First Trust Capital Strength ETF
ALTAR
Score™
4.5% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
24.5x P/Sales
ratio
2.2x
P/BV
ratio
6.5x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Capital Strength ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield of an equity index called The Capital Strength Index.

FUND BASICS
Category US Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Jul 06, 2006
Assets (mns) $5,761
Currency USD
Expense ratio 58 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 Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 50
Wgt avg mkt cap (mns) $249,485
Large cap (>$10bn) 100.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TAKE-TWO INTERACTIVE SOFTWRE 2.3 %
APPLE INC 2.2 %
CHURCH & DWIGHT CO INC 2.2 %
FACEBOOK 2.2 %
ZOETIS INC 2.2 %
TARGET CORP 2.1 %
EXPEDITORS INTL WASH INC 2.1 %
AMAZON.COM INC 2.1 %
PFIZER INC 2.1 %
HERSHEY CO/THE 2.1 %
Total 21.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.9 %
IRELAND 2.1 %
SWITZERLAND 2.0 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.2% 9.9% 11.2% -- 12.2%

Market Correlations
versus... Beta R-squared
S&P500 0.90 97%
MSCI EAFE 0.88 79%
MSCI Emg. Mkts. 0.61 62%

Technical Indicators
Recent close $63.06
30d moving avg. $61.49
Annualized volatility 15.7%
Short interest (ETF) 0.3%
Short interest (Underlying) 2.2%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 404
Turnover 0.4%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $75,709

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the First Trust Capital Strength ETF ETF based on the alternatives' overlap in portfolio holdings with FTCS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FTCS Expense: 58 bp ALTAR Score™: 4.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FTCS
Ticker Fund
Name
Overlap1
vs FTCS
(%)
Expense
ratio
(bp)
Savings
vs FTCS
(bp)
ALTAR
Score™
(%)
ALTAR
vs FTCS
(%)
JQUA JPMorgan U.S. Quality Factor ETF 36.9 12 46 5.1 +0.6
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 36.1 12 46 4.6 +0.1
QUAL iShares MSCI Usa Quality Factor ETF 34.9 15 43 5.2 +0.7
ACIO Aptus Collared Income Opportunity ETF 34.6 79 -21 4.0 -0.5
CCOR Core Alternative ETF 31.6 123 -65 4.1 -0.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 30.7 60 -2 3.9 -0.6
QUS SPDR MSCI USA StrategicFactors ETF 30.4 15 43 5.6 +1.1
XLG Invesco S&P 500 Top 50 ETF 30.3 20 38 4.3 -0.3
FLQL Franklin LibertyQ U.S. Equity ETF 29.8 15 43 5.9 +1.3
ECOZ TrueMark ESG Active Opportunities ETF 29.7 58 0 3.9 -0.7
IWY iShares Russell Top 200 Growth ETF 29.6 20 38 3.7 -0.9
OEF iShares S&P 100 ETF 29.2 20 38 4.6 +0.1
BKLC BNY Mellon US Large Cap Core Equity ETF 28.8 0 58 4.9 +0.4
IWL iShares Russell Top 200 ETF 28.6 15 43 4.7 +0.2
RFDA RiverFront Dynamic US Dividend Advantage ETF 28.5 52 6 4.8 +0.3
DEF Invesco Defensive Equity ETF 28.3 55 3 4.9 +0.4
SPXN ProShares S&P 500 Ex-Financials ETF 28.2 27 31 4.7 +0.2
FQAL Fidelity Quality Factor ETF 27.8 29 29 5.3 +0.7
MGC Vanguard Mega Cap Index Fund 27.7 7 51 5.0 +0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 27.6 20 38 4.7 +0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 27.6 49 9 3.8 -0.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 27.4 19 39 5.8 +1.2
VONG Vanguard Russell 1000 Growth Index Fund 27.2 8 50 3.7 -0.9
IWF iShares Russell 1000 Growth ETF 27.2 19 39 3.6 -1.0
USMV iShares Edge MSCI Min Vol USA ETF 27.2 15 43 5.3 +0.8
PBP Invesco S&P 500 BuyWrite ETF 27.0 49 9 4.7 +0.2
SPHQ Invesco S&P 500 Quality ETF 26.8 15 43 4.5 -0.1
HUSV First Trust Horizon Managed Volatility Domestic ETF 26.7 70 -12 4.6 +0.0
SPXE ProShares S&P 500 Ex-Energy ETF 26.6 27 31 5.1 +0.5
HSPX Global X S&P 500 Covered Call ETF 26.5 65 -7 4.6 +0.0
ADME Aptus Drawdown Managed Equity ETF 26.5 81 -23 3.2 -1.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 26.5 15 43 6.0 +1.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 26.5 20 38 5.1 +0.6
MTUM iShares Edge MSCI USA Momentum Factor ETF 26.3 15 43 4.1 -0.5
BVAL Brand Value ETF 26.3 65 -7 5.3 +0.8
SPLV Invesco S&P 500 Low Volatility ETF 26.3 25 33 5.4 +0.9
ALTL Pacer Lunt Large Cap Alternator ETF 26.2 60 -2 5.1 +0.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 26.2 30 28 6.2 +1.7
SPY SPDR S&P 500 ETF Trust 26.2 9 49 5.1 +0.6
IVV iShares Core S&P 500 ETF 26.2 4 54 5.2 +0.6
SPLG SPDR Portfolio Large Cap ETF 26.1 3 55 5.2 +0.6
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 26.1 59 -1 3.4 -1.1
VOO VANGUARD S&P 500 ETF 26.1 3 55 5.2 +0.6
OUSA O'Shares FTSE US Quality Dividend ETF 26.1 48 10 5.5 +1.0
LVHB Innovator Lunt Low Vol/High Beta Tactical ETF 26.0 49 9 5.2 +0.7
SUSA iShares MSCI USA ESG Select ETF 25.9 25 33 4.6 +0.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 25.9 75 -17 3.9 -0.6
QLV FlexShares US Quality Low Volatility Index Fund 25.9 22 36 4.6 +0.1
FDLO Fidelity Low Volatility Factor ETF 25.8 29 29 4.9 +0.4
DGRO iShares Core Dividend Growth ETF 25.7 8 50 6.4 +1.8
VOOG Vanguard S&P 500 Growth ETF 25.6 10 48 4.1 -0.5
SPYG SPDR Portfolio S&P 500 Growth ETF 25.6 4 54 4.2 -0.4
IVW iShares S&P 500 Growth ETF 25.6 18 40 4.0 -0.5
EPS WisdomTree U.S. Earnings 500 Fund 25.6 8 50 6.2 +1.7
AFLG First Trust Active Factor Large Cap ETF 25.6 55 3 5.3 +0.7
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 25.6 60 -2 2.9 -1.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 25.6 7 51 5.0 +0.5
RECS Columbia Research Enhanced Core ETF 25.4 15 43 5.4 +0.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 25.4 9 49 5.3 +0.8
VFMV Vanguard U.S. Minimum Volatility ETF 25.3 13 45 3.9 -0.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 25.3 2 56 5.1 +0.5
DSTL Distillate US Fundamental Stability & Value ETF 25.3 39 19 5.8 +1.3
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 25.3 25 33 5.7 +1.1
EQWL Invesco Russell Top 200 Equal Weight ETF 25.3 25 33 5.9 +1.3
EXT WisdomTree U.S. Total Earnings Fund 25.2 28 30 5.0 +0.5
PWB Invesco Dynamic Large Cap Growth ETF 25.2 55 3 3.3 -1.3
SNPE Xtrackers S&P 500 ESG ETF 25.2 11 47 4.9 +0.3
PBUS Invesco PureBeta MSCI USA ETF 25.2 4 54 5.0 +0.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 25.2 12 46 4.5 -0.1
KRMA Global X Conscious Companies ETF 25.1 43 15 4.9 +0.4
VV Vanguard Large-Cap Index Fund 25.1 4 54 5.0 +0.5
FDMO Fidelity Momentum Factor ETF 25.0 29 29 3.7 -0.9
DGRW WisdomTree U.S. Quality Dividend Growth Fund 25.0 28 30 6.2 +1.7
HIPR Direxion High Growth ETF 25.0 40 18 4.3 -0.2
ESGU iShares MSCI USA ESG Optimized ETF 24.9 15 43 4.9 +0.3
IUSG iShares Core S&P US Growth ETF 24.8 4 54 4.2 -0.4
NUSI Nationwide Risk-Managed Income ETF 24.8 68 -10 3.3 -1.3
SCHX Schwab U.S. Large-Cap ETF 24.8 3 55 5.1 +0.5
QYLD Global X NASDAQ 100 Covered Call ETF 24.7 60 -2 3.3 -1.2
SPTM SPDR Portfolio Total Stock Market ETF 24.7 3 55 5.3 +0.7
QLC FlexShares US Quality Large Cap Index Fund 24.3 32 26 5.2 +0.6
IQSU IQ Candriam ESG US Equity ETF 24.3 9 49 4.9 +0.3
MGK Vanguard Mega Cap Growth ETF 24.2 7 51 3.9 -0.6
CATH Global X S&P 500 Catholic Values Custom ETF 24.2 29 29 5.0 +0.4
RFFC RiverFront Dynamic US Flex-Cap ETF 24.2 52 6 4.4 -0.1
SCHK Schwab 1000 Index ETF 24.2 5 53 5.0 +0.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 24.1 10 48 5.1 +0.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 24.1 29 29 5.8 +1.2
SUSL iShares ESG MSCI USA Leaders ETF 24.1 10 48 5.1 +0.6
VONE Vanguard Russell 1000 ETF 24.1 8 50 5.0 +0.4
QQQ Invesco QQQ Trust 24.1 20 38 3.7 -0.8
JKE iShares Morningstar Large-Cap Growth ETF 24.1 25 33 2.8 -1.8
IWB iShares Russell 1000 ETF 24.0 15 43 4.9 +0.4
IYY iShares Dow Jones U.S. ETF 23.9 20 38 4.9 +0.4
SPXT ProShares S&P 500 Ex-Technology ETF 23.7 27 31 5.4 +0.8
LSLT Salt Low truBeta US Market ETF 23.6 29 29 5.8 +1.3
SFY SoFi Select 500 ETF 23.5 0 58 5.0 +0.5
NULG Nuveen ESG Large-Cap Growth ETF 23.5 35 23 3.5 -1.1
DLN WisdomTree U.S. LargeCap Dividend Fund 23.3 28 30 6.2 +1.6
SCHB Schwab U.S. Broad Market ETF 23.2 3 55 5.0 +0.5

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 Capital Strength ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 29.4 %
Divided by: Fwd. P/BV 5.7 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 4.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 CATEGORY
AVERAGE
1.52
 
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.