US Equity Dividend Select ETF
ALTAR
Score™
8.1% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
24.1x P/Sales
ratio
1.1x
P/BV
ratio
2.0x Div.
yield
3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust US Equity Dividend Select ETF tracks a sector-neutral US large-cap index selected and weighted by dividends.

FUND BASICS
Category US Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Jun 20, 2017
Assets (mns) $4
Currency USD
Expense ratio 50 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Dividends
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 235
Wgt avg mkt cap (mns) $67,199
Large cap (>$10bn) 92.2%
Mid cap ($2-10bn) 7.8%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
INTL BUSINESS MACHINES CORP 2.9 %
SEAGATE TECHNOLOGY 2.8 %
HEWLETT PACKARD ENTERPRISE CO. 2.5 %
BROADCOM INC. 2.3 %
HP INC. 2.2 %
NETAPP INC 2.2 %
CORNING INC 2.1 %
PFIZER INC 2.1 %
MAXIM INTEGRATED PRODUCTS 1.8 %
QUALCOMM INC 1.7 %
Total 22.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 92.7 %
IRELAND 5.8 %
SWITZERLAND 0.7 %
BRITAIN 0.3 %
BERMUDA 0.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.2% 6.7% -- -- 6.3%

Market Correlations
versus... Beta R-squared
S&P500 1.02 91%
MSCI EAFE 1.09 86%
MSCI Emg. Mkts. 0.77 69%

Technical Indicators
Recent close $21.11
30d moving avg. $21.81
Annualized volatility 18.8%
Short interest (ETF) 0.0%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.55%
ADV underlying (mns) $19,047

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the US Equity Dividend Select ETF ETF based on the alternatives' overlap in portfolio holdings with RNDV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: RNDV Expense: 50 bp ALTAR Score™: 8.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH RNDV
Ticker Fund
Name
Overlap1
vs RNDV
(%)
Expense
ratio
(bp)
Savings
vs RNDV
(bp)
ALTAR
Score™
(%)
ALTAR
vs RNDV
(%)
USDY Pacific Global US Equity Income ETF 52.3 29 21 7.3 -0.8
RNLC Large Cap US Equity Select ETF 49.6 60 -10 6.3 -1.8
SCHV Schwab U.S. Large-Cap Value ETF 45.8 4 46 7.2 -0.9
VYM Vanguard High Dividend Yield Index ETF 44.2 6 44 7.6 -0.5
DLN WisdomTree U.S. LargeCap Dividend Fund 43.4 28 22 7.1 -1.1
DTD WisdomTree U.S.Total Dividend Fund 42.3 28 22 7.2 -0.9
VTV Vanguard Value Index Fund 41.9 4 46 7.4 -0.7
DIVB iShares U.S. Dividend & Buyback ETF 41.8 25 25 7.2 -0.9
VOOV Vanguard S&P 500 Value ETF 41.2 10 40 7.4 -0.7
IVE iShares S&P 500 Value ETF 40.8 18 32 7.3 -0.8
SPYV SPDR Portfolio S&P 500 Value ETF 40.7 4 46 7.5 -0.6
IUSV iShares Core S&P U.S. Value ETF 39.2 4 46 7.5 -0.6
DTN WisdomTree U.S. Dividend ex-Financials Fund 38.8 38 12 8.1 -0.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 37.9 25 25 7.4 -0.7
FDRR Fidelity Dividend ETF for Rising Rates 37.8 29 21 7.8 -0.4
PRF Invesco FTSE RAFI US 1000 ETF 37.6 39 11 7.4 -0.8
MGV Vanguard Mega Cap Value ETF 37.6 7 43 7.3 -0.8
RAFE PIMCO RAFI ESG U.S. ETF 37.5 29 21 7.7 -0.4
VONV Vanguard Russell 1000 Value Index Fund 37.3 8 42 7.1 -1.0
IWD iShares Russell 1000 Value ETF 37.2 19 31 7.0 -1.1
DGRO iShares Core Dividend Growth ETF 36.8 8 42 7.0 -1.1
JVAL JPMorgan U.S. Value Factor ETF 36.5 12 38 9.0 +0.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 36.3 9 41 6.1 -2.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 36.0 25 25 7.4 -0.7
RSP Invesco S&P 500 Equal Weight ETF 35.6 20 30 6.7 -1.4
SIZE iShares Edge MSCI USA Size Factor ETF 35.5 15 35 6.2 -1.9
FTA First Trust Large Cap Value AlphaDEX Fund 34.9 60 -10 9.4 +1.3
OUSA O'Shares FTSE US Quality Dividend ETF 34.8 48 2 6.6 -1.5
EPS WisdomTree U.S. Earnings 500 Fund 34.5 8 42 7.2 -0.9
DHS WisdomTree U.S. High Dividend Fund 34.2 38 12 8.9 +0.8
VLU SPDR S&P 1500 Value Tilt ETF 34.2 12 38 7.8 -0.4
JDIV JPMorgan U.S. Dividend ETF 33.9 12 38 8.0 -0.2
EUSA iShares MSCI USA Equal Weighted ETF 33.7 15 35 6.3 -1.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 33.5 15 35 6.9 -1.2
IUS Invesco Strategic US ETF 33.4 19 31 7.2 -1.0
RWL Invesco S&P 500 Revenue ETF 33.2 39 11 7.5 -0.6
QUS SPDR MSCI USA StrategicFactors ETF 33.1 15 35 6.3 -1.9
SPXT ProShares S&P 500 Ex-Technology ETF 32.6 27 23 5.6 -2.5
JHML John Hancock Multifactor Large Cap ETF 32.3 29 21 6.0 -2.1
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 31.9 35 15 8.7 +0.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 31.3 30 20 6.7 -1.5
ONEY SPDR Russell 1000 Yield Focus ETF 31.1 20 30 9.3 +1.1
PBP Invesco S&P 500 BuyWrite ETF 31.0 49 1 5.6 -2.5
SPY SPDR S&P 500 ETF Trust 31.0 9 41 6.1 -2.0
VLUE iShares Edge MSCI USA Value Factor ETF 30.8 15 35 11.7 +3.5
FEX First Trust Large Cap Core AlphaDEX Fund 30.8 60 -10 6.1 -2.0
SPLG SPDR Portfolio Large Cap ETF 30.6 3 47 6.2 -2.0
FLQL Franklin LibertyQ U.S. Equity ETF 30.6 15 35 6.4 -1.8
VOO VANGUARD S&P 500 ETF 30.6 3 47 6.2 -2.0
HSPX Global X S&P 500 Covered Call ETF 30.6 60 -10 5.6 -2.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 30.5 20 30 6.1 -2.0
IVV iShares Core S&P 500 ETF 30.5 3 47 6.2 -2.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 30.4 7 43 6.0 -2.1
PBUS Invesco PureBeta MSCI USA ETF 30.1 4 46 6.0 -2.1
IWX iShares Russell Top 200 Value ETF 30.1 20 30 6.8 -1.3
SPXE ProShares S&P 500 Ex-Energy ETF 30.0 27 23 6.1 -2.0
VV Vanguard Large-Cap Index Fund 29.9 4 46 5.9 -2.2
EQWL Invesco Russell Top 200 Equal Weight ETF 29.9 25 25 6.3 -1.8
SCIU Global X Scientific Beta US ETF 29.9 19 31 5.7 -2.4
SCHX Schwab U.S. Large-Cap ETF 29.8 3 47 6.0 -2.2
SDOG ALPS Sector Dividend Dogs ETF 29.4 40 10 10.5 +2.4
SPTM SPDR Portfolio Total Stock Market ETF 29.2 3 47 6.2 -1.9
DEW WisdomTree Global High Dividend Fund 29.2 58 -8 9.7 +1.6
MGC Vanguard Mega Cap Index Fund 29.1 7 43 6.0 -2.1
SCHK Schwab 1000 Index ETF 29.0 5 45 5.9 -2.2
IYY iShares Dow Jones U.S. ETF 28.9 20 30 5.8 -2.3
ESGU iShares MSCI USA ESG Optimized ETF 28.9 15 35 5.8 -2.3
IWB iShares Russell 1000 ETF 28.8 15 35 5.8 -2.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 28.7 29 21 6.4 -1.8
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 28.6 35 15 8.6 +0.5
VONE Vanguard Russell 1000 ETF 28.5 8 42 5.8 -2.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 28.5 9 41 6.3 -1.9
ROUS Hartford Multifactor US Equity ETF 28.5 19 31 6.6 -1.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 28.4 2 48 6.0 -2.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 28.4 18 32 6.3 -1.8
CATH Global X S&P 500 Catholic Values Custom ETF 28.4 29 21 6.0 -2.2
SPXN ProShares S&P 500 Ex-Financials ETF 28.3 27 23 5.9 -2.2
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 28.2 17 33 6.6 -1.5
FVD First Trust Value Line Dividend Index Fund 28.1 70 -20 6.4 -1.8
VTHR Vanguard Russell 3000 Index Fund 28.0 10 40 5.7 -2.4
SCHB Schwab U.S. Broad Market ETF 28.0 3 47 5.8 -2.3
SPXV ProShares S&P 500 Ex-Health Care ETF 28.0 27 23 5.9 -2.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 28.0 3 47 5.8 -2.4
SFY SoFi Select 500 ETF 27.9 0 50 5.7 -2.5
VALQ American Century STOXX U.S. Quality Value ETF 27.8 29 21 9.2 +1.1
SUSL iShares ESG MSCI USA Leaders ETF 27.7 10 40 5.3 -2.8
IWV iShares Russell 3000 ETF 27.6 20 30 5.6 -2.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 27.5 10 40 5.4 -2.8
FDVV Fidelity Core Dividend ETF 27.4 29 21 7.8 -0.4
SNPE Xtrackers S&P 500 ESG ETF 27.2 10 40 6.1 -2.0
PFM Invesco Dividend Achievers ETF 27.2 53 -3 5.4 -2.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 27.1 20 30 5.7 -2.4
VTI Vanguard Total Stock Market Index Fund 27.0 3 47 5.7 -2.4
JKF iShares Morningstar Large Cap Value ETF 26.9 25 25 7.7 -0.4
IQSU IQ Candriam ESG US Equity ETF 26.7 9 41 6.3 -1.9
BKLC BNY Mellon US Large Cap Core Equity ETF 26.7 0 50 6.1 -2.0
CFA VictoryShares US 500 Volatility Weighted Index ETF 26.6 35 15 5.9 -2.3
IWL iShares Russell Top 200 ETF 26.6 15 35 5.9 -2.3
NACP Impact Shares NAACP Minority Empowerment ETF 26.5 75 -25 5.7 -2.4
SPDV AAM S&P 500 High Dividend Value ETF 26.5 29 21 10.3 +2.1

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:
US Equity Dividend Select 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 16.2 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 8.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 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.