First Trust Active Factor Large Cap ETF (AFLG)
First Trust Active Factor Large Cap ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $44.50, up 0.59% on the session, giving a market capitalisation of $667.2M. Its beta of 0.93 implies it has historically moved less than the broad market.
The First Trust Active Factor Large Cap ETF's primary objective is capital appreciation. Under typical market conditions, the fund dedicates a minimum of 80% of its total assets (which may include borrowed capital) to shares of large, U.S.-listed companies. This ETF is actively managed, employing a multi-factor quantitative system alongside active risk management. This strategy is designed to build a portfolio that reflects exposure to various investment factors. These factors, as currently applied by the methodology, can include value, momentum, quality, and low volatility.
First Trust Active Factor Large Cap ETF is most often compared with the following Financial Services names: