First Trust Indxx NextG ETF
ALTAR
Score™
6.2% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
18.4x P/Sales
ratio
1.4x
P/BV
ratio
2.0x Div.
yield
2.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
NXTG seeks investment results that correspond generally to the Indxx 5G & NextG Thematic Index. The index seeks to include only companies that have devoted material resources or made material commitments to the use of 5G technology.

FUND BASICS
Category US Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Feb 17, 2011
Assets (mns) $483
Currency USD
Expense ratio 70 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 100
Wgt avg mkt cap (mns) $49,271
Large cap (>$10bn) 74.5%
Mid cap ($2-10bn) 25.5%
Small cap (<$2bn) 0.0%
Developed mkts 75.0%
Emerging mkts 25.0%

TOP TEN HOLDINGS
GDS HOLDINGS LTD. SPONSORED ADR CL 1.8 %
MEDIATEK INC 1.7 %
NXP SEMICONDUCTORS NV 1.6 %
LUMENTUM HOLDINGS, INC. 1.6 %
XILINX INC 1.6 %
INFOSYS TECHNOLOGIES-SP ADR 1.5 %
QUALCOMM INC 1.5 %
NVIDIA CORP 1.5 %
BROADCOM INC. 1.5 %
NOKIA CORP-SPON ADR 1.5 %
Total 15.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 41.0 %
JAPAN 10.1 %
INDIA 6.2 %
CHINA 5.5 %
TAIWAN 5.5 %
SOUTH KOREA 5.2 %
SWEDEN 2.4 %
GERMANY 2.3 %
HONG KONG 2.2 %
FINLAND 2.0 %

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.
-0.3% 12.1% 8.4% -- 7.9%

Market Correlations
versus... Beta R-squared
S&P500 0.85 83%
MSCI EAFE 0.85 71%
MSCI Emg. Mkts. 0.66 67%

Technical Indicators
Recent close $55.18
30d moving avg. $54.12
Annualized volatility 15.9%
Short interest (ETF) 0.1%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 65
Turnover 0.7%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $41,523

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: NXTG Expense: 70 bp ALTAR Score™: 6.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH NXTG
Ticker Fund
Name
Overlap1
vs NXTG
(%)
Expense
ratio
(bp)
Savings
vs NXTG
(bp)
ALTAR
Score™
(%)
ALTAR
vs NXTG
(%)
FIVG Defiance Next Gen Connectivity ETF 34.8 30 40 4.9 -1.4
GDAT Goldman Sachs Motif Data-Driven World Etf 24.9 50 20 5.0 -1.2
RYT Invesco S&P 500 Equal Weight Technology ETF 23.8 40 30 6.7 +0.5
LEGR First Trust Index Digital Transaction & Process Technology E 22.1 65 5 7.3 +1.0
QTUM Defiance Quantum ETF 21.8 40 30 5.8 -0.5
JHMT John Hancock Multifactor Technology ETF 20.3 40 30 5.0 -1.3
SOXX iShares PHLX Semiconductor ETF 19.5 46 24 5.4 -0.8
SMH VanEck Vectors Semiconductor ETF 19.3 35 35 5.6 -0.7
XT iShares Exponential Technologies ETF 17.4 47 23 5.1 -1.1
XNTK SPDR NYSE Technology ETF 16.9 35 35 3.7 -2.6
BLCN Reality Shares Nasdaq NextGen Economy ETF 16.6 68 2 4.2 -2.1
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 16.6 57 13 5.0 -1.3
XSD SPDR S&P Semiconductor ETF 16.4 35 35 4.1 -2.1
FTXL First Trust Nasdaq Semiconductor ETF 16.2 60 10 5.0 -1.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 15.6 50 20 5.9 -0.4
SNSR Global X Internet of Things Thematic ETF 15.5 68 2 4.6 -1.7
DRIV Global X Autonomous & Electric Vehicles ETF 15.3 68 2 5.6 -0.6
KOIN Innovation Shares NextGen Protocol ETF 14.9 95 -25 4.4 -1.8
IXN iShares Global Tech ETF 14.7 46 24 4.5 -1.7
AIQ Global X Future Analytics Tech ETF 14.5 68 2 3.9 -2.3
IDRV iShares Self-driving EV & Tech ETF 14.4 47 23 7.2 +0.9
IYW iShares U.S. Technology ETF 13.8 42 28 4.0 -2.2
IRBO iShares Robotics & Artificial Intelligence ETF 13.7 47 23 2.7 -3.5
FTEC Fidelity MSCI Information Technology Index ETF 13.0 8 62 4.6 -1.7
VGT Vanguard Information Technology Index Fund 12.9 10 60 4.6 -1.7
XLK Technology Select Sector SPDR Fund 12.9 13 57 4.8 -1.5
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF 12.1 60 10 2.5 -3.8
TDV ProShares S&P Technology Dividend Aristocrats ETF 12.0 45 25 4.8 -1.5
TECB iShares US Tech Breakthrough Multisector ETF 11.9 40 30 4.0 -2.2
VEGN US Vegan Climate ETF 11.8 60 10 5.2 -1.0
DEW WisdomTree Global High Dividend Fund 11.7 58 12 9.4 +3.1
RNDV US Equity Dividend Select ETF 11.6 50 20 7.7 +1.5
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 11.5 59 11 4.2 -2.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 11.5 35 35 4.4 -1.8
IGM iShares Expanded Tech Sector ETF 11.5 46 24 3.8 -2.4
ACWV iShares Edge MSCI Min Vol Global ETF 11.2 20 50 5.7 -0.5
EKAR Innovation Shares NextGen Vehicles & Technology ETF 10.8 95 -25 8.6 +2.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 10.7 47 23 6.5 +0.2
RNLC Large Cap US Equity Select ETF 10.7 60 10 6.2 0.0
DSTL Distillate US Fundamental Stability & Value ETF 10.5 39 31 6.6 +0.3
JVAL JPMorgan U.S. Value Factor ETF 10.5 12 58 8.8 +2.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 10.5 70 0 7.9 +1.7
MOTO SmartETFs Smart Transportation & Technology ETF 10.5 68 2 7.9 +1.6
PSI Invesco Dynamic Semiconductors ETF 10.4 58 12 4.9 -1.4
JKE iShares Morningstar Large-Cap Growth ETF 10.4 25 45 2.9 -3.4
DEF Invesco Defensive Equity ETF 10.2 55 15 5.1 -1.1
IETC iShares Evolved U.S. Technology ETF 10.1 18 52 3.8 -2.4
IYZ iShares U.S. Telecommunications ETF 10.1 42 28 7.5 +1.3
XTL SPDR S&P Telecom ETF 10.1 35 35 4.2 -2.1
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 9.8 49 21 5.2 -1.0
NULC Nuveen ESG Large-Cap ETF 9.7 20 50 5.0 -1.2
RPG Invesco S&P 500 Pure Growth ETF 9.6 35 35 4.4 -1.8
MTUM iShares Edge MSCI USA Momentum Factor ETF 9.6 15 55 4.2 -2.1
FMK First Trust Mega Cap AlphaDEX Fund 9.6 70 0 5.2 -1.0
QYLD Global X NASDAQ 100 Covered Call ETF 9.6 60 10 3.5 -2.8
NUSI Nationwide Risk-Managed Income ETF 9.6 68 2 3.5 -2.8
FXL First Trust Technology AlphaDEX Fund 9.6 61 9 3.2 -3.1
QQQ Invesco QQQ Trust 9.5 20 50 3.9 -2.4
SPMO Invesco S&P 500 Momentum ETF 9.3 13 57 4.4 -1.8
JQUA JPMorgan U.S. Quality Factor ETF 9.2 12 58 5.3 -1.0
DLN WisdomTree U.S. LargeCap Dividend Fund 9.2 28 42 6.4 +0.2
IQSU IQ Candriam ESG US Equity ETF 9.2 9 61 5.1 -1.1
THNQ ROBO Global Artificial Intelligence ETF 9.0 68 2 1.9 -4.3
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 9.0 60 10 5.4 -0.8
RFFC RiverFront Dynamic US Flex-Cap ETF 9.0 52 18 4.7 -1.5
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 9.0 21 49 3.0 -3.3
PXQ Invesco Dynamic Networking ETF 9.0 63 7 4.1 -2.2
VSL Volshares Large Capital ETF 9.0 65 5 6.9 +0.7
QWLD SPDR MSCI World StrategicFactors ETF 8.9 30 40 6.2 -0.1
FDRR Fidelity Dividend ETF for Rising Rates 8.9 29 41 7.0 +0.8
PSR Invesco Active U.S. Real Estate Fund 8.9 35 35 6.3 +0.0
USDY Pacific Global US Equity Income ETF 8.9 29 41 7.3 +1.1
ESGG FlexShares STOXX Global ESG Impact Index Fund 8.8 42 28 5.5 -0.7
IGN iShares North American Tech-Multimedia Networking ETF 8.8 46 24 5.7 -0.6
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 8.7 15 55 6.3 +0.0
FDVV Fidelity Core Dividend ETF 8.7 29 41 7.2 +0.9
SCHH Schwab U.S. REIT ETF 8.7 7 63 6.6 +0.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 8.7 52 18 5.1 -1.2
VALQ American Century STOXX U.S. Quality Value ETF 8.7 29 41 9.2 +2.9
IXP iShares Global Comm Services ETF 8.7 46 24 5.7 -0.5
IYR iShares U.S. Real Estate ETF 8.6 42 28 6.5 +0.3
FREL Fidelity MSCI Real Estate Index ETF 8.6 8 62 6.6 +0.4
DGT SPDR Global Dow ETF 8.6 50 20 6.8 +0.5
SPXV ProShares S&P 500 Ex-Health Care ETF 8.5 27 43 5.1 -1.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 8.5 75 -5 3.8 -2.4
VNQ Vanguard REIT Index Fund 8.5 12 58 6.6 +0.4
DIVB iShares U.S. Dividend & Buyback ETF 8.4 25 45 6.7 +0.4
BIBL Inspire ETF 8.4 35 35 4.9 -1.4
DSI iShares MSCI KLD 400 Social ETF 8.4 25 45 5.2 -1.1
PWV Invesco Dynamic Large Cap Value ETF 8.3 55 15 8.9 +2.7
SPMV Invesco S&P 500 Minimum Variance ETF 8.2 10 60 5.9 -0.4
GLIF AGFiQ Global Infrastructure ETF 8.2 45 25 5.2 -1.0
WLDR Affinity World Leaders Equity ETF 8.2 47 23 9.7 +3.4
DTD WisdomTree U.S.Total Dividend Fund 8.2 28 42 6.7 +0.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 8.1 12 58 5.0 -1.3
BUL Pacer US Cash Cows Growth ETF 8.1 60 10 6.2 -0.0
PEXL Pacer US Export Leaders ETF 8.1 60 10 6.1 -0.2
QDEF FlexShares Quality Dividend Defensive Index Fund 8.0 37 33 5.9 -0.3
FTC First Trust Large Cap Growth AlphaDEX Fund 8.0 61 9 2.9 -3.3
EPS WisdomTree U.S. Earnings 500 Fund 7.9 8 62 6.5 +0.3

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 Indxx NextG 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 13.2 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.48 CATEGORY
AVERAGE
1.52
 
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.