First Trust Nasdaq Food & Beverage ETF
ALTAR
Score™
5.8% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
19.1x P/Sales
ratio
1.2x
P/BV
ratio
2.4x Div.
yield
2.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust Nasdaq Food & Beverage ETF follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies.

FUND BASICS
Category US Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Sep 20, 2016
Assets (mns) $2
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 30
Wgt avg mkt cap (mns) $29,360
Large cap (>$10bn) 71.4%
Mid cap ($2-10bn) 24.5%
Small cap (<$2bn) 4.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
DARLING INTERNATIONAL INC 10.8 %
ARCHER-DANIELS-MIDLAND CO 8.9 %
GENERAL MILLS INC 7.5 %
JM SMUCKER CO/THE 7.5 %
KELLOGG CO 7.2 %
BOSTON BEER COMPANY INC-CL A 4.8 %
HORMEL FOODS CORP 3.8 %
CONAGRA FOODS INC 3.8 %
MONSTER BEVERAGE CORPORATION 3.7 %
MEDIFAST INC 3.7 %
Total 61.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.5 %
CAYMAN ISLANDS 1.4 %









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.
-3.4% 0.7% -- -- 2.5%

Market Correlations
versus... Beta R-squared
S&P500 0.75 70%
MSCI EAFE 0.75 57%
MSCI Emg. Mkts. 0.54 48%

Technical Indicators
Recent close $21.16
30d moving avg. $21.47
Annualized volatility 15.9%
Short interest (ETF) 5.6%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 1
Turnover 1.0%
Bid/Ask (% of price) 0.73%
ADV underlying (mns) $5,704

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the First Trust Nasdaq Food & Beverage ETF ETF based on the alternatives' overlap in portfolio holdings with FTXG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FTXG Expense: 60 bp ALTAR Score™: 5.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FTXG
Ticker Fund
Name
Overlap1
vs FTXG
(%)
Expense
ratio
(bp)
Savings
vs FTXG
(bp)
ALTAR
Score™
(%)
ALTAR
vs FTXG
(%)
RHS Invesco S&P 500 Equal Weight Consumer Staples ETF 45.4 40 20 6.6 +0.8
PBJ Invesco Dynamic Food & Beverage ETF 41.8 63 -3 6.6 +0.7
FXG First Trust Consumer Staples AlphaDEX Fund 39.9 64 -4 7.7 +1.8
JHMS John Hancock Multifactor Consumer Staples ETF 39.4 40 20 5.9 +0.0
IECS iShares Evolved U.S. Consumer Staples ETF 32.3 18 42 5.5 -0.3
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 27.5 60 0 6.6 +0.8
PSL Invesco DWA Consumer Staples Momentum ETF 27.2 60 0 5.8 -0.1
VDC Vanguard Consumer Staples Index Fund 25.7 10 50 5.5 -0.4
FSTA Fidelity MSCI Consumer Staples Index ETF 24.8 8 52 5.5 -0.4
XLP Consumer Staples Select Sector SPDR Fund 24.7 13 47 5.5 -0.4
IYK iShares U.S. Consumer Goods ETF 20.1 43 17 4.9 -0.9
VEGI iShares MSCI Global Agriculture Producers ETF 16.0 39 21 5.5 -0.4
KXI iShares Global Consumer Staples ETF 15.1 46 14 5.5 -0.3
ALTL Pacer Lunt Large Cap Alternator ETF 14.3 60 0 5.3 -0.5
SPLV Invesco S&P 500 Low Volatility ETF 14.2 25 35 5.7 -0.2
LVHD Legg Mason Low Volatility High Dividend ETF 13.5 27 33 8.3 +2.5
JMIN JPMorgan U.S. Minimum Volatility ETF 12.4 12 48 5.6 -0.3
LSLT Salt Low truBeta US Market ETF 11.9 60 0 5.9 +0.1
MOO VanEck Vectors Agribusiness ETF 11.6 56 4 5.4 -0.4
GRES IQ Global Resources ETF 11.5 78 -18 7.5 +1.7
FTCS First Trust Capital Strength ETF 10.9 58 2 5.0 -0.9
VSL Volshares Large Capital ETF 9.3 65 -5 7.2 +1.4
NOBL ProShares S&P 500 Dividend Aristocrats ETF 9.0 35 25 6.2 +0.4
NANR SPDR S&P North American Natural Resources ETF 9.0 35 25 3.9 -1.9
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 8.9 75 -15 5.8 -0.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 8.9 34 26 4.7 -1.2
DIV Global X SuperDividend US ETF 8.7 46 14 6.1 +0.3
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 8.6 35 25 9.0 +3.2
DTN WisdomTree U.S. Dividend ex-Financials Fund 8.5 38 22 8.2 +2.4
SPMV Invesco S&P 500 Minimum Variance ETF 8.4 10 50 5.8 -0.0
ACT AdvisorShares Vice ETF 8.3 99 -39 5.3 -0.6
GUNR Flexshares Morningstar Global Upstream Natural Resources 8.2 46 14 6.6 +0.8
HAP VanEck Vectors Natural Resources ETF 8.2 50 10 6.5 +0.7
RBUS Nationwide Risk-Based U.S. Equity ETF 8.0 30 30 4.8 -1.1
USDY Pacific Global US Equity Income ETF 7.9 29 31 7.0 +1.2
HUSV First Trust Horizon Managed Volatility Domestic ETF 7.8 70 -10 5.9 +0.0
TPHD Timothy Plan High Dividend Stock ETF 7.8 52 8 7.5 +1.7
GBLO Global Beta Low Beta ETF 7.6 29 31 7.5 +1.7
JOYY Infusive Compounding Global Equities ETF 7.5 50 10 3.7 -2.2
SPVM Invesco S&P 500 Value with Momentum ETF 7.3 39 21 9.0 +3.2
USMV iShares Edge MSCI Min Vol USA ETF 7.3 15 45 5.7 -0.2
TMDV ProShares Russell US Dividend Growers ETF 7.1 36 24 5.8 -0.1
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 6.7 35 25 9.1 +3.2
FTHI First Trust High Income ETF 6.6 85 -25 5.1 -0.8
MOAT VanEck Vectors Morningstar Wide Moat ETF 6.6 49 11 7.1 +1.2
RPV Invesco S&P 500 Pure Value ETF 6.6 35 25 11.0 +5.2
FTRI First Trust Indxx Global Natural Resources Income ETF 6.5 70 -10 10.0 +4.2
VSDA VictoryShares Dividend Accelerator ETF 6.5 35 25 4.9 -1.0
DURA VanEck Vectors Morningstar Durable Dividend ETF 6.4 29 31 8.8 +3.0
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 6.4 56 4 6.8 +0.9
JKI iShares Morningstar Mid-Cap Value ETF 6.4 30 30 9.0 +3.2
NULV Nuveen ESG Large-Cap Value ETF 6.3 35 25 7.4 +1.6
FTLB First Trust Hedged BuyWrite Income ETF 6.3 85 -25 4.9 -1.0
IJK iShares S&P Mid-Cap 400 Growth ETF 6.2 24 36 5.0 -0.9
FDG American Century Focused Dynamic Growth ETF 6.1 45 15 1.7 -4.2
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 6.1 60 0 3.8 -2.0
SDY SPDR S&P Dividend ETF 6.0 35 25 7.3 +1.4
FVD First Trust Value Line Dividend Index Fund 6.0 70 -10 6.4 +0.5
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 5.8 17 43 6.9 +1.1
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 5.7 20 40 7.7 +1.8
FTA First Trust Large Cap Value AlphaDEX Fund 5.7 60 0 9.3 +3.5
VYM Vanguard High Dividend Yield Index ETF 5.5 6 54 7.7 +1.8
VTV Vanguard Value Index Fund 5.3 4 56 7.6 +1.7
QUS SPDR MSCI USA StrategicFactors ETF 5.3 15 45 5.9 +0.1
PWV Invesco Dynamic Large Cap Value ETF 5.3 56 4 8.6 +2.7
VOOV Vanguard S&P 500 Value ETF 5.3 10 50 7.5 +1.7
QLV FlexShares US Quality Low Volatility Index Fund 5.3 22 38 4.9 -0.9
TTFS AdvisorShares Wilshire Buyback ETF 5.2 91 -31 6.4 +0.6
CWS AdvisorShares Focused Equity ETF 5.2 85 -25 5.5 -0.4
ESGS Columbia Sustainable U.S. Equity Income ETF 5.1 35 25 9.0 +3.2
DLN WisdomTree U.S. LargeCap Dividend Fund 5.1 28 32 6.6 +0.8
DGRO iShares Core Dividend Growth ETF 5.1 8 52 6.9 +1.0
PSET Principal Price Setters Index ETF 5.1 15 45 5.0 -0.9
HDV iShares Core High Dividend ETF 5.0 8 52 7.5 +1.6
MGV Vanguard Mega Cap Value ETF 5.0 7 53 7.5 +1.6
DEF Invesco Defensive Equity ETF 5.0 55 5 5.3 -0.5
RAFE PIMCO RAFI ESG U.S. ETF 5.0 29 31 7.9 +2.0
PFM Invesco Dividend Achievers ETF 5.0 53 7 5.5 -0.4
SCHD Schwab U.S. Dividend Equity ETF 5.0 6 54 8.2 +2.3
SPYV SPDR Portfolio S&P 500 Value ETF 5.0 4 56 7.5 +1.7
IVE iShares S&P 500 Value ETF 5.0 18 42 7.4 +1.6
KLCD KFA Large Cap Quality Dividend Index ETF 5.0 42 18 5.6 -0.3
FLQL Franklin LibertyQ U.S. Equity ETF 5.0 15 45 6.3 +0.4
GBDV Global Beta Smart Income ETF 5.0 29 31 10.6 +4.7
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 5.0 30 30 5.7 -0.2
VOE Vanguard Mid-Cap Value Index Fund 4.9 7 53 7.8 +1.9
SUSA iShares MSCI USA ESG Select ETF 4.9 25 35 4.8 -1.1
GNR SPDR S&P Global Natural Resources ETF 4.9 40 20 6.9 +1.1
EVX VanEck Vectors Environmental Services ETF 4.8 55 5 4.0 -1.8
VETS Pacer Military Times Best Employers ETF 4.8 60 0 7.2 +1.4
DTD WisdomTree U.S.Total Dividend Fund 4.8 28 32 6.9 +1.0
KRMA Global X Conscious Companies ETF 4.8 43 17 5.2 -0.7
IUSV iShares Core S&P U.S. Value ETF 4.8 4 56 7.6 +1.8
FVL First Trust Value Line 100 Exchange-Traded Fund 4.8 70 -10 5.4 -0.4
SCHV Schwab U.S. Large-Cap Value ETF 4.8 4 56 7.0 +1.2
ABEQ Absolute Core Strategy ETF 4.7 88 -28 4.7 -1.1
SPQQ Siren Large Cap Blend Index ETF 4.7 20 40 4.9 -0.9
DHS WisdomTree U.S. High Dividend Fund 4.6 38 22 9.1 +3.2
CFA VictoryShares US 500 Volatility Weighted Index ETF 4.6 35 25 5.8 -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

  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 Nasdaq Food & Beverage ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.3 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 5.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 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.