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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.62% 0.05% 1.335B 233670.8
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
1.86% 90.00% 481.10M Upgrade

Basic Info

Investment Strategy
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant® Financials Index. The fund will invest at least 90% of its net assets (including investment borrowings) in the common stocks and real estate investment trusts that comprise the index. The index is a modified equal-dollar weighted index designed by IDI to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Financial
Category Index S&P 1500 Financials TR
Prospectus Objective Specialty - Financial
Fund Owner Firm Name First Trust
Prospectus Benchmark Index
StrataQuant Financials TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Daniel Lindquist 14.33 yrs
David McGarel 14.33 yrs
Jon Erickson 14.33 yrs
Roger Testin 14.33 yrs
Stan Ueland 14.33 yrs
Chris Peterson 5.46 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 14
481.10M
-155.56M Category Low
12.42B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of August 31, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
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--
--
--
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of September 22, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
8.75%
1.11%
18.34%
17.88%
-11.71%
26.30%
5.86%
29.25%
4.94%
-0.87%
7.51%
22.40%
-8.71%
27.67%
15.90%
15.50%
7.52%
1.80%
32.33%
10.42%
-17.43%
31.43%
-7.59%
27.24%
2.76%
2.52%
30.80%
10.48%
-19.63%
29.78%
-8.66%
20.84%
7.31%
3.98%
18.18%
14.18%
-11.45%
25.95%
-2.89%
17.53%
7.69%
5.98%
21.42%
12.82%
-5.99%
27.19%
-3.00%
13.79%
As of September 22, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (9-23-21) 1.86%
30-Day SEC Yield (8-31-21) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 8.430
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of September 22, 2021

Growth Estimates

Forecasted 5 Yr Earnings Growth --
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of September 22, 2021

Asset Allocation

As of September 21, 2021.
Type % Net % Long % Short
Cash 0.07% Upgrade Upgrade
Stock 99.93% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Blackstone Inc 2.05% 127.10 1.02%
MGIC Investment Corp 1.74% 15.12 1.14%
First American Financial Corp 1.70% 66.83 -0.37%
Janus Henderson Group PLC 1.69% 41.95 1.26%
Jefferies Financial Group Inc 1.68% 37.28 2.70%
Credit Acceptance Corp 1.66% 582.36 -2.66%
Fidelity National Financial Inc 1.65% 45.98 1.21%
Markel Corp 1.62% 1211.00 -0.57%
Goldman Sachs Group Inc 1.60% 391.82 1.65%
Arch Capital Group Ltd 1.58% 38.99 -0.08%

Basic Info

Investment Strategy
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant® Financials Index. The fund will invest at least 90% of its net assets (including investment borrowings) in the common stocks and real estate investment trusts that comprise the index. The index is a modified equal-dollar weighted index designed by IDI to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Financial
Category Index S&P 1500 Financials TR
Prospectus Objective Specialty - Financial
Fund Owner Firm Name First Trust
Prospectus Benchmark Index
StrataQuant Financials TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Daniel Lindquist 14.33 yrs
David McGarel 14.33 yrs
Jon Erickson 14.33 yrs
Roger Testin 14.33 yrs
Stan Ueland 14.33 yrs
Chris Peterson 5.46 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (9-23-21) 1.86%
30-Day SEC Yield (8-31-21) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 8.430
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of September 22, 2021

Growth Estimates

Forecasted 5 Yr Earnings Growth --
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of September 22, 2021

Fund Details

Key Dates
Inception Date 5/8/2007
Last Annual Report Date 7/31/2020
Last Prospectus Date 12/1/2020
Attributes
Enhanced Index Fund No
Index Fund Yes
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No