LEGR - ETF AI Analysis
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First Trust Indxx Innovative Transaction & Process ETF (LEGR)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Leading Semiconductor and Tech Holdings
Several top positions in major chipmakers and technology firms have delivered strong year-to-date performance, helping drive the fund’s returns.
Global Diversification
Holdings spread across the U.S., Europe, and Asia reduce reliance on any single country’s economy or market.
Negative Factors
High Expense Ratio
The fund’s fee is relatively high for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
Sector Concentration in Financials and Technology
A large share of assets is tied up in financial and technology stocks, making the ETF more vulnerable if these sectors struggle.
Some Top Holdings Are Lagging
A few of the larger positions, such as Cognizant and IBM, have shown weak year-to-date performance, which can drag on overall results.
LEGR vs. SPDR S&P 500 ETF (SPY)
AUM120.80M
RegionGlobal
Expense Ratio0.65%
Beta0.84
IssuerFirst Trust
Inception DateJan 24, 2018
Dividend Yield1.85%
Asset ClassEquity
Index TrackedIndxx Blockchain Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7,914
30 Day Avg. Volume8,393
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
70.95Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering97
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
LEGR Summary
LEGR is an ETF that follows the Indxx Blockchain Index, focusing on companies using or developing blockchain technology to improve how transactions and data are handled. It holds a mix of tech and financial firms from around the world, including well-known names like Intel, AMD, TSMC, and IBM. Someone might invest in LEGR to seek long-term growth from the spread of blockchain while getting diversification across many companies and sectors. A key risk is that blockchain is still an emerging area, so the ETF’s price can be quite volatile and may go up or down sharply.
How much will it cost me?The expense ratio for the First Trust Indxx Innovative Transaction & Process ETF (LEGR) is 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specialized theme, blockchain technology, which requires more research and expertise.
What would affect this ETF?The LEGR ETF, focused on blockchain technology, could benefit from increasing adoption of blockchain across industries like finance and technology, as well as growing interest in digital transformation trends globally. However, it may face challenges from regulatory uncertainty around blockchain and cryptocurrency, as well as potential economic slowdowns that could impact technology and financial sectors, which make up a significant portion of its holdings.
LEGR Top 10 Holdings
LEGR’s story is really about a tug-of-war between rising chip and telecom names and some suddenly sleepy services stocks. Micron has been a clear bright spot, riding the AI and memory boom, while AT&T has quietly added some steady lift. On the flip side, Accenture and Cognizant have been losing steam lately, weighing on returns, and Zoetis has also been lagging. With a heavy tilt toward financials and tech and a global mix that includes big U.S., Japanese, and Chinese banks, this blockchain-themed fund is diversified but not shy about its favorite sectors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Intel | 1.74% | $2.10M | $294.46B | 173.80% | 64 Neutral | |
| Advanced Micro Devices | 1.57% | $1.89M | $377.96B | 139.38% | 73 Outperform | |
| Morgan Stanley | 1.53% | $1.84M | $279.50B | 65.15% | 76 Outperform | |
| China CITIC Bank | 1.51% | $1.81M | HK$506.25B | 36.24% | 69 Neutral | |
| Mitsubishi UFJ | 1.50% | $1.80M | $203.21B | 55.66% | 77 Outperform | |
| TSMC | 1.46% | $1.75M | $1.59T | 130.49% | 81 Outperform | |
| Industrial and Commercial Bank of China | 1.45% | $1.75M | HK$2.86T | 46.17% | 78 Outperform | |
| Infineon Technologies AG | 1.44% | $1.73M | €55.69B | 63.73% | 67 Neutral | |
| Engie SA | 1.43% | $1.72M | €73.08B | 65.62% | 64 Neutral | |
| Amazon | 1.41% | $1.70M | $2.38T | 15.78% | 71 Outperform |
LEGR Technical Analysis
Positive
―
Price Trends
59.72
Positive
59.30
Positive
57.11
Positive
Market Momentum
-0.21
Negative
60.67
Neutral
94.66
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For LEGR, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 57.87, equal to the 50-day MA of 59.72, and equal to the 200-day MA of 57.11, indicating a bullish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 60.67 is Neutral, neither overbought nor oversold. The STOCH value of 94.66 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LEGR.
LEGR Peer Comparison
Comparison Results
Performance Comparison
LEGR
First Trust Indxx Innovative Transaction & Process ETF
60.24
15.89
35.83%
CRBN
iShares MSCI ACWI Low Carbon Target ETF
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BLOK
Amplify Transformational Data Sharing Etf
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IVES
Dan IVES Wedbush AI Revolution ETF
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BKCH
Global X Blockchain ETF
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WGMI
Valkyrie Bitcoin Miners 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.
DisclaimerThis 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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