First Trust Value Line 100 ETF
ALTAR
Score™
6.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
18.0x P/Sales
ratio
1.8x
P/BV
ratio
2.3x Div.
yield
3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Value Line 100 Exchange-Traded Fund seeks to track the performance of the Value Line 100 Index.

FUND BASICS
Category US Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Jun 12, 2003
Assets (mns) $37
Currency USD
Expense ratio 70 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Equal
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 177
Wgt avg mkt cap (mns) $68,838
Large cap (>$10bn) 77.0%
Mid cap ($2-10bn) 21.3%
Small cap (<$2bn) 1.7%
Developed mkts 98.8%
Emerging mkts 1.2%

TOP TEN HOLDINGS
FRANKLIN RESOURCES INC 0.6 %
PFIZER INC 0.6 %
HOULIHAN LOKEY, INC. CLASS A 0.6 %
ELI LILLY & CO 0.6 %
BANK OF NOVA SCOTIA 0.6 %
T ROWE PRICE GROUP INC 0.6 %
AT&T INC 0.6 %
ORACLE CORP 0.6 %
INTEL CORP 0.6 %
PNC FINANCIAL SERVICES GROUP 0.6 %
Total 6.2 %

TOP COUNTRY EXPOSURE
0.0 %











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.
2.9% 2.9% 4.1% 6.3% 7.8%

Market Correlations
versus... Beta R-squared
S&P500 0.90 87%
MSCI EAFE 0.83 74%
MSCI Emg. Mkts. 0.67 61%

Technical Indicators
Recent close $23.16
30d moving avg. $23.16
Annualized volatility 18.1%
Short interest (ETF) 0.0%
Short interest (Underlying) 4.1%
Relative strength (RSI) 0

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.1%
Bid/Ask (% of price) 0.30%
ADV underlying (mns) $49,151

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 potential alternatives to the First Trust Value Line 100 ETF ETF based on the alternatives' overlap in portfolio holdings with FVL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FVL Expense: 70 bp ALTAR Score™: 6.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FVL
Ticker Fund
Name
Overlap1
vs FVL
(%)
Expense
ratio
(bp)
Savings
vs FVL
(bp)
ALTAR
Score™
(%)
ALTAR
vs FVL
(%)
FVD First Trust Value Line Dividend Index Fund 93.5 70 0 5.8 -0.2
JMIN JPMorgan U.S. Minimum Volatility ETF 38.7 12 58 5.3 -0.7
VOOV Vanguard S&P 500 Value ETF 34.6 10 60 6.6 +0.6
DGRO iShares Core Dividend Growth ETF 33.0 8 62 6.0 +0.0
VYM Vanguard High Dividend Yield Index ETF 32.9 6 64 6.7 +0.7
JDIV JPMorgan U.S. Dividend ETF 32.9 12 58 6.7 +0.8
DLN WisdomTree U.S. LargeCap Dividend Fund 32.8 28 42 6.1 +0.2
KVLE KFA Value Liner Dynamic Core Equity Index ETF 32.7 56 14 5.6 -0.3
DTD WisdomTree U.S.Total Dividend Fund 31.9 28 42 6.2 +0.3
SCHV Schwab U.S. Large-Cap Value ETF 31.4 4 66 6.1 +0.1
IVE iShares S&P 500 Value ETF 31.3 18 52 6.3 +0.3
SPYV SPDR Portfolio S&P 500 Value ETF 31.3 4 66 6.4 +0.5
MGV Vanguard Mega Cap Value ETF 30.5 7 63 6.5 +0.5
VTV Vanguard Value Index Fund 30.5 4 66 6.6 +0.6
IUSV iShares Core S&P U.S. Value ETF 30.5 4 66 6.4 +0.5
USMV iShares Edge MSCI Min Vol USA ETF 30.1 15 55 5.3 -0.7
RNDV US Equity Dividend Select ETF 30.1 50 20 7.4 +1.4
KRMA Global X Conscious Companies ETF 29.5 43 27 4.9 -1.1
LSLT Salt Low truBeta US Market ETF 29.1 60 10 5.7 -0.3
QUS SPDR MSCI USA StrategicFactors ETF 29.1 15 55 5.3 -0.7
FLQL Franklin LibertyQ U.S. Equity ETF 28.5 15 55 5.9 -0.0
VONV Vanguard Russell 1000 Value Index Fund 28.4 8 62 6.2 +0.2
IWX iShares Russell Top 200 Value ETF 28.3 20 50 6.1 +0.1
FTA First Trust Large Cap Value AlphaDEX Fund 27.8 60 10 7.3 +1.4
IWD iShares Russell 1000 Value ETF 27.4 19 51 6.0 +0.1
PFM Invesco Dividend Achievers ETF 27.4 53 17 5.0 -0.9
EQWL Invesco Russell Top 200 Equal Weight ETF 26.3 25 45 5.6 -0.4
EPS WisdomTree U.S. Earnings 500 Fund 26.2 8 62 5.9 -0.1
TPHD Timothy Plan High Dividend Stock ETF 26.1 52 18 5.5 -0.4
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 26.0 17 53 6.1 +0.1
RBUS Nationwide Risk-Based U.S. Equity ETF 26.0 30 40 4.6 -1.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 25.9 18 52 5.6 -0.4
DIVB iShares U.S. Dividend & Buyback ETF 25.8 25 45 5.9 -0.1
SPXT ProShares S&P 500 Ex-Technology ETF 25.3 27 43 4.9 -1.1
OUSA O'Shares FTSE US Quality Dividend ETF 25.3 48 22 5.5 -0.5
DTN WisdomTree U.S. Dividend ex-Financials Fund 25.3 38 32 7.6 +1.6
JKF iShares Morningstar Large Cap Value ETF 25.2 25 45 6.7 +0.7
ROUS Hartford Multifactor US Equity ETF 25.1 19 51 5.8 -0.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 24.9 25 45 5.7 -0.2
ESGV Vanguard ESG U.S. Stock ETF 24.7 12 58 4.5 -1.5
PRF Invesco FTSE RAFI US 1000 ETF 24.7 39 31 5.8 -0.2
MGC Vanguard Mega Cap Index Fund 24.6 7 63 4.6 -1.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 24.6 20 50 4.6 -1.4
KLCD KFA Large Cap Quality Dividend Index ETF 24.5 42 28 5.1 -0.9
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 24.4 35 35 5.1 -0.9
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 24.4 20 50 4.8 -1.2
PBP Invesco S&P 500 BuyWrite ETF 24.3 49 21 4.3 -1.7
SPXE ProShares S&P 500 Ex-Energy ETF 24.1 27 43 4.6 -1.4
XYLG Global X S&P 500 Covered Call & Growth ETF 24.0 60 10 4.4 -1.6
VFVA Vanguard U.S. Value Factor ETF 23.9 14 56 8.5 +2.5
SDY SPDR S&P Dividend ETF 23.9 35 35 6.4 +0.4
SPY SPDR S&P 500 ETF Trust 23.8 9 61 4.7 -1.3
IWL iShares Russell Top 200 ETF 23.8 15 55 4.4 -1.6
IVV iShares Core S&P 500 ETF 23.7 3 67 4.7 -1.2
SPLG SPDR Portfolio Large Cap ETF 23.7 3 67 4.7 -1.2
SPLV Invesco S&P 500 Low Volatility ETF 23.7 25 45 5.5 -0.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 23.6 25 45 5.7 -0.3
VOO VANGUARD S&P 500 ETF 23.4 3 67 4.8 -1.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 23.4 15 55 4.6 -1.3
LGLV SPDR Russell 1000 Low Volatility ETF 23.4 12 58 5.2 -0.8
JQUA JPMorgan U.S. Quality Factor ETF 23.4 12 58 5.0 -0.9
ESGU iShares MSCI USA ESG Optimized ETF 23.3 15 55 4.4 -1.6
BKLC BNY Mellon US Large Cap Core Equity ETF 23.3 0 70 4.4 -1.5
RNLC Large Cap US Equity Select ETF 23.3 60 10 5.2 -0.7
ACWV iShares MSCI Global Min Vol Factor ETF 23.2 20 50 5.5 -0.5
DGRW WisdomTree U.S. Quality Dividend Growth Fund 23.2 28 42 6.0 +0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 23.1 7 63 4.5 -1.4
JHML John Hancock Multifactor Large Cap ETF 22.9 29 41 4.8 -1.1
SPMV Invesco S&P 500 Minimum Variance ETF 22.8 10 60 5.5 -0.5
VV Vanguard Large-Cap Index Fund 22.8 4 66 4.6 -1.4
PBUS Invesco PureBeta MSCI USA ETF 22.7 4 66 4.6 -1.4
FUNL CornerCap Fundametrics Large-Cap ETF 22.7 50 20 7.2 +1.2
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 22.6 35 35 7.7 +1.7
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 22.6 35 35 7.7 +1.7
QDEF FlexShares Quality Dividend Defensive Index Fund 22.6 37 33 5.4 -0.5
FDLO Fidelity Low Volatility Factor ETF 22.6 29 41 4.9 -1.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 22.6 2 68 4.6 -1.3
FDRR Fidelity Dividend ETF for Rising Rates 22.5 29 41 5.9 -0.0
VIG Vanguard Dividend Appreciation Index Fund 22.5 6 64 5.0 -1.0
SPTM SPDR Portfolio Total Stock Market ETF 22.5 3 67 4.8 -1.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 22.4 15 55 5.8 -0.2
SCHX Schwab U.S. Large-Cap ETF 22.2 3 67 4.5 -1.4
FEX First Trust Large Cap Core AlphaDEX Fund 22.1 60 10 4.7 -1.3
RESP WisdomTree US ESG Fund of Benef Interest 22.1 28 42 5.0 -0.9
QDF FlexShares Quality Dividend Index Fund 22.0 37 33 5.5 -0.5
FLLV Franklin Liberty U.S. Low Volatility ETF 22.0 29 41 4.9 -1.0
SCHK Schwab 1000 Index ETF 21.9 5 65 4.6 -1.4
MAGA Point Bridge GOP Stock Tracker ETF 21.9 72 -2 5.4 -0.6
IWB iShares Russell 1000 ETF 21.8 15 55 4.4 -1.5
IUS Invesco Strategic US ETF 21.7 19 51 5.5 -0.5
RWL Invesco S&P 500 Revenue ETF 21.7 39 31 6.3 +0.3
IYY iShares Dow Jones U.S. ETF 21.7 20 50 4.4 -1.6
SPXN ProShares S&P 500 Ex-Financials ETF 21.7 27 43 4.3 -1.6
RSP Invesco S&P 500 Equal Weight ETF 21.7 20 50 5.6 -0.3
RAFE PIMCO RAFI ESG U.S. ETF 21.6 30 40 6.7 +0.8
OEF iShares S&P 100 ETF 21.6 20 50 4.2 -1.8

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 Value Line 100 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 14.5 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.61 CATEGORY
AVERAGE
1.49
 
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.