First Trust Matrix Review
Published: January 4, 2017
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
The ETFs with the most relative strength buy signals (suggesting outperformance) versus the others in the group are listed at the top. These ETFs should be overweighted in the portfolio. Those ETFs with the least amount of relative strength buy signals versus the others in the group are listed at the bottom. These ETFs should be underweighted in the portfolio.

The ETFs with the most relative strength buy signals (suggesting outperformance) versus the others in the group are listed at the top. These ETFs should be overweighted in the portfolio. Those ETFs with the least amount of relative strength buy signals versus the others in the group are listed at the bottom. These ETFs should be underweighted in the portfolio.

First Trust Market Matrix Summary

Ticker Name Buys Xs Tech
Attribute/
Score
FDM First Trust Dow Jones Select MicroCap IndexSM Fund 16 18 5.90
QQEW First Trust NASDAQ-100 Equal Weighted IndexSMFund 16 10 5.22
FPX First Trust US Equity Opportunities ETF 15 11 4.12
FNX First Trust Mid Cap Core AlphaDEX Fund 13 14 4.80
FYX First Trust Small Cap Core AlphaDEX Fund 12 17 5.50
FEX First Trust Large Cap Core AlphaDEX Fund 12 11 3.79
FVD First Trust Value Line Dividend Index Fund 11 11 4.42
FTCS First Trust Capital Strength ETF 11 5 4.12
FTC First Trust Large Cap Growth Opportunities AlphaDEX Fund 11 4 2.15
FAB First Trust Multi Cap Value AlphaDEX Fund 10 15 4.84
FDL First Trust Morningstar Dividend LeadersSM Index Fund 9 8 4.40
FAD First Trust Multi Cap Growth AlphaDEX Fund 9 8 3.84
FTA First Trust Large Cap Value Opportunities AlphaDEX Fund 8 13 4.81
FVL First Trust Value Line 100 Exchange-Traded Fund 5 9 3.53
TUSA First Trust Total US Market AlphaDex ETF 4 8 3.80
FNI First Trust Chindia ETF 4 0 2.01
BICK First Trust BICK Index Fund 3 1 3.33
FGD First Trust Dow Jones Global Select Dividend Index Fund 1 4 2.95
FDD First Trust STOXX European Select Dividend Index Fund 0 2 1.06

First Trust  Sector Matrix Summary

Ticker Name Buys Xs Tech
Attribute/
Score
QABA First Trust NASDAQ ABA Community Bank Index Fund 22 22 5.74
QTEC First Trust NASDAQ-100-Technology Sector IndexSMFund 19 18 5.71
FXN First Trust Energy AlphaDEX Fund 18 20 5.62
FDN First Trust Dow Jones Internet IndexSM Fund 18 14 5.08
SKYY First Trust Cloud Computing ETF 18 14 5.39
FCG First Trust Natural Gas ETF 16 16 4.08
FXL First Trust Technology AlphaDEX Fund 14 13 4.67
FXU First Trust Utilities AlphaDEX Fund 14 6 4.80
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 13 18 4.86
FXO First Trust Financials AlphaDEX Fund 12 16 3.69
FIW First Trust Water ETF 11 18 4.54
FXZ First Trust Materials AlphaDEX Fund 11 16 4.63
FXD First Trust Consumer Discretionary AlphaDEX Fund 11 10 3.66
FLM First Trust Global Engineering and Construction ETF 9 11 3.50
FXG First Trust Consumer Staples AlphaDEX Fund 9 4 3.42
FAN First Trust Global Wind Energy ETF 9 2 1.63
QQXT First Trust NASDAQ-100 Ex-Technology Sector IndexSMFund 7 6 3.73
FXH First Trust Health Care AlphaDEX Fund 7 5 2.60
FRI First Trust S&P REIT Index Fund 6 3 2.21
FBT First Trust NYSE Arca Biotechnology Index Fund 5 1 1.26
CARZ First Trust NASDAQ Global Auto Index Fund 3 10 3.59
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund 3 8 2.58
FFR First Trust FTSE EPRA/NAREIT Developed Mkts Real Estate Index 2 1 1.88

**This matrix is a relative strength ranking of the First Trust Sector ETFs. It is not used in the evaluation of the First Trust Focus Five Model or Index.

 

 

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DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. First Trust has arranged with Dorsey, Wright to provide this specialized ETF page on the First Trust ETFs. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included therein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including First Trust ETF shares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither First Trust nor Dorsey Wright through this ETF page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations and rules, including NASD Rules 2090 and 2111 (Know Your Customer). The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or First Trust. If you are not familiar with Point & Figure methodology, we suggest you read “Point & Figure Charting, 4th Edition” by Thomas J. Dorsey and visit the PnF University, www.dorseywright.com. If you are not familiar with the First Trust ETF product, or Exchange Traded Funds (ETFs), we suggest you visit www.ftportfolios.com.