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AFMC - ETF AI Analysis
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First Trust Active Factor Mid Cap ETF (AFMC)
Rating:72Outperform
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many sectors, which can help reduce the impact if any one industry struggles.
Mostly Strong Top Holdings
Several of the largest positions, such as Mueller Industries, Comfort Systems, Oshkosh, and Curtiss-Wright, have shown strong year-to-date performance, supporting the ETF’s overall returns.
Solid Recent Performance
The ETF has delivered steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Negative Factors
High U.S. Concentration
Almost all of the fund’s assets are invested in U.S. companies, offering little geographic diversification if the U.S. market weakens.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees.
Some Weak Top Holdings
A few key positions, such as Exelixis and Old Republic International, have shown weak or negative year-to-date performance, which can drag on overall results.
AFMC vs. SPDR S&P 500 ETF (SPY)
AUM110.22M
RegionNorth America
Expense Ratio0.68%
Beta0.89
IssuerFirst Trust
Inception DateDec 03, 2019
Dividend Yield0.91%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume36,523
30 Day Avg. Volume18,374
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
40.51Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering269
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AFMC Summary
The First Trust Active Factor Mid Cap ETF (AFMC) is an actively managed fund that focuses on mid-sized U.S. companies, aiming to blend growth potential with some stability. It doesn’t track a fixed index, but instead selects stocks using a rules-based approach. The fund spreads investments across many sectors, including industrials, technology, and financials, and holds companies like BorgWarner and Oshkosh. Someone might invest in AFMC to diversify beyond large, well-known stocks and tap into the growth of mid-cap firms. A key risk is that mid-cap stocks can be more volatile and can go up and down with the overall market.
How much will it cost me?The First Trust Active Factor Mid Cap ETF (AFMC) has an expense ratio of 0.65%, meaning you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because it is actively managed, which involves more research and decision-making compared to passively managed funds that track an index.
What would affect this ETF?The First Trust Active Factor Mid Cap ETF (AFMC) could benefit from economic growth in the U.S., as mid-cap companies often thrive during periods of expansion and innovation, particularly in sectors like Technology and Industrials, which have significant weight in the fund. However, rising interest rates or economic slowdowns could negatively impact mid-cap stocks, especially in sectors like Financials and Consumer Cyclical, which are sensitive to borrowing costs and consumer spending. Regulatory changes or disruptions in key industries could also influence the performance of top holdings such as Flex and United Therapeutics.
AFMC Top 10 Holdings
AFMC is leaning into U.S. mid-cap industrials, with names like Mueller Industries and Comfort Systems doing much of the heavy lifting as their shares keep rising on strong fundamentals. Defense and engineering player Curtiss-Wright is also adding fuel to the fund’s recent momentum. On the flip side, Old Republic International has been losing steam, and National Fuel Gas has been more of a steady placeholder than a real engine of growth. Overall, the ETF is clearly tilted toward industrial strength with a supporting cast from financials and health care.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Mueller Industries | 1.63% | $1.83M | $14.92B | 69.07% | 78 Outperform | |
| Comfort Systems | 1.48% | $1.65M | $40.93B | 174.17% | 80 Outperform | |
| Exelixis | 1.18% | $1.33M | $11.73B | 29.43% | 78 Outperform | |
| Federated Hermes | 1.10% | $1.23M | $4.07B | 34.05% | 72 Outperform | |
| BorgWarner | 1.09% | $1.22M | $10.36B | 48.69% | 65 Neutral | |
| Oshkosh | 1.05% | $1.18M | $9.51B | 52.84% | 71 Outperform | |
| Curtiss-Wright | 1.01% | $1.13M | $24.34B | 96.34% | 74 Outperform | |
| National Fuel Gas Company | 1.01% | $1.13M | $7.90B | 21.49% | 77 Outperform | |
| Flex | 0.99% | $1.10M | $24.07B | 56.83% | 74 Outperform | |
| TD SYNNEX Corporation | 0.95% | $1.07M | $12.90B | 12.55% | 73 Outperform |
AFMC Technical Analysis
Positive
―
Price Trends
34.97
Positive
34.38
Positive
32.98
Positive
Market Momentum
0.38
Positive
58.59
Neutral
27.61
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AFMC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.94, equal to the 50-day MA of 34.97, and equal to the 200-day MA of 32.98, indicating a bullish trend. The MACD of 0.38 indicates Positive momentum. The RSI at 58.59 is Neutral, neither overbought nor oversold. The STOCH value of 27.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AFMC.
AFMC Peer Comparison
Comparison Results
Performance Comparison
AFMC
First Trust Active Factor Mid Cap ETF
36.26
3.26
9.88%
AVMV
Avantis U.S. Mid Cap Value ETF
―
―
―
TMVE
Thrivent Mid Cap Value ETF
―
―
―
AVMC
Avantis U.S. Mid Cap Equity ETF
―
―
―
FRTY
Alger Mid Cap 40 ETF
―
―
―
AMID
Argent Mid Cap ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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