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FTAG - ETF AI Analysis
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First Trust Indxx Global Agriculture ETF (FTAG)
Rating:58Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Bayer and Nutrien, have delivered strong year-to-date performance, supporting the fund's overall returns.
Global Diversification
The ETF invests across multiple countries, including the USA, India, and Germany, reducing reliance on any single geographic market.
Sector Focus on Materials and Industrials
Heavy exposure to Materials and Industrials sectors aligns with the agriculture theme and provides stability in essential industries.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which can eat into investor returns over time.
Underperforming Holdings
Some holdings, such as CF Industries, have shown weak year-to-date performance, potentially dragging down overall fund returns.
Concentration in Materials Sector
Nearly half of the fund's exposure is in the Materials sector, which could make it vulnerable to sector-specific risks.
FTAG Historical Chart
AUM6.16M
RegionGlobal
Expense Ratio0.70%
Beta0.64
IssuerFirst Trust
Inception DateMar 11, 2010
Dividend Yield2.38%
Asset ClassEquity
Index TrackedIndxx Global Agriculture Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,951
30 Day Avg. Volume1,813
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
28.62Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering40
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FTAG Summary
The First Trust Indxx Global Agriculture ETF (FTAG) is an investment fund focused on the agriculture industry, which includes companies involved in farming equipment, fertilizers, crop production, and livestock. It tracks the Indxx Global Agriculture Index and features well-known companies like Deere and Mahindra & Mahindra. FTAG could be appealing for investors looking to benefit from global food demand growth and advancements in sustainable farming practices. However, new investors should note that its performance can be influenced by fluctuations in commodity prices and global economic conditions.
How much will it cost me?The First Trust Indxx Global Agriculture ETF (FTAG) has an expense ratio of 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because it is actively managed and focuses on a specific niche in the agriculture sector, requiring more research and management effort.
What would affect this ETF?FTAG could benefit from increasing global food demand, advancements in agricultural technology, and growing interest in sustainable farming practices, which align with its focus on agriculture-related industries. However, it may face challenges from fluctuating commodity prices, regulatory changes in agriculture, and economic downturns that could impact sectors like materials and industrials, which make up a significant portion of its holdings.
FTAG Top 10 Holdings
FTAG's performance is being driven by a mix of rising and lagging players in the global agriculture space. Deere and Mahindra & Mahindra are steady performers, with strong financials and strategic growth helping to keep the fund on solid ground. However, BASF and Corteva are holding the fund back with mixed financial results and cautious outlooks. The ETF leans heavily on the materials and industrials sectors, reflecting its focus on agricultural machinery and fertilizers. With its global exposure, FTAG captures a diverse range of opportunities but also faces challenges from weaker names in its portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Deere | 10.00% | $625.04K | $126.76B | 8.30% | 66 Neutral | |
| Mahindra & Mahindra Ltd. | 9.91% | $619.36K | ₹4.51T | 19.46% | 68 Neutral | |
| BASF SE | 9.26% | $578.94K | €38.50B | -2.77% | 49 Neutral | |
| Corteva | 9.09% | $568.58K | $43.99B | 11.36% | 75 Outperform | |
| Bayer | 5.95% | $372.00K | €35.97B | 80.34% | 54 Neutral | |
| Nutrien | 4.68% | $292.69K | C$39.33B | 27.27% | 75 Outperform | |
| Bunge Global | 4.02% | $251.08K | $17.69B | 11.58% | 66 Neutral | |
| Kubota | 3.74% | $234.06K | ¥2.66T | 8.02% | 76 Outperform | |
| Wilmar International | 3.30% | $206.27K | S$18.98B | 7.46% | 69 Neutral | |
| Cf Industries Holdings | 2.70% | $169.07K | $11.87B | -12.73% | 72 Outperform |
FTAG Technical Analysis
Positive
―
Price Trends
25.76
Positive
26.09
Positive
25.53
Positive
Market Momentum
0.08
Negative
60.59
Neutral
51.58
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FTAG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 25.86, equal to the 50-day MA of 25.76, and equal to the 200-day MA of 25.53, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 60.59 is Neutral, neither overbought nor oversold. The STOCH value of 51.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FTAG.
FTAG Peer Comparison
Comparison Results
Performance Comparison
FTAG
First Trust Indxx Global Agriculture ETF
26.36
2.48
10.39%
IBLC
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AIFD
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VEGI
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KROP
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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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