First Trust STOXX European Select Dividend
ALTAR
Score™
7.0% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
12.9x P/Sales
ratio
1.1x
P/BV
ratio
1.3x Div.
yield
5.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Dow Jones STOXX Select Dividend 30 Index Fund seeks to track the performance of the Dow Jones STOXX Select Dividend 30 Index.

FUND BASICS
Category International Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Aug 30, 2007
Assets (mns) $348
Currency USD
Expense ratio 57 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 31
Wgt avg mkt cap (mns) $39,471
Large cap (>$10bn) 77.0%
Mid cap ($2-10bn) 16.3%
Small cap (<$2bn) 3.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SSE PLC 7.0 %
INTESA SANPAOLO S.P.A. 4.9 %
SWISS PRIME SITE-REG 4.3 %
SOCIETE GENERALE 4.3 %
NATIONAL GRID PLC 4.2 %
BAE SYSTEMS PLC 4.1 %
EDP-ENERGIAS DE PORTUGAL SA 4.0 %
UBS GROUP AG 3.8 %
GLAXOSMITHKLINE PLC 3.7 %
AAREAL BANK AG 3.6 %
Total 44.0 %

TOP COUNTRY EXPOSURE
BRITAIN 25.6 %
SWITZERLAND 16.8 %
FRANCE 15.6 %
GERMANY 12.0 %
ITALY 10.5 %
PORTUGAL 4.0 %
BELGIUM 3.2 %
SWEDEN 3.0 %
NETHERLANDS 2.9 %
FINLAND 2.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.8% 15.4% 5.4% 5.1% -1.6%

Market Correlations
versus... Beta R-squared
S&P500 0.66 46%
MSCI EAFE 0.98 83%
MSCI Emg. Mkts. 0.66 65%

Technical Indicators
Recent close $14.32
30d moving avg. $14.07
Annualized volatility 11.9%
Short interest (ETF) 0.4%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 89
Turnover 0.4%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $2,579

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the First Trust STOXX European Select Dividend ETF based on the alternatives' overlap in portfolio holdings with FDD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FDD Expense: 57 bp ALTAR Score™: 7.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FDD
Ticker Fund
Name
Overlap1
vs FDD
(%)
Expense
ratio
(bp)
Savings
vs FDD
(bp)
ALTAR
Score™
(%)
ALTAR
vs FDD
(%)
EUFN iShares MSCI Europe Financial Sector 22.6 48 9 8.5 +1.5
HDEF Xtrackers MSCI EAFE High Div Yld Hedged 21.9 20 37 8.5 +1.5
IDV iShares DJ Int'l Select Dividend 19.7 49 8 7.8 +0.8
EFAS Global X MSCI SuperDividend EAFE 19.6 55 2 8.2 +1.2
EUMV iShares MSCI Europe Min Volatility 17.5 25 32 5.1 -1.8
LVHI Legg Mason International Low Volatility High Dividend 15.2 40 17 8.6 +1.6
RIDV Invesco International Ultra Dividend Revenue ETF 15.2 42 15 9.2 +2.3
FID First Trust S&P International Dividend Aristocrats 14.2 60 -3 6.9 -0.0
FGD First Trust DJ Global Select Dividend 13.9 58 -1 8.6 +1.6
HDAW Xtrackers MSCI All World ex US High Div Yield 13.7 20 37 9.7 +2.7
DOO WisdomTree Int'l Dividend Ex-Financials 13.3 58 -1 8.2 +1.2
DTH WisdomTree DEFA Equity Income 13.0 58 -1 8.5 +1.6
EFV iShares MSCI EAFE Value 12.9 38 19 8.9 +2.0
OEUR O'Shares FTSE Europe Quality Dividend 12.7 48 9 6.3 -0.6
EWL iShares MSCI Switzerland 12.0 47 10 4.6 -2.4
FIDI Fidelity International High Dividend 12.0 39 18 9.7 +2.7
DOL WisdomTree Int'l Large Cap Dividend 11.9 48 9 7.7 +0.7
FEZ SPDR DJ Euro Stoxx 50 11.9 29 28 6.8 -0.1
IEV iShares S&P Europe 350 11.4 59 -2 6.2 -0.8
EWU iShares MSCI United Kingdom 11.2 47 10 7.3 +0.4

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

  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

Content on this tab for subscribers only

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 STOXX European Select Dividend
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 9.5 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 57 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.79 CATEGORY
AVERAGE
1.64
 
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.