First Trust Nasdaq Transportation ETF
ALTAR
Score™
6.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
145.5x P/Sales
ratio
1.0x
P/BV
ratio
2.8x Div.
yield
0.9%


  • 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) $847
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) $94,742
Large cap (>$10bn) 74.6%
Mid cap ($2-10bn) 24.5%
Small cap (<$2bn) 0.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TESLA MOTORS INC 10.7 %
GENERAL MOTORS CO 8.4 %
FORD MOTOR CO 8.0 %
KNIGHT-SWIFT TRANSPORTATION HOLDIN 7.8 %
FEDEX CORP 6.5 %
APTIV PLC 4.4 %
HUNT (JB) TRANSPRT SVCS INC 4.1 %
LEAR CORP 4.1 %
XPO LOGISTICS INC 4.1 %
GENTEX CORP 4.1 %
Total 62.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.6 %
IRELAND 4.4 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
15.1% 15.1% -- -- 8.9%

Market Correlations
versus... Beta R-squared
S&P500 1.43 85%
MSCI EAFE 1.39 79%
MSCI Emg. Mkts. 1.13 66%

Technical Indicators
Recent close $29.72
30d moving avg. $28.43
Annualized volatility 29.3%
Short interest (ETF) 0.6%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 127
Turnover 0.5%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $37,523

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 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™: 6.0%


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
(%)
IYT iShares Transportation Average ETF 35.8 42 18 3.8 -2.2
XTN SPDR S&P Transportation ETF 33.4 35 25 3.3 -2.8
CARZ First Trust NASDAQ Global Auto Index Fund 22.8 70 -10 10.4 +4.4
XLI Industrial Select Sector SPDR Fund 18.9 13 47 4.8 -1.2
VIS Vanguard Industrials Index Fund 17.0 10 50 4.7 -1.3
RGI Invesco S&P 500 Equal Weight Industrials ETF 16.8 40 20 4.3 -1.8
IYK iShares U.S. Consumer Goods ETF 16.6 43 17 4.4 -1.7
JHMI John Hancock Multifactor Industrials ETF 16.6 40 20 5.1 -1.0
XLY Consumer Discretionary Select Sector SPDR Fund 15.8 13 47 3.2 -2.8
VCR Vanguard Consumer Discretionary Index Fund 15.3 10 50 3.4 -2.7
FDIS Fidelity MSCI Consumer Discretionary Index ETF 15.1 8 52 3.4 -2.6
FIDU Fidelity MSCI Industrials Index ETF 15.1 8 52 4.9 -1.2
RXI iShares Global Consumer Discretionary ETF 13.9 46 14 3.8 -2.2
SFYF SoFi 50 ETF 13.7 29 31 0.8 -5.2
IDRV iShares Self-driving EV & Tech ETF 13.4 47 13 5.5 -0.6
IYJ iShares U.S. Industrials ETF 12.1 42 18 4.9 -1.1
IQM Franklin Intelligent Machines ETF 11.7 50 10 1.4 -4.7
HAIL SPDR S&P Kensho Smart Mobility ETF 11.6 45 15 4.4 -1.6
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 11.5 40 20 4.8 -1.3
EXI iShares Global Industrials ETF 11.4 46 14 4.9 -1.2
JHMC John Hancock Multifactor Consumer Discretionary ETF 11.4 40 20 3.6 -2.5
MOTO SmartETFs Smart Transportation & Technology ETF 11.3 68 -8 5.4 -0.7
DRIV Global X Autonomous & Electric Vehicles ETF 11.2 68 -8 4.1 -1.9
VEGN US Vegan Climate ETF 11.0 60 0 4.1 -2.0
FDG American Century Focused Dynamic Growth ETF 10.7 45 15 1.4 -4.6
ARKQ Ark Industrial Innovation ETF 10.7 75 -15 0.3 -5.7
MTUM iShares MSCI USA Momentum Factor ETF 10.6 15 45 2.3 -3.7
LOUP Innovator Loup Frontier Tech ETF 10.4 70 -10 3.1 -3.0
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 10.3 63 -3 5.2 -0.8
ARKW ARK Web x.0 ETF 9.9 79 -19 -0.8 -6.8
FXD First Trust Consumer Discretionary AlphaDEX Fund 9.7 64 -4 4.8 -1.2
SMOG VanEck Vectors Low Carbon Energy ETF 9.7 62 -2 2.1 -4.0
ARKK ARK Innovation ETF 9.7 75 -15 -1.6 -7.7
INFR Legg Mason Global Infrastructure ETF 9.5 40 20 5.7 -0.4
DVLU First Trust Dorsey Wright Momentum & Value ETF 9.3 60 0 8.6 +2.5
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 9.0 60 0 0.3 -5.8
EKAR Innovation Shares NextGen Vehicles & Technology ETF 8.6 95 -35 5.2 -0.9
HLAL Wahed FTSE USA Shariah ETF 8.5 50 10 3.9 -2.1
VXF Vanguard Extended Market Index Fund 8.1 6 54 2.5 -3.5
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 8.0 60 0 4.7 -1.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 7.9 65 -5 1.2 -4.8
ONEY SPDR Russell 1000 Yield Focus ETF 7.9 20 40 7.2 +1.2
USXF iShares ESG Advanced MSCI USA ETF 7.9 10 50 4.6 -1.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 7.8 75 -15 3.0 -3.1
PAVE Global X U.S. Infrastructure Development ETF 7.6 47 13 4.2 -1.9
WWOW Direxion World Without Waste ETF 7.6 50 10 0.2 -5.9
VLUE iShares MSCI USA Value Factor ETF 7.5 15 45 9.8 +3.7
PKW Invesco Buyback Achievers ETF 7.3 62 -2 5.4 -0.6
VTRN Victory Portfolios II VictoryShares Top Veteran Employers ET 7.3 60 0 6.2 +0.1
BATT Amplify Advanced Battery Metals & Materials ETF 7.1 59 1 2.0 -4.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 7.1 49 11 3.5 -2.5
SUSL iShares ESG MSCI USA Leaders ETF 7.0 10 50 4.9 -1.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 7.0 70 -10 3.5 -2.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 7.0 10 50 4.9 -1.1
ECOZ TrueMark ESG Active Opportunities ETF 7.0 58 2 3.1 -3.0
SPVM Invesco S&P 500 Value with Momentum ETF 6.9 39 21 7.8 +1.7
QQQN VictoryShares Nasdaq Next 50 ETF 6.9 18 42 2.9 -3.1
HIPR Direxion High Growth ETF 6.9 40 20 4.0 -2.1
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 6.8 103 -43 1.7 -4.3
BIBL Inspire ETF 6.8 35 25 4.4 -1.6
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 6.8 20 40 6.7 +0.7
CLRG IQ Chaikin U.S. Large Cap ETF 6.7 25 35 5.0 -1.0
VETS Pacer Military Times Best Employers ETF 6.6 60 0 6.1 +0.0
PRN Invesco DWA Industrials Momentum ETF 6.5 60 0 5.0 -1.1
IUS Invesco Strategic US ETF 6.5 19 41 5.5 -0.5
DSI iShares MSCI KLD 400 Social ETF 6.4 25 35 4.7 -1.4
EQWL Invesco Russell Top 200 Equal Weight ETF 6.3 25 35 5.6 -0.4
FTCS First Trust Capital Strength ETF 6.2 58 2 5.1 -1.0
SDG iShares Sustainable MSCI Global Impact ETF 6.2 49 11 5.7 -0.3
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 6.1 60 0 1.4 -4.6
RNDV US Equity Dividend Select ETF 6.1 50 10 7.4 +1.3
SPXT ProShares S&P 500 Ex-Technology ETF 6.1 27 33 4.9 -1.1
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 6.1 25 35 5.9 -0.2
QYLD Global X NASDAQ 100 Covered Call ETF 6.0 60 0 3.2 -2.9
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 6.0 60 0 3.2 -2.8
QQQM Invesco NASDAQ 100 ETF 5.9 15 45 3.7 -2.4
QQQ Invesco QQQ Trust 5.9 20 40 3.6 -2.4
JETS US Global Jets ETF 5.9 60 0 0.9 -5.2
TMFC Motley Fool 100 Index ETF 5.8 50 10 3.2 -2.9
NULG Nuveen ESG Large-Cap Growth ETF 5.8 35 25 3.0 -3.0
LSAF LeaderShares AlphaFactor US Core Equity ETF 5.8 75 -15 5.3 -0.8
NUSI Nationwide Risk-Managed Income ETF 5.8 68 -8 3.1 -2.9
MAGA Point Bridge GOP Stock Tracker ETF 5.8 72 -12 5.3 -0.7
KLCD KFA Large Cap Quality Dividend Index ETF 5.8 42 18 5.1 -1.0
SPYG SPDR Portfolio S&P 500 Growth ETF 5.8 4 56 3.8 -2.2
IVW iShares S&P 500 Growth ETF 5.8 18 42 3.7 -2.4
QQQJ Invesco NASDAQ Next Gen 100 ETF 5.7 15 45 2.6 -3.5
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 5.7 25 35 6.9 +0.9
LIT Global X Lithium & Battery Tech ETF 5.6 75 -15 1.8 -4.3
SLT Pacer Salt High TruBeta US Market ETF 5.5 60 0 4.6 -1.5
IUSG iShares Core S&P US Growth ETF 5.5 4 56 3.8 -2.3
FDMO Fidelity Momentum Factor ETF 5.5 29 31 2.5 -3.5
TPHD Timothy Plan High Dividend Stock ETF 5.4 52 8 5.6 -0.5
RWL Invesco S&P 500 Revenue ETF 5.4 39 21 6.3 +0.3
VNSE Natixis Vaughan Nelson Select ETF 5.4 85 -25 2.7 -3.3
ESGV Vanguard ESG U.S. Stock ETF 5.4 12 48 4.6 -1.5
JMOM JPMorgan U.S. Momentum Factor ETF 5.4 12 48 3.0 -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%.

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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 16.5 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.62 CATEGORY
AVERAGE
1.48
 
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.