US Equity Dividend Select ETF
ALTAR
Score™
7.2% info Recommen-
dation
SPECULATIVE
2021E    2022E
P/E
ratio
14.1x P/Sales
ratio
1.3x
P/BV
ratio
2.6x Div.
yield
3.2%


  • 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) $7
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 212
Wgt avg mkt cap (mns) $77,278
Large cap (>$10bn) 98.4%
Mid cap ($2-10bn) 1.7%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SEAGATE TECHNOLOGY 3.6 %
INTL BUSINESS MACHINES CORP 3.6 %
HEWLETT PACKARD ENTERPRISE CO. 3.5 %
BROADCOM INC. 2.5 %
INTEL CORP 2.4 %
HP INC. 2.4 %
OMNICOM GROUP 2.1 %
CBS CORP-CLASS B NON VOTING 2.0 %
CORNING INC 1.9 %
GILEAD SCIENCES INC 1.9 %
Total 25.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 91.6 %
IRELAND 5.5 %
SWITZERLAND 2.4 %
BRITAIN 0.2 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
7.7% 28.7% -- -- 11.3%

Market Correlations
versus... Beta R-squared
S&P500 1.05 89%
MSCI EAFE 1.05 87%
MSCI Emg. Mkts. 0.84 69%

Technical Indicators
Recent close $26.48
30d moving avg. $26.05
Annualized volatility 20.6%
Short interest (ETF) 4.6%
Short interest (Underlying) 2.9%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.4%
Bid/Ask (% of price) 0.38%
ADV underlying (mns) $75,325

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 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™: 7.2%


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 46.2 60 -10 5.3 -1.9
VYM Vanguard High Dividend Yield Index ETF 45.5 6 44 6.8 -0.4
VOOV Vanguard S&P 500 Value ETF 43.3 10 40 6.2 -0.9
VTV Vanguard Value Index Fund 40.8 4 46 6.6 -0.6
SCHV Schwab U.S. Large-Cap Value ETF 40.7 4 46 6.1 -1.1
DLN WisdomTree U.S. LargeCap Dividend Fund 40.6 28 22 6.4 -0.8
DIVB iShares U.S. Dividend & Buyback ETF 40.0 25 25 6.0 -1.2
DTN WisdomTree U.S. Dividend ex-Financials Fund 39.7 38 12 7.1 -0.0
DTD WisdomTree U.S.Total Dividend Fund 38.7 28 22 6.4 -0.7
SPYV SPDR Portfolio S&P 500 Value ETF 38.7 4 46 6.3 -0.9
IVE iShares S&P 500 Value ETF 38.7 18 32 6.1 -1.0
DGRO iShares Core Dividend Growth ETF 37.4 8 42 6.4 -0.8
IUSV iShares Core S&P U.S. Value ETF 37.2 4 46 6.3 -0.9
VONV Vanguard Russell 1000 Value Index Fund 36.3 8 42 6.1 -1.1
FDRR Fidelity Dividend ETF for Rising Rates 36.2 29 21 6.1 -1.0
MGV Vanguard Mega Cap Value ETF 35.7 7 43 6.6 -0.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 35.5 25 25 5.6 -1.5
PRF Invesco FTSE RAFI US 1000 ETF 34.8 39 11 5.7 -1.5
RAFE PIMCO RAFI ESG U.S. ETF 34.5 30 20 6.7 -0.5
IWD iShares Russell 1000 Value ETF 34.4 19 31 5.9 -1.2
FTA First Trust Large Cap Value AlphaDEX Fund 33.8 60 -10 7.2 +0.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 33.5 25 25 5.5 -1.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 33.4 35 15 7.5 +0.4
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 33.4 35 15 7.6 +0.4
EPS WisdomTree U.S. Earnings 500 Fund 33.1 8 42 6.1 -1.0
JVAL JPMorgan U.S. Value Factor ETF 33.1 12 38 7.1 -0.1
RWL Invesco S&P 500 Revenue ETF 33.0 39 11 6.1 -1.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 32.8 9 41 5.1 -2.1
RSP Invesco S&P 500 Equal Weight ETF 32.1 20 30 5.4 -1.8
QUS SPDR MSCI USA StrategicFactors ETF 32.0 15 35 5.4 -1.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 31.9 30 20 5.2 -2.0
ESGV Vanguard ESG U.S. Stock ETF 31.9 12 38 4.6 -2.6
VLUE iShares MSCI USA Value Factor ETF 31.6 15 35 9.3 +2.2
SPXT ProShares S&P 500 Ex-Technology ETF 31.2 27 23 5.0 -2.1
EQWL Invesco Russell Top 200 Equal Weight ETF 31.1 25 25 5.8 -1.4
FLQL Franklin LibertyQ U.S. Equity ETF 31.0 15 35 6.0 -1.1
JDIV JPMorgan U.S. Dividend ETF 30.9 12 38 6.5 -0.7
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 30.9 17 33 6.1 -1.1
VLU SPDR S&P 1500 Value Tilt ETF 30.9 12 38 5.9 -1.2
JHML John Hancock Multifactor Large Cap ETF 30.8 29 21 5.0 -2.2
PBP Invesco S&P 500 BuyWrite ETF 30.5 49 1 4.5 -2.7
XYLG Global X S&P 500 Covered Call & Growth ETF 30.1 60 -10 4.4 -2.7
VALQ American Century STOXX U.S. Quality Value ETF 30.1 29 21 7.7 +0.5
JKF iShares Morningstar Large Cap Value ETF 29.9 25 25 6.9 -0.3
FVL First Trust Value Line 100 ETF 29.6 70 -20 0.0 -7.2
IUS Invesco Strategic US ETF 29.6 19 31 5.2 -1.9
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 29.6 20 30 4.9 -2.3
SPLG SPDR Portfolio Large Cap ETF 29.6 3 47 4.9 -2.3
SPY SPDR S&P 500 ETF Trust 29.6 9 41 4.8 -2.3
IVV iShares Core S&P 500 ETF 29.5 3 47 4.9 -2.3
IWX iShares Russell Top 200 Value ETF 29.5 20 30 6.1 -1.0
PFM Invesco Dividend Achievers ETF 29.4 53 -3 5.2 -2.0
FVD First Trust Value Line Dividend Index Fund 29.3 70 -20 5.8 -1.4
FEX First Trust Large Cap Core AlphaDEX Fund 29.3 60 -10 4.9 -2.2
SDOG ALPS Sector Dividend Dogs ETF 29.2 40 10 8.1 +1.0
VOO VANGUARD S&P 500 ETF 29.1 3 47 4.9 -2.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 29.1 7 43 4.7 -2.5
WOMN Impact Shares YWCA Women's Empowerment ETF 29.1 75 -25 3.7 -3.5
DVY iShares Select Dividend ETF 29.0 39 11 7.6 +0.4
EUSA iShares MSCI USA Equal Weighted ETF 28.9 15 35 5.1 -2.1
VV Vanguard Large-Cap Index Fund 28.8 4 46 4.7 -2.4
PBUS Invesco PureBeta MSCI USA ETF 28.7 4 46 4.8 -2.4
ROUS Hartford Multifactor US Equity ETF 28.7 19 31 6.1 -1.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 28.7 30 20 5.1 -2.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 28.6 2 48 4.8 -2.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 28.6 15 35 4.9 -2.3
SIZE iShares MSCI USA Size Factor ETF 28.5 15 35 5.1 -2.1
SPXE ProShares S&P 500 Ex-Energy ETF 28.3 27 23 4.8 -2.4
SCHX Schwab U.S. Large-Cap ETF 28.0 3 47 4.7 -2.5
SPDV AAM S&P 500 High Dividend Value ETF 28.0 29 21 7.8 +0.6
MGC Vanguard Mega Cap Index Fund 28.0 7 43 4.8 -2.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 27.9 15 35 0.0 -7.2
SPTM SPDR Portfolio Total Stock Market ETF 27.7 3 47 4.9 -2.2
ESGU iShares MSCI USA ESG Optimized ETF 27.5 15 35 4.6 -2.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 27.5 20 30 4.7 -2.4
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 27.4 30 20 7.7 +0.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 27.4 9 41 5.0 -2.2
IQSU IQ Candriam ESG US Equity ETF 27.2 9 41 4.7 -2.5
SCHK Schwab 1000 Index ETF 27.2 5 45 4.7 -2.5
IWB iShares Russell 1000 ETF 27.2 15 35 4.6 -2.6
IYY iShares Dow Jones U.S. ETF 27.2 20 30 4.6 -2.6
FUNL CornerCap Fundametrics Large-Cap ETF 27.1 50 0 7.2 +0.0
CATH Global X S&P 500 Catholic Values Custom ETF 27.1 29 21 4.6 -2.6
SNPE Xtrackers S&P 500 ESG ETF 26.9 10 40 4.9 -2.3
AUSF Global X Adaptive U.S. Factor ETF 26.9 27 23 7.8 +0.6
EFIV SPDR S&P 500 ESG ETF 26.9 10 40 4.9 -2.3
SFY SoFi Select 500 ETF 26.8 0 50 4.7 -2.4
SPXV ProShares S&P 500 Ex-Health Care ETF 26.7 27 23 4.4 -2.8
DGRW WisdomTree U.S. Quality Dividend Growth Fund 26.7 28 22 6.2 -0.9
DFAU Dimensional US Core Equity Market ETF 26.7 12 38 4.8 -2.4
CFA VictoryShares US 500 Volatility Weighted Index ETF 26.6 35 15 5.2 -2.0
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 26.6 35 15 5.2 -2.0
NULV Nuveen ESG Large-Cap Value ETF 26.5 35 15 6.2 -1.0
SPXN ProShares S&P 500 Ex-Financials ETF 26.4 27 23 4.4 -2.7
VONE Vanguard Russell 1000 ETF 26.4 8 42 4.7 -2.5
ESG FlexShares STOXX US ESG Impact Index Fund 26.3 32 18 4.7 -2.5

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 19.7 %
Divided by: Fwd. P/BV 2.6 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 7.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 CATEGORY
AVERAGE
1.50
 
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.