First Trust Latin Etf Profile
| FLN Etf | USD 19.49 0.22 1.14% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is selling at 19.49 as of the 23rd of April 2024; that is 1.14 percent increase since the beginning of the trading day. The etf's open price was 19.27. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Trust Latin are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks, depositary receipts, real estate investment trusts and preferred shares that comprise the index. Latin America is traded on NASDAQ Exchange in the United States. More on First Trust Latin
Moving together with First Etf
| 0.78 | ILF | iShares Latin America | PairCorr |
| 0.74 | EWZS | iShares MSCI Brazil | PairCorr |
| 0.65 | BRF | VanEck Brazil Small | PairCorr |
| 0.87 | FBZ | First Trust Brazil | PairCorr |
First Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | Robert Barrie |
| Thematic Ideas | (View all Themes) |
| Old Name | Admiral Group |
| Business Concentration | Australia All Ordinaries, Broad Equity ETFs, Size And Style ETFs, Latin America Stock, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2011-04-18 |
| Benchmark | Nasdaq AlphaDEX Latin America Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 6,862 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Emerging Markets |
| Region | Latin America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 50.0 |
| Market Maker | GTS |
| Total Expense | 0.8 |
| Management Fee | 0.8 |
| Country Name | USA |
| Returns Y T D | (6.46) |
| Name | First Trust Latin America AlphaDEX Fund |
| Currency Code | USD |
| In Threey Volatility | 23.95 |
| 1y Volatility | 19.86 |
| 200 Day M A | 19.4531 |
| 50 Day M A | 20.2508 |
| Code | FLN |
| Updated At | 22nd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.38 |
| Type | ETF |
First Trust Latin [FLN] is traded in USA and was established 2011-04-18. The fund is classified under Latin America Stock category within First Trust family. The entity is thematically classified as Broad Equity ETFs. First Trust Latin currently have 42.43 M in assets under management (AUM). , while the total return for the last 3 years was 5.0%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Latin Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
First Trust Latin Currency Exposure
First Trust Latin holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust Latin.
Top First Trust Latin Etf Constituents
| ENELCHILE | Enel Chile SA | Stock | Utilities - Regulated Electric |
| CEMEXCPO | CEMEX SAB de | Stock | Building Materials |
| BRKM5 | Braskem SA | Preferred Stock | Materials |
| ITUB4 | Ita Unibanco Holding | Preferred Stock | Financials |
| EMBR3 | Embraer SA | Stock | Industrials |
| ITSA4 | Itasa Investimentos | Preferred Stock | Financials |
| PRIO3 | Petro Rio SA | Stock | Energy |
First Trust Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is about 89.01%. The First Trust Latin probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon First Trust has a beta of 0.8832. This usually indicates First Trust Latin market returns are highly reactive to returns on the market. As the market goes up or down, First Trust is expected to follow. Additionally, first Trust Latin has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is about 89.01 (This First Trust Latin probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .
First Trust Top Holders
| IFV | First Trust Dorsey | Etf | Foreign Large Blend |
First Trust Latin Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0011 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.02) |
First Trust Against Markets
Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust Latin at a given time. Please also check how First Trust's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy First Etf?
Before investing in First Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Trust. To buy First Trust etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Trust Latin etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Trust Latin etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as First Trust Latin, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Etf please use our How to Invest in First Trust guide.
Already Invested in First Trust Latin?
The danger of trading First Trust Latin is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust Latin is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Trust Latin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Latin Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Latin Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Latin. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of First Trust Latin is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.