RFEU

First Trust Riverfront Dynamic Europe ETF

The First Trust RiverFront Dynamic Europe ETF is an actively-managed fund that seeks capital appreciation from developed European stocks selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.


International

EQUITY

Active

MANAGEMENT STYLE

5.9 M

ASSETS UNDER MGMT

83 bp

EXPENSES
Fund Basics
Fund sponsorFirst Trust
CategoryInternational
Asset classEquity
Websitelink...
Inception dateApr 14, 2016
Assets (mns)$6
Expense ratio83 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionProprietary
WeightingProprietary
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
ASML HOLDING NV 3.9 %
NESTLE SA-REG 2.9 %
NOVARTIS AG 2.8 %
ROCHE HOLDING LTD 2.6 %
NOKIA OYJ 2.5 %
UNILEVER PLC 2.4 %
LVMH MOET HENNESSY LOUIS VUI 2.4 %
ALLIANZ SE-REG 2.2 %
TENARIS SA 2.1 %
DAIMLER AG-REGISTERED SHARES 2.1 %
Constituent Breakdown
Number of holdings95
Herfindahl-Hirschman Index 159
Wgt avg mkt cap (mns)$83,341
Large cap (>$10bn)75.7%
Mid cap ($2-10bn)21.1%
Small cap (<$2bn)2.5%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
BRITAIN 30.4 %
FRANCE 12.6 %
SWITZERLAND 11.4 %
GERMANY 7.5 %
ITALY 6.0 %
NETHERLANDS 5.3 %
SPAIN 4.4 %
FINLAND 3.4 %
LUXEMBOURG 2.7 %
DENMARK 2.5 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns -2.1% 2.7% 6.0% -3.3% 3.3% -- 5.2%
Volatility 14.1% 14.0% 14.7% 18.8% 21.2% -- --
Market Correlations
versus...BetaR-squared
S&P 5000.9075%
MSCI EAFE1.0192%
MSCI Emg Mkts0.7145%
Liquidity Measures
Avg. volume (000)0
Turnover0.0%
Avg. Bid/Ask (% of price)0.56%
ADV of underlying (mns)$5,570
Technical Indicators
Recent close$59.39
30d moving avg.$62.24
Annualized volatility18.3%
Relative strength (RSI)41
Short interest (ETF)0.0%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Risk and Returns: RFEU vs. Comps (1 YR)

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
0.8 9.2 1.3 5.1% --
Based on closing prices from 12/24/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
RFEU



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™

RFEU

11.5%

Cat. Avg

7.5%


ALTAR Score™ Calculation

Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™ of 7.5% and a standard deviation of 2.7%. RFEU's ALTAR Score™ is approximately 1.5 standard deviations above the category average. This places RFEU in the 93rd percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

RFEU
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Active
International Equity ETFs
# of ETFs 38
Avg. Expense Ratio 56.2 bp
Std. Deviation 24 bp
RFEU (83 bp) Percentile rank 87
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
RFEU 83.0 55.7 138.7
Peer Avg. 61.3 28.5 89.8
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .