First Trust Nasdaq Artificial Intelligence & Robotics ETF
ALTAR
Score™		 3.8% info Recommen-
dation		 NEUTRAL
2020E    2021E
P/E
ratio		 43.6x P/Sales
ratio		 2.3x
P/BV
ratio		 2.5x Div.
yield		 0.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust Nasdaq Artificial Intelligence and Robotics ETF tracks a modified equal-weighted index of roughly 90 all-cap, global companies involved in artificial intelligence or robotics.

FUND BASICS
Category Global Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Feb 21, 2018
Assets (mns) $111
Currency USD
Expense ratio 65 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 102
Wgt avg mkt cap (mns) $43,527
Large cap (>$10bn) 44.6%
Mid cap ($2-10bn) 36.8%
Small cap (<$2bn) 18.6%
Developed mkts 95.0%
Emerging mkts 5.0%

TOP TEN HOLDINGS
CORELOGIC INC 2.5 %
IROBOT CORP 2.1 %
ATOS ORIGIN SA 2.1 %
PROS HOLDINGS INC 2.1 %
NUANCE COMMUNICATIONS INC 2.1 %
DYNATRACE, INC. 2.0 %
AEROVIRONMENT INC 2.0 %
SYNOPSYS INC 2.0 %
TRIMBLE NAVIGATION LTD 2.0 %
PEGASYSTEMS INC 2.0 %
Total 21.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 52.1 %
JAPAN 14.6 %
BRITAIN 5.4 %
FRANCE 5.2 %
ISRAEL 3.7 %
SOUTH KOREA 2.4 %
SWEDEN 2.0 %
CHINA 1.9 %
CANADA 1.9 %
GERMANY 1.6 %

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.
4.8% 8.9% -- -- 9.6%

Market Correlations
versus... Beta R-squared
S&P500 1.29 91%
MSCI EAFE 1.27 75%
MSCI Emg. Mkts. 0.94 61%

Technical Indicators
Recent close $36.25
30d moving avg. $35.32
Annualized volatility 25.6%
Short interest (ETF) 0.2%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 20
Turnover 0.7%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $76,455

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: ROBT Expense: 65 bp ALTAR Score™: 3.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ROBT
Ticker Fund
Name		 Overlap1
vs ROBT
(%)		 Expense
ratio
(bp)		 Savings
vs ROBT
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ROBT
(%)
ROBO Robo Global Robotics & Automation Index ETF 35.2 95 -30 3.6 -0.3
GMAN Goldman Sachs Motif Manufacturing Revolution ETF 22.1 50 15 4.1 +0.2
IQM Franklin Intelligent Machines ETF 19.7 50 15 2.1 -1.8
IRBO iShares Robotics & Artificial Intelligence ETF 17.4 47 18 2.7 -1.1
ARKQ Ark Industrial Innovation ETF 17.3 75 -10 0.7 -3.2
BOTZ Global X Robotics & Artificial Intelligence ETF 17.3 68 -3 2.9 -0.9
THNQ ROBO Global Artificial Intelligence ETF 16.3 68 -3 1.9 -1.9
LOUP Innovator Loup Frontier Tech ETF 16.1 70 -5 4.0 +0.2
QTUM Defiance Quantum ETF 15.7 40 25 5.8 +1.9
XT iShares Exponential Technologies ETF 15.2 47 18 5.1 +1.3
DTEC ALPS Disruptive Technologies ETF 14.3 50 15 3.6 -0.3
JHMT John Hancock Multifactor Technology ETF 14.0 40 25 5.0 +1.1
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 13.8 59 6 3.7 -0.2
FXL First Trust Technology AlphaDEX Fund 13.3 61 4 3.2 -0.7
RYT Invesco S&P 500 Equal Weight Technology ETF 13.1 40 25 6.7 +2.9
GDAT Goldman Sachs Motif Data-Driven World Etf 12.4 50 15 5.0 +1.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 12.3 57 8 5.0 +1.1
PRNT The 3D Printing ETF 11.6 66 -1 1.2 -2.7
AIQ Global X Future Analytics Tech ETF 11.6 68 -3 3.9 +0.1
XKST SPDR Kensho Smart Mobility ETF 11.5 45 20 5.3 +1.5
FTC First Trust Large Cap Growth AlphaDEX Fund 11.5 61 4 2.9 -0.9
IGV iShares North American Tech-Software ETF 11.4 46 19 2.4 -1.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 11.3 59 6 4.2 +0.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 11.3 35 30 4.4 +0.6
RPG Invesco S&P 500 Pure Growth ETF 10.7 35 30 4.4 +0.6
KOMP SPDR Kensho New Economies Composite ETF 10.6 20 45 2.6 -1.3
ETHO Etho Climate Leadership U.S. ETF 10.5 47 18 4.4 +0.6
IDRV iShares Self-driving EV & Tech ETF 10.0 47 18 7.2 +3.3
JKH iShares Morningstar Mid-Cap Growth ETF 9.6 30 35 2.3 -1.6
PDP Invesco DWA Momentum ETF 9.4 62 3 2.8 -1.1
PEXL Pacer US Export Leaders ETF 9.4 60 5 6.1 +2.2
MOTO SmartETFs Smart Transportation & Technology ETF 9.4 68 -3 7.9 +4.0
EKAR Innovation Shares NextGen Vehicles & Technology ETF 9.3 95 -30 8.6 +4.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 9.0 75 -10 3.8 -0.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 9.0 66 -1 2.5 -1.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 8.8 75 -10 2.1 -1.8
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 8.7 49 16 5.2 +1.4
IWP iShares Russell Mid-Cap Growth ETF 8.6 24 41 4.1 +0.3
QGRO American Century STOXX U.S. Quality Growth ETF 8.5 29 36 3.2 -0.7
TECB iShares US Tech Breakthrough Multisector ETF 8.5 40 25 4.0 +0.2
XSW SPDR S&P Software & Services ETF 8.4 35 30 4.0 +0.2
EQWM Invesco S&P MidCap Quality ETF 8.3 25 40 6.5 +2.6
JMOM JPMorgan U.S. Momentum Factor ETF 8.3 12 53 3.9 +0.0
JKE iShares Morningstar Large-Cap Growth ETF 8.1 25 40 2.9 -1.0
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 8.1 17 48 6.6 +2.7
FEX First Trust Large Cap Core AlphaDEX Fund 7.9 60 5 6.0 +2.2
DRIV Global X Autonomous & Electric Vehicles ETF 7.9 68 -3 5.6 +1.8
MTUM iShares Edge MSCI USA Momentum Factor ETF 7.7 15 50 4.2 +0.4
PTF Invesco DWA Technology Momentum ETF 7.6 60 5 1.2 -2.6
EXT WisdomTree U.S. Total Earnings Fund 7.6 28 37 5.3 +1.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 7.6 20 45 6.2 +2.3
IYW iShares U.S. Technology ETF 7.6 42 23 4.0 +0.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 7.5 20 45 6.1 +2.3
USMF WisdomTree U.S. Multifactor Fund 7.5 28 37 5.5 +1.6
XTH SPDR S&P Technology Hardware ETF 7.4 0 65 0.0 -3.8
ACWI iShares MSCI ACWI ETF 7.3 32 33 5.9 +2.1
SMH VanEck Vectors Semiconductor ETF 7.3 35 30 5.6 +1.7
HLAL Wahed FTSE USA Shariah ETF 7.3 50 15 4.7 +0.8
IXN iShares Global Tech ETF 7.2 46 19 4.5 +0.7
FTEC Fidelity MSCI Information Technology Index ETF 7.2 8 57 4.6 +0.7
CLRG IQ Chaikin U.S. Large Cap ETF 7.2 25 40 6.1 +2.2
SFY SoFi Select 500 ETF 7.2 0 65 5.3 +1.5
XNTK SPDR NYSE Technology ETF 7.2 35 30 3.7 -0.1
NULG Nuveen ESG Large-Cap Growth ETF 7.2 35 30 3.6 -0.3
VGT Vanguard Information Technology Index Fund 7.2 10 55 4.6 +0.7
IGM iShares Expanded Tech Sector ETF 7.2 46 19 3.8 -0.0
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 7.1 99 -34 2.3 -1.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 7.1 60 5 4.4 +0.6
VONG Vanguard Russell 1000 Growth Index Fund 7.1 8 57 4.3 +0.4
URTH iShares MSCI World ETF 7.0 24 41 5.7 +1.9
RNLC Large Cap US Equity Select ETF 7.0 60 5 6.2 +2.4
PBUS Invesco PureBeta MSCI USA ETF 7.0 4 61 5.3 +1.5
NUMG Nuveen ESG Mid-Cap Growth ETF 6.9 40 25 2.4 -1.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 6.9 9 56 5.6 +1.7
SCHX Schwab U.S. Large-Cap ETF 6.9 3 62 5.3 +1.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 6.9 49 16 4.1 +0.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 6.9 21 44 3.0 -0.9
IYY iShares Dow Jones U.S. ETF 6.9 20 45 5.2 +1.4
VGFO Virtus WMC Global Factor Opportunities ETF 6.9 49 16 6.0 +2.1
BFOR Barron's 400 ETF 6.9 65 0 6.4 +2.6
BLCN Reality Shares Nasdaq NextGen Economy ETF 6.9 68 -3 4.2 +0.3
FIVG Defiance Next Gen Connectivity ETF 6.9 30 35 4.9 +1.0
IQSU IQ Candriam ESG US Equity ETF 6.8 9 56 5.1 +1.3
VONE Vanguard Russell 1000 ETF 6.8 8 57 5.3 +1.5
DEF Invesco Defensive Equity ETF 6.8 55 10 5.1 +1.3
IWB iShares Russell 1000 ETF 6.8 15 50 5.2 +1.4
SCHB Schwab U.S. Broad Market ETF 6.8 3 62 5.3 +1.4
SCHK Schwab 1000 Index ETF 6.8 5 60 5.3 +1.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 6.8 3 62 5.2 +1.4
IWF iShares Russell 1000 Growth ETF 6.8 19 46 4.2 +0.3
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 6.7 30 35 6.0 +2.1
IETC iShares Evolved U.S. Technology ETF 6.7 18 47 3.8 -0.0
IWV iShares Russell 3000 ETF 6.7 20 45 5.1 +1.3
JHML John Hancock Multifactor Large Cap ETF 6.7 29 36 5.6 +1.8
NUSI Nationwide Risk-Managed Income ETF 6.7 68 -3 3.5 -0.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 6.7 2 63 5.4 +1.5
VTHR Vanguard Russell 3000 Index Fund 6.7 10 55 5.2 +1.4
QYLD Global X NASDAQ 100 Covered Call ETF 6.7 60 5 3.5 -0.4
VT Vanguard Total World Stock Index Fund 6.7 8 57 6.2 +2.4
QQQ Invesco QQQ Trust 6.7 20 45 3.9 +0.0

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 Nasdaq Artificial Intelligence & Robotics 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 10.7 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 3.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 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.