The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Focus Five Index (the "index"). The fund will normally invest at least 90% of its net assets in the exchange-traded funds ("ETFs") that comprise the index. The index is designed to provide targeted exposure to the five First Trust sector-based ETFs that the index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe and that satisfy certain trading volume and liquidity requirements. The fund is non-diversified.
Inception Date: 05/03/2014
Primary Benchmark: Dorsey Wright Focus Five TR USD
Primary Index: S&P 500 TR USD
Gross Expense Ratio: 0.3%
Management Expense Ratio: 0.30 %
|QQQ||PowerShares QQQ Trust Ser 1||0.20 %||
|IUSG||iShares Core S&P U.S. Growth E..||0.04 %||
|VONG||Vanguard Russell 1000 Growth I..||0.12 %||
|ONEQ||Fidelity Nasdaq Composite Trac..||0.21 %||
|FTC||First Trust Large Cap Growth A..||0.61 %||
|QQEW||First Trust NASDAQ-100 Equal W..||0.60 %||
|LRGE||ClearBridge Large Cap Growth E..||0.59 %||
|CACG||ClearBridge All Cap Growth ETF||0.53 %||
|QQXT||First Trust NASDAQ-100 Ex-Tech..||0.60 %||
|MILN||Global X Millennials Thematic ..||0.50 %||
|Market Performance vs.
Industry/Classification (Large Growth)
|Market Performance vs. Exchange (NASDAQ Global Market)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||11.99%||8%||F||83%||B|
|Risk Adjusted Return||67.49%||15%||F||75%||C|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
The company has under performed its peers on annual average total returns in the past 5 years.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.