FCTR

First Trust Lunt U.S. Factor Rotation ETF

$34.40
+0.00%
Market closed. Last update: 12:25 PM ET

📎 Investment Objective

The First Trust Lunt U.S. Factor Rotation ETF (FCTR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Lunt Capital U.S. Factor Rotation Index.

Overview

ETF tracking First Trust Lunt U.S. Factor Rotation ETF

Issuer First Trust
Inception Date 2018-07-26
Market Cap $58.5M
Average Volume N/A
Dividend Yield 0.58%
52-Week Range $27.76 - $36.59
VWAP $34.21

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The First Trust Lunt U.S. Factor Rotation ETF (FCTR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Lunt Capital U.S. Factor Rotation Index.

🎯 Investment Strategy

The fund employs a factor rotation strategy, dynamically allocating to different equity factors such as value, momentum, quality, and low volatility based on their relative strength. The goal is to capture the performance of the best-performing factors at any given time.

✨ Key Features

  • Factor rotation strategy that dynamically allocates to different equity factors
  • Aims to capture the performance of the strongest-performing factors
  • Potentially provides exposure to a diversified set of equity factors
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Factor risk: The fund's performance is dependent on the relative strength of the underlying equity factors
  • Liquidity risk: The fund may have difficulty trading certain securities at an optimal price
  • Tracking error risk: The fund may not perfectly track its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to a diversified set of equity factors through a dynamic, factor rotation strategy. It may be most appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.