Skip to Content

First Trust Active Factor Large Cap ETF

AFLG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 03 2019
Expense Ratio
0.55%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$22,857
AUM
$4,860,048
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

AAPL
Apple Inc
5.35%
MSFT
Microsoft Corporation
3.47%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.13%
XOM
Exxon Mobil Corp.
2.12%
NVR
NVR Inc.
1.26%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
1.05%
PFE
Pfizer Inc.
1.02%
AVGO
Broadcom Inc
0.99%
ED
Consolidated Edison, Inc.
0.95%
NUE
Nucor Corp.
0.94%
Invest with AFLG

What is AFLG?

The First Trust Active Factor Large Cap ETF seeks to provide capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The Fund is actively managed primarily relying on a multi-factor quantitative methodology with active risk management to construct a portfolio of securities exhibiting exposures to one or more investing factors. The multi-factor quantitative methodology currently used by the Fund may take into account the following factors: (i) value; (ii) momentum; (iii) quality; and (iv) low volatility.

ETFs related toAFLG

ETFs correlated to AFLG include QVML, GDEF, RSPY

AFLG
First Trust Exchange-Traded Fund VIII - First Trust Active Factor Large Cap ETF
QVML
Invesco Exchange-Traded Fund Trust II - Invesco S&P 500 QVM Multi-factor ETF
GDEF
Goldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
RSPY
Collaborative Investment Series Trust - Revere Sector Opportunity ETF
QARP
DBX ETF Trust - Xtrackers Russell 1000 US Quality at a Reasonable Price ETF
QDYN
FlexShares Trust - FlexShares Quality Dividend Dynamic Index Fund
GUSA
Goldman Sachs ETF Trust II - Goldman Sachs MarketBeta U.S. 1000 Equity ETF
HDUS
Lattice Strategies Trust - Hartford Disciplined US Equity ETF
HAPI
Harbor ETF Trust - Harbor Corporate Culture ETF
SPXT
ProShares Trust - ProShares S&P 500 Ex-Technology ETF
LEXI
Listed Funds Trust - Alexis Practical Tactical ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toAFLG

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Can contain

AFLGUSMV
#D

Phalanx Formation: Downturn Defense

Category

Getting Defensive

Risk Rating

Moderate

Can contain

AFLGUSMV

Create your own algorithmic trading strategy with AFLG using Composer

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.