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WCMI - AI Analysis
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First Trust WCM International Equity ETF (WCMI)
Rating:64Neutral
Price Target:
$18.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as Rolls-Royce and Babcock International, have delivered strong year-to-date performance, boosting overall returns.
Global Diversification
The ETF invests in companies across multiple countries, including the USA, UK, Japan, and Germany, reducing reliance on a single geographic market.
Sector Balance
The fund is spread across diverse sectors like Industrials, Financials, and Health Care, which helps mitigate risks from sector-specific downturns.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio of 0.85%, which can eat into investor returns over time.
Underperforming Holdings
Some top holdings, such as Novo Nordisk and Brookfield Corporation, have shown weak or negative year-to-date performance, potentially dragging on the fund's overall growth.
Heavy U.S. Exposure
With nearly 42% of its assets in U.S. companies, the fund is heavily reliant on the performance of the American market, which may limit global diversification benefits.
WCMI vs. SPDR S&P 500 ETF (SPY)
AUM642.86M
RegionGlobal Ex-U.S.
Expense Ratio0.85%
Beta0.67
IssuerFirst Trust
Inception DateOct 07, 2024
Dividend Yield12.39%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume241,521
30 Day Avg. Volume382,188
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
18.84Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
WCMI Summary
The First Trust WCM International Equity ETF (Ticker: WCMI) is a fund that invests in companies from around the world, offering exposure to both emerging and developed markets. It includes well-known companies like Rolls-Royce and Sony, and focuses on industries such as industrials, financials, and healthcare. This ETF is a good choice for investors looking to diversify their portfolio beyond the U.S. and tap into global growth opportunities. However, since it invests internationally, its performance can be influenced by currency fluctuations and economic conditions in other countries.
How much will it cost me?The First Trust WCM International Equity ETF (WCMI) has an expense ratio of 0.85%, which means you’ll pay $8.50 per year for every $1,000 invested. This is higher than average because it is actively managed, meaning professional managers are selecting investments rather than tracking an index.
What would affect this ETF?The WCMI ETF, with its focus on international equities across various sectors, could benefit from global economic growth and advancements in industries like technology and healthcare, which are key components of its portfolio. However, it may face challenges from geopolitical tensions, currency fluctuations, or regulatory changes in the countries where its holdings are based, as well as potential slowdowns in industrial or financial sectors. Investors should also consider how changes in interest rates or inflation could impact the fund's performance.
WCMI Top 10 Holdings
The First Trust WCM International Equity ETF (WCMI) leans heavily on industrials and financials, with Rolls-Royce and Babcock International among its top contributors. Rolls-Royce is steady, benefiting from strategic progress, while Babcock shows mixed momentum despite stable financials. Novo Nordisk, however, is lagging, weighed down by challenges in the U.S. market and declining cash flow. Prosus adds a touch of optimism with bullish momentum driven by growth in key segments. With a global ex-U.S. focus, this fund offers diversification but remains concentrated in industrials, making sector performance pivotal to its trajectory.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings | 7.45% | $47.38M | £98.25B | 122.62% | 71 Outperform | |
| Babcock International | 4.91% | $31.22M | £6.00B | 154.24% | 67 Neutral | |
| Siemens Energy | 4.73% | $30.08M | $104.54B | 199.40% | 62 Neutral | |
| Prosus | 4.14% | $26.34M | €133.44B | 71.37% | 77 Outperform | |
| Companhia De Saneamento | 2.70% | $17.21M | $16.74B | 54.06% | 74 Outperform | |
| Sony Group | 2.68% | $17.05M | $168.07B | 57.67% | 78 Outperform | |
| Brookfield Corporation | 2.65% | $16.89M | $113.31B | 29.51% | 61 Neutral | |
| Tokyo Electron | 2.30% | $14.62M | ¥15.11T | 34.93% | 76 Outperform | |
| Trane Technologies | 2.29% | $14.57M | $99.32B | 20.59% | 76 Outperform | |
| Novo Nordisk | 2.26% | $14.40M | $221.90B | -55.30% | 71 Outperform |
WCMI Technical Analysis
Positive
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Price Trends
16.46
Positive
16.05
Positive
15.20
Positive
Market Momentum
0.09
Positive
53.49
Neutral
82.23
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For WCMI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 16.81, equal to the 50-day MA of 16.46, and equal to the 200-day MA of 15.20, indicating a bullish trend. The MACD of 0.09 indicates Positive momentum. The RSI at 53.49 is Neutral, neither overbought nor oversold. The STOCH value of 82.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WCMI.
WCMI Peer Comparison
Comparison Results
Performance Comparison
WCMI
First Trust WCM International Equity ETF
16.82
3.33
24.68%
APIE
ActivePassive International Equity ETF
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CGIC
Capital Group International Core Equity ETF
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OSEA
Harbor International Compounders ETF
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MFSI
MFS Active International ETF
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IDVO
Amplify International Enhanced Dividend Income 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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