First Trust Indxx NextG ETF
ALTAR
Score™
5.9% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
19.3x P/Sales
ratio
1.5x
P/BV
ratio
2.2x Div.
yield
2.2%


  • 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) $625
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) $57,978
Large cap (>$10bn) 78.2%
Mid cap ($2-10bn) 21.9%
Small cap (<$2bn) 0.0%
Developed mkts 73.4%
Emerging mkts 26.6%

TOP TEN HOLDINGS
INFOSYS TECHNOLOGIES-SP ADR 2.2 %
XIAOMI CORP. CLASS B 2.2 %
WIPRO LTD-ADR 2.0 %
TAIWAN SEMICONDUCTOR-SP ADR 2.0 %
HCL TECHNOLOGIES LTD 2.0 %
NVIDIA CORP 1.9 %
ADVANCED MICRO DEVICES 1.9 %
TECH MAHINDRA LTD 1.9 %
QUALCOMM INC 1.9 %
NEC ELECTRONICS CORP 1.8 %
Total 19.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 39.3 %
JAPAN 10.1 %
INDIA 8.4 %
TAIWAN 5.8 %
SOUTH KOREA 5.7 %
CHINA 5.6 %
GERMANY 2.5 %
SWEDEN 2.4 %
HONG KONG 2.3 %
SWITZERLAND 2.0 %

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.
8.7% 19.1% 12.8% -- 8.7%

Market Correlations
versus... Beta R-squared
S&P500 0.83 81%
MSCI EAFE 0.85 69%
MSCI Emg. Mkts. 0.69 72%

Technical Indicators
Recent close $61.30
30d moving avg. $60.19
Annualized volatility 16.4%
Short interest (ETF) 0.3%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 53
Turnover 0.5%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $34,051

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™: 5.9%


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 33.2 30 40 4.7 -1.2
GDAT Goldman Sachs Motif Data-Driven World Etf 25.3 50 20 4.6 -1.2
QTUM Defiance Quantum ETF 23.1 40 30 5.5 -0.4
RYT Invesco S&P 500 Equal Weight Technology ETF 22.2 40 30 6.5 +0.7
SOXX iShares PHLX Semiconductor ETF 21.3 46 24 5.4 -0.4
SMH VanEck Vectors Semiconductor ETF 21.3 35 35 5.3 -0.5
LEGR First Trust Index Digital Transaction & Process Technology E 19.9 65 5 9.7 +3.9
JHMT John Hancock Multifactor Technology ETF 19.8 40 30 4.7 -1.2
XSD SPDR S&P Semiconductor ETF 19.2 35 35 4.0 -1.9
XNTK SPDR NYSE Technology ETF 17.7 35 35 3.4 -2.4
FTXL First Trust Nasdaq Semiconductor ETF 17.6 60 10 4.2 -1.7
XT iShares Exponential Technologies ETF 17.6 47 23 4.8 -1.0
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 17.2 57 13 5.0 -0.9
BLCN Reality Shares Nasdaq NextGen Economy ETF 16.9 68 2 5.4 -0.4
KOIN Innovation Shares NextGen Protocol ETF 16.1 95 -25 4.4 -1.5
SNSR Global X Internet of Things Thematic ETF 15.4 68 2 4.7 -1.1
IDRV iShares Self-driving EV & Tech ETF 15.4 47 23 6.1 +0.2
AIQ Global X Future Analytics Tech ETF 15.3 68 2 4.0 -1.9
TDIV First Trust NASDAQ Technology Dividend Index Fund 15.2 50 20 6.5 +0.7
FXL First Trust Technology AlphaDEX Fund 15.2 61 9 3.2 -2.7
WUGI Esoterica NextG Economy ETF 15.0 75 -5 1.5 -4.4
IXN iShares Global Tech ETF 15.0 46 24 4.3 -1.6
IRBO iShares Robotics & Artificial Intelligence ETF 14.9 47 23 2.5 -3.4
IYW iShares U.S. Technology ETF 13.8 43 27 3.8 -2.1
DRIV Global X Autonomous & Electric Vehicles ETF 13.6 68 2 5.8 -0.1
XLK Technology Select Sector SPDR Fund 13.0 13 57 4.6 -1.3
FTEC Fidelity MSCI Information Technology Index ETF 12.9 8 62 4.4 -1.5
VGT Vanguard Information Technology Index Fund 12.7 10 60 4.3 -1.5
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF 12.5 60 10 3.3 -2.6
TECB iShares US Tech Breakthrough Multisector ETF 12.3 40 30 3.9 -2.0
EKAR Innovation Shares NextGen Vehicles & Technology ETF 12.1 95 -25 6.8 +0.9
TDV ProShares S&P Technology Dividend Aristocrats ETF 12.0 46 24 4.8 -1.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 11.9 70 0 4.0 -1.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 11.6 35 35 4.4 -1.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 11.6 59 11 4.2 -1.7
MOTO SmartETFs Smart Transportation & Technology ETF 11.5 68 2 6.7 +0.9
IGM iShares Expanded Tech Sector ETF 11.4 46 24 3.7 -2.2
VEGN US Vegan Climate ETF 11.4 60 10 4.9 -1.0
BIBL Inspire ETF 11.2 35 35 4.7 -1.2
JKE iShares Morningstar Large-Cap Growth ETF 11.2 25 45 2.9 -3.0
DEW WisdomTree Global High Dividend Fund 10.8 58 12 9.6 +3.7
RNLC Large Cap US Equity Select ETF 10.8 60 10 5.9 +0.1
ACWV iShares Edge MSCI Min Vol Global ETF 10.7 20 50 5.7 -0.2
DEF Invesco Defensive Equity ETF 10.1 55 15 5.1 -0.7
QYLD Global X NASDAQ 100 Covered Call ETF 10.0 60 10 3.4 -2.5
IETC iShares Evolved U.S. Technology ETF 9.9 18 52 3.7 -2.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 9.9 47 23 6.3 +0.4
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 9.8 60 10 3.4 -2.5
JVAL JPMorgan U.S. Value Factor ETF 9.7 12 58 8.1 +2.3
RPG Invesco S&P 500 Pure Growth ETF 9.6 35 35 4.3 -1.6
ROUS Hartford Multifactor US Equity ETF 9.6 19 51 6.3 +0.4
MTUM iShares Edge MSCI USA Momentum Factor ETF 9.6 15 55 4.1 -1.8
JQUA JPMorgan U.S. Quality Factor ETF 9.6 12 58 5.2 -0.6
QQQ Invesco QQQ Trust 9.6 20 50 3.7 -2.2
QQQM Invesco NASDAQ 100 ETF 9.6 15 55 3.9 -2.0
NUSI Nationwide Risk-Managed Income ETF 9.5 68 2 3.2 -2.6
THNQ ROBO Global Artificial Intelligence ETF 9.5 68 2 1.6 -4.2
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 9.4 60 10 8.1 +2.2
SPMO Invesco S&P 500 Momentum ETF 9.4 13 57 3.9 -2.0
FMK First Trust Mega Cap AlphaDEX Fund 9.3 70 0 4.4 -1.4
RNDV US Equity Dividend Select ETF 9.1 50 20 7.7 +1.8
SPQQ Siren Large Cap Blend Index ETF 8.9 20 50 4.7 -1.2
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 8.9 21 49 3.0 -2.9
IQSU IQ Candriam ESG US Equity ETF 8.9 9 61 4.9 -1.0
NULC Nuveen ESG Large-Cap ETF 8.8 20 50 4.9 -1.0
SPMV Invesco S&P 500 Minimum Variance ETF 8.7 10 60 5.6 -0.3
BLOK Amplify Transformational Data Sharing ETF 8.6 70 0 4.3 -1.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 8.6 30 40 6.4 +0.5
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 8.6 20 50 7.3 +1.5
DLN WisdomTree U.S. LargeCap Dividend Fund 8.6 28 42 6.3 +0.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 8.6 15 55 6.0 +0.2
FDRR Fidelity Dividend ETF for Rising Rates 8.6 29 41 6.6 +0.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 8.5 49 21 7.9 +2.0
PSR Invesco Active U.S. Real Estate Fund 8.4 35 35 6.1 +0.3
FDVV Fidelity Core Dividend ETF 8.4 29 41 6.9 +1.0
RFDA RiverFront Dynamic US Dividend Advantage ETF 8.4 52 18 4.9 -0.9
IYZ iShares U.S. Telecommunications ETF 8.4 42 28 7.9 +2.1
XTL SPDR S&P Telecom ETF 8.4 35 35 4.7 -1.2
QWLD SPDR MSCI World StrategicFactors ETF 8.3 30 40 6.0 +0.1
PEXL Pacer US Export Leaders ETF 8.3 60 10 5.8 -0.1
ESGV Vanguard ESG U.S. Stock ETF 8.3 12 58 4.9 -1.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 8.3 12 58 4.5 -1.3
FLQL Franklin LibertyQ U.S. Equity ETF 8.2 15 55 6.0 +0.2
SPXV ProShares S&P 500 Ex-Health Care ETF 8.2 27 43 4.8 -1.1
IYR iShares U.S. Real Estate ETF 8.2 42 28 6.2 +0.4
SCHH Schwab U.S. REIT ETF 8.2 7 63 6.7 +0.8
FREL Fidelity MSCI Real Estate Index ETF 8.0 8 62 6.7 +0.8
DSI iShares MSCI KLD 400 Social ETF 8.0 25 45 4.9 -1.0
USDY Pacific Global US Equity Income ETF 8.0 29 41 7.0 +1.2
DSTL Distillate US Fundamental Stability & Value ETF 8.0 39 31 5.9 +0.1
USXF iShares ESG Advanced MSCI USA ETF 8.0 10 60 4.8 -1.1
BKLC BNY Mellon US Large Cap Core Equity ETF 7.9 0 70 4.9 -1.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 7.8 30 40 8.7 +2.8
VNQ Vanguard REIT Index Fund 7.8 12 58 6.6 +0.7
IWL iShares Russell Top 200 ETF 7.8 15 55 4.7 -1.1
DGT SPDR Global Dow ETF 7.8 50 20 7.2 +1.3
DTD WisdomTree U.S.Total Dividend Fund 7.8 28 42 6.5 +0.7
CACG ClearBridge All Cap Growth ETF 7.7 54 16 4.2 -1.7
ISDX Invesco Strategic Developed ex-US ETF 7.7 23 47 7.4 +1.6
VOOG Vanguard S&P 500 Growth ETF 7.6 10 60 4.1 -1.7

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 13.3 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 5.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.44 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.