First Trust Nasdaq Retail ETF
ALTAR
Score™
9.2% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
12.3x P/Sales
ratio
0.5x
P/BV
ratio
3.3x Div.
yield
2.5%


  • 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) $3
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 47
Wgt avg mkt cap (mns) $73,544
Large cap (>$10bn) 82.8%
Mid cap ($2-10bn) 16.3%
Small cap (<$2bn) 0.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
KROGER CO 11.4 %
WAL-MART STORES INC 9.9 %
TARGET CORP 6.5 %
SYSCO CORP 5.9 %
AUTOZONE INC 5.8 %
COSTCO WHOLESALE CORP 4.9 %
HOME DEPOT INC 4.4 %
DOLLAR GENERAL CORP 4.2 %
CVS CAREMARK CORP 4.1 %
TJX COMPANIES INC 4.1 %
Total 61.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.3 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-26.0% -17.5% -- -- -1.3%

Market Correlations
versus... Beta R-squared
S&P500 0.97 70%
MSCI EAFE 0.89 57%
MSCI Emg. Mkts. 0.59 37%

Technical Indicators
Recent close $17.20
30d moving avg. $20.37
Annualized volatility 17.7%
Short interest (ETF) 4.8%
Relative strength (RSI) 31

Liquidity measures
Avg. volume (thou.) 5
Turnover 2.5%
Bid/Ask (% of price) 0.93%
ADV underlying (mns) $42,103

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the First Trust Nasdaq Retail ETF 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™: 9.2%


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 ETF 55.2 35 25 6.5 -2.7
IEDI iShares Evolved U.S. Discretionary Spending ETF 35.2 18 42 5.8 -3.4
IYC iShares U.S. Consumer Services ETF 32.2 42 18 6.5 -2.7
JHMC John Hancock Multifactor Consumer Discretionary ETF 29.3 40 20 8.2 -1.0
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 28.2 60 0 6.7 -2.5
XRT SPDR S&P Retail ETF 26.3 35 25 12.3 +3.2
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 24.8 40 20 13.1 +3.9
XLY Consumer Discretionary Select Sector SPDR Fund 22.3 13 47 6.9 -2.2
XLP Consumer Staples Select Sector SPDR Fund 20.1 13 47 5.9 -3.3
JHMS John Hancock Multifactor Consumer Staples ETF 20.0 40 20 6.8 -2.4
VCR Vanguard Consumer Discretionary Index Fund 19.2 10 50 6.6 -2.5
VDC Vanguard Consumer Staples Index Fund 19.1 10 50 6.0 -3.2
FDIS Fidelity MSCI Consumer Discretionary Index ETF 18.5 8 52 6.3 -2.9
FSTA Fidelity MSCI Consumer Staples Index ETF 18.4 8 52 6.0 -3.2
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 17.4 75 -15 4.1 -5.1
RWL Invesco S&P 500 Revenue ETF 17.0 39 21 9.2 +0.0
RXI iShares Global Consumer Discretionary ETF 15.5 46 14 8.3 -0.9
FXG First Trust Consumer Staples AlphaDEX Fund 15.5 64 -4 8.8 -0.4
FXD First Trust Consumer Discretionary AlphaDEX Fund 15.0 64 -4 13.2 +4.0
RHS Invesco S&P 500 Equal Weight Consumer Staples ETF 14.6 40 20 6.9 -2.3
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 14.0 75 -15 7.5 -1.6
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 13.8 35 25 7.9 -1.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 13.5 29 31 8.2 -1.0
MILN Global X Millennials Thematic ETF 13.0 50 10 4.5 -4.7
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 12.8 29 31 5.6 -3.6
VIG Vanguard Dividend Appreciation Index Fund 12.2 6 54 6.3 -2.9
FLQL Franklin LibertyQ U.S. Equity ETF 11.6 15 45 8.0 -1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 11.5 19 41 7.6 -1.6
KXI iShares Global Consumer Staples ETF 11.3 46 14 5.9 -3.3
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 10.8 60 0 5.1 -4.1
TTFS AdvisorShares Wilshire Buyback ETF 10.7 91 -31 8.1 -1.1
SCHD Schwab U.S. Dividend Equity ETF 10.5 6 54 9.2 +0.0
VLU SPDR S&P 1500 Value Tilt ETF 10.4 12 48 9.6 +0.4
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 10.3 15 45 8.9 -0.3
VSDA VictoryShares Dividend Accelerator ETF 10.2 35 25 5.8 -3.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 10.2 75 -15 5.0 -4.2
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 10.1 49 11 6.1 -3.0
PFM Invesco Dividend Achievers ETF 10.0 54 6 6.4 -2.8
EDOW First Trust Dow 30 Equal Weight ETF 10.0 50 10 7.2 -1.9
HOMZ Hoya Capital Housing ETF 9.9 45 15 11.2 +2.1
DSTL Distillate US Fundamental Stability & Value ETF 9.6 39 21 7.7 -1.5
SPVU Invesco S&P 500 Enhanced Value ETF 9.6 13 47 15.9 +6.8
QVM Arrow QVM Equity Factor ETF 9.5 65 -5 14.5 +5.3
ADME Aptus Drawdown Managed Equity ETF 9.5 81 -21 5.4 -3.8
IUS Invesco Strategic US ETF 9.5 19 41 7.9 -1.3
RAFE PIMCO RAFI ESG U.S. ETF 9.4 29 31 10.3 +1.2
DIA SPDR Dow Jones Industrial Average ETF Trust 9.3 16 44 7.3 -1.9
FTCS First Trust Capital Strength ETF 8.9 60 0 6.1 -3.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 8.9 9 51 7.3 -1.9
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 8.8 30 30 8.5 -0.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 8.8 25 35 8.3 -0.9
ACIO Aptus Collared Income Opportunity ETF 8.8 79 -19 6.6 -2.5
RPV Invesco S&P 500 Pure Value ETF 8.8 35 25 17.6 +8.5
LRGF iShares Edge MSCI Multifactor USA ETF 8.6 20 40 9.0 -0.1
FMK First Trust Mega Cap AlphaDEX Fund 8.4 70 -10 7.0 -2.2
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 8.4 75 -15 7.0 -2.1
NOBL ProShares S&P 500 Dividend Aristocrats ETF 8.4 35 25 7.5 -1.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 8.3 25 35 8.4 -0.8
RBUS Nationwide Risk-Based U.S. Equity ETF 8.3 30 30 7.2 -2.0
ALFA AlphaClone Alternative Alpha ETF 8.1 65 -5 5.6 -3.6
AFLG First Trust Active Factor Large Cap ETF 8.0 55 5 7.7 -1.5
VLUE iShares Edge MSCI USA Value Factor ETF 7.9 15 45 14.4 +5.3
HUSV First Trust Horizon Managed Volatility Domestic ETF 7.9 70 -10 6.6 -2.5
RECS Columbia Research Enhanced Core ETF 7.9 15 45 7.5 -1.7
DJD Invesco Dow Jones Industrial Average Dividend ETF 7.8 7 53 8.3 -0.9
REVS Columbia Research Enhanced Value ETF 7.8 19 41 9.9 +0.7
ROUS Hartford Multifactor US Equity ETF 7.8 19 41 9.2 +0.1
PWB Invesco Dynamic Large Cap Growth ETF 7.7 55 5 4.6 -4.5
SPYB SPDR S&P 500 Buyback ETF 7.7 35 25 11.6 +2.4
EQWL Invesco Russell Top 200 Equal Weight ETF 7.5 25 35 7.5 -1.6
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 7.5 60 0 9.1 -0.1
PRF Invesco FTSE RAFI US 1000 ETF 7.5 39 21 9.2 +0.0
SHE SPDR SSGA Gender Diversity Index ETF 7.5 20 40 7.4 -1.7
ONEO SPDR Russell 1000 Momentum Focus ETF 7.4 20 40 9.4 +0.3
SPXT ProShares S&P 500 Ex-Technology ETF 7.4 27 33 7.3 -1.9
MXDU Nationwide Maximum Diversification US Core Equity ETF 7.3 34 26 6.8 -2.4
PDP Invesco DWA Momentum ETF 7.3 62 -2 4.4 -4.7
ESGS Columbia Sustainable U.S. Equity Income ETF 7.2 35 25 12.1 +3.0
GARD Reality Shares DIVCON Dividend Guard ETF 7.2 129 -69 4.7 -4.5
LSAF LeaderShares AlphaFactor US Core Equity ETF 7.1 75 -15 8.9 -0.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 7.1 17 43 8.9 -0.2
LRGE ClearBridge Large Cap Growth ESG ETF 7.1 60 0 5.4 -3.8
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 7.1 12 48 6.3 -2.9
LEAD Reality Shares DIVCON Leaders Dividend ETF 7.0 43 17 5.7 -3.5
RPG Invesco S&P 500 Pure Growth ETF 7.0 35 25 6.5 -2.7
VETS Pacer Military Times Best Employers ETF 7.0 60 0 8.5 -0.7
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 7.0 60 0 5.6 -3.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 7.0 35 25 5.8 -3.3
FDMO Fidelity Momentum Factor ETF 6.9 29 31 5.5 -3.7
SPMO Invesco S&P 500 Momentum ETF 6.9 13 47 5.3 -3.9
ACWF iShares FactorSelect MSCI Global ETF 6.9 35 25 10.1 +0.9
EPS WisdomTree U.S. Earnings 500 Fund 6.8 8 52 8.5 -0.7
PBJ Invesco Dynamic Food & Beverage ETF 6.8 63 -3 6.7 -2.5
IBUY Amplify Online Retail ETF 6.8 65 -5 -1.2 -10.4
CATH Global X S&P 500 Catholic Values Custom ETF 6.6 29 31 7.0 -2.2
FLLV Franklin Liberty U.S. Low Volatility ETF 6.6 29 31 7.1 -2.1
SCIU Global X Scientific Beta US ETF 6.6 19 41 7.6 -1.6
ACSI American Customer Satisfaction Core Alpha ETF 6.6 66 -6 7.4 -1.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 6.6 19 41 8.3 -0.9
ONEY SPDR Russell 1000 Yield Focus ETF 6.6 20 40 12.2 +3.0

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 Nasdaq Retail ETF
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 30.1 %
Divided by: Fwd. P/BV 3.1 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 9.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 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.