US Equity Dividend Select ETF
ALTAR
Score™
7.7% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
26.8x P/Sales
ratio
1.2x
P/BV
ratio
2.0x Div.
yield
3.6%


  • 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 270
Wgt avg mkt cap (mns) $60,119
Large cap (>$10bn) 88.6%
Mid cap ($2-10bn) 11.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ABBVIE INC 2.3 %
BROADCOM INC. 2.0 %
INTL BUSINESS MACHINES CORP 1.9 %
CARNIVAL CORP 1.9 %
CORNING INC 1.6 %
MAXIM INTEGRATED PRODUCTS 1.6 %
SEAGATE TECHNOLOGY 1.5 %
QUALCOMM INC 1.5 %
ROYAL CARIBBEAN CRUISES LTD 1.5 %
PFIZER INC 1.5 %
Total 17.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.2 %
IRELAND 3.6 %
SWITZERLAND 0.7 %
BRITAIN 0.2 %
BERMUDA 0.1 %






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.
-13.7% -2.9% -- -- 4.1%

Market Correlations
versus... Beta R-squared
S&P500 1.05 92%
MSCI EAFE 1.08 85%
MSCI Emg. Mkts. 0.78 69%

Technical Indicators
Recent close $20.39
30d moving avg. $20.87
Annualized volatility 18.6%
Short interest (ETF) 0.0%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.5%
Bid/Ask (% of price) 0.63%
ADV underlying (mns) $125,008

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™: 7.7%


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
(%)
RNLC Large Cap US Equity Select ETF 61.1 60 -10 6.3 -1.5
USDY Pacific Global US Equity Income ETF 48.0 29 21 7.3 -0.4
SCHV Schwab U.S. Large-Cap Value ETF 46.4 4 46 7.2 -0.5
DLN WisdomTree U.S. LargeCap Dividend Fund 44.1 28 22 6.4 -1.3
DIVB iShares U.S. Dividend & Buyback ETF 43.5 25 25 6.6 -1.1
DTD WisdomTree U.S.Total Dividend Fund 43.2 28 22 6.7 -1.0
VOOV Vanguard S&P 500 Value ETF 41.2 15 35 7.4 -0.3
RSP Invesco S&P 500 Equal Weight ETF 41.1 20 30 6.8 -0.9
SPYV SPDR Portfolio S&P 500 Value ETF 41.0 4 46 7.5 -0.3
IVE iShares S&P 500 Value ETF 41.0 18 32 7.3 -0.4
VTV Vanguard Value Index Fund 40.9 4 46 7.5 -0.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 40.9 9 41 5.9 -1.8
VYM Vanguard High Dividend Yield Index ETF 40.9 6 44 7.4 -0.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 40.5 25 25 6.6 -1.2
IUSV iShares Core S&P U.S. Value ETF 39.9 4 46 7.6 -0.2
PRF Invesco FTSE RAFI US 1000 ETF 39.7 39 11 6.9 -0.9
JVAL JPMorgan U.S. Value Factor ETF 39.5 12 38 8.8 +1.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 38.7 25 25 6.6 -1.1
DTN WisdomTree U.S. Dividend ex-Financials Fund 38.4 38 12 8.1 +0.3
EUSA iShares MSCI USA Equal Weighted ETF 38.0 15 35 6.3 -1.4
SIZE iShares Edge MSCI USA Size Factor ETF 37.7 15 35 6.4 -1.3
JHML John Hancock Multifactor Large Cap ETF 37.6 29 21 5.6 -2.1
RAFE PIMCO RAFI ESG U.S. ETF 37.5 29 21 7.8 +0.1
IWD iShares Russell 1000 Value ETF 37.5 19 31 7.2 -0.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 37.4 30 20 6.6 -1.2
EPS WisdomTree U.S. Earnings 500 Fund 37.2 8 42 6.5 -1.2
VLU SPDR S&P 1500 Value Tilt ETF 37.1 12 38 7.5 -0.2
IUS Invesco Strategic US ETF 37.0 19 31 6.7 -1.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 37.0 15 35 6.2 -1.5
FLQL Franklin LibertyQ U.S. Equity ETF 37.0 15 35 6.3 -1.4
DGRO iShares Core Dividend Growth ETF 36.7 8 42 6.7 -1.1
RWL Invesco S&P 500 Revenue ETF 36.4 39 11 7.3 -0.4
JDIV JPMorgan U.S. Dividend ETF 36.0 12 38 8.0 +0.2
FTA First Trust Large Cap Value AlphaDEX Fund 35.5 60 -10 9.4 +1.7
MGV Vanguard Mega Cap Value ETF 35.4 7 43 7.3 -0.4
FEX First Trust Large Cap Core AlphaDEX Fund 35.3 60 -10 6.1 -1.6
QUS SPDR MSCI USA StrategicFactors ETF 35.0 15 35 5.9 -1.9
FDRR Fidelity Dividend ETF for Rising Rates 34.6 29 21 7.0 -0.7
VONV Vanguard Russell 1000 Value Index Fund 34.4 8 42 7.4 -0.4
OUSA O'Shares FTSE US Quality Dividend ETF 34.3 48 2 5.7 -2.0
ROUS Hartford Multifactor US Equity ETF 34.3 19 31 7.4 -0.4
SCIU Global X Scientific Beta US ETF 34.1 19 31 5.8 -1.9
PBP Invesco S&P 500 BuyWrite ETF 33.9 49 1 5.0 -2.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 33.7 18 32 6.3 -1.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 33.7 9 41 5.6 -2.2
HSPX Global X S&P 500 Covered Call ETF 33.6 65 -15 4.9 -2.8
SPXT ProShares S&P 500 Ex-Technology ETF 33.4 27 23 5.7 -2.1
SPY SPDR S&P 500 ETF Trust 33.4 9 41 5.4 -2.4
VOO VANGUARD S&P 500 ETF 33.3 3 47 5.4 -2.3
SPLG SPDR Portfolio Large Cap ETF 33.3 3 47 5.4 -2.3
IVV iShares Core S&P 500 ETF 33.3 4 46 5.4 -2.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 33.3 20 30 5.4 -2.4
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 33.1 17 33 6.6 -1.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 33.0 7 43 5.2 -2.5
VV Vanguard Large-Cap Index Fund 33.0 4 46 5.3 -2.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 32.9 2 48 5.3 -2.4
SPXE ProShares S&P 500 Ex-Energy ETF 32.7 27 23 5.3 -2.4
PBUS Invesco PureBeta MSCI USA ETF 32.7 4 46 5.3 -2.5
SCHX Schwab U.S. Large-Cap ETF 32.3 3 47 5.3 -2.4
CATH Global X S&P 500 Catholic Values Custom ETF 31.8 29 21 5.2 -2.5
SPTM SPDR Portfolio Total Stock Market ETF 31.7 3 47 5.5 -2.2
SCHK Schwab 1000 Index ETF 31.5 5 45 5.3 -2.4
VONE Vanguard Russell 1000 ETF 31.4 8 42 5.3 -2.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 31.4 29 21 6.3 -1.4
IYY iShares Dow Jones U.S. ETF 31.3 20 30 5.2 -2.6
ESGU iShares MSCI USA ESG Optimized ETF 31.3 15 35 5.1 -2.6
IWB iShares Russell 1000 ETF 31.3 15 35 5.2 -2.5
VALQ American Century STOXX U.S. Quality Value ETF 31.2 29 21 9.2 +1.5
VLUE iShares Edge MSCI USA Value Factor ETF 31.2 15 35 11.5 +3.8
CFA VictoryShares US 500 Volatility Weighted Index ETF 31.1 35 15 6.0 -1.8
SFY SoFi Select 500 ETF 31.0 0 50 5.2 -2.5
DHS WisdomTree U.S. High Dividend Fund 31.0 38 12 8.7 +1.0
MGC Vanguard Mega Cap Index Fund 31.0 7 43 5.2 -2.5
SPXN ProShares S&P 500 Ex-Financials ETF 30.8 27 23 5.0 -2.8
EQWL Invesco Russell Top 200 Equal Weight ETF 30.7 25 25 6.1 -1.6
AVUS Avantis U.S. Equity ETF 30.7 15 35 5.8 -2.0
SCHB Schwab U.S. Broad Market ETF 30.5 3 47 5.3 -2.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 30.4 3 47 5.2 -2.5
VTI Vanguard Total Stock Market Index Fund 30.4 3 47 5.2 -2.5
ONEY SPDR Russell 1000 Yield Focus ETF 30.4 20 30 9.5 +1.8
VTHR Vanguard Russell 3000 Index Fund 30.3 10 40 5.1 -2.6
IWV iShares Russell 3000 ETF 30.2 20 30 5.1 -2.7
SPXV ProShares S&P 500 Ex-Health Care ETF 30.0 27 23 5.0 -2.7
AFLG First Trust Active Factor Large Cap ETF 30.0 55 -5 5.6 -2.2
FVD First Trust Value Line Dividend Index Fund 29.8 70 -20 6.4 -1.3
QDF FlexShares Quality Dividend Index Fund 29.7 37 13 6.1 -1.6
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 29.7 29 21 6.8 -0.9
BKLC BNY Mellon US Large Cap Core Equity ETF 29.5 0 50 5.2 -2.5
IQSU IQ Candriam ESG US Equity ETF 29.5 9 41 5.1 -2.7
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 29.1 35 15 8.7 +1.0
QDYN FlexShares Quality Dividend Dynamic Index Fund 29.0 37 13 6.2 -1.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 28.9 20 30 5.0 -2.8
JQUA JPMorgan U.S. Quality Factor ETF 28.9 12 38 5.3 -2.5
RVRS Reverse Cap Weighted U.S. Large Cap ETF 28.8 29 21 8.3 +0.6
SNPE Xtrackers S&P 500 ESG ETF 28.6 11 39 5.1 -2.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 28.5 17 33 6.5 -1.3
DEW WisdomTree Global High Dividend Fund 28.2 58 -8 9.4 +1.7
RECS Columbia Research Enhanced Core ETF 28.2 15 35 5.7 -2.1
SUSL iShares ESG MSCI USA Leaders ETF 28.1 10 40 5.3 -2.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 28.0 10 40 5.3 -2.4

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 15.4 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.61 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.