First Trust Lunt U.S. Factor Rotation ETF (FCTR)
First Trust Lunt U.S. Factor Rotation ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $40.03, up 0.12% on the session, giving a market capitalisation of $59.8M. Its beta of 1.03 implies it has historically moved more than the broad market.
The First Trust Lunt U.S. Factor Rotation ETF, known by its ticker FCTR, is designed to achieve investment returns that closely mirror the overall performance (encompassing both capital appreciation and income, before its operating costs) of its target benchmark, the Lunt Capital Large Cap Factor Rotation Index. Operating under a passive, index-tracking methodology, the Fund primarily allocates at least 90% of its total assets (including any borrowed funds) to the common stocks that make up this specific Index. Its core objective is to replicate the Index's performance before factoring in the Fund's own fees and expenses.
First Trust Lunt U.S. Factor Rotation ETF is most often compared with the following Financial Services names: