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AFSM - ETF AI Analysis
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First Trust Active Factor Small Cap ETF (AFSM)
Rating:69Neutral
Price Target:
$36.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, like InterDigital and Comfort Systems, have delivered strong year-to-date gains, supporting overall performance.
Sector Diversification
The ETF spreads its investments across multiple sectors, including Financials, Health Care, and Technology, reducing reliance on any single industry.
Healthy Year-to-Date Performance
The fund has shown positive year-to-date returns, indicating resilience in its portfolio despite short-term fluctuations.
Negative Factors
High Geographic Concentration
Nearly all of the ETF's holdings are in U.S. companies, limiting exposure to international markets and diversification.
Lagging Holdings
Some top holdings, such as Cal-Maine Foods and Halozyme, have underperformed year-to-date, potentially dragging on overall returns.
Relatively High Expense Ratio
The ETF charges a higher expense ratio compared to many passive funds, which could reduce net returns for investors over time.
AFSM vs. SPDR S&P 500 ETF (SPY)
AUM45.35M
RegionNorth America
Expense Ratio0.75%
Beta1.00
IssuerFirst Trust
Inception DateDec 03, 2019
Dividend Yield0.69%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume25,825
30 Day Avg. Volume20,089
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
37.44Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering322
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AFSM Summary
The First Trust Active Factor Small Cap ETF (AFSM) is an investment fund that focuses on small-cap companies, which are typically smaller, agile businesses with growth potential. It uses an active management strategy to select stocks based on factors like value, quality, and momentum. Some of its top holdings include InterDigital and Comfort Systems, which represent innovative and dynamic industries. Investors might consider AFSM for diversification and the opportunity to benefit from the growth of smaller companies. However, it’s important to note that small-cap stocks can be more volatile and may experience larger price swings compared to larger, more established companies.
How much will it cost me?The First Trust Active Factor Small Cap ETF (AFSM) has an expense ratio of 0.75%, meaning you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, which involves more research and decision-making compared to passively managed ETFs that track an index.
What would affect this ETF?The First Trust Active Factor Small Cap ETF (AFSM) could benefit from economic growth and innovation in the U.S., particularly in sectors like technology, healthcare, and financials, which make up a significant portion of its holdings. However, it may face challenges from rising interest rates or economic slowdowns, which can negatively impact small-cap companies and sectors like consumer cyclical and real estate. Regulatory changes or shifts in market sentiment could also influence the performance of its top holdings.
AFSM Top 10 Holdings
The First Trust Active Factor Small Cap ETF (AFSM) is leaning heavily on the dynamism of small-cap stocks, with technology and healthcare names like InterDigital and Halozyme driving much of the fund’s recent momentum. InterDigital’s strong earnings and strategic agreements have kept it rising, while Halozyme has shown mixed results, with recent dips offset by longer-term gains. On the flip side, Cal-Maine Foods has been a drag on performance, struggling with declining growth this year. The fund’s U.S.-focused portfolio is diversified across sectors, but its tilt toward financials, healthcare, and technology gives it a growth-oriented edge.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| InterDigital | 1.03% | $458.65K | $8.66B | 78.48% | 76 Outperform | |
| Carpenter Technology | 1.01% | $451.67K | $16.15B | 59.92% | 74 Outperform | |
| Sanmina-Sci | 0.99% | $441.01K | $8.49B | 81.65% | 78 Outperform | |
| Perimeter Solutions | 0.97% | $433.32K | $3.85B | 95.60% | 70 Neutral | |
| Halozyme | 0.96% | $429.55K | $8.26B | 40.76% | 78 Outperform | |
| American Healthcare REIT, Inc. | 0.95% | $423.87K | $8.85B | 72.25% | 68 Neutral | |
| Comfort Systems | 0.92% | $411.81K | $32.82B | 78.43% | 75 Outperform | |
| TTM Technologies | 0.91% | $405.53K | $6.64B | 147.25% | 78 Outperform | |
| Corcept Therapeutics | 0.84% | $375.17K | $8.00B | 30.43% | 72 Outperform | |
| Catalyst Pharma | 0.83% | $369.10K | $2.77B | 6.00% | 83 Outperform |
AFSM Technical Analysis
Neutral
―
Price Trends
32.26
Negative
31.68
Negative
30.05
Positive
Market Momentum
-0.26
Positive
46.70
Neutral
21.08
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AFSM, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 31.95, equal to the 50-day MA of 32.26, and equal to the 200-day MA of 30.05, indicating a neutral trend. The MACD of -0.26 indicates Positive momentum. The RSI at 46.70 is Neutral, neither overbought nor oversold. The STOCH value of 21.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AFSM.
AFSM Peer Comparison
Comparison Results
Performance Comparison
AFSM
First Trust Active Factor Small Cap ETF
31.62
-0.79
-2.44%
FSCC
Federated Hermes MDT Small Cap Core ETF
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RFLR
Innovator U.S. Small Cap Managed Floor ETF
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AFSC
abrdn Focused U.S. Small Cap Active ETF
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SMLL
Harbor Active Small Cap ETF
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ALIL
Argent Focused Small Cap 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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