Notable companies
The most notable companies in this group are Apple (NASDAQ:AAPL), Walmart (NYSE:WMT), VISA (NYSE:V), JPMorgan Chase & Co (NYSE:JPM), Mastercard (NYSE:MA), Costco Wholesale Corp (NASDAQ:COST), Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), Home Depot (NYSE:HD), Merck & Co (NYSE:MRK).
Industry description
The investment seeks to provide capital appreciation.
The fund seeks to achieve its investment objective by investing at least 80% of its net assets in common stocks of domestic companies listed and traded on U.S. national securities exchanges that the sub-advisor believes exhibit low future expected volatility. To implement this strategy, the sub-advisor employs volatility forecasting models to forecast future expected volatility. The strategy is largely quantitative and rules-based, but also includes multiple parameters over which the sub-advisor may exercise discretion in connection with its active management of the fund.
Market Cap
The average market capitalization across the First Trust Hrzn MgdVolatil Domestic ETF ETF is 164.52B. The market cap for tickers in the group ranges from 10.73B to 2.62T. AAPL holds the highest valuation in this group at 2.62T. The lowest valued company is GL at 10.73B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Hrzn MgdVolatil Domestic ETF ETF was 1%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 12%. WMB experienced the highest price growth at 7%, while GD experienced the biggest fall at -4%.
Volume
The average weekly volume growth across all stocks in the First Trust Hrzn MgdVolatil Domestic ETF ETF was -6%. For the same stocks of the ETF, the average monthly volume growth was 7% and the average quarterly volume growth was 28%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 58
P/E Growth Rating: 53
Price Growth Rating: 40
SMR Rating: 40
Profit Risk Rating: 27
Seasonality Score: 33 (-100 ... +100)