ducovest

HDMV:ARCA-First Trust Exchange-Traded Fund III Horizon Managed Volatility Developed International (USD)

ETF | Foreign Large Blend | NYSE Arca

Last Closing

USD 29.26

Change

+0.28 (+0.95)%

Market Cap

USD 0.03B

Volume

5.70K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide capital appreciation. The fund seeks to achieve its investment objective by investing at least 80% of its net assets in common stocks of domestic companies listed and traded on U.S. national securities exchanges that the sub-advisor believes exhibit low future expected volatility. To implement this strategy, the sub-advisor employs volatility forecasting models to forecast future expected volatility. The strategy is largely quantitative and rules-based, but also includes multiple parameters over which the sub-advisor may exercise discretion in connection with its active management of the fund. The fund is non-diversified.

Company Website : www.ftportfolios.com

Currency: USD

Country : USA

Inception Date: 24/08/2016

Primary Benchmark: MSCI EAFE NR USD

Primary Index: MSCI ACWI Ex USA NR USD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.80 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-09 )

Largest Industry Peers for Foreign Large Blend

Symbol Name Mer Price(Change) Market Cap
VEA Vanguard FTSE Developed Market.. 0.05 %

N/A

 USD 134.50B
EFA iShares MSCI EAFE ETF 0.31 %

N/A

 USD 54.20B
VEU Vanguard FTSE All-World ex-US .. 0.09 %

N/A

 USD 39.37B
SCHF Schwab International Equity ET.. 0.06 %

N/A

 USD 37.67B
SPDW SPDR S&P World ex US 0.05 %

N/A

 USD 20.49B
IDEV iShares Core MSCI Internationa.. 0.03 %

N/A

 USD 13.72B
IQLT iShares MSCI Intl Quality Fact.. 0.30 %

N/A

 USD 8.28B
DBEF Xtrackers MSCI EAFE Hedged Equ.. 0.36 %

N/A

 USD 5.95B
GSIE Goldman Sachs ActiveBeta® Int.. 0.25 %

N/A

 USD 3.67B
CWI SPDR® MSCI ACWI ex-US ETF 0.30 %

N/A

 USD 1.62B

ETFs Containing HDMV

N/A

Market Performance

  Market Performance vs. Industry/Classification (Foreign Large Blend) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.49% 6% D- 44% F
Dividend Return 0.32% 33% F 16% F
Total Return 1.81% 6% D- 39% F
Trailing 12 Months  
Capital Gain -0.85% 9% A- 28% F
Dividend Return 2.88% 35% F 42% F
Total Return 2.03% 6% D- 26% F
Trailing 5 Years  
Capital Gain -12.11% 9% A- 32% F
Dividend Return 10.59% 13% F 40% F
Total Return -1.51% 9% A- 26% F
Average Annual (5 Year Horizon)  
Capital Gain -2.59% 10% F 28% F
Dividend Return -0.21% 10% F 26% F
Total Return 2.38% 48% F 52% F
Risk Return Profile  
Volatility (Standard Deviation) 11.43% 93% A 78% C+
Risk Adjusted Return -1.87% 10% F 26% F
Market Capitalization 0.03B 13% F 14% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

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.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.