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First Trust Exchange-Traded Fund First Trust Growth Strength ETF

FTGS
$
Today’s Change
()

Snapshot
*

Inception Date
Oct 25, 2022
Expense Ratio
0.6%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$198,120
AUM
$22,448,547
Associated Index
The Growth Strength Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

VLO
Valero Energy Corp.
2.41%
REGN
Regeneron Pharmaceuticals, Inc.
2.29%
XOM
Exxon Mobil Corp.
2.26%
EPAM
EPAM Systems Inc
2.24%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.22%
HUM
Humana Inc.
2.21%
CF
CF Industries Holdings Inc
2.17%
ABBV
Abbvie Inc
2.17%
COP
Conoco Phillips
2.16%
WRB
W.R. Berkley Corp.
2.15%

What is FTGS?

The First Trust Growth Strength ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called The Growth Strength Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks and real estate investment trusts ("REITs") that comprise the Index.

1M
3M
6M
YTD
1Y
3Y
Max

FTGS
Performance Measures**

for the time period Oct 26, 2022 to Aug 6, 2026

Returns

1M Trailing Return: 3.3%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 9.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -20.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 17.0%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 1.15

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.99

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFTGS

ETFs correlated to FTGS include SECT, LRGF, QGRO

FTGS
First Trust Exchange-Traded Fund - First Trust Growth Strength ETF
SECT
Northern Lights Fund Trust IV - Main Sector Rotation ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
QGRO
American Century ETF Trust - American Century U.S. Quality Growth ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
SPHQ
Invesco Capital Management LLC - Invesco S&P 500 Quality ETF
VTI
Vanguard Group, Inc. - Vanguard Total Stock Market ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity 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.

FAQ

FTGS is a US Equities ETF. The First Trust Growth Strength ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called The Growth Strength Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks and real estate investment trusts ("REITs") that comprise the Index.

FTGS tracks the The Growth Strength Index.

No, FTGS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FTGS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FTGS is 0.0059%. This is the percent change in the value of FTGS over the most recent 1-month period. The 3-month return on FTGS is 0.0443%. This is the percent change in the value of FTGS over the most recent 3-month period.

ETFs similar to FTGS include VIG, VYM, and DFAS.

ETFs correlated to FTGS include SECT, LRGF, and QGRO.

ETFs that are inversely correlated to FTGS include SH, SDS, and SPDN.

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.

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