First Trust Lunt U.S. Factor Rotation ETF
ALTAR
Score™
4.3% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
20.8x P/Sales
ratio
1.2x
P/BV
ratio
1.9x Div.
yield
2.0%


  • 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) $179
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 151
Wgt avg mkt cap (mns) $61,540
Large cap (>$10bn) 95.1%
Mid cap ($2-10bn) 3.8%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
FREEPORT-MCMORAN COPPER 2.9 %
OCCIDENTAL PETROLEUM CORP 2.9 %
TESLA MOTORS INC 2.6 %
GENERAL ELECTRIC CO 2.3 %
VALERO ENERGY CORP 1.8 %
GENERAL MOTORS CO 1.7 %
PHILLIPS 66 1.6 %
SCHLUMBERGER LTD 1.6 %
APACHE CORP 1.6 %
WESTERN DIGITAL CORP 1.5 %
Total 20.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.5 %
BRITAIN 0.7 %
SWITZERLAND 0.7 %
IRELAND 0.6 %
BERMUDA 0.3 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
11.5% 61.2% -- -- 22.1%

Market Correlations
versus... Beta R-squared
S&P500 1.09 85%
MSCI EAFE 1.09 83%
MSCI Emg. Mkts. 0.87 65%

Technical Indicators
Recent close $32.89
30d moving avg. $31.73
Annualized volatility 24.1%
Short interest (ETF) 0.0%
Short interest (Underlying) 3.3%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 47
Turnover 0.9%
Bid/Ask (% of price) 0.24%
ADV underlying (mns) $96,972

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 95 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™: 4.3%


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
(%)
RPV Invesco S&P 500 Pure Value ETF 40.0 35 30 9.2 +4.9
SPHB Invesco S&P 500 High Beta ETF 36.4 25 40 5.0 +0.7
ALTL Pacer Lunt Large Cap Alternator ETF 36.2 60 5 4.7 +0.4
FTA First Trust Large Cap Value AlphaDEX Fund 36.0 60 5 7.3 +3.0
JKI iShares Morningstar Mid-Cap Value ETF 36.0 30 35 7.0 +2.6
FEX First Trust Large Cap Core AlphaDEX Fund 35.4 60 5 5.0 +0.7
SPVU Invesco S&P 500 Enhanced Value ETF 31.9 13 52 9.1 +4.7
VOE Vanguard Mid-Cap Value Index Fund 30.2 7 58 6.4 +2.1
RWL Invesco S&P 500 Revenue ETF 28.9 39 26 6.1 +1.8
VOOV Vanguard S&P 500 Value ETF 28.6 10 55 6.3 +2.0
VLU SPDR S&P 1500 Value Tilt ETF 28.4 12 53 6.0 +1.7
SPYD SPDR S&P 500 High Dividend ETF 28.1 7 58 8.3 +4.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 27.3 4 61 4.8 +0.5
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 26.7 35 30 7.6 +3.3
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 26.7 35 30 7.6 +3.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 26.6 9 56 5.2 +0.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 26.2 25 40 5.7 +1.4
MAGA Point Bridge GOP Stock Tracker ETF 25.8 72 -7 5.4 +1.1
VFVA Vanguard U.S. Value Factor ETF 25.6 14 51 8.3 +4.0
VO Vanguard Mid-Cap Index Fund 25.6 4 61 4.5 +0.2
EUSA iShares MSCI USA Equal Weighted ETF 25.3 15 50 5.1 +0.8
EQRR ProShares Equities for Rising Rates ETF 25.2 35 30 5.7 +1.4
SIZE iShares MSCI USA Size Factor ETF 25.2 15 50 5.1 +0.8
VLUE iShares MSCI USA Value Factor ETF 25.2 15 50 9.4 +5.1
VTV Vanguard Value Index Fund 25.0 4 61 6.6 +2.3
PRF Invesco FTSE RAFI US 1000 ETF 24.8 39 26 5.8 +1.4
SPYV SPDR Portfolio S&P 500 Value ETF 24.6 4 61 6.3 +2.0
IVE iShares S&P 500 Value ETF 24.6 18 47 6.2 +1.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 24.5 25 40 5.6 +1.3
ONEY SPDR Russell 1000 Yield Focus ETF 24.1 20 45 6.4 +2.1
RSP Invesco S&P 500 Equal Weight ETF 24.1 20 45 5.4 +1.1
VONV Vanguard Russell 1000 Value Index Fund 23.9 8 57 6.1 +1.8
ESGS Columbia Sustainable U.S. Equity Income ETF 23.6 35 30 7.6 +3.3
TUSA First Trust Total US Market AlphaDEX ETF 23.5 70 -5 5.0 +0.7
IUSV iShares Core S&P U.S. Value ETF 23.4 4 61 6.4 +2.0
EQWL Invesco Russell Top 200 Equal Weight ETF 23.2 25 40 5.9 +1.5
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 23.1 20 45 6.8 +2.5
IUS Invesco Strategic US ETF 23.0 19 46 5.3 +1.0
FAB First Trust Multi Cap Value AlphaDEX Fund 22.4 71 -6 7.5 +3.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 22.4 30 35 5.5 +1.2
RNLC Large Cap US Equity Select ETF 22.3 60 5 5.3 +1.0
IWD iShares Russell 1000 Value ETF 22.0 19 46 6.0 +1.7
FUNL CornerCap Fundametrics Large-Cap ETF 21.4 50 15 7.4 +3.1
SCHV Schwab U.S. Large-Cap Value ETF 21.3 4 61 6.2 +1.8
RAFE PIMCO RAFI ESG U.S. ETF 21.1 30 35 6.8 +2.4
RYF Invesco S&P 500 Equal Weight Financials ETF 20.7 40 25 7.6 +3.3
VYM Vanguard High Dividend Yield Index ETF 20.6 6 59 6.9 +2.6
RNDV US Equity Dividend Select ETF 20.6 50 15 7.3 +3.0
IWS iShares Russell Mid-Cap Value ETF 20.6 24 41 5.7 +1.3
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 20.4 17 48 6.2 +1.8
DIVB iShares U.S. Dividend & Buyback ETF 20.3 25 40 6.0 +1.7
IWR iShares Russell Midcap ETF 20.1 19 46 4.6 +0.3
SLT Pacer Salt High TruBeta US Market ETF 19.9 60 5 4.4 +0.1
IGE iShares North American Natural Resources ETF 19.9 46 19 3.9 -0.4
MGV Vanguard Mega Cap Value ETF 19.8 7 58 6.6 +2.3
ACVF American Conservative Values ETF 19.7 75 -10 4.4 +0.0
JHMF John Hancock Multifactor Financials ETF 19.7 40 25 6.6 +2.3
ESGV Vanguard ESG U.S. Stock ETF 19.6 12 53 4.7 +0.4
IWX iShares Russell Top 200 Value ETF 19.5 20 45 6.2 +1.9
JVAL JPMorgan U.S. Value Factor ETF 19.4 12 53 7.1 +2.8
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 19.3 15 50 6.1 +1.8
SPXT ProShares S&P 500 Ex-Technology ETF 19.1 27 38 5.1 +0.8
RYE Invesco S&P 500 Equal Weight Energy ETF 19.1 40 25 3.0 -1.3
JHML John Hancock Multifactor Large Cap ETF 19.0 29 36 5.0 +0.7
DVY iShares Select Dividend ETF 19.0 39 26 7.7 +3.4
IEFN iShares Evolved U.S. Financials ETF 18.6 18 47 7.7 +3.3
SFY SoFi Select 500 ETF 18.5 0 65 4.8 +0.5
RVRS Reverse Cap Weighted U.S. Large Cap ETF 18.5 29 36 5.6 +1.3
JHME John Hancock Multifactor Energy ETF 18.5 40 25 3.3 -1.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 18.2 7 58 4.7 +0.4
XLE Energy Select Sector SPDR Fund 18.0 12 53 3.8 -0.6
VV Vanguard Large-Cap Index Fund 18.0 4 61 4.8 +0.5
VDE Vanguard Energy Index Fund 18.0 10 55 3.4 -0.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 17.8 2 63 4.8 +0.5
SCHX Schwab U.S. Large-Cap ETF 17.8 3 62 4.8 +0.5
SYLD Cambria Shareholder Yield ETF 17.7 59 6 7.1 +2.8
PBUS Invesco PureBeta MSCI USA ETF 17.7 4 61 4.8 +0.5
IYE iShares U.S. Energy ETF 17.6 42 23 3.5 -0.9
FENY Fidelity MSCI Energy Index ETF 17.6 8 57 3.6 -0.8
MXDU Nationwide Maximum Diversification US Core Equity ETF 17.4 34 31 4.2 -0.1
ESG FlexShares STOXX US ESG Impact Index Fund 17.4 32 33 4.8 +0.5
ESGU iShares MSCI USA ESG Optimized ETF 17.2 15 50 4.7 +0.4
EQAL Invesco Russell 1000 Equal Weight ETF 17.2 20 45 5.1 +0.8
SPXV ProShares S&P 500 Ex-Health Care ETF 17.2 27 38 4.5 +0.2
SCHK Schwab 1000 Index ETF 17.2 5 60 4.7 +0.4
IYY iShares Dow Jones U.S. ETF 17.1 20 45 4.6 +0.3
IWB iShares Russell 1000 ETF 17.1 15 50 4.7 +0.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 17.0 9 56 5.1 +0.8
FVAL Fidelity Value Factor ETF 17.0 29 36 6.8 +2.5
IYF iShares U.S. Financials ETF 17.0 42 23 6.1 +1.8
FXN First Trust Energy AlphaDEX Fund 16.9 65 0 2.7 -1.6
CFA VictoryShares US 500 Volatility Weighted Index ETF 16.8 35 30 5.3 +0.9
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 16.8 35 30 5.2 +0.9
PY Principal Shareholder Yield Index ETF 16.8 15 50 7.4 +3.1
XLF Financial Select Sector SPDR Fund 16.8 12 53 7.0 +2.7

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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:

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™


Calculation of ALTAR Score™
Avg. Return on Equity 9.1 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 4.3 %
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.