First Trust S&P 500 Diversified Free Cash Flow ETF
FCFY

$24.11

0.03%

Market Cap: $1.21M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.74% more ownership

Funds ownership: 66.85% [Q1] → 67.59% (+0.74%) [Q2]

0% more funds holding

Funds holding: 2 [Q1] → 2 (+0) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

3% less capital invested

Capital invested by funds: $787K [Q1] → $763K (-$24K) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for FCFY.

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Financial journalist opinion

FCFY: Should You Buy This New Sector Neutral FCF Yield ETF?

FCFY is a relatively new and virtually unknown sector neutral ETF, selecting 100 S&P 500 Index stocks based on their free cash flow yield characteristics. The approach guarantees a certain level of diversification and differs from more popular free cash flow funds like COWZ and VFLO. Its composition could be more beneficial in a downturn. FCFY's value features are competitive with its peers. However, fund expenses are high at 0.60%, and the ETF has only $1.14 million in AUM, exposing shareholders to liquidation risk.

FCFY: Should You Buy This New Sector Neutral FCF Yield ETF?

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