First Trust Nasdaq Retail
ALTAR
Score™
6.5% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
17.9x P/Sales
ratio
0.8x
P/BV
ratio
4.9x Div.
yield
1.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust Nasdaq Retail ETF follows a liquidity-selected, multi-factor-weighted index of US retail companies.

FUND BASICS
Category Global Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Sep 20, 2016
Assets (mns) $8
Currency USD
Expense ratio 60 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Multi-Factor
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 48
Wgt avg mkt cap (mns) $84,068
Large cap (>$10bn) 82.3%
Mid cap ($2-10bn) 16.3%
Small cap (<$2bn) 1.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
WAL-MART STORES INC 7.7 %
AUTOZONE INC 7.3 %
TARGET CORP 7.2 %
HOME DEPOT INC 6.9 %
COSTCO WHOLESALE CORP 6.7 %
DICK'S SPORTING GOODS INC 4.4 %
CARMAX INC 4.4 %
O'REILLY AUTOMOTIVE INC 4.3 %
KROGER CO 4.2 %
SYSCO CORP 4.1 %
Total 57.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.9 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
14.3% 0.7% -- -- 7.0%

Market Correlations
versus... Beta R-squared
S&P500 0.86 50%
MSCI EAFE 0.56 18%
MSCI Emg. Mkts. 0.24 5%

Technical Indicators
Recent close $24.16
30d moving avg. $23.89
Annualized volatility 14.7%
Short interest (ETF) 0.6%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.9%
Bid/Ask (% of price) 0.34%
ADV underlying (mns) $15,813

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the First Trust Nasdaq Retail ETF based on the alternatives' overlap in portfolio holdings with FTXD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FTXD Expense: 60 bp ALTAR Score™: 6.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FTXD
Ticker Fund
Name
Overlap1
vs FTXD
(%)
Expense
ratio
(bp)
Savings
vs FTXD
(bp)
ALTAR
Score™
(%)
ALTAR
vs FTXD
(%)
RTH VanEck Vectors Retail 55.5 35 25 5.8 -0.7
PMR Invesco Dynamic Retail 40.5 63 -3 7.1 +0.6
IEDI iShares Evolved U.S. Discretionary Spending 40.1 18 42 5.0 -1.5
IYC iShares DJ US Consumer Services 35.8 42 18 5.0 -1.5
JHMC John Hancock Multifactor Consumer Discretionary 31.6 40 20 6.0 -0.5
XRT SPDR S&P Retail 28.3 35 25 8.9 +2.5
XLY Consumer Discretionary Select Sector SPDR 26.4 13 47 5.7 -0.8
RCD Invesco S&P Equal Weight Consumer Discretionary 25.1 40 20 8.5 +2.0
FDIS Fidelity MSCI Consumer Discrettionary 24.2 8 52 5.4 -1.1
VCR Vanguard Consumer Discretionary 24.2 10 50 5.5 -0.9
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum 23.1 75 -15 3.6 -2.9
JHMS John Hancock Multifactor Consumer Staples 20.4 40 20 7.7 +1.2
FSTA Fidelity MSCI Consumer Staples 19.7 8 52 5.5 -1.0
RXI iShares S&P Global Consumer Discretionary 19.3 46 14 6.8 +0.3
XLP Consumer Staples Select Sector SPDR 18.6 13 47 5.5 -1.0
VDC Vanguard Consumer Staples 18.5 10 50 5.5 -1.0
FXD First Trust Consumer Discretionary 17.9 64 -4 8.1 +1.6
PEZ Invesco DWA Consumer Discretionary Momentum 16.5 60 0 4.9 -1.6
MILN Global X Millennials Thematic 15.1 50 10 3.0 -3.5
RHS Invesco S&P Equal Weight Consumer Staples 14.9 40 20 6.6 +0.1

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

  2014 2015 2016 2017 2018 2019E 2020E
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

Content on this tab for subscribers only

VALUATION METRICS
  2018 2019E 2020E
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 Nasdaq Retail
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 29.2 %
Divided by: Fwd. P/BV 4.1 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.60 CATEGORY
AVERAGE
1.54
 
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.