RNLCFirst Trust Large Cap U.S. Equity Select ETF
RNLC Fund Description
RNLC tracks a dividend-selected, tier-weighted index of large-cap US equities.
RNLC Factset Analytics Insight
RNLC is a US large-cap equity ETF that screens out stocks that have not paid dividends in the last 12 months. The fund’s index imitates its market-cap-weighted parent index (the NASDAQ US 500 Large Cap Index) for sector weights. Once sector weights are identified, stocks qualifying for each respective sector are equal-weighted within that sector’s allocation. Like any ETF that uses some element of equal weighting, the resulting portfolio underweights larger stocks when compared to market-cap-weighted indices. The index is rebalanced and reconstituted on a quarterly basis.
RNLC MSCI ESG Analytics Insight
First Trust Large Cap U.S. Equity Select ETF has an MSCI ESG Fund Rating of AA based on a score of 7.74 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 Large Cap U.S. Equity Select ETF ranks in the 68th percentile within its peer group and in the 71st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RNLC 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.
RNLC Summary Data
RNLC Portfolio Data
RNLC Index Data
RNLC Portfolio Management
RNLC Tax Exposures
RNLC Fund Structure
RNLC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RNLC. RNLC is rated a 5 out of 5.
RNLC Sector/Industry Breakdown
RNLC Economic Development
RNLC Performance Statistics
RNLC MSCI ESG Ratings
RNLC Benchmark Comparison Summary
RNLC Benchmark Comparison Market Cap Size