First Trust Matrix Review
Published: August 26, 2020
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.

First Trust Market Matrix Summary

Ticker Name Buys Xs Tech
Attribute/
Score
FPX First Trust US Equity Opportunities ETF 17 11 5.44
QQEW First Trust NASDAQ-100 Equal Weighted IndexSMFund 16 12 5.60
FNI First Trust Chindia ETF 15 15 5.90
FTC First Trust Large Cap Growth Opportunities AlphaDEX Fund 14 11 5.39
FAD First Trust Multi Cap Growth AlphaDEX Fund 13 13 5.47
BICK First Trust BICK Index Fund 11 17 5.48
FYX First Trust Small Cap Core AlphaDEX Fund 11 14 4.16
FEX First Trust Large Cap Core AlphaDEX Fund 11 10 3.15
FTCS First Trust Capital Strength ETF 10 9 4.27
FNX First Trust Mid Cap Core AlphaDEX Fund 9 10 3.98
FAB First Trust Multi Cap Value AlphaDEX Fund 9 5 3.34
FVD First Trust Value Line Dividend Index Fund 9 4 2.06
TUSA First Trust Total US Market AlphaDex ETF 6 9 3.08
FTA First Trust Large Cap Value Opportunities AlphaDEX Fund 6 9 2.43
FDM First Trust Dow Jones Select MicroCap IndexSM Fund 6 7 2.81
FVL First Trust Value Line 100 Exchange-Traded Fund 4 7 2.90
FDL First Trust Morningstar Dividend LeadersSM Index Fund 4 1 1.72
FDD First Trust STOXX European Select Dividend Index Fund 1 5 1.86
FGD First Trust Dow Jones Global Select Dividend Index Fund 0 1 0.99

First Trust  Sector Matrix Summary

Ticker Name Buys Xs Tech
Attribute/
Score
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund 29 29 5.98
QTEC First Trust NASDAQ-100-Technology Sector IndexSMFund 26 15 5.55
FTXL First Trust Nasdaq Semiconductor ETF 24 17 5.58
FDN First Trust Dow Jones Internet IndexSM Fund 24 15 4.64
FXD First Trust Consumer Discretionary AlphaDEX Fund 23 23 5.20
SKYY First Trust Cloud Computing ETF 23 14 4.66
FTXR First Trust Nasdaq Transportation ETF 21 25 5.36
FXL First Trust Technology AlphaDEX Fund 21 12 5.57
FAN First Trust Global Wind Energy ETF 20 28 5.89
CARZ First Trust NASDAQ Global Auto Index Fund 18 27 4.78
FXN First Trust Energy AlphaDEX Fund 17 13 1.85
FXH First Trust Health Care AlphaDEX Fund 16 7 5.15
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 15 21 2.82
FIW First Trust Water ETF 15 18 5.24
QQXT First Trust NASDAQ-100 Ex-Technology Sector IndexSMFund 15 17 5.49
FCG First Trust Natural Gas ETF 14 13 1.72
FBT First Trust NYSE Arca Biotechnology Index Fund 14 0 2.50
FXO First Trust Financials AlphaDEX Fund 13 13 1.98
FTXD First Trust Nasdaq Retail ETF 12 18 4.37
FXZ First Trust Materials AlphaDEX Fund 10 20 4.18
FTXG First Trust Nasdaq Food & Beverage ETF 9 13 3.56
FTXH First Trust Nasdaq Pharmaceuticals ETF 9 10 4.69
FLM First Trust Global Engineering and Construction ETF 7 10 1.16
FXG First Trust Consumer Staples AlphaDEX Fund 7 9 3.14
FXU First Trust Utilities AlphaDEX Fund 7 4 1.79
FRI First Trust S&P REIT Index Fund 6 9 2.10
FTXO First Trust Nasdaq Bank ETF 6 8 0.83
FTXN First Trust Nasdaq Oil & Gas ETF 5 12 0.56
QABA First Trust NASDAQ ABA Community Bank Index Fund 5 10 0.87
FFR First Trust FTSE EPRA/NAREIT Developed Mkts Real Estate Index 4 6 2.11

**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.

 

 

Back to report

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.