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AFMC - ETF AI Analysis
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First Trust Active Factor Mid Cap ETF (AFMC)
Rating:71Outperform
Price Target:
$37.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as Flex and Comfort Systems, have delivered strong year-to-date performance, supporting overall returns.
Sector Diversification
The fund is spread across multiple sectors, including Industrials, Technology, and Financials, which helps reduce reliance on any single industry.
Healthy Year-to-Date Performance
The ETF has shown positive year-to-date performance, indicating resilience in its strategy despite short-term fluctuations.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, with over 99% exposure, limiting diversification across global markets.
Mixed Short-Term Performance
Recent one-month and three-month returns have been weaker compared to year-to-date performance, suggesting potential volatility.
Above-Average Expense Ratio
The ETF's expense ratio of 0.65% is higher than many passive funds, which could eat into long-term returns.
AFMC vs. SPDR S&P 500 ETF (SPY)
AUM93.06M
RegionNorth America
Expense Ratio0.65%
Beta0.93
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. Volume19,940
30 Day Avg. Volume21,870
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
38.54Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering275
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AFMC Summary
The First Trust Active Factor Mid Cap ETF (AFMC) is an investment fund that focuses on mid-sized companies in the U.S., offering a mix of growth potential and stability. It is actively managed, meaning experts select stocks based on factors like strong earnings and attractive valuations. Some of its holdings include well-known companies like Flex and Old Republic International. This ETF is a good choice for investors looking to diversify their portfolio and tap into the growth opportunities of mid-cap stocks. However, since it invests heavily in mid-sized companies, its performance can fluctuate with market conditions, making it riskier during economic downturns.
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
The First Trust Active Factor Mid Cap ETF (AFMC) is leaning heavily on industrials and technology, which together make up over a third of its portfolio. Comfort Systems and EMCOR Group are helping drive performance with strong revenue growth and bullish momentum, while Flex is steadily contributing thanks to its resilience in the data center sector. On the flip side, Jabil and Exelixis are holding the fund back, with both stocks showing weak technical signals and valuation concerns. With its focus on U.S. mid-cap companies, AFMC offers a balanced mix of growth and stability, though sector concentration could amplify risks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Flex | 1.69% | $1.55M | $22.86B | 58.28% | 74 Outperform | |
| Comfort Systems | 1.37% | $1.25M | $33.72B | 116.10% | 80 Outperform | |
| Old Republic International | 1.30% | $1.20M | $9.92B | 10.90% | 77 Outperform | |
| United Therapeutics | 1.30% | $1.20M | $18.83B | 12.57% | 79 Outperform | |
| Exelixis | 1.25% | $1.14M | $10.16B | 12.76% | 76 Outperform | |
| National Fuel Gas Company | 1.21% | $1.11M | $7.25B | 27.28% | 67 Neutral | |
| Jabil | 1.21% | $1.11M | $22.35B | 56.64% | 61 Neutral | |
| Sanmina-Sci | 1.19% | $1.09M | $8.72B | 111.92% | 78 Outperform | |
| First Horizon | 1.17% | $1.08M | $10.77B | 8.93% | 66 Neutral | |
| MGIC Investment | 1.16% | $1.06M | $6.28B | 13.09% | 78 Outperform |
AFMC Technical Analysis
Negative
―
Price Trends
33.93
Negative
33.19
Positive
32.04
Positive
Market Momentum
-0.08
Positive
45.15
Neutral
29.44
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AFMC, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 33.68, equal to the 50-day MA of 33.93, and equal to the 200-day MA of 32.04, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 45.15 is Neutral, neither overbought nor oversold. The STOCH value of 29.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AFMC.
AFMC Peer Comparison
Comparison Results
Performance Comparison
AFMC
First Trust Active Factor Mid Cap ETF
33.45
-0.13
-0.39%
MID.ETF
American Century Mid Cap Growth Impact ETF
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KMID
Virtus KAR Mid-Cap ETF
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MMID
MFS Active Mid Cap ETF
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MCDS
JPMorgan Fundamental Data Science Mid Core ETF
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EPMB
Harbor Mid Cap Core ETF
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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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