P 500 Growth ETF 20.9 4 61 4.2 +1.7
IETC iShares Evolved U.S. Technology ETF 20.9 18 47 3.7 +1.1
IWB iShares Russell 1000 ETF 20.9 15 50 4.8 +2.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 20.8 2 63 4.9 +2.4
ECOZ TrueMark ESG Active Opportunities ETF 20.8 58 7 3.3 +0.8
IQSU IQ Candriam ESG US Equity ETF 20.8 9 56 4.8 +2.3
IWY iShares Russell Top 200 Growth ETF 20.8 20 45 3.8 +1.3
IWR iShares Russell Midcap ETF 20.7 19 46 5.0 +2.5
IUSG iShares Core S&P US Growth ETF 20.5 4 61 4.2 +1.7
ENTR Entrepreneur 30 Fund 20.4 49 16 1.0 -1.5
TUSA First Trust Total US Market AlphaDEX ETF 20.4 70 -5 5.4 +2.8
TECB iShares US Tech Breakthrough Multisector ETF 20.4 40 25 3.9 +1.4
ESGU iShares MSCI USA ESG Optimized ETF 20.3 15 50 4.7 +2.2
VTHR Vanguard Russell 3000 Index Fund 20.3 10 55 4.7 +2.2
RSP Invesco S&P 500 Equal Weight ETF 20.2 20 45 5.9 +3.4
SCHB Schwab U.S. Broad Market ETF 20.1 3 62 4.8 +2.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 20.0 3 62 4.7 +2.2
ETHO Etho Climate Leadership U.S. ETF 19.9 47 18 4.0 +1.5
IGM iShares Expanded Tech Sector ETF 19.9 46 19 3.6 +1.1
EXT WisdomTree U.S. Total Earnings Fund 19.9 28 37 5.2 +2.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 19.9 29 36 5.2 +2.7
IWV iShares Russell 3000 ETF 19.8 20 45 4.6 +2.1
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 19.6 99 -34 1.5 -1.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 19.6 10 55 5.0 +2.5
SUSL iShares ESG MSCI USA Leaders ETF 19.6 10 55 5.0 +2.5
QUS SPDR MSCI USA StrategicFactors ETF 19.6 15 50 5.5 +3.0
KRMA Global X Conscious Companies ETF 19.6 43 22 4.9 +2.3
VTI Vanguard Total Stock Market Index Fund 19.5 3 62 4.7 +2.2
FTEC Fidelity MSCI Information Technology Index ETF 19.4 8 57 4.3 +1.8
SPXV ProShares S&P 500 Ex-Health Care ETF 19.3 27 38 4.7 +2.1
VONE Vanguard Russell 1000 ETF 19.3 8 57 4.8 +2.3
VGT Vanguard Information Technology Index Fund 19.3 10 55 4.3 +1.7
SPXN ProShares S&P 500 Ex-Financials ETF 19.2 27 38 4.7 +2.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 19.2 20 45 4.6 +2.1
HSPX Global X S&P 500 Covered Call ETF 19.2 60 5 4.6 +2.1
PBP Invesco S&P 500 BuyWrite ETF 19.2 49 16 4.7 +2.2
RNLC Large Cap US Equity Select ETF 19.2 60 5 5.6 +3.0

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 Lunt U.S. Factor Rotation ETF
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 20.3 %
Divided by: Fwd. P/BV 6.4 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 2.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 CATEGORY
AVERAGE
1.50
 
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.