First Trust Capital Strength ETF
ALTAR
Score™
4.9% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
23.9x P/Sales
ratio
3.1x
P/BV
ratio
5.0x Div.
yield
1.4%


  • 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 11, 2006
Assets (mns) $4,927
Currency USD
Expense ratio 60 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) $182,797
Large cap (>$10bn) 97.8%
Mid cap ($2-10bn) 2.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
FACEBOOK 2.4 %
EBAY INC 2.3 %
F5 NETWORKS INC 2.2 %
ALEXION PHARMACEUTICALS INC 2.2 %
MONSTER BEVERAGE CORPORATION 2.2 %
VISA INC-CLASS A SHARES 2.2 %
ACCENTURE PLC-CL A 2.2 %
BIO-RAD LABORATORIES-CL A 2.2 %
ESTEE LAUDER COMPANIES-CL A 2.1 %
CISCO SYSTEMS INC 2.1 %
Total 22.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.7 %
IRELAND 4.1 %
SWITZERLAND 2.1 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-2.8% 11.7% 10.0% -- 11.5%

Market Correlations
versus... Beta R-squared
S&P500 0.90 97%
MSCI EAFE 0.88 80%
MSCI Emg. Mkts. 0.63 63%

Technical Indicators
Recent close $58.72
30d moving avg. $55.60
Annualized volatility 15.4%
Short interest (ETF) 0.2%
Short interest (Underlying) 2.2%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 742
Turnover 0.9%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $74,556

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: 60 bp ALTAR Score™: 4.9%


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
(%)
QUAL iShares MSCI Usa Quality Factor ETF 33.5 15 45 5.4 +0.6
JQUA JPMorgan U.S. Quality Factor ETF 33.2 12 48 5.3 +0.4
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 32.1 25 35 5.9 +1.1
SPHQ Invesco S&P 500 Quality ETF 31.9 15 45 5.2 +0.3
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 31.3 12 48 4.9 0.0
ACIO Aptus Collared Income Opportunity ETF 30.5 79 -19 4.5 -0.4
IWY iShares Russell Top 200 Growth ETF 29.5 20 40 4.3 -0.5
TTAC TrimTabs Float Shrink ETF 28.1 59 1 3.6 -1.3
OEF iShares S&P 100 ETF 27.6 20 40 5.0 +0.1
IWL iShares Russell Top 200 ETF 27.2 15 45 5.2 +0.3
XLG Invesco S&P 500 Top 50 ETF 27.1 20 40 4.7 -0.2
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 26.9 29 31 4.3 -0.5
SPXN ProShares S&P 500 Ex-Financials ETF 26.6 27 33 5.1 +0.3
MGC Vanguard Mega Cap Index Fund 26.5 7 53 5.3 +0.5
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 26.4 60 0 3.6 -1.3
VONG Vanguard Russell 1000 Growth Index Fund 26.1 8 52 4.4 -0.4
IWF iShares Russell 1000 Growth ETF 26.1 19 41 4.3 -0.5
PBP Invesco S&P 500 BuyWrite ETF 25.9 49 11 5.1 +0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 25.9 49 11 4.2 -0.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 25.8 60 0 4.5 -0.3
DEF Invesco Defensive Equity ETF 25.8 55 5 5.0 +0.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 25.7 19 41 5.7 +0.8
SPLV Invesco S&P 500 Low Volatility ETF 25.6 25 35 5.7 +0.8
QUS SPDR MSCI USA StrategicFactors ETF 25.6 15 45 5.9 +1.0
HSPX Global X S&P 500 Covered Call ETF 25.5 65 -5 5.0 +0.1
FQAL Fidelity Quality Factor ETF 25.4 29 31 5.5 +0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 25.4 20 40 5.1 +0.2
AFLG First Trust Active Factor Large Cap ETF 25.1 55 5 5.6 +0.7
SPXE ProShares S&P 500 Ex-Energy ETF 24.8 27 33 5.4 +0.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 24.8 20 40 5.5 +0.7
SUSA iShares MSCI USA ESG Select ETF 24.8 25 35 4.8 -0.0
SPXT ProShares S&P 500 Ex-Technology ETF 24.6 27 33 5.7 +0.8
PWB Invesco Dynamic Large Cap Growth ETF 24.5 55 5 3.5 -1.4
ESGU iShares MSCI USA ESG Optimized ETF 24.5 15 45 5.2 +0.3
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 24.4 75 -15 6.1 +1.2
OUSA O'Shares FTSE US Quality Dividend ETF 24.3 48 12 5.7 +0.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 24.3 52 8 6.0 +1.2
SPLG SPDR Portfolio Large Cap ETF 24.2 3 57 5.5 +0.7
IVV iShares Core S&P 500 ETF 24.2 4 56 5.5 +0.7
SPY SPDR S&P 500 ETF Trust 24.1 9 51 5.5 +0.6
EQWL Invesco Russell Top 200 Equal Weight ETF 24.1 25 35 6.0 +1.2
VOO VANGUARD S&P 500 ETF 24.1 3 57 5.5 +0.7
RECS Columbia Research Enhanced Core ETF 24.1 15 45 5.7 +0.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 23.9 15 45 6.4 +1.5
HUSV First Trust Horizon Managed Volatility Domestic ETF 23.8 70 -10 4.8 -0.1
VOOG Vanguard S&P 500 Growth ETF 23.7 10 50 4.4 -0.4
SPYG SPDR Portfolio S&P 500 Growth ETF 23.7 4 56 4.5 -0.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 23.7 12 48 5.1 +0.2
VV Vanguard Large-Cap Index Fund 23.7 4 56 5.4 +0.5
IVW iShares S&P 500 Growth ETF 23.6 18 42 4.3 -0.5
ECOZ TrueMark ESG Active Opportunities ETF 23.6 58 2 4.4 -0.4
FDLO Fidelity Low Volatility Factor ETF 23.6 29 31 5.2 +0.4
EPS WisdomTree U.S. Earnings 500 Fund 23.6 8 52 6.5 +1.7
FTHI First Trust High Income ETF 23.5 85 -25 5.5 +0.6
PBUS Invesco PureBeta MSCI USA ETF 23.4 4 56 5.4 +0.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 23.4 75 -15 3.7 -1.2
FLQL Franklin LibertyQ U.S. Equity ETF 23.2 15 45 6.3 +1.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 23.2 2 58 5.4 +0.6
CCOR Core Alternative ETF 23.2 123 -63 4.3 -0.6
QYLD Global X NASDAQ 100 Covered Call ETF 23.1 60 0 3.7 -1.1
IUS Invesco Strategic US ETF 23.0 19 41 6.2 +1.4
IUSG iShares Core S&P US Growth ETF 22.9 4 56 4.5 -0.4
FLLV Franklin Liberty U.S. Low Volatility ETF 22.9 29 31 5.7 +0.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 22.8 30 30 6.8 +1.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 22.8 9 51 5.6 +0.7
NUSI Nationwide Risk-Managed Income ETF 22.7 68 -8 3.7 -1.2
SCHX Schwab U.S. Large-Cap ETF 22.7 3 57 5.4 +0.6
QLC FlexShares US Quality Large Cap Index Fund 22.7 32 28 5.6 +0.7
SPTM SPDR Portfolio Total Stock Market ETF 22.6 3 57 5.6 +0.8
DSTL Distillate US Fundamental Stability & Value ETF 22.6 39 21 6.5 +1.6
FTLB First Trust Hedged BuyWrite Income ETF 22.5 85 -25 5.5 +0.7
QQQ Invesco QQQ Trust 22.5 20 40 4.1 -0.8
BVAL Brand Value ETF 22.4 65 -5 6.1 +1.2
DGRO iShares Core Dividend Growth ETF 22.3 8 52 6.5 +1.7
IWB iShares Russell 1000 ETF 22.3 15 45 5.3 +0.4
FDMO Fidelity Momentum Factor ETF 22.3 29 31 3.9 -0.9
RYH Invesco S&P 500 Equal Weight Health Care ETF 22.2 40 20 6.3 +1.4
SFY SoFi Select 500 ETF 22.2 0 60 5.4 +0.5
JKE iShares Morningstar Large-Cap Growth ETF 22.2 25 35 3.5 -1.4
VONE Vanguard Russell 1000 ETF 22.2 8 52 5.4 +0.5
SNPE Xtrackers S&P 500 ESG ETF 22.1 11 49 5.2 +0.4
SCHK Schwab 1000 Index ETF 22.1 5 55 5.4 +0.5
KRMA Global X Conscious Companies ETF 22.1 43 17 5.3 +0.4
RFFC RiverFront Dynamic US Flex-Cap ETF 22.0 52 8 5.5 +0.6
CATH Global X S&P 500 Catholic Values Custom ETF 21.9 29 31 5.3 +0.5
IYY iShares Dow Jones U.S. ETF 21.9 20 40 5.3 +0.4
IQSU IQ Candriam ESG US Equity ETF 21.9 9 51 5.3 +0.4
JOYY Infusive Compounding Global Equities ETF 21.8 50 10 3.9 -0.9
NACP Impact Shares NAACP Minority Empowerment ETF 21.7 75 -15 4.6 -0.2
MGV Vanguard Mega Cap Value ETF 21.6 7 53 7.2 +2.3
FVAL Fidelity Value Factor ETF 21.5 29 31 8.1 +3.3
MTUM iShares Edge MSCI USA Momentum Factor ETF 21.4 15 45 4.8 -0.1
VTI Vanguard Total Stock Market Index Fund 21.3 3 57 5.3 +0.4
IWV iShares Russell 3000 ETF 21.2 20 40 5.2 +0.3
SCHB Schwab U.S. Broad Market ETF 21.2 3 57 5.4 +0.5
VTHR Vanguard Russell 3000 Index Fund 21.1 10 50 5.3 +0.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 21.1 3 57 5.3 +0.4
MGK Vanguard Mega Cap Growth ETF 21.0 7 53 4.3 -0.5
DIVB iShares U.S. Dividend & Buyback ETF 21.0 25 35 6.5 +1.7
ESGV Vanguard ESG U.S. Stock ETF 20.9 12 48 5.3 +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 25.4 %
Divided by: Fwd. P/BV 4.7 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 4.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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