First Trust Nasdaq Transportation ETF
ALTAR
Score™
6.4% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
-21.1x P/Sales
ratio
0.8x
P/BV
ratio
2.3x Div.
yield
1.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust Nasdaq Transportation ETF tracks an index composed of 30 U.S. transportation companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors.

FUND BASICS
Category Global Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Sep 20, 2016
Assets (mns) $6
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) $39,744
Large cap (>$10bn) 68.2%
Mid cap ($2-10bn) 29.4%
Small cap (<$2bn) 2.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TESLA MOTORS INC 9.8 %
EXPEDITORS INTL WASH INC 7.5 %
OLD DOMINION FREIGHT LINE 7.5 %
GENERAL MOTORS CO 7.4 %
C.H. ROBINSON WORLDWIDE INC 7.4 %
UNITED PARCEL SERVICE-CL B 4.2 %
BORGWARNER INC 4.2 %
HUNT (JB) TRANSPRT SVCS INC 3.8 %
KNIGHT-SWIFT TRANSPORTATION HOLDIN 3.8 %
UNION PACIFIC CORP 3.8 %
Total 59.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.4 %
IRELAND 1.8 %









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.
-21.0% -18.2% -- -- -0.4%

Market Correlations
versus... Beta R-squared
S&P500 1.37 83%
MSCI EAFE 1.43 79%
MSCI Emg. Mkts. 1.02 63%

Technical Indicators
Recent close $19.51
30d moving avg. $19.16
Annualized volatility 25.5%
Short interest (ETF) 0.6%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 6
Turnover 2.0%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $24,843

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: FTXR Expense: 60 bp ALTAR Score™: 6.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FTXR
Ticker Fund
Name
Overlap1
vs FTXR
(%)
Expense
ratio
(bp)
Savings
vs FTXR
(bp)
ALTAR
Score™
(%)
ALTAR
vs FTXR
(%)
XTN SPDR S&P Transportation ETF 42.4 35 25 5.7 -0.7
IYT iShares Transportation Average ETF 38.8 42 18 5.3 -1.1
RGI Invesco S&P 500 Equal Weight Industrials ETF 20.2 40 20 5.7 -0.7
XLI Industrial Select Sector SPDR Fund 18.5 13 47 5.9 -0.6
JHMI John Hancock Multifactor Industrials ETF 18.1 40 20 6.1 -0.4
CARZ First Trust NASDAQ Global Auto Index Fund 17.1 70 -10 15.2 +8.8
VIS Vanguard Industrials Index Fund 16.3 10 50 5.9 -0.5
FXD First Trust Consumer Discretionary AlphaDEX Fund 15.5 64 -4 7.9 +1.4
FIDU Fidelity MSCI Industrials Index ETF 14.9 8 52 6.0 -0.5
XKST SPDR Kensho Smart Mobility ETF 12.5 45 15 5.3 -1.1
IDRV iShares Self-driving EV & Tech ETF 12.3 47 13 7.2 +0.7
JETS US Global Jets ETF 12.2 60 0 4.5 -1.9
IYK iShares U.S. Consumer Goods ETF 12.1 42 18 5.3 -1.2
IYJ iShares U.S. Industrials ETF 11.8 42 18 5.9 -0.5
EXI iShares Global Industrials ETF 11.0 46 14 6.2 -0.3
ACSI American Customer Satisfaction Core Alpha ETF 10.7 66 -6 5.8 -0.6
DRIV Global X Autonomous & Electric Vehicles ETF 10.3 68 -8 5.6 -0.8
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 10.0 40 20 6.8 +0.3
ARKQ Ark Industrial Innovation ETF 9.8 75 -15 0.7 -5.8
ARKW ARK Web x.0 ETF 9.8 76 -16 -0.8 -7.3
ARKK ARK Innovation ETF 9.8 75 -15 -2.9 -9.4
GEX VanEck Vectors Global Alternative Energy ETF 9.6 62 -2 4.6 -1.9
GURU Global X Guru Index ETF 9.5 75 -15 3.9 -2.6
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 9.4 60 0 0.4 -6.1
LOUP Innovator Loup Frontier Tech ETF 9.3 70 -10 4.0 -2.4
PAVE Global X U.S. Infrastructure Development ETF 8.5 47 13 5.8 -0.6
SPYB SPDR S&P 500 Buyback ETF 8.2 0 60 0.0 -6.4
FDIS Fidelity MSCI Consumer Discretionary Index ETF 8.1 8 52 3.6 -2.9
INFR Legg Mason Global Infrastructure ETF 8.1 40 20 6.1 -0.4
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 7.9 63 -3 7.1 +0.6
IQM Franklin Intelligent Machines ETF 7.8 50 10 2.1 -4.4
ONEY SPDR Russell 1000 Yield Focus ETF 7.8 20 40 9.4 +2.9
BVAL Brand Value ETF 7.6 65 -5 6.2 -0.3
GMAN Goldman Sachs Motif Manufacturing Revolution ETF 7.6 50 10 4.1 -2.4
RPV Invesco S&P 500 Pure Value ETF 7.4 35 25 11.3 +4.8
VCR Vanguard Consumer Discretionary Index Fund 7.4 10 50 4.0 -2.4
MOTO SmartETFs Smart Transportation & Technology ETF 7.4 68 -8 7.9 +1.4
PKW Invesco Buyback Achievers ETF 7.3 62 -2 6.9 +0.4
JHMC John Hancock Multifactor Consumer Discretionary ETF 6.9 40 20 4.4 -2.1
BIBL Inspire ETF 6.8 35 25 4.9 -1.6
XNTK SPDR NYSE Technology ETF 6.8 35 25 3.7 -2.8
VLUE iShares Edge MSCI USA Value Factor ETF 6.7 15 45 11.5 +5.0
FDG American Century Focused Dynamic Growth ETF 6.6 45 15 1.8 -4.7
SLT Salt TruBeta High Exposure ETF 6.5 29 31 9.5 +3.1
TPHD Timothy Plan High Dividend Stock ETF 6.5 52 8 7.7 +1.3
EKAR Innovation Shares NextGen Vehicles & Technology ETF 6.5 95 -35 8.6 +2.2
FTA First Trust Large Cap Value AlphaDEX Fund 6.5 60 0 9.3 +2.9
QVAL Alpha Architect U.S. Quantitative Value ETF 6.4 49 11 12.4 +6.0
PMOM Principal Sustainable Momentum Index ETF 6.4 29 31 9.1 +2.7
MAGA Point Bridge GOP Stock Tracker ETF 6.2 72 -12 6.6 +0.1
VETS Pacer Military Times Best Employers ETF 6.1 60 0 7.0 +0.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 6.1 29 31 9.9 +3.5
DVP Deep Value ETF 6.1 59 1 12.2 +5.8
ACES ALPS Clean Energy ETF 6.0 65 -5 1.0 -5.5
AUSF Global X Adaptive U.S. Factor ETF 6.0 27 33 8.0 +1.6
SPVU Invesco S&P 500 Enhanced Value ETF 5.9 13 47 11.5 +5.1
FMK First Trust Mega Cap AlphaDEX Fund 5.9 70 -10 5.2 -1.2
PEXL Pacer US Export Leaders ETF 5.9 60 0 6.1 -0.4
PVAL Principal Contrarian Value Index ETF 5.8 29 31 10.2 +3.7
RWL Invesco S&P 500 Revenue ETF 5.6 39 21 7.3 +0.9
SPGP Invesco S&P 500 GARP ETF 5.6 35 25 7.3 +0.8
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 5.5 20 40 7.7 +1.2
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 5.3 25 35 6.0 -0.4
LIT Global X Lithium & Battery Tech ETF 5.3 75 -15 3.4 -3.0
FNK First Trust Mid Cap Value AlphaDEX Fund 5.3 70 -10 10.4 +3.9
RFV Invesco S&P Midcap 400 Pure Value ETF 5.3 35 25 10.8 +4.3
JKI iShares Morningstar Mid-Cap Value ETF 5.2 30 30 9.3 +2.8
SPDV AAM S&P 500 High Dividend Value ETF 5.2 29 31 11.0 +4.6
TPLC Timothy Plan US Large Cap Core ETF 5.2 52 8 5.5 -0.9
SCHD Schwab U.S. Dividend Equity ETF 5.1 6 54 8.3 +1.8
FEX First Trust Large Cap Core AlphaDEX Fund 5.1 60 0 6.0 -0.4
IUS Invesco Strategic US ETF 5.1 19 41 6.7 +0.3
EQWL Invesco Russell Top 200 Equal Weight ETF 5.0 25 35 6.2 -0.3
DGRW WisdomTree U.S. Quality Dividend Growth Fund 4.9 28 32 6.5 +0.1
XLY Consumer Discretionary Select Sector SPDR Fund 4.9 13 47 4.1 -2.3
DSTL Distillate US Fundamental Stability & Value ETF 4.8 39 21 6.6 +0.1
SDG iShares Sustainable MSCI Global Impact ETF 4.8 49 11 5.9 -0.6
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 4.8 30 30 6.0 -0.5
FAB First Trust Multi Cap Value AlphaDEX Fund 4.7 71 -11 9.7 +3.2
RWK Invesco S&P MidCap 400 Revenue ETF 4.7 39 21 8.2 +1.8
DVLU First Trust Dorsey Wright Momentum & Value ETF 4.6 60 0 5.9 -0.5
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 4.6 17 43 6.6 +0.1
QSY WisdomTree U.S. LargeCap Value Fund 4.5 38 22 6.9 +0.5
JKG iShares Morningstar Mid-Cap ETF 4.5 25 35 5.6 -0.9
ECOZ TrueMark ESG Active Opportunities ETF 4.5 58 2 4.4 -2.1
FLQL Franklin LibertyQ U.S. Equity ETF 4.5 15 45 6.3 -0.1
RVRS Reverse Cap Weighted U.S. Large Cap ETF 4.5 29 31 8.3 +1.8
ONEV SPDR Russell 1000 Low Volatility Focus ETF 4.5 20 40 7.1 +0.7
VEGN US Vegan Climate ETF 4.4 60 0 5.2 -1.2
SYLD Cambria Shareholder Yield ETF 4.4 59 1 9.0 +2.6
QMOM Alpha Architect U.S. Quantitative Momentum ETF 4.4 49 11 2.2 -4.3
GBDV Global Beta Smart Income ETF 4.2 29 31 8.8 +2.4
RNDV US Equity Dividend Select ETF 4.2 50 10 7.7 +1.3
LRGE ClearBridge Large Cap Growth ESG ETF 4.2 59 1 3.8 -2.6
HLAL Wahed FTSE USA Shariah ETF 4.2 50 10 4.7 -1.8
AVUS Avantis U.S. Equity ETF 4.2 15 45 5.8 -0.6
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 4.2 15 45 6.9 +0.5
RSP Invesco S&P 500 Equal Weight ETF 4.2 20 40 6.8 +0.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.1 47 13 6.5 +0.0
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 4.1 70 -10 4.3 -2.2

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 Transportation 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 15.4 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.72 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.