BICKFirst Trust BICK Index Fund
BICK Fund Description
BICK tracks an equal-weighted index of firms from Brazil, China, India and South Korea.
BICK Factset Analytics Insight
BICK is not a comprehensive emerging markets fund, as it only focuses on Brazil, India, China and South Korea. Instead, BICK is an alternative option to the popular "BRIC" theme, replacing Russia with South Korea. Notably, the fund skips emerging markets powerhouses like Russia, Taiwan and South Africa. BICK’s narrow version of emerging markets exposure leads to sector biases that come with the difference in country exposure, although it is less dramatic than one might expect. In addition, the underlying index screens securities based on market cap and liquidity. It then applies an equal-weighting scheme—each country is allocated 25% of the weight, and stocks within each country are equally-weighted, as well. The index is reconstituted and rebalanced on a quarterly basis.
BICK MSCI ESG Analytics Insight
First Trust BICK Index Fund has an MSCI ESG Fund Rating of BBB based on a score of 4.47 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust BICK Index Fund ranks in the 16th percentile within its peer group and in the 12nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
BICK MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
BICK Summary Data
BICK Portfolio Data
BICK Index Data
BICK Portfolio Management
BICK Tax Exposures
BICK Fund Structure
BICK Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BICK. BICK is rated a 3 out of 5.
BICK Sector/Industry Breakdown
BICK Top 10 Holdings[View All]
BICK Economic Development
BICK Performance Statistics
BICK MSCI ESG Ratings
BICK Benchmark Comparison Summary
BICK Benchmark Comparison Market Cap Size