FICSFirst Trust International Developed Capital Strength ETF
FICS Fund Description
The First Trust International Developed Capital Strength ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called The International Developed Capital Strength IndexSM (the “Index”).
FICS Factset Analytics Insight
FICS provides exposure to companies of any market cap with strong market positions that potentially provide a greater degree of stability and performance over time. With the NASDAQ Developed ex-US Index as its initial universe, securities (which may include common stocks and REITs) are first ranked by market cap and those not in the top 500 are excluded. Eligible securities are then screened for fundamental factors such as long-term debt-to-market cap ratio and return-on-equity ratio, before being ranked once again by a combined short-term (three-months) and long-term (one year) historical volatility. The 50 securities with the lowest volatility scores are selected for inclusion in the underlying index. Moreover, the index is equal-dollar weighted such that no industry or country has a weight greater than 30%. The fund will use the net total return version of the index
FICS MSCI ESG Analytics Insight
First Trust International Developed Capital Strength ETF has an MSCI ESG Fund Rating of AAA based on a score of 9.18 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 International Developed Capital Strength ETF ranks in the 93th percentile within its peer group and in the 87th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FICS 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.
FICS Summary Data
FICS Portfolio Data
FICS Index Data
FICS Portfolio Management
FICS Tax Exposures
FICS Fund Structure
FICS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FICS. FICS is rated a N/A out of 5.
FICS Sector/Industry Breakdown
FICS Top 10 Holdings[View All]
FICS Economic Development
FICS Performance Statistics
FICS MSCI ESG Ratings
FICS Benchmark Comparison Summary
FICS Benchmark Comparison Market Cap Size