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FTCE - ETF AI Analysis
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First Trust New Constructs Core Earnings Leaders ETF (FTCE)
Rating:71Outperform
Price Target:
$27.00
Positive Factors
Strong Top Holdings
Several key positions, such as Nvidia and Intel, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Technology, Financials, and Health Care, reducing reliance on any single industry.
Healthy Year-to-Date Performance
The fund has shown solid year-to-date growth, indicating strong momentum in its holdings.
Negative Factors
High Technology Exposure
Over 35% of the portfolio is concentrated in Technology, making the ETF vulnerable to downturns in this sector.
Limited Geographic Exposure
The ETF is entirely focused on U.S. companies, offering no diversification across international markets.
Above-Average Expense Ratio
The fund's expense ratio is higher than many similar ETFs, which could reduce net returns for investors over time.
FTCE vs. SPDR S&P 500 ETF (SPY)
AUM51.65M
RegionNorth America
Expense Ratio0.60%
Beta0.95
IssuerFirst Trust
Inception DateOct 02, 2024
Dividend Yield1.07%
Asset ClassEquity
Index TrackedBloomberg New Constructs Core Earnings Leaders Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume11,586
30 Day Avg. Volume6,039
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
28.12Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering103
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FTCE Summary
The First Trust New Constructs Core Earnings Leaders ETF (FTCE) is an investment fund that focuses on companies with strong financial health and sustainable earnings. It covers a wide range of industries in the U.S. market, including technology, healthcare, and finance. Some of its top holdings include well-known companies like Apple and Nvidia. This ETF is a good option for investors looking for diversification across sectors while prioritizing firms with solid earnings performance. However, since it is tied to the overall market, its value can go up or down depending on market conditions.
How much will it cost me?The First Trust New Constructs Core Earnings Leaders ETF (FTCE) has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, focusing on selecting companies with strong core earnings using advanced analytical techniques.
What would affect this ETF?FTCE's focus on companies with strong core earnings and its significant exposure to the technology sector could benefit from continued innovation and growth in tech, especially if consumer demand for advanced technologies remains high. However, the ETF's reliance on U.S.-based companies makes it vulnerable to domestic economic challenges, such as rising interest rates or regulatory changes affecting key sectors like technology and financials. Additionally, any downturn in global economic conditions or disruptions in supply chains could negatively impact its top holdings, including major players like Apple and Nvidia.
FTCE Top 10 Holdings
The First Trust New Constructs Core Earnings Leaders ETF (FTCE) leans heavily on technology, with names like Nvidia and Intel driving performance thanks to their strong momentum in AI and chip innovation. Apple, while steady, is losing some steam compared to its peers. On the flip side, AT&T has been a drag on the fund, struggling with bearish sentiment despite its focus on 5G. Financials like JPMorgan Chase show mixed results, balancing solid earnings with cautionary technical indicators. With a clear U.S. focus and a tech-heavy tilt, FTCE is riding the wave of innovation but faces challenges from lagging names in other sectors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| International Business Machines | 4.96% | $2.55M | $286.75B | 46.20% | 77 Outperform | |
| Apple | 4.75% | $2.44M | $3.99T | 18.75% | 80 Outperform | |
| Nvidia | 4.52% | $2.32M | $4.74T | 26.33% | 85 Outperform | |
| General Motors | 3.83% | $1.97M | $64.15B | 24.28% | 75 Outperform | |
| Eli Lilly & Co | 3.83% | $1.97M | $875.25B | 17.55% | 76 Outperform | |
| AT&T | 3.48% | $1.79M | $174.12B | 11.43% | 72 Outperform | |
| JPMorgan Chase | 3.46% | $1.78M | $848.47B | 32.59% | 72 Outperform | |
| KLA | 3.21% | $1.65M | $161.23B | 75.82% | 79 Outperform | |
| Booking Holdings | 3.11% | $1.60M | $158.31B | -0.44% | 63 Neutral | |
| Ford Motor | 2.99% | $1.54M | $52.24B | 19.71% | 74 Outperform |
FTCE Technical Analysis
Positive
―
Price Trends
24.10
Positive
23.20
Positive
21.66
Positive
Market Momentum
0.16
Positive
52.27
Neutral
16.74
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FTCE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 24.46, equal to the 50-day MA of 24.10, and equal to the 200-day MA of 21.66, indicating a bullish trend. The MACD of 0.16 indicates Positive momentum. The RSI at 52.27 is Neutral, neither overbought nor oversold. The STOCH value of 16.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FTCE.
FTCE Peer Comparison
Comparison Results
Performance Comparison
FTCE
First Trust New Constructs Core Earnings Leaders ETF
24.52
4.14
20.31%
RVER
Trenchless Fund ETF
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YALL
God Bless America ETF
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BAMD
Brookstone Dividend Stock ETF
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LCAP
Principal Capital Appreciation Select ETF
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STNC
Stance Equity ESG Large Cap Core 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.
Disclaimer
This 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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