What is RNDM?

RNDM tracks an index of developed international ex-US equities, selected for low volatility and weighted according to a tiered methodology: first market-cap followed by modified equal weights.

PERFORMANCE [as of 03/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RNDM -2.83% 4.29% 3.73% -7.30% 12.77% 0.62% --
RNDM (NAV) -2.61% 4.18% 3.49% -7.71% 12.10% 0.65% --
MSCI World ex USA IMI -4.19% 3.14% 2.70% -6.97% 16.30% 2.35% 4.45%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RNDM Factset Analytics Insight

RNDM follows an index of developed market equity, excluding the United States. The index uses a multi-step process to determine the final portfolio composition. First, securities are grouped from the parent index, the NASDAQ Developed Markets Ex-US Large Mid Cap Index, according to their country designation. Next, within each country, securities are ranked based on trailing 12-month volatility. The 25 securities with the lowest volatility from each country are selected, with country and sector weights applied that mimic the parent index’s construction. Individual securities are equally weighted within each sector. By applying these screening measures, RNDM attempts to reduce the overall risk of the portfolio by exposing the investor to global equities with reduced volatility. Because RNDM pulls from a universe of large- and midcap stocks, exposure to the small-cap space will be minimal, at best.

RNDM Summary Data

First Trust
06/20/17
0.65%
$18.64M
MSCI World ex USA IMI
Open-Ended Fund

Peers

MSCI World ex USA IMI

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
$0.00B 90 Days

RNDM Portfolio Data

$46.61B
12.06
1.62
2.58%
N/A
420

RNDM Index Data

Tiered
Volatility
MSCI World ex USA IMI

RNDM Portfolio Management

0.65%
--
--
--

RNDM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

RNDM Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

Factset Analytics Block Liquidity

As of 03/21/23

This measurement shows how easy it is to trade a $1 million USD block of RNDM. RNDM is rated a 4 out of 5.

RNDM Tradability

1,389
$66.82K
837
$40.01K
0.56%
$0.27
-0.09%
4.97% / -0.65%
None
25.46%
50,000
0.02
0.09%
0.07%
0
$47.13
4

RNDM Sector/Industry Breakdown

RNDM Segment
Benchmark
27.49% --
12.15% --
9.67% --
6.21% --
5.05% --
4.81% --
4.70% --
4.56% --
3.94% --
3.57% --

RNDM Top 10 Holdings

3.09%
2.97%
2.74%
2.54%
1.86%
1.53%
1.30%
1.17%
1.08%
1.03%
19.32%

RNDM Performance Statistics

0.63
0.76
0.85
0.69
0.71%
MSCI World ex USA IMI

RNDM Countries

RNDM Segment
Benchmark
19.11% 20.44%
10.88% 13.75%
9.72% 9.66%
9.55% 8.22%
8.28% 7.05%
8.27% 10.39%
6.08% 7.51%
4.66% --
4.02% 3.74%
3.12% 3.23%

RNDM Regions

RNDM Segment
Benchmark
56.59% 55.93%
34.05% 32.15%
8.89% 11.27%
0.47% 0.65%

RNDM Economic Development

RNDM Segment
Benchmark
99.96% 99.99%
0.04% 0.01%

RNDM Benchmark Comparison Holdings

420
3382
386
37.93%

RNDM Benchmark Comparison Summary

RNDM Segment
Benchmark
420 3382
$46.61B $69.82B
12.06 14.47
1.62 1.73
2.98% 2.77%
Low Low

RNDM Benchmark Comparison Market Cap Size

RNDM Segment
Benchmark
67.92% 73.07%
31.50% 18.83%
0.01% 7.39%
0.00% 0.63%