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First Trust Dow Jones Select MicroCap Index Fund
ETF
FDM
Payout Change
Pending
Price as of:
$64.5146
-0.97
-1.47%
primary theme
U.S. Small-Cap Value Equity
FDM (ETF)
First Trust Dow Jones Select MicroCap Index Fund
Payout Change
Pending
Price as of:
$64.5146
-0.97
-1.47%
primary theme
U.S. Small-Cap Value Equity
FDM (ETF)
First Trust Dow Jones Select MicroCap Index Fund
Payout Change
Pending
Price as of:
$64.5146
-0.97
-1.47%
primary theme
U.S. Small-Cap Value Equity
Name
As of 10/31/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
6.5%
1 yr return
25.9%
3 Yr Avg Return
2.2%
5 Yr Avg Return
8.4%
Net Assets
$179 M
Holdings in Top 10
17.7%
52 WEEK LOW AND HIGH
$65.5
$52.84
$67.29
Expenses
OPERATING FEES
Expense Ratio 0.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 10/31/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FDM - Profile
Distributions
- YTD Total Return 6.5%
- 3 Yr Annualized Total Return 2.2%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.10%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust Dow Jones Select MicroCap Index Fund
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateSep 27, 2005
-
Shares Outstanding2755000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJon Erickson
Fund Description
The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Index is composed entirely of micro-capitalization companies as defined by the Index Provider. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by S&P Dow Jones Indices LLC (the “Index Provider”). The Index Provider reserves the right to make exceptions when applying the methodology if the need arises. In addition, the Index Provider may revise Index policy covering rules for selecting companies, treatment of dividends, share counts or other matters.The Index is designed to measure the performance of micro-cap stocks issued by U.S. companies that are comparatively liquid and have strong fundamentals relative to the micro-cap segment as a whole. According to the Index Provider, all stocks with a full market capitalization equal to or less than the micro-cap market capitalization threshold in the Dow Jones U.S. Total Stock Market Index comprise the Index’s initial universe. According to the Index Provider, the Index ranks each eligible security by full market capitalization, three-month dollar volume and one-month dollar volume and eliminates any securities that do not meet all three of the following criteria:•Within the top 1,000 securities by full market capitalization•Within the top 1,000 securities by three-month average value traded•Within the top 1,500 securities by one-month average value tradedThe remaining eligible securities are ranked by each of the five ratios below. Securities that rank within the specified range on any one of the ratios are excluded. Securities with a negative or missing P/E ratio or negative operating profit margin are also excluded.•Trailing P/E ratio (highest 20% are excluded)•Trailing price/sales ratio (highest 20% are excluded)•Per-share profit change for the previous quarter (lowest 20% are excluded)•Operating profit margin (lowest 20% are excluded)•Six-month total return (lowest 20% are excluded)Any remaining securities are selected for inclusion in the Index and are weighted based on float-adjusted market capitalization. Float-adjusted market capitalization reflects what the Index Provider believes to be the outstanding shares minus non-publicly held shares multiplied by the market price.The Index is rebalanced quarterly and reconstituted annually and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of March 28, 2024, the Index was composed of 159 securities and the Fund had significant investments in industrial companies and financial companies, although this may change from time to time. The Fund’s investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of March 28, 2024. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
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FDM - Performance
Return Ranking - Trailing
| Period | FDM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.5% | -13.7% | 22.1% | 64.40% |
| 1 Yr | 25.9% | 6.3% | 45.3% | 74.00% |
| 3 Yr | 2.2%* | -13.4% | 68.9% | 74.82% |
| 5 Yr | 8.4%* | -4.2% | 51.2% | 71.32% |
| 10 Yr | 8.8%* | -3.6% | 27.2% | 18.27% |
* Annualized
Return Ranking - Calendar
| Period | FDM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.5% | -6.0% | 33.6% | 57.85% |
| 2022 | -13.2% | -36.7% | 212.9% | 28.95% |
| 2021 | 33.6% | -62.0% | 147.6% | 11.36% |
| 2020 | -6.0% | -24.8% | 31.3% | 88.61% |
| 2019 | 25.5% | -21.7% | 34.0% | 11.97% |
Total Return Ranking - Trailing
| Period | FDM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.5% | -13.7% | 22.1% | 64.40% |
| 1 Yr | 25.9% | 6.3% | 45.3% | 74.00% |
| 3 Yr | 2.2%* | -13.4% | 68.9% | 74.82% |
| 5 Yr | 8.4%* | -4.2% | 51.2% | 71.32% |
| 10 Yr | 8.8%* | -3.6% | 27.2% | 18.27% |
* Annualized
Total Return Ranking - Calendar
| Period | FDM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.7% | 1.8% | 35.4% | 74.47% |
| 2022 | -11.6% | -36.7% | 250.0% | 53.11% |
| 2021 | 35.1% | -3.0% | 157.9% | 26.42% |
| 2020 | -4.1% | -13.5% | 33.4% | 88.35% |
| 2019 | 27.4% | -1.5% | 34.3% | 13.83% |
FDM - Holdings
Concentration Analysis
| FDM | Category Low | Category High | FDM % Rank | |
|---|---|---|---|---|
| Net Assets | 179 M | 5.95 M | 54 B | 65.65% |
| Number of Holdings | 158 | 10 | 1599 | 32.24% |
| Net Assets in Top 10 | 30.3 M | 762 K | 3.2 B | 72.90% |
| Weighting of Top 10 | 17.67% | 5.2% | 92.2% | 54.33% |
Top 10 Holdings
- VSE Corp 2.26%
- Powell Industries Inc 2.17%
- Crescent Energy Co 2.01%
- CRA International Inc 1.95%
- ACM Research Inc 1.81%
- ScanSource Inc 1.79%
- Genco Shipping Trading Ltd 1.49%
- Barrett Business Services Inc 1.41%
- CECO Environmental Corp 1.39%
- Cullinan Therapeutics Inc 1.38%
Asset Allocation
| Weighting | Return Low | Return High | FDM % Rank | |
|---|---|---|---|---|
| Stocks | 99.93% | 7.22% | 105.88% | 5.61% |
| Cash | 0.09% | 0.00% | 39.68% | 87.85% |
| Preferred Stocks | 0.00% | 0.00% | 1.87% | 44.16% |
| Other | 0.00% | -1.83% | 31.19% | 65.19% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 41.94% |
| Bonds | 0.00% | 0.00% | 79.66% | 43.46% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FDM % Rank | |
|---|---|---|---|---|
| Financial Services | 32.48% | 0.00% | 35.71% | 3.83% |
| Industrials | 13.85% | 0.65% | 48.61% | 81.58% |
| Consumer Cyclical | 11.95% | 0.00% | 51.62% | 43.78% |
| Real Estate | 9.42% | 0.00% | 44.41% | 32.06% |
| Technology | 8.93% | 0.00% | 34.03% | 50.00% |
| Healthcare | 6.80% | 0.00% | 25.76% | 41.15% |
| Consumer Defense | 5.68% | 0.00% | 13.22% | 21.05% |
| Basic Materials | 5.46% | 0.00% | 67.30% | 43.54% |
| Energy | 3.85% | 0.00% | 29.42% | 84.45% |
| Utilities | 0.92% | 0.00% | 13.86% | 74.40% |
| Communication Services | 0.67% | 0.00% | 24.90% | 81.34% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FDM % Rank | |
|---|---|---|---|---|
| US | 99.93% | 7.22% | 105.88% | 4.91% |
| Non US | 0.00% | 0.00% | 76.17% | 58.64% |
FDM - Expenses
Operational Fees
| FDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.68% | 0.05% | 37.04% | 91.82% |
| Management Fee | 0.50% | 0.00% | 1.50% | 7.73% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 11.89% |
| Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
| FDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| FDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 7.00% | 252.00% | 62.16% |
FDM - Distributions
Dividend Yield Analysis
| FDM | Category Low | Category High | FDM % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.28% | 0.00% | 14.14% | 55.84% |
Dividend Distribution Analysis
| FDM | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
| FDM | Category Low | Category High | FDM % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.10% | -1.43% | 4.13% | 14.83% |
Capital Gain Distribution Analysis
| FDM | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 26, 2024 | $0.209 | OrdinaryDividend |
| Jun 27, 2024 | $0.505 | OrdinaryDividend |
| Mar 21, 2024 | $0.056 | OrdinaryDividend |
| Dec 22, 2023 | $0.240 | OrdinaryDividend |
| Sep 22, 2023 | $0.277 | OrdinaryDividend |
| Jun 27, 2023 | $0.416 | OrdinaryDividend |
| Mar 24, 2023 | $0.176 | OrdinaryDividend |
| Dec 23, 2022 | $0.340 | OrdinaryDividend |
| Sep 23, 2022 | $0.260 | OrdinaryDividend |
| Jun 24, 2022 | $0.246 | OrdinaryDividend |
| Mar 25, 2022 | $0.156 | OrdinaryDividend |
| Dec 23, 2021 | $0.364 | OrdinaryDividend |
| Sep 23, 2021 | $0.154 | OrdinaryDividend |
| Jun 24, 2021 | $0.084 | OrdinaryDividend |
| Mar 25, 2021 | $0.087 | OrdinaryDividend |
| Dec 24, 2020 | $0.354 | OrdinaryDividend |
| Sep 24, 2020 | $0.077 | OrdinaryDividend |
| Jun 25, 2020 | $0.178 | OrdinaryDividend |
| Mar 26, 2020 | $0.196 | OrdinaryDividend |
| Dec 13, 2019 | $0.147 | OrdinaryDividend |
| Sep 25, 2019 | $0.216 | OrdinaryDividend |
| Jun 14, 2019 | $0.135 | OrdinaryDividend |
| Mar 21, 2019 | $0.200 | OrdinaryDividend |
| Dec 18, 2018 | $0.235 | OrdinaryDividend |
| Sep 14, 2018 | $0.092 | OrdinaryDividend |
| Jun 21, 2018 | $0.110 | OrdinaryDividend |
| Mar 22, 2018 | $0.075 | OrdinaryDividend |
| Dec 21, 2017 | $0.180 | OrdinaryDividend |
| Sep 21, 2017 | $0.076 | OrdinaryDividend |
| Jun 22, 2017 | $0.081 | OrdinaryDividend |
| Mar 23, 2017 | $0.125 | OrdinaryDividend |
| Dec 21, 2016 | $0.115 | OrdinaryDividend |
| Sep 21, 2016 | $0.144 | OrdinaryDividend |
| Jun 22, 2016 | $0.176 | OrdinaryDividend |
| Mar 23, 2016 | $0.065 | OrdinaryDividend |
| Dec 23, 2015 | $0.213 | OrdinaryDividend |
| Sep 23, 2015 | $0.043 | OrdinaryDividend |
| Jun 24, 2015 | $0.058 | OrdinaryDividend |
| Mar 25, 2015 | $0.164 | OrdinaryDividend |
| Dec 23, 2014 | $0.064 | OrdinaryDividend |
| Sep 23, 2014 | $0.043 | OrdinaryDividend |
| Jun 24, 2014 | $0.072 | OrdinaryDividend |
| Mar 25, 2014 | $0.071 | OrdinaryDividend |
| Dec 18, 2013 | $0.105 | OrdinaryDividend |
| Sep 20, 2013 | $0.054 | OrdinaryDividend |
| Jun 21, 2013 | $0.080 | OrdinaryDividend |
| Mar 21, 2013 | $0.032 | OrdinaryDividend |
| Dec 21, 2012 | $0.308 | OrdinaryDividend |
| Sep 21, 2012 | $0.029 | OrdinaryDividend |
| Jun 21, 2012 | $0.063 | OrdinaryDividend |
| Dec 21, 2011 | $0.107 | OrdinaryDividend |
| Jun 21, 2011 | $0.054 | OrdinaryDividend |
| Dec 21, 2010 | $0.056 | OrdinaryDividend |
| Jun 22, 2010 | $0.027 | OrdinaryDividend |
| Dec 22, 2009 | $0.037 | OrdinaryDividend |
| Jun 23, 2009 | $0.062 | OrdinaryDividend |
| Dec 23, 2008 | $0.115 | OrdinaryDividend |
| Jun 23, 2008 | $0.061 | OrdinaryDividend |
| Dec 21, 2007 | $0.089 | OrdinaryDividend |
| Jun 21, 2007 | $0.046 | OrdinaryDividend |
| Dec 21, 2006 | $0.010 | OrdinaryDividend |
| Jun 23, 2006 | $0.046 | OrdinaryDividend |
| Dec 19, 2005 | $0.018 | OrdinaryDividend |
FDM - Fund Manager Analysis
Managers
Jon Erickson
Start Date
Tenure
Tenure Rank
Sep 27, 2005
16.68
16.7%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
Roger Testin
Start Date
Tenure
Tenure Rank
Sep 27, 2005
16.68
16.7%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Daniel Lindquist
Start Date
Tenure
Tenure Rank
Sep 27, 2005
16.68
16.7%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
David McGarel
Start Date
Tenure
Tenure Rank
Sep 27, 2005
16.68
16.7%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Stan Ueland
Start Date
Tenure
Tenure Rank
Nov 08, 2006
15.57
15.6%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Chris Peterson
Start Date
Tenure
Tenure Rank
Mar 18, 2016
6.21
6.2%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Erik Russo
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.25 | 3.58 |
