RNDM

First Trust Developed International Equity Select ETF
*Unless otherwise stated, data provided by FactSet.

RNDM Fund Description

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.

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 selected from a parent index to the underlying index (the NASDAQ Developed Markets Ex-US Large Mid Cap Index) and then grouped according to their country designation. Next, within each country, the securities are ranked on volatility – using the trailing 12 month volatility as the standing metric. 25 securities with the lowest volatility from each country are chosen, with country and sector weights applied that mimic the parent index’s construction. Within each sector, the individual securities are equally weighted. By applying these screening measures, RNDM attempts to reduce the overall risk of the portfolio by exposing the investor to low-volatility global equity. Because RNDM pulls from a universe of large- and midcap stocks, exposure to the small-cap space will be minimal, at best.Considering the competition in the low-volatility space, RNDM comes in with a hefty price tag.

RNDM MSCI ESG Analytics Insight

First Trust Developed International Equity Select ETF has an MSCI ESG Fund Rating of AA based on a score of 7.24 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 Developed International Equity Select ETF ranks in the 89th percentile within its peer group and in the 70th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

RNDM Charts And Performance

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Total Return Chart (%)
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PERFORMANCE [as of 04/02/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RNDM -18.20% -25.52% -25.18% -19.36% -- -- --
RNDM (NAV) -18.09% -24.87% -24.86% -19.06% -- -- --
MSCI World ex USA IMI -18.54% -26.96% -26.55% -19.22% -3.39% -1.53% 2.14%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RNDM Summary Data

First Trust
06/20/17
Open-Ended Fund
0.65%
$23.25M
$116.21K
0.45%

RNDM Portfolio Data

$45.91B
15.42
1.51
4.24%
06/25/20
436

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
100% / 0%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

RNDM Factset Analytics Block Liquidity

As of 04/03/20
5
4
3
2
1

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

2,669
$116.21K
2,022
$105.42K
0.45%
$0.23
0.26%
1.77% / -1.54%
None
26.00%
50,000
0.04
0.13%
0.05%
0
$39.12
4

RNDM Sector/Industry Breakdown


RNDM
Segment Benchmark
27.69%
23.73%
15.73%
10.13%
12.91%
15.58%
11.42%
10.91%
8.39%
11.54%
6.97%
7.37%
5.28%
5.64%
4.57%
3.88%
3.87%
7.62%
3.17%
3.55%

RNDM Top 10 Holdings[View All]

3.10%
3.06%
2.81%
2.35%
2.28%
1.59%
1.49%
1.33%
1.21%
1.20%
20.42%

RNDM Countries


RNDM
Segment Benchmark
14.76%
14.47%
12.58%
22.90%
11.69%
9.09%
11.11%
8.33%
7.39%
7.41%
6.76%
6.20%
6.46%
9.13%
4.23%
--
4.03%
3.35%
3.39%
2.94%

RNDM Regions


RNDM
Segment Benchmark
63.76%
55.57%
28.78%
33.75%
7.00%
10.12%
0.45%
0.56%

RNDM Economic Development


RNDM
Segment Benchmark
100.00%
100.00%

RNDM Performance Statistics

0.81
1.06
1.00
1.13
0.66%
MSCI World ex USA IMI

RNDM MSCI ESG Ratings

7.24 / 10
69.51
88.89
9.10%
8.20%
192.06

RNDM Benchmark Comparison Holdings

436
3527
402
35.35%

RNDM Benchmark Comparison Summary


RNDM
Segment Benchmark
436
3527
$45.91B
$51.41B
15.42
17.22
1.51
1.51
3.62%
3.37%
Low
Low

RNDM Benchmark Comparison Market Cap Size


RNDM
Segment Benchmark
58.37%
68.09%
41.39%
23.04%
0.24%
7.70%
0.00%
1.17%