First Trust Indxx Global Natural Resources Income ETF
ALTAR
Score™
9.7% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
11.8x P/Sales
ratio
1.1x
P/BV
ratio
1.1x Div.
yield
7.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust Indxx Global Natural Resources Income ETF tracks the price and yield performance, before fees and expenses, to the Indxx Global Natural Resources Income Index.

FUND BASICS
Category Global Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Mar 11, 2010
Assets (mns) $6
Currency USD
Expense ratio 70 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 50
Wgt avg mkt cap (mns) $40,237
Large cap (>$10bn) 78.7%
Mid cap ($2-10bn) 19.1%
Small cap (<$2bn) 2.2%
Developed mkts 86.5%
Emerging mkts 13.5%

TOP TEN HOLDINGS
RIO TINTO PLC-SPON ADR 10.0 %
BHP BILLITON PLC-ADR 9.8 %
CONOCOPHILLIPS 9.6 %
ANGLO AMERICAN PLC 7.1 %
ARCHER-DANIELS-MIDLAND CO 4.6 %
CNOOC LTD-ADR 4.4 %
MMC NORILSK NICKEL OJSC 4.1 %
CANADIAN NATURAL RESOURCES 4.1 %
NUTRIEN LTD. 4.0 %
FORTESCUE METALS GROUP LTD 3.8 %
Total 61.5 %

TOP COUNTRY EXPOSURE
BRITAIN 33.1 %
UNITED STATES 23.2 %
CANADA 11.3 %
RUSSIA 8.3 %
HONG KONG 6.0 %
AUSTRALIA 3.7 %
NORWAY 2.8 %
TAIWAN 2.7 %
JAPAN 1.7 %
SOUTH AFRICA 1.3 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-20.9% -16.2% -6.7% -5.3% -7.9%

Market Correlations
versus... Beta R-squared
S&P500 0.98 70%
MSCI EAFE 1.16 86%
MSCI Emg. Mkts. 0.86 75%

Technical Indicators
Recent close $9.57
30d moving avg. $9.82
Annualized volatility 19.8%
Short interest (ETF) 1.2%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.3%
Bid/Ask (% of price) 0.34%
ADV underlying (mns) $3,391

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: FTRI Expense: 70 bp ALTAR Score™: 9.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FTRI
Ticker Fund
Name
Overlap1
vs FTRI
(%)
Expense
ratio
(bp)
Savings
vs FTRI
(bp)
ALTAR
Score™
(%)
ALTAR
vs FTRI
(%)
GUNR Flexshares Morningstar Global Upstream Natural Resources 18.1 46 24 5.9 -3.8
NANR SPDR S&P North American Natural Resources ETF 16.8 35 35 3.5 -6.2
VEGI iShares MSCI Global Agriculture Producers ETF 13.3 39 31 6.2 -3.5
HAP VanEck Vectors Natural Resources ETF 12.8 50 20 6.4 -3.3
PICK iShares MSCI Global Metals & Mining Producers ETF 12.4 39 31 7.7 -2.0
MOO VanEck Vectors Agribusiness ETF 11.9 56 14 5.6 -4.1
GRES IQ Global Resources ETF 11.2 77 -7 7.7 -2.0
GNR SPDR S&P Global Natural Resources ETF 10.7 40 30 6.7 -3.0
SLX VanEck Vectors Steel ETF 10.0 56 14 15.8 +6.1
IEO iShares U.S. Oil & Gas Exploration & Production ETF 9.6 42 28 3.6 -6.1
FRAK VanEck Vectors Unconventional Oil & Gas ETF 9.5 54 16 1.5 -8.2
FTAG First Trust Indxx Global Agriculture ETF 8.5 70 0 6.6 -3.1
SOIL Global X Fertilizers/Potash ETF 8.0 70 0 5.6 -4.1
FLRU Franklin FTSE Russia ETF 7.9 19 51 20.2 +10.5
ERUS iShares MSCI Russia ETF 7.2 59 11 16.2 +6.5
FILL iShares MSCI Global Energy Producers ETF 7.1 39 31 6.5 -3.2
PIO Invesco Global Water ETF 7.1 75 -5 4.0 -5.7
CGW Invesco S&P Global Water Index ETF 7.0 59 11 4.4 -5.3
IVAL Alpha Architect International Quantitative Value ETF 6.8 59 11 10.6 +0.9
JHME John Hancock Multifactor Energy ETF 6.6 40 30 3.8 -5.9
GCOW Pacer Global High Dividend ETF 6.4 60 10 10.5 +0.8
IYE iShares U.S. Energy ETF 6.1 42 28 4.0 -5.7
FENY Fidelity MSCI Energy Index ETF 5.9 8 62 4.3 -5.4
FTXG First Trust Nasdaq Food & Beverage ETF 5.9 60 10 6.5 -3.2
RHS Invesco S&P 500 Equal Weight Consumer Staples ETF 5.9 40 30 6.5 -3.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 5.8 65 5 11.3 +1.6
AFK VanEck Vectors Africa Index ETF 5.8 79 -9 8.9 -0.8
TBLU Tortoise Water Fund 5.7 40 30 5.0 -4.7
PXE Invesco Dynamic Energy Exploration & Production ETF 5.6 63 7 1.0 -8.7
FXG First Trust Consumer Staples AlphaDEX Fund 5.5 64 6 7.2 -2.5
IXC iShares Global Energy ETF 5.5 46 24 5.9 -3.8
OBOR KraneShares MSCI One Belt One Road Index ETF 5.3 79 -9 9.6 -0.1
RTM Invesco S&P 500 Equal Weight Materials ETF 5.1 40 30 6.4 -3.3
MXI iShares Global Materials ETF 5.1 46 24 6.2 -3.5
IGE iShares North American Natural Resources ETF 4.9 46 24 4.2 -5.5
FXZ First Trust Materials AlphaDEX Fund 4.9 65 5 7.4 -2.3
SDEM Global X SuperDividend Emerging Markets ETF 4.8 66 4 16.4 +6.7
JHMS John Hancock Multifactor Consumer Staples ETF 4.8 40 30 6.0 -3.7
VDE Vanguard Energy Index Fund 4.7 10 60 3.9 -5.8
FKU First Trust United Kingdom AlphaDEX Fund 4.6 80 -10 9.4 -0.3
GBDV Global Beta Smart Income ETF 4.6 29 41 8.9 -0.8
JHMA John Hancock Multifactor Materials ETF 4.5 40 30 7.0 -2.7
XLE Energy Select Sector SPDR Fund 4.5 13 57 4.5 -5.2
FCG First Trust Natural Gas ETF 4.2 60 10 4.0 -5.7
FTXN First Trust Nasdaq Oil & Gas ETF 4.1 60 10 2.2 -7.5
VRAI Virtus Real Asset Income ETF 4.1 55 15 11.3 +1.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.0 70 0 13.7 +4.0
WOOD iShares Global Timber & Forestry ETF 4.0 46 24 10.2 +0.5
CUT Invesco MSCI Global Timber ETF 4.0 61 9 9.3 -0.4
FYLD Cambria Foreign Shareholder Yield ETF 3.9 59 11 9.5 -0.2
RYE Invesco S&P 500 Equal Weight Energy ETF 3.9 40 30 3.7 -6.0
SPVU Invesco S&P 500 Enhanced Value ETF 3.8 13 57 11.6 +1.9
FCAN First Trust Canada AlphaDex Fund 3.8 80 -10 4.9 -4.8
FAUS First Trust Australia AlphaDEX Fund 3.8 80 -10 7.9 -1.8
PEY Invesco High Yield Equity Dividend Achievers ETF 3.6 53 17 9.2 -0.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.6 58 12 8.0 -1.7
DVYE iShares Emerging Markets Dividend ETF 3.6 49 21 16.7 +7.0
FLCA Franklin FTSE Canada ETF 3.6 9 61 7.4 -2.3
PXI Invesco DWA Energy Momentum ETF 3.6 60 10 4.2 -5.5
TPHD Timothy Plan High Dividend Stock ETF 3.5 52 18 7.8 -1.9
FXN First Trust Energy AlphaDEX Fund 3.5 65 5 -0.8 -10.5
XOP SPDR S&P Oil & Gas Exploration & Production ETF 3.5 35 35 3.6 -6.1
CEY VictoryShares Emerging Market High Dividend Volatility Wtd E 3.5 51 19 13.8 +4.2
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 3.4 35 35 8.7 -1.0
BBCA JPMorgan BetaBuilders Canada ETF 3.4 19 51 7.2 -2.5
EWC iShares MSCI Canada ETF 3.4 49 21 6.9 -2.8
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 3.3 45 25 10.2 +0.5
XLB Materials Select Sector SPDR Fund 3.2 13 57 6.0 -3.7
RDIV Invesco S&P Ultra Dividend Revenue ETF 3.2 39 31 11.3 +1.6
QCAN SPDR MSCI Canada Quality Mix ETF 3.2 14 56 7.2 -2.5
WBIY WBI Power Factor High Dividend ETF 3.1 70 0 12.5 +2.8
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 3.0 20 50 9.6 -0.1
FCPI Fidelity Stocks for Inflation ETF 3.0 29 41 7.0 -2.7
ONEY SPDR Russell 1000 Yield Focus ETF 2.9 20 50 9.4 -0.3
SPVM Invesco S&P 500 Value with Momentum ETF 2.9 39 31 9.3 -0.4
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 2.9 60 10 6.3 -3.4
COWZ Pacer US Cash Cows 100 ETF 2.9 49 21 10.9 +1.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 2.9 20 50 11.3 +1.6
JKI iShares Morningstar Mid-Cap Value ETF 2.8 30 40 9.3 -0.4
QINT American Century Quality Diversified International ETF 2.8 39 31 5.9 -3.8
FOVL iShares Focused Value Factor ETF 2.8 25 45 10.6 +0.9
FTA First Trust Large Cap Value AlphaDEX Fund 2.7 60 10 9.4 -0.3
IECS iShares Evolved U.S. Consumer Staples ETF 2.7 18 52 5.6 -4.1
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 2.7 35 35 8.7 -1.0
RPV Invesco S&P 500 Pure Value ETF 2.6 35 35 11.4 +1.7
IDV iShares International Select Dividend ETF 2.6 49 21 10.3 +0.6
DVY iShares Select Dividend ETF 2.6 39 31 9.8 +0.1
DWCR Arrow DWA Country Rotation ETF 2.6 95 -25 17.6 +7.9
VALQ American Century STOXX U.S. Quality Value ETF 2.6 29 41 9.2 -0.5
XLP Consumer Staples Select Sector SPDR Fund 2.5 13 57 5.6 -4.1
FMAT Fidelity MSCI Materials Index ETF 2.5 8 62 6.2 -3.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.4 49 21 9.0 -0.7
FLGB Franklin FTSE United Kingdom ETF 2.4 9 61 7.7 -2.0
VAW Vanguard Materials Index Fund 2.4 10 60 6.2 -3.5
DIM WisdomTree International MidCap Dividend Fund 2.4 58 12 7.9 -1.8
SYV SPDR MFS Systematic Value Equity ETF 2.4 60 10 7.6 -2.1
EWUS iShares MSCI United Kingdom Small Cap ETF 2.4 59 11 8.6 -1.1
PID Invesco International Dividend Achievers ETF 2.4 54 16 9.8 +0.1
JPIN JPMorgan Diversified Return International Equity ETF 2.3 37 33 8.1 -1.6
EWU iShares MSCI United Kingdom ETF 2.3 50 20 7.1 -2.6

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 Indxx Global Natural Resources Income ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.1 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 9.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 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.