FCFY - ETF AI Analysis
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First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY)
Rating:70Neutral
Price Target:―
Positive Factors
Diversified Across Many Sectors
The fund spreads its investments across a wide range of industries, which can help reduce the impact if any one sector struggles.
Focused U.S. Exposure
Almost all holdings are in U.S. companies, which may appeal to investors who want targeted exposure to the U.S. market.
Meaningful Technology Allocation
A large portion of the portfolio is in technology stocks, giving investors exposure to a sector that can offer strong growth over time.
Negative Factors
Weak Recent Performance
The ETF’s returns so far this year have been negative, which may concern investors looking for stronger recent momentum.
Underperforming Top Holdings
Many of the largest positions have shown weak performance this year, which has likely weighed on the fund’s overall results.
Relatively High Expense Ratio
The fund charges a higher fee than many broad index ETFs, which can slowly reduce net returns over time.
FCFY vs. SPDR S&P 500 ETF (SPY)
AUM1.37M
RegionNorth America
Expense Ratio0.60%
Beta0.94
IssuerFirst Trust
Inception DateAug 23, 2023
Dividend Yield1.46%
Asset ClassEquity
Index TrackedS&P 500 Sector-Neutral FCF Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume86
30 Day Avg. Volume254
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
32.06Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering99
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FCFY Summary
The First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) tracks an index of S&P 500 companies that generate strong free cash flow, meaning they tend to bring in more cash than they spend. It mainly holds large, well-known U.S. businesses across many sectors, including technology, health care, and financials. Examples of companies in the fund are Adobe and Comcast. An investor might choose this ETF for broad U.S. stock market exposure with a focus on financially solid companies. However, it can still go up and down with the overall stock market.
How much will it cost me?The expense ratio for the First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) is 0.6%, which means you’ll pay $6 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed, focusing on selecting companies with strong free cash flow rather than simply tracking an index.
What would affect this ETF?The FCFY ETF, with its strong focus on large-cap U.S. companies and significant exposure to the technology sector, could benefit from continued innovation and growth in tech, as well as stable economic conditions that support consumer spending and corporate profitability. However, it may face challenges from rising interest rates, which can negatively impact growth-oriented sectors like technology, and potential regulatory changes targeting large-cap firms or specific industries. Broader economic downturns or reduced corporate free cash flow generation could also pose risks to the fund's performance.
FCFY Top 10 Holdings
This ETF leans heavily on U.S. tech and digital infrastructure, with names like Qualcomm and NetApp doing much of the heavy lifting as their shares have been steadily rising on the back of strong cloud and AI demand. Centene has also been a bright spot, giving the fund a boost from the health care side. On the flip side, GoDaddy, Comcast, and Trade Desk have been losing steam, dragging on returns as their stock trends remain weak. Overall, it’s a U.S.-centric, cash-flow-focused portfolio with a clear tilt toward technology.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Centene | 4.08% | $56.41K | $33.51B | 102.82% | 58 Neutral | |
| Skyworks Solutions | 3.42% | $47.36K | $9.41B | -18.74% | 70 Outperform | |
| Qualcomm | 3.10% | $42.89K | $185.77B | 17.96% | 80 Outperform | |
| NetApp | 3.10% | $42.85K | $30.20B | 55.02% | 76 Outperform | |
| HP | 3.06% | $42.40K | $20.06B | -11.01% | 61 Neutral | |
| Omnicom Group | 2.67% | $36.99K | $22.41B | 8.21% | 73 Outperform | |
| GoDaddy | 2.65% | $36.73K | $11.72B | -51.64% | 60 Neutral | |
| Comcast | 2.52% | $34.81K | $84.98B | -34.97% | 74 Outperform | |
| Gen Digital | 2.44% | $33.81K | $16.07B | -10.55% | 67 Neutral | |
| Workday | 2.26% | $31.32K | $33.44B | -42.62% | 73 Outperform |
FCFY Technical Analysis
Positive
―
Price Trends
27.34
Positive
26.61
Positive
26.74
Positive
Market Momentum
0.08
Negative
57.07
Neutral
77.99
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FCFY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.30, equal to the 50-day MA of 27.34, and equal to the 200-day MA of 26.74, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 57.07 is Neutral, neither overbought nor oversold. The STOCH value of 77.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FCFY.
FCFY Peer Comparison
Comparison Results
Performance Comparison
FCFY
First Trust S&P 500 Diversified Free Cash Flow ETF
27.78
2.55
10.11%
ACEP
ARS Core Equity Portfolio ETF
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FCUS
Pinnacle Focused Opportunities ETF
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JOYT
JPMorgan Equity and Options Total Return ETF
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EGGQ
NestYield Visionary ETF
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JHDG
John Hancock Hedged Equity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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