First Trust Indxx Global Natural Resources Income ETF
ALTAR
Score™
14.6% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
7.7x P/Sales
ratio
0.5x
P/BV
ratio
0.9x Div.
yield
9.7%


  • 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 12, 2010
Assets (mns) $5
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) $25,556
Large cap (>$10bn) 62.2%
Mid cap ($2-10bn) 33.1%
Small cap (<$2bn) 4.7%
Developed mkts 77.6%
Emerging mkts 22.4%

TOP TEN HOLDINGS
RIO TINTO PLC-SPON ADR 10.7 %
ARCHER-DANIELS-MIDLAND CO 8.7 %
CNOOC LTD-ADR 7.1 %
MMC NORILSK NICKEL OJSC 6.8 %
UPM-KYMMENE OYJ 6.2 %
BHP BILLITON PLC-ADR 4.8 %
OCCIDENTAL PETROLEUM CORP 4.7 %
MARUBENI CORP 4.6 %
INTERNATIONAL PAPER CO 4.5 %
TATNEFT-CLS 4.4 %
Total 62.4 %

TOP COUNTRY EXPOSURE
BRITAIN 26.6 %
UNITED STATES 22.9 %
RUSSIA 16.2 %
HONG KONG 7.7 %
FINLAND 6.2 %
JAPAN 4.6 %
FRANCE 3.9 %
AUSTRALIA 1.4 %
CHINA 1.2 %
ISRAEL 1.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 29)
Year-to-date 1 year 5 years 10 years Since Incep.
-14.4% -8.1% -6.5% -- -7.4%

Market Correlations
versus... Beta R-squared
S&P500 0.85 57%
MSCI EAFE 1.02 72%
MSCI Emg. Mkts. 0.78 61%

Technical Indicators
Recent close $8.29
30d moving avg. $9.78
Annualized volatility 14.8%
Short interest (ETF) 1.1%
Relative strength (RSI) 33

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.3%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $1,404

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™: 14.6%


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
(%)
TBLU Tortoise Water Fund 14.7 40 30 5.9 -8.7
CGW Invesco S&P Global Water Index ETF 14.5 62 8 4.9 -9.7
PIO Invesco Global Water ETF 13.8 75 -5 4.9 -9.7
CUT Invesco MSCI Global Timber ETF 12.2 55 15 11.4 -3.2
FLRU Franklin FTSE Russia ETF 11.5 19 51 23.0 +8.4
ERUS iShares MSCI Russia ETF 11.1 59 11 20.2 +5.6
SLX VanEck Vectors Steel ETF 10.9 56 14 23.7 +9.1
VEGI iShares MSCI Global Agriculture Producers ETF 10.8 39 31 7.3 -7.3
FTXG First Trust Nasdaq Food & Beverage ETF 10.4 60 10 7.1 -7.5
GUNR Flexshares Morningstar Global Upstream Natural Resources 9.7 46 24 8.0 -6.6
WOOD iShares Global Timber & Forestry ETF 9.0 46 24 12.5 -2.0
GNR SPDR S&P Global Natural Resources ETF 8.4 40 30 8.7 -5.8
NANR SPDR S&P North American Natural Resources ETF 7.8 35 35 5.4 -9.2
GRES IQ Global Resources ETF 7.5 77 -7 9.3 -5.3
HAP VanEck Vectors Natural Resources ETF 7.1 50 20 8.4 -6.1
OBOR KraneShares MSCI One Belt One Road Index ETF 7.1 79 -9 11.6 -3.0
MOO VanEck Vectors Agribusiness ETF 6.7 54 16 6.9 -7.7
SDEM Global X SuperDividend Emerging Markets ETF 6.6 67 3 26.5 +11.9
EFNL iShares MSCI Finland Capped ETF 6.2 53 17 7.7 -6.8
SDIV Global X SuperDividend ETF 6.0 58 12 23.2 +8.6
PBJ Invesco Dynamic Food & Beverage ETF 5.1 63 7 6.3 -8.3
DVYE iShares Emerging Markets Dividend ETF 5.1 49 21 15.0 +0.5
IQDF FlexShares International Quality Dividend Index Fund 5.0 47 23 12.1 -2.5
CEY VictoryShares Emerging Market High Dividend Volatility Wtd E 5.0 51 19 20.4 +5.8
IQDE FlexShares International Quality Dividend Defensive Index Fd 4.9 47 23 11.4 -3.1
FRAK VanEck Vectors Unconventional Oil & Gas ETF 4.8 54 16 5.4 -9.1
PICK iShares MSCI Global Metals & Mining Producers ETF 4.7 39 31 10.9 -3.7
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.7 70 0 15.8 +1.3
IQDY FlexShares International Quality Dividend Dynamic Index Fund 4.6 47 23 12.8 -1.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 4.4 65 5 15.2 +0.6
RDIV Invesco S&P Ultra Dividend Revenue ETF 4.2 39 31 14.2 -0.4
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.9 39 31 13.6 -1.0
DVP Deep Value ETF 3.9 59 11 20.6 +6.0
VRAI Virtus Real Asset Income ETF 3.8 55 15 13.0 -1.6
FXZ First Trust Materials AlphaDEX Fund 3.8 65 5 10.1 -4.5
SDOG ALPS Sector Dividend Dogs ETF 3.7 40 30 13.2 -1.4
FTAG First Trust Indxx Global Agriculture ETF 3.7 70 0 8.3 -6.3
DOO WisdomTree International Dividend ex-Financials Fund 3.6 58 12 10.7 -3.9
EEMO Invesco S&P Emerging Markets Momentum ETF 3.6 30 40 10.6 -4.0
JHMA John Hancock Multifactor Materials ETF 3.6 40 30 8.7 -5.9
FKU First Trust United Kingdom AlphaDEX Fund 3.6 80 -10 13.3 -1.3
FXG First Trust Consumer Staples AlphaDEX Fund 3.5 64 6 8.4 -6.2
GCOW Pacer Global High Dividend ETF 3.4 60 10 13.1 -1.4
JHMS John Hancock Multifactor Consumer Staples ETF 3.4 40 30 6.5 -8.0
PEY Invesco High Yield Equity Dividend Achievers ETF 3.4 53 17 9.4 -5.2
WBIY WBI Power Factor High Dividend ETF 3.3 70 0 19.6 +5.0
DIET Defiance Next Gen Food & Agriculture ETF 3.3 30 40 5.7 -8.8
RTM Invesco S&P 500 Equal Weight Materials ETF 3.3 40 30 8.0 -6.6
FEM First Trust Emerging Markets AlphaDEX Fund 3.3 80 -10 14.4 -0.2
FDL First Trust Morningstar Dividend Leaders Index Fund 3.2 45 25 10.7 -3.8
DEM WisdomTree Emerging Markets High Dividend Fund 3.2 63 7 16.7 +2.1
DIM WisdomTree International MidCap Dividend Fund 3.2 58 12 9.8 -4.8
COWZ Pacer US Cash Cows 100 ETF 3.1 49 21 13.0 -1.5
DTN WisdomTree U.S. Dividend ex-Financials Fund 3.1 38 32 9.7 -4.8
FDVV Fidelity Core Dividend ETF 3.0 29 41 9.3 -5.2
RPV Invesco S&P 500 Pure Value ETF 2.8 35 35 16.0 +1.5
QVAL Alpha Architect U.S. Quantitative Value ETF 2.8 49 21 16.4 +1.8
IGE iShares North American Natural Resources ETF 2.7 46 24 6.5 -8.1
IDV iShares International Select Dividend ETF 2.7 49 21 14.7 +0.1
JKI iShares Morningstar Mid-Cap Value ETF 2.6 30 40 12.3 -2.3
FILL iShares MSCI Global Energy Producers ETF 2.6 39 31 9.4 -5.2
DWCR Arrow DWA Country Rotation ETF 2.6 95 -25 6.3 -8.3
RHS Invesco S&P 500 Equal Weight Consumer Staples ETF 2.6 40 30 6.7 -7.8
LVHI Legg Mason International Low Volatility High Dividend ETF 2.6 40 30 11.4 -3.2
RSX VanEck Vectors Russia ETF 2.6 65 5 18.0 +3.4
RYE Invesco S&P 500 Equal Weight Energy ETF 2.6 40 30 6.1 -8.5
EQRR ProShares Equities for Rising Rates ETF 2.5 35 35 11.5 -3.1
KOL VanEck Vectors Coal ETF 2.5 60 10 22.5 +7.9
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 2.4 20 50 12.8 -1.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.4 47 23 7.5 -7.1
USDY Pacific Global US Equity Income ETF 2.4 29 41 10.0 -4.5
CDL Victory CEMP US Large Cap High Dividend Volatility Wtd Idx E 2.4 35 35 10.8 -3.8
VALX Validea Market Legends ETF 2.4 79 -9 18.0 +3.4
XLB Materials Select Sector SPDR Fund 2.4 13 57 7.6 -7.0
CID Victory CEMP Intl High Dividend Volatility Wtd Index ETF 2.3 45 25 14.6 +0.0
WDIV SPDR Global Dividend ETF 2.3 40 30 12.3 -2.3
JPIN JPMorgan Diversified Return International Equity ETF 2.3 38 32 9.5 -5.1
IVAL Alpha Architect International Quantitative Value ETF 2.3 59 11 13.7 -0.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.2 60 10 13.6 -1.0
GBDV Global Beta Smart Income ETF 2.2 29 41 13.9 -0.7
RFDI First Trust Riverfront Dynamic Developed International ETF 2.2 83 -13 7.8 -6.8
FEUZ First Trust Eurozone AlphaDEX ETF 2.2 80 -10 10.0 -4.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.2 46 24 6.4 -8.1
JHME John Hancock Multifactor Energy ETF 2.2 40 30 6.9 -7.7
LVHD Legg Mason Low Volatility High Dividend ETF 2.2 27 43 8.2 -6.4
JXI iShares Global Utilities ETF 2.1 46 24 6.2 -8.4
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 2.1 30 40 11.0 -3.6
XLE Energy Select Sector SPDR Fund 2.1 13 57 7.0 -7.6
RDVY First Trust Rising Dividend Achievers ETF 2.1 50 20 9.5 -5.1
VAW Vanguard Materials Index Fund 2.1 10 60 8.1 -6.5
XOP SPDR S&P Oil & Gas Exploration & Production ETF 2.0 35 35 7.4 -7.2
FMAT Fidelity MSCI Materials Index ETF 2.0 8 62 8.1 -6.5
JPEU JPMorgan Diversified Return Europe Equity ETF 2.0 37 33 8.7 -5.9
EWUS iShares MSCI United Kingdom Small Cap ETF 2.0 59 11 10.9 -3.7
BUYN USCF SummerHaven SHPEN Index Fund 2.0 80 -10 23.2 +8.6
FEP First Trust Europe AlphaDEX Fund 1.9 80 -10 10.9 -3.6
SYLD Cambria Shareholder Yield ETF 1.9 59 11 14.1 -0.5
MXI iShares Global Materials ETF 1.9 46 24 8.2 -6.4
SPYD SPDR S&P 500 High Dividend ETF 1.9 7 63 13.2 -1.4
ISEM Invesco Strategic Emerging Markets ETF 1.9 35 35 12.2 -2.3

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 13.6 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 14.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 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.