FCTR First Trust Lunt U.S. Factor Rotation ETF
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You can see FCTR's holdings by looking at their quarterly filings with the SEC, using this link: N-Q
FCTR First Trust Lunt U.S. Factor Rotation ETF
Seeks to track, before fees and expenses, the Lunt Capital Large Cap Factor Rotation Index. The Index rotates among four select factors (momentum, value, volatility and quality) when they come into favor using the proprietary Lunt Factor Allocation Methodology. Index construction begins with a universe of eight factor-oriented sub-indices, representing the highest and lowest ranking stocks in each of the four factors. Each sub-index is comprised of 50 securities selected from the Nasdaq US 500 Large Cap Index. Using the Lunt Factor Allocation proprietary methodology, the eight sub-indices are ranked to determine which side of each factor (high or low) is exhibiting stronger risk-adjusted relative strength. Each of the sub-indices is given a score and the top four scoring sub-indices are selected for inclusion in the index. A high and a low sub-index from the same factor cannot be selected during the same monthly period. Each sub-index selected will hold a 25% weight in the index at the time of inclusion. If a selected sub-index is currently in the index, its weight remains unchanged. Newly selected sub-index(es) inherit the weighting of the outgoing sub-index(es). If all four sub-indexes change, each will receive a 25% weight. The eight sub-indices are evaluated monthly. The momentum, value and volatility sub-indices are rebalanced semi-annually and the quality sub-indices are rebalanced annually.
$25.89 -0.24 (-0.92%)
As of 03/24/2023 10:27:48 EST IEX book CBOE book
ETF Information
Sponsor: First Trust
Category1: US Equity
Category2: Broad market
Category3: Large cap
Morningstar category:
Leverage factor: 1.00
Inception date: 07/25/2018
Index tracking method: Passive replication
Current yield: 1.35%
Historical average yield: 0.84%
Market cap: $218,168,852
Average volume: 73,330
Fees: 0.6500%
Index Information
Lunt Capital Large Cap Factor Rotation Index
Index symbol: LUNTFCPR
Provider: NASDAQ OMX
Index weighting: Composite scores
Index inception date: 07/09/2018
Backtesting data exists: Yes
Number of holdings: 173 (as of 12/31/2018)
Factors used to select securities: