First Trust Capital Strength ETF
ALTAR
Score™
4.7% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
24.0x 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) $7,792
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 49
Wgt avg mkt cap (mns) $252,884
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
TARGET CORP 2.6 %
NIKE INC -CL B 2.6 %
APPLE INC 2.4 %
EXPEDITORS INTL WASH INC 2.3 %
AMETEK INC 2.3 %
COSTCO WHOLESALE CORP 2.3 %
DOLLAR GENERAL CORP 2.3 %
ADOBE SYSTEMS INC 2.2 %
UNION PACIFIC CORP 2.2 %
ESTEE LAUDER COMPANIES-CL A 2.2 %
Total 23.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.9 %
IRELAND 2.0 %
SWITZERLAND 1.9 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
5.6% 12.7% 13.5% -- 12.3%

Market Correlations
versus... Beta R-squared
S&P500 0.89 97%
MSCI EAFE 0.89 79%
MSCI Emg. Mkts. 0.62 62%

Technical Indicators
Recent close $64.00
30d moving avg. $63.62
Annualized volatility 16.0%
Short interest (ETF) 0.2%
Short interest (Underlying) 2.2%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 567
Turnover 0.5%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $80,530

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 4.7%


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
(%)
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 36.4 12 46 4.7 -0.1
QUAL iShares MSCI Usa Quality Factor ETF 35.1 15 43 5.2 +0.5
JQUA JPMorgan U.S. Quality Factor ETF 34.5 12 46 5.2 +0.5
ACIO Aptus Collared Income Opportunity ETF 34.2 79 -21 4.2 -0.5
SPQQ Siren Large Cap Blend Index ETF 32.8 20 38 4.7 -0.0
CCOR Core Alternative ETF 31.7 109 -51 4.5 -0.3
XLG Invesco S&P 500 Top 50 ETF 30.4 20 38 4.3 -0.4
QUS SPDR MSCI USA StrategicFactors ETF 30.2 15 43 5.7 +1.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 30.2 60 -2 4.0 -0.8
ECOZ TrueMark ESG Active Opportunities ETF 30.0 58 0 3.6 -1.2
IWY iShares Russell Top 200 Growth ETF 29.4 20 38 3.7 -1.0
FLQL Franklin LibertyQ U.S. Equity ETF 29.4 15 43 6.0 +1.3
OEF iShares S&P 100 ETF 29.3 20 38 4.6 -0.1
GBLO Global Beta Low Beta ETF 29.1 29 29 7.2 +2.5
QLV FlexShares US Quality Low Volatility Index Fund 29.0 22 36 4.7 0.0
BKLC BNY Mellon US Large Cap Core Equity ETF 28.7 0 58 4.9 +0.2
IWL iShares Russell Top 200 ETF 28.5 15 43 4.8 +0.0
MGC Vanguard Mega Cap Index Fund 28.1 7 51 5.0 +0.2
SPXN ProShares S&P 500 Ex-Financials ETF 28.0 27 31 4.8 +0.0
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 27.9 25 33 5.8 +1.0
RFDA RiverFront Dynamic US Dividend Advantage ETF 27.7 52 6 4.9 +0.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 27.6 20 38 4.7 +0.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 27.5 19 39 5.9 +1.1
VFMV Vanguard U.S. Minimum Volatility ETF 27.2 13 45 4.3 -0.5
QLC FlexShares US Quality Large Cap Index Fund 27.1 32 26 5.0 +0.3
IWF iShares Russell 1000 Growth ETF 27.0 19 39 3.6 -1.1
FDLO Fidelity Low Volatility Factor ETF 27.0 29 29 5.1 +0.4
RFFC RiverFront Dynamic US Flex-Cap ETF 27.0 52 6 4.8 +0.1
SPHQ Invesco S&P 500 Quality ETF 26.9 15 43 4.5 -0.3
HSPX Global X S&P 500 Covered Call ETF 26.8 60 -2 4.8 +0.1
PBP Invesco S&P 500 BuyWrite ETF 26.8 49 9 4.8 +0.1
ADME Aptus Drawdown Managed Equity ETF 26.7 79 -21 3.3 -1.4
USMV iShares Edge MSCI Min Vol USA ETF 26.7 15 43 5.4 +0.7
VONG Vanguard Russell 1000 Growth Index Fund 26.6 8 50 3.7 -1.0
SPMV Invesco S&P 500 Minimum Variance ETF 26.4 10 48 5.6 +0.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 26.4 49 9 3.9 -0.8
SPXE ProShares S&P 500 Ex-Energy ETF 26.3 27 31 5.1 +0.3
XYLG Global X S&P 500 Covered Call & Growth ETF 26.3 60 -2 4.8 +0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 26.2 20 38 5.1 +0.4
SPY SPDR S&P 500 ETF Trust 26.0 9 49 5.1 +0.4
IVV iShares Core S&P 500 ETF 26.0 3 55 5.2 +0.5
VOOG Vanguard S&P 500 Growth ETF 26.0 10 48 4.1 -0.6
SPLG SPDR Portfolio Large Cap ETF 26.0 3 55 5.2 +0.5
SUSA iShares MSCI USA ESG Select ETF 26.0 25 33 4.6 -0.1
MTUM iShares Edge MSCI USA Momentum Factor ETF 26.0 15 43 4.1 -0.7
DGRO iShares Core Dividend Growth ETF 25.8 8 50 6.6 +1.8
VOO VANGUARD S&P 500 ETF 25.8 3 55 5.2 +0.5
ALTL Pacer Lunt Large Cap Alternator ETF 25.7 60 -2 5.1 +0.4
SPLV Invesco S&P 500 Low Volatility ETF 25.7 25 33 5.4 +0.7
EFIV SPDR S&P 500 ESG ETF 25.6 10 48 4.9 +0.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 25.6 29 29 5.8 +1.1
DEF Invesco Defensive Equity ETF 25.6 55 3 5.1 +0.4
SNPE Xtrackers S&P 500 ESG ETF 25.6 10 48 4.9 +0.2
IVW iShares S&P 500 Growth ETF 25.5 18 40 16.7 +12.0
SPYG SPDR Portfolio S&P 500 Growth ETF 25.5 4 54 4.2 -0.5
EPS WisdomTree U.S. Earnings 500 Fund 25.5 8 50 6.3 +1.6
FQAL Fidelity Quality Factor ETF 25.4 29 29 5.3 +0.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 25.4 7 51 5.0 +0.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 25.3 9 49 5.4 +0.6
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 25.3 15 43 6.1 +1.4
OUSA O'Shares FTSE US Quality Dividend ETF 25.3 48 10 5.7 +1.0
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 25.3 60 -2 3.0 -1.7
RECS Columbia Research Enhanced Core ETF 25.3 15 43 5.5 +0.7
AFLG First Trust Active Factor Large Cap ETF 25.2 55 3 5.2 +0.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 24.9 2 56 5.0 +0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 24.9 12 46 4.5 -0.2
FLRG Fidelity U.S. Multifactor ETF 24.9 29 29 6.2 +1.5
DGRW WisdomTree U.S. Quality Dividend Growth Fund 24.9 28 30 6.3 +1.6
PBUS Invesco PureBeta MSCI USA ETF 24.8 4 54 5.0 +0.3
VV Vanguard Large-Cap Index Fund 24.8 4 54 5.0 +0.3
HIPR Direxion High Growth ETF 24.8 40 18 4.4 -0.3
KRMA Global X Conscious Companies ETF 24.8 43 15 5.0 +0.3
ESGU iShares MSCI USA ESG Optimized ETF 24.8 15 43 4.9 +0.1
IUSG iShares Core S&P US Growth ETF 24.8 4 54 4.2 -0.5
FDMO Fidelity Momentum Factor ETF 24.7 29 29 3.2 -1.5
ESGV Vanguard ESG U.S. Stock ETF 24.7 12 46 4.9 +0.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 24.7 30 28 6.4 +1.7
SPTM SPDR Portfolio Total Stock Market ETF 24.5 3 55 5.3 +0.6
CATH Global X S&P 500 Catholic Values Custom ETF 24.4 29 29 4.9 +0.2
JKE iShares Morningstar Large-Cap Growth ETF 24.4 25 33 2.9 -1.9
MGK Vanguard Mega Cap Growth ETF 24.3 7 51 3.9 -0.8
EQWL Invesco Russell Top 200 Equal Weight ETF 24.3 25 33 6.1 +1.4
QYLD Global X NASDAQ 100 Covered Call ETF 24.2 60 -2 3.4 -1.3
HUSV First Trust Horizon Managed Volatility Domestic ETF 24.2 70 -12 5.6 +0.9
SCHX Schwab U.S. Large-Cap ETF 24.2 3 55 5.0 +0.3
FLLV Franklin Liberty U.S. Low Volatility ETF 24.1 29 29 5.4 +0.6
WOMN Impact Shares YWCA Women's Empowerment ETF 24.1 75 -17 4.2 -0.5
SPMO Invesco S&P 500 Momentum ETF 24.0 13 45 3.9 -0.9
IQSU IQ Candriam ESG US Equity ETF 23.9 9 49 4.9 +0.2
VIG Vanguard Dividend Appreciation Index Fund 23.9 6 52 5.1 +0.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 23.9 10 48 5.2 +0.4
IWB iShares Russell 1000 ETF 23.9 15 43 4.9 +0.2
SUSL iShares ESG MSCI USA Leaders ETF 23.8 10 48 5.1 +0.4
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 23.8 60 -2 3.4 -1.3
SCHK Schwab 1000 Index ETF 23.8 5 53 5.0 +0.3
SPXT ProShares S&P 500 Ex-Technology ETF 23.7 27 31 5.4 +0.7
IYY iShares Dow Jones U.S. ETF 23.6 20 38 4.9 +0.1
VONE Vanguard Russell 1000 ETF 23.5 8 50 5.0 +0.2
PFM Invesco Dividend Achievers ETF 23.5 53 5 5.2 +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 29.6 %
Divided by: Fwd. P/BV 5.6 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 4.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

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