FTCE
First Trust New Constructs Core Earnings Leaders ETF
📎 Investment Objective
The First Trust New Constructs Core Earnings Leaders ETF (FTCE) seeks to provide investment results that correspond generally to the price and yield performance of the New Constructs U.S. Large Cap Core Earnings Leaders Index.
Overview
ETF tracking First Trust New Constructs Core Earnings Leaders ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust New Constructs Core Earnings Leaders ETF (FTCE) seeks to provide investment results that correspond generally to the price and yield performance of the New Constructs U.S. Large Cap Core Earnings Leaders Index.
🎯 Investment Strategy
The fund invests in a portfolio of large-cap U.S. stocks that New Constructs has identified as having the highest quality earnings. The index methodology aims to identify companies with sustainable, high-quality earnings that are undervalued by the market.
✨ Key Features
- Focuses on large-cap U.S. stocks with high-quality, sustainable earnings
- Uses proprietary research from New Constructs to identify undervalued companies
- Passively tracks the New Constructs U.S. Large Cap Core Earnings Leaders Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Equity market risk - the value of the fund's holdings may decline due to general stock market conditions
- Sector concentration risk - the fund may be more heavily weighted in certain sectors, making it more vulnerable to those sectors' performance
- Undervaluation risk - the fund may not correctly identify undervalued companies
- Lack of performance history - this is a new fund with limited track record
👤 Best For
This ETF may be suitable for long-term investors seeking exposure to a portfolio of large-cap U.S. stocks with high-quality, sustainable earnings. The fund's focus on undervalued companies identified through proprietary research may appeal to investors with a value-oriented investment approach.