FCFY
First Trust S&P 500 Diversified Free Cash Flow ETF
📎 Investment Objective
The First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) seeks to provide investment results that correspond generally to the price and yield performance of the S&P 500 Diversified Free Cash Flow Index.
Overview
ETF tracking First Trust S&P 500 Diversified Free Cash Flow ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) seeks to provide investment results that correspond generally to the price and yield performance of the S&P 500 Diversified Free Cash Flow Index.
🎯 Investment Strategy
The fund invests in a portfolio of stocks that are constituents of the S&P 500 Diversified Free Cash Flow Index, which is designed to measure the performance of the 100 largest U.S. companies with the highest free cash flow yields.
✨ Key Features
- Provides exposure to large-cap U.S. stocks with high free cash flow yields
- Diversified portfolio of 100 stocks from the S&P 500 index
- Passively managed to track the S&P 500 Diversified Free Cash Flow Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Sector concentration risk: The fund may be more susceptible to economic, political, or regulatory occurrences affecting a particular sector
- Tracking error risk: The fund may not perfectly track the underlying index
- Liquidity risk: Some holdings may be difficult to sell at the desired time and price
👤 Best For
This ETF may be suitable for investors seeking exposure to large-cap U.S. stocks with a focus on companies with strong free cash flow. It may be appropriate as a core holding in a diversified portfolio, particularly for investors with a long-term investment horizon and a moderate risk tolerance.