RNMCFirst Trust Mid Cap U.S. Equity Select ETF
RNMC Fund Description
RNMC tracks a dividend-selected, tier-weighted index of midcap US equities.
RNMC Factset Analytics Insight
RNMC is a US midcap equity ETF that screens out stocks that have not paid dividends in the last 12 months. The fund’s index imitates the sector weights of its market-cap-weighted parent index (the NASDAQ US 600 Mid Cap Index). 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 indexes. The index is reconstituted and rebalanced quarterly.
RNMC MSCI ESG Analytics Insight
First Trust Mid Cap U.S. Equity Select ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.28 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 Mid Cap U.S. Equity Select ETF ranks in the 31st percentile within its peer group and in the 42nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RNMC 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.
RNMC Summary Data
RNMC Portfolio Data
RNMC Index Data
RNMC Portfolio Management
RNMC Tax Exposures
RNMC Fund Structure
RNMC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RNMC. RNMC is rated a 4 out of 5.
RNMC Sector/Industry Breakdown
RNMC Top 10 Holdings[View All]
RNMC Economic Development
RNMC Performance Statistics
RNMC MSCI ESG Ratings
RNMC Benchmark Comparison Summary
RNMC Benchmark Comparison Market Cap Size