First Trust Dow Jones Select Microcap Index Fund
ALTAR
Score™		 7.6% info Recommen-
dation		 OVERWEIGHT
2023E    2024E
P/E
ratio		 10.9x P/Sales
ratio		 0.6x
P/BV
ratio		 1.3x Div.
yield		 3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Dow Jones Select MicroCap Index Fund is an exchange-traded fund incorporated in the USA. The Fund's objective is to seek investment results that correspond to the price and yield of The Dow Jones Select MicroCap Index.

FUND BASICS
Category US Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Sep 27, 2005
Assets (mns) $152
Currency USD
Expense ratio 60 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 163
Wgt avg mkt cap (mns) $599
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 1.7%
Small cap (<$2bn) 96.8%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
CRESCENT ENERGY COMPANY CLASS A 1.5 %
SUNCOKE ENERGY INC 1.4 %
ARHAUS, INC. (CLASS A) 1.4 %
VSE CORP 1.3 %
SCANSOURCE INC 1.3 %
TETRA TECHNOLOGIES INC 1.3 %
CRA INTERNATIONAL INC 1.3 %
POWELL INDUSTRIES INC 1.3 %
ACM RESEARCH, INC. CLASS A 1.3 %
DOUGLAS DYNAMICS INC 1.2 %
Total 13.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.0 %
CAYMAN ISLANDS 1.3 %
CANADA 0.3 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.8% 4.7% 3.2% 9.1% 7.1%

Market Correlations
versus... Beta R-squared
S&P500 1.01 61%
MSCI EAFE 0.95 56%
MSCI Emg. Mkts. 0.73 32%

Technical Indicators
Recent close $55.04
30d moving avg. $57.24
Annualized volatility 23.2%
Short interest (ETF) 0.8%
Short interest (Underlying) 3.9%
Relative strength (RSI) 34

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.2%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $249

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 298 potential alternatives to the First Trust Dow Jones Select Microcap Index Fund ETF based on the alternatives' overlap in portfolio holdings with FDM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FDM Expense: 60 bp ALTAR Score™: 7.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FDM
Ticker Fund
Name		 Overlap1
vs FDM
(%)		 Expense
ratio
(bp)		 Savings
vs FDM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FDM
(%)
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 24.0 125 -65 0.7 -6.9
IWC iShares Micro-Cap ETF 14.2 60 0 -3.9 -11.5
ROSC Hartford Multifactor Small Cap ETF 13.6 34 26 11.3 +3.7
SQLV Legg Mason Small-Cap Quality Value 11.8 60 0 10.4 +2.8
XSVM Invesco S&P SmallCap Value with Momentum ETF 11.2 39 21 12.1 +4.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 10.9 47 13 10.0 +2.4
DEEP Roundhill Acquirers Deep Value ETF 9.9 80 -20 17.9 +10.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 9.9 39 21 10.0 +2.4
CSML IQ Chaikin U.S. Small Cap ETF 7.6 35 25 6.8 -0.8
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 7.2 12 48 8.5 +0.9
RZV Invesco S&P Smallcap 600 Pure Value ETF 7.0 35 25 13.5 +5.8
EES WisdomTree SmallCap Earnings Fund 6.8 38 22 12.5 +4.9
QABA First Trust NASDAQ ABA Community Bank Index Fund 6.7 60 0 10.8 +3.2
SVAL iShares US Small Cap Value Factor ETF 6.5 20 40 11.7 +4.1
PSCM Invesco S&P SmallCap Materials ETF 6.4 29 31 8.1 +0.5
DES WisdomTree U.S. SmallCap Dividend Fund 5.6 38 22 9.8 +2.2
AVSC Avantis U.S Small Cap Equity ETF 5.6 25 35 5.4 -2.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 5.1 20 40 7.5 -0.1
DWAS Invesco DWA SmallCap Momentum ETF 4.8 60 0 1.4 -6.2
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 4.6 38 22 11.0 +3.4
QQQS Invesco NASDAQ Future Gen 200 ETF 4.5 20 40 -11.6 -19.3
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 4.5 30 30 11.6 +4.0
AVUV Avantis U.S. Small Cap Value ETF 3.9 25 35 10.6 +3.0
SSLY Syntax Stratified SmallCap ETF 3.8 40 20 8.1 +0.5
CALF Pacer US Small Cap Cash Cows 100 ETF 3.8 59 1 12.9 +5.3
JSML Janus Henderson Small Cap Growth Alpha ETF 3.7 30 30 11.3 +3.7
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 3.7 19 41 8.5 +0.9
OSCV Opus Small Cap Value Plus ETF 3.7 79 -19 6.4 -1.2
AIRR First Trust RBA American Industrial Renaissance ETF 3.6 70 -10 5.9 -1.8
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 3.5 59 1 8.3 +0.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 3.4 29 31 8.4 +0.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 3.4 39 21 4.8 -2.8
DKRB Subversive Decarbonization ETF 3.3 75 -15 -0.4 -8.0
WCEO Hypatia Women CEO ETF 3.3 85 -25 6.3 -1.3
VTWV Vanguard Russell 2000 Value Index Fund 3.2 15 45 7.0 -0.6
IWN iShares Russell 2000 Value ETF 3.2 24 36 7.0 -0.6
DFSV Dimensional US Small Cap Value ETF 3.1 31 29 9.6 +2.0
SIXS 6 Meridian Small Cap Equity ETF 3.0 89 -29 8.6 +1.0
BFOR Barron's 400 ETF 3.0 65 -5 8.7 +1.1
VFMF Vanguard U.S. Multifactor ETF 3.0 18 42 9.5 +1.9
VAMO Cambria Value & Momentum ETF 3.0 64 -4 11.5 +3.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 2.9 39 21 11.8 +4.1
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 2.9 35 25 8.8 +1.2
DFAT Dimensional U.S. Targeted Value ETF 2.5 28 32 9.4 +1.7
IFRA iShares U.S. Infrastructure ETF 2.5 30 30 6.4 -1.2
ECML Euclidean Fundamental Value ETF 2.4 95 -35 16.0 +8.4
SMDV ProShares Russell 2000 Dividend Growers ETF 2.4 40 20 7.9 +0.3
FSMD Fidelity Small-Mid Factor ETF 2.4 29 31 8.3 +0.7
XSMO Invesco S&P SmallCap Momentum ETF 2.4 39 21 6.1 -1.5
IWM iShares Russell 2000 ETF 2.3 19 41 4.6 -3.0
VTWO Vanguard Russell 2000 Index Fund 2.3 10 50 4.6 -3.0
AFSM First Trust Active Factor Small Cap ETF 2.3 77 -17 9.8 +2.2
XSLV Invesco S&P SmallCap Low Volatility ETF 2.2 25 35 7.2 -0.5
VFVA Vanguard U.S. Value Factor ETF 2.2 13 47 11.5 +3.9
DFAS Dimensional U.S. Small Cap ETF 2.2 26 34 6.9 -0.7
FCG First Trust Natural Gas ETF 2.1 60 0 9.2 +1.6
VFQY Vanguard U.S. Quality Factor ETF 2.0 13 47 7.9 +0.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.0 35 25 8.4 +0.7
XME SPDR S&P Metals & Mining ETF 1.9 35 25 8.6 +1.0
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 1.8 20 40 5.8 -1.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.8 15 45 10.0 +2.4
IJS iShares S&P Small-cap 600 Value ETF 1.8 18 42 10.1 +2.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.8 52 8 8.7 +1.1
SLYV SPDR S&P 600 Small Cap Value ETF 1.8 15 45 10.1 +2.5
VFMV Vanguard U.S. Minimum Volatility ETF 1.7 13 47 6.4 -1.2
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 1.6 35 25 9.5 +1.9
SIXL 6 Meridian Low Beta Equity Strategy ETF 1.6 80 -20 6.0 -1.6
PSCI Invesco S&P SmallCap Industrials ETF 1.6 29 31 7.7 +0.1
PAVE Global X U.S. Infrastructure Development ETF 1.6 47 13 6.9 -0.8
PSC Principal U.S. Small Cap Index ETF 1.6 38 22 8.6 +1.0
XSW SPDR S&P Software & Services ETF 1.4 35 25 2.4 -5.2
XJR iShares ESG Screened S&P Small-Cap ETF 1.4 12 48 7.9 +0.3
IWO iShares Russell 2000 Growth ETF 1.4 24 36 1.8 -5.9
VTWG Vanguard Russell 2000 Growth Index Fund 1.4 15 45 1.7 -5.9
NVIR Horizon Kinetics Energy and Remediation ETF 1.3 85 -25 0.2 -7.4
ISCV iShares Morningstar Small Cap Value ETF 1.3 6 54 9.1 +1.5
XOP SPDR S&P Oil & Gas Exploration & Production ETF 1.3 35 25 9.6 +2.0
XSHQ Invesco S&P SmallCap Quality ETF 1.3 30 30 10.5 +2.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.3 15 45 8.5 +0.8
VRAI Virtus Real Asset Income ETF 1.3 55 5 9.0 +1.4
SLX VanEck Steel ETF 1.3 56 4 23.9 +16.3
IJR iShares Core S&P Small Cap ETF 1.3 6 54 8.5 +0.9
VIOO Vanguard S&P Small-Cap 600 ETF 1.3 10 50 8.5 +0.9
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.3 3 57 8.6 +1.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.2 30 30 9.5 +1.9
RYJ Invesco Raymond James SB-1 Equity ETF 1.2 81 -21 4.2 -3.4
NLR VanEck Uranium+Nuclear Energy ETF 1.2 61 -1 4.2 -3.4
URA Global X Uranium ETF 1.2 69 -9 2.2 -5.4
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.2 25 35 6.9 -0.7
RAYD Rayliant Quantitative Developed Market Equity ETF 1.2 80 -20 8.9 +1.3
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 1.1 30 30 13.7 +6.0
IBUY Amplify Online Retail ETF 1.1 65 -5 0.7 -6.9
ESIX SPDR S&P SmallCap 600 ESG ETF 1.1 12 48 8.6 +1.0
PSCH Invesco S&P SmallCap Health Care ETF 1.1 29 31 3.1 -4.5
VFMO Vanguard U.S. Momentum Factor ETF 1.1 13 47 2.7 -4.9
ROKT SPDR S&P Kensho Final Frontiers ETF 1.1 45 15 1.7 -5.9
DSMC Distillate Small/Mid Cash Flow ETF 1.0 55 5 12.3 +4.7
PSCE Invesco S&P SmallCap Energy ETF 1.0 29 31 4.6 -3.0
MGMT Ballast Small/Mid Cap ETF 1.0 110 -50 6.9 -0.7
GERM ETFMG Treatments Testing and Advancements ETF 1.0 68 -8 -6.8 -14.4
FITE SPDR Kensho Future Security ETF 1.0 45 15 3.9 -3.7
XTN SPDR S&P Transportation ETF 1.0 35 25 3.0 -4.7
SYLD Cambria Shareholder Yield ETF 1.0 59 1 11.7 +4.1
SMLE Xtrackers S&P SmallCap 600 ESG ETF 1.0 15 45 8.5 +0.9
KROP Global X AgTech & Food Innovation ETF 1.0 50 10 -1.8 -9.4
KCAL Subversive Food Security ETF 1.0 75 -15 8.6 +1.0
XAR SPDR S&P Aerospace & Defense ETF 0.9 35 25 1.6 -6.0
ISCB iShares Morningstar Small-Cap ETF 0.9 4 56 5.9 -1.7
VXF Vanguard Extended Market Index Fund 0.9 6 54 4.3 -3.3
RIET Hoya Capital High Dividend Yield ETF 0.9 50 10 11.9 +4.3
KRE SPDR S&P Regional Banking ETF 0.9 35 25 11.8 +4.2
ERSX ERShares NextGen Entrepreneurs ETF 0.9 75 -15 7.1 -0.6
PFI Invesco DWA Financial Momentum ETF 0.9 60 0 5.1 -2.5
BOAT SonicShares Global Shipping ETF 0.9 69 -9 19.5 +11.8
GAMR ETFMG Video Game Tech ETF 0.8 75 -15 7.1 -0.5
DBLV AdvisorShares DoubleLine Value Equity ETF 0.8 91 -31 8.7 +1.1
HERO Global X Video Games & Esports ETF 0.8 50 10 9.7 +2.0
BPAY BlackRock Future Financial and Technology ETF 0.8 70 -10 10.4 +2.8
IGN iShares North American Tech-Multimedia Networking ETF 0.8 41 19 8.8 +1.1
PTEC Global X PropTech ETF 0.8 50 10 2.8 -4.8
PBW Invesco WilderHill Clean Energy ETF 0.8 61 -1 -9.4 -17.0
PRN Invesco DWA Industrials Momentum ETF 0.8 60 0 6.3 -1.3
CWS AdvisorShares Focused Equity ETF 0.8 65 -5 5.7 -1.9
PAWZ ProShares Pet Care ETF 0.8 50 10 3.3 -4.3
PSCC Invesco S&P SmallCap Consumer Staples ETF 0.8 29 31 5.9 -1.7
MAKX ProShares S&P Kensho Smart Factories ETF 0.8 58 2 3.8 -3.8
ISMD Inspire Small/Mid Cap Impact ETF 0.8 54 6 5.6 -2.0
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.7 17 43 6.3 -1.3
AQWA Global X Clean Water ETF 0.7 50 10 5.1 -2.5
SLYG SPDR S&P 600 Small Cap Growth ETF 0.7 15 45 7.0 -0.6
XHE SPDR S&P Health Care Equipment ETF 0.7 35 25 0.7 -6.9
IJT iShares S&P Small-Cap 600 Growth ETF 0.7 25 35 6.9 -0.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.7 15 45 7.1 -0.6
NUSC Nuveen ESG Small-Cap ETF 0.7 31 29 6.2 -1.4
XHS SPDR S&P Health Care Services ETF 0.7 35 25 7.5 -0.1
KOMP SPDR Kensho New Economies Composite ETF 0.7 20 40 -0.4 -8.0
DIV Global X SuperDividend US ETF 0.7 45 15 8.5 +0.9
HOMZ Hoya Capital Housing ETF 0.7 30 30 9.5 +1.9
WOOD iShares Global Timber & Forestry ETF 0.7 42 18 9.8 +2.2
KBWD Invesco KBW High Dividend Yield Financial ETF 0.7 384 -324 9.4 +1.8
DHS WisdomTree U.S. High Dividend Fund 0.6 38 22 9.8 +2.2
SCHA Schwab U.S. Small-Cap ETF 0.6 4 56 5.6 -2.0
PSCT Invesco S&P SmallCap Information Technology ETF 0.6 29 31 6.6 -1.0
PSCF Invesco S&P SmallCap Financials ETF 0.6 29 31 11.5 +3.9
BBC Virtus LifeSci Biotech Clinical Trials ETF 0.6 79 -19 0.0 -7.6
CNCR Loncar Cancer Immunotherapy ETF 0.6 79 -19 0.0 -7.6
ACES ALPS Clean Energy ETF 0.6 55 5 -3.1 -10.7
BEDZ AdvisorShares Hotel ETF 0.6 99 -39 1.4 -6.2
ITEQ BlueStar Israel Technology ETF 0.6 75 -15 2.2 -5.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.6 95 -35 2.5 -5.2
ISCG iShares Morningstar Small-Cap Growth ETF 0.5 6 54 2.3 -5.3
RDOG ALPS REIT Dividend Dogs ETF 0.5 35 25 13.6 +6.0
NETL NETLease Corporate Real Estate ETF 0.5 60 0 9.2 +1.6
JFWD Jacob Forward ETF 0.5 75 -15 -14.0 -21.6
SIL Global X Silver Miners ETF 0.5 65 -5 2.4 -5.2
SILJ ETFMG Prime Junior Silver ETF 0.5 69 -9 2.2 -5.4
XES SPDR S&P Oil & Gas Equipment & Services ETF 0.5 35 25 -2.2 -9.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.5 24 36 8.9 +1.3
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.4 15 45 6.2 -1.4
CVAR Cultivar ETF 0.4 87 -27 8.7 +1.1
IBRN iShares Neuroscience and Healthcare ETF 0.4 47 13 -3.8 -11.5
EATZ AdvisorShares Restaurant ETF 0.4 99 -39 1.9 -5.7
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 0.4 48 12 7.9 +0.3
XTL SPDR S&P Telecom ETF 0.4 35 25 10.0 +2.3
ETHO Etho Climate Leadership U.S. ETF 0.4 47 13 5.5 -2.2
PHO Invesco Water Resources ETF 0.4 60 0 4.8 -2.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 43 6.6 -1.0
MJUS ETFMG U.S. Alternative Harvest ETF 0.4 75 -15 -25.6 -33.2
THCX The Cannabis ETF 0.4 75 -15 -64.4 -72.0
YOLO AdvisorShares Pure Cannabis ETF 0.4 88 -28 -50.3 -57.9
POTX Global X Cannabis ETF 0.4 51 9 -77.3 -84.9
REM iShares Mortgage Real Estate ETF 0.4 48 12 14.1 +6.5
TOKE Cambria Cannabis ETF 0.4 42 18 -20.1 -27.8
CNBS Amplify Seymour Cannabis ETF 0.4 75 -15 -17.7 -25.4
FMAT Fidelity MSCI Materials Index ETF 0.4 8 52 7.3 -0.3
IEZ iShares U.S. Oil Equipment & Services ETF 0.4 40 20 0.6 -7.0
MILN Global X Millennial Consumer ETF 0.3 50 10 2.6 -5.0
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.3 35 25 8.6 +1.0
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.3 37 23 8.6 +1.0
KCE SPDR S&P Capital Markets ETF 0.3 35 25 8.2 +0.6
CCSO Carbon Collective Climate Solutions U.S. Equity ETF 0.3 35 25 3.0 -4.6
AVUS Avantis U.S. Equity ETF 0.3 15 45 6.9 -0.8
FPX First Trust US IPO Index Fund 0.3 61 -1 0.6 -7.0
TPSC Timothy Plan US Small Cap Core ETF 0.3 52 8 8.6 +1.0
ICLN iShares Global Clean Energy ETF 0.3 40 20 4.0 -3.6
CUT Invesco MSCI Global Timber ETF 0.3 61 -1 9.1 +1.5
BTEC Principal Healthcare Innovators Index ETF 0.3 42 18 -4.7 -12.3
CGW Invesco S&P Global Water Index ETF 0.3 57 3 4.7 -2.9
RNEW VanEck Green Infrastructure ETF 0.3 45 15 0.0 -7.6
MISL First Trust Indxx Aerospace & Defense ETF 0.3 60 0 4.7 -2.9
FENY Fidelity MSCI Energy Index ETF 0.3 8 52 6.4 -1.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.3 9 51 5.2 -2.5
GDXJ VanEck Junior Gold Miners ETF 0.2 52 8 6.4 -1.2
SETM Sprott Energy Transition Materials ETF 0.2 65 -5 3.9 -3.7
DFUV Dimensional US Marketwide Value ETF 0.2 22 38 8.6 +1.0
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -5 7.6 -0.0
IAI iShares U.S. Broker-Dealers ETF 0.2 40 20 7.9 +0.2
PIO Invesco Global Water ETF 0.2 75 -15 5.7 -2.0
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.2 8 52 5.0 -2.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.2 25 35 6.6 -1.0
XRT SPDR S&P Retail ETF 0.2 35 25 10.1 +2.5
BLOK Amplify Transformational Data Sharing ETF 0.2 75 -15 -0.3 -7.9
GFOF Grayscale Future of Finance ETF 0.2 70 -10 -2.3 -9.9
TWEB SoFi Web 3 ETF 0.2 59 1 -3.4 -11.1
FIDU Fidelity MSCI Industrials Index ETF 0.2 8 52 5.6 -2.0
FNCL Fidelity MSCI Financials Index ETF 0.2 8 52 7.6 -0.0
HKND Humankind US Stock ETF 0.2 11 49 7.3 -0.3
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 21 12.4 +4.8
VDE Vanguard Energy Index Fund 0.2 10 50 6.2 -1.4
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 0.2 58 2 -0.6 -8.2
PKW Invesco Buyback Achievers ETF 0.2 64 -4 9.0 +1.4
PPA Invesco Aerospace & Defense ETF 0.2 61 -1 4.6 -3.0
VBR Vanguard Small Cap Value Index Fund 0.2 7 53 9.2 +1.6
VIS Vanguard Industrials Index Fund 0.2 10 50 5.3 -2.3
VCR Vanguard Consumer Discretionary Index Fund 0.2 10 50 5.0 -2.7
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 42 6.7 -0.9
DFAU Dimensional US Core Equity Market ETF 0.1 12 48 6.0 -1.6
VAW Vanguard Materials Index Fund 0.1 10 50 6.9 -0.7
FILL iShares MSCI Global Energy Producers ETF 0.1 39 21 8.0 +0.4
ERTH Invesco MSCI Sustainable Future ETF 0.1 56 4 4.2 -3.4
VEGI iShares MSCI Global Agriculture Producers ETF 0.1 39 21 8.5 +0.9
IWV iShares Russell 3000 ETF 0.1 20 40 5.6 -2.0
VTHR Vanguard Russell 3000 Index Fund 0.1 10 50 5.7 -1.9
ITA iShares U.S. Aerospace & Defense ETF 0.1 40 20 3.5 -4.1
VTI Vanguard Total Stock Market Index Fund 0.1 3 57 5.7 -1.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 57 5.8 -1.8
IBBQ Invesco Nasdaq Biotechnology ETF 0.1 19 41 1.2 -6.4
FTEC Fidelity MSCI Information Technology Index ETF 0.1 8 52 5.5 -2.1
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.1 50 10 4.0 -3.7
FCOM Fidelity MSCI Telecommunication Services Index ETF 0.1 8 52 6.4 -1.2
VB Vanguard Small-Cap ETF 0.1 5 55 6.2 -1.5
PRNT The 3D Printing ETF 0.1 66 -6 -3.2 -10.8
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 48 8.3 +0.7
FREL Fidelity MSCI Real Estate Index ETF 0.1 8 52 7.5 -0.1
DFUS Dimensional U.S. Equity ETF 0.1 9 51 5.8 -1.8
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -15 4.8 -2.8
IHE iShares U.S. Pharmaceuticals ETF 0.1 40 20 8.1 +0.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 6.4 -1.2
VFH Vanguard Financials Index Fund 0.1 10 50 7.6 -0.1
IYT iShares Transportation Average ETF 0.1 39 21 2.7 -4.9
CRED Columbia Research Enhanced Real Estate ETF 0.1 33 27 7.9 +0.3
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.1 11 49 7.5 -0.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.1 25 35 7.6 +0.0
IHF iShares U.S. Healthcare Providers ETF 0.1 39 21 6.6 -1.0
IAK iShares U.S. Insurance ETF 0.1 39 21 7.1 -0.5
USRT iShares Core U.S. REIT ETF 0.1 8 52 7.5 -0.1
FRI First Trust S&P REIT Index Fund 0.1 50 10 7.0 -0.6
VOX Vanguard Telecommunication Services Index Fund 0.1 10 50 5.5 -2.1
VGT Vanguard Information Technology Index Fund 0.1 10 50 5.5 -2.1
SXQG 6 Meridian Quality Growth ETF 0.1 100 -40 5.0 -2.6
FSTA Fidelity MSCI Consumer Staples Index ETF 0.1 8 52 6.3 -1.3
VDC Vanguard Consumer Staples Index Fund 0.1 10 50 6.3 -1.3
BMED BlackRock Future Health ETF 0.1 85 -25 2.1 -5.5
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -29 5.6 -2.0
DFAR Dimensional US Real Estate ETF 0.1 19 41 7.5 -0.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 40 7.2 -0.4
VNQ Vanguard REIT Index Fund 0.1 12 48 7.5 -0.2
IBB iShares NASDAQ Biotechnology ETF 0.0 45 15 0.7 -6.9
SCHB Schwab U.S. Broad Market ETF 0.0 3 57 5.9 -1.7
FUTY Fidelity MSCI Utilities Index ETF 0.0 8 52 6.8 -0.9
DFGR Dimensional Global Real Estate ETF 0.0 22 38 7.1 -0.5
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.0 50 10 7.4 -0.2
DTD WisdomTree U.S.Total Dividend Fund 0.0 28 32 7.4 -0.2
VBK Vanguard Small-Cap Growth Index Fund 0.0 7 53 1.5 -6.1
STXK Strive Small-Cap ETF 0.0 18 42 5.8 -1.8
SPTM SPDR Portfolio Total Stock Market ETF 0.0 3 57 6.2 -1.4
FHLC Fidelity MSCI Health Care Index ETF 0.0 8 52 6.7 -0.9
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 31 10.9 +3.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.0 20 40 11.4 +3.8
VHT Vanguard Health Care Index Fund 0.0 10 50 6.7 -1.0
PFM Invesco Dividend Achievers ETF 0.0 53 7 6.4 -1.2
HLGE Hartford Longevity Economy ETF 0.0 44 16 8.8 +1.1
VIG Vanguard Dividend Appreciation Index Fund 0.0 6 54 6.3 -1.3
IYG iShares US Financial Services ETF 0.0 39 21 7.4 -0.2
IYF iShares U.S. Financials ETF 0.0 39 21 7.5 -0.1
HAP VanEck Natural Resources ETF 0.0 50 10 8.2 +0.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 48 5.5 -2.1
SMMD iShares Russell 2500 ETF 0.0 15 45 6.8 -0.8
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 21 7.6 -0.0
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 40 7.9 +0.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.0 21 39 4.2 -3.5
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 37 4.5 -3.1
IGM iShares Expanded Tech Sector ETF 0.0 41 19 5.4 -2.2
IWR iShares Russell Midcap ETF 0.0 18 42 6.6 -1.0
IWS iShares Russell Mid-Cap Value ETF 0.0 23 37 7.6 +0.0
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 51 5.7 -1.9
VYM Vanguard High Dividend Yield Index ETF 0.0 6 54 8.2 +0.6
IWD iShares Russell 1000 Value ETF 0.0 19 41 7.4 -0.2
STXV Strive 1000 Value ETF 0.0 18 42 8.4 +0.8
IYY iShares Dow Jones U.S. ETF 0.0 20 40 5.8 -1.9
VT Vanguard Total World Stock ETF 0.0 7 53 6.6 -1.0
VONV Vanguard Russell 1000 Value Index Fund 0.0 8 52 7.5 -0.2
IWB iShares Russell 1000 ETF 0.0 15 45 5.8 -1.8
STXG Strive 1000 Growth ETF 0.0 18 42 5.1 -2.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 49 5.9 -1.7
IWF iShares Russell 1000 Growth ETF 0.0 19 41 5.3 -2.3
VONE Vanguard Russell 1000 ETF 0.0 8 52 5.8 -1.8
VONG Vanguard Russell 1000 Growth Index Fund 0.0 8 52 5.4 -2.2

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
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 Dow Jones Select Microcap Index Fund
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.0 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 7.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.32 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.