RJMG
FT Raymond James Multicap Growth Equity ETF
RJMG is an actively managed portfolio of US growth stocks rated as strong buy or outperform by the manager's proprietary equity research model.
US
EQUITY
Active
MANAGEMENT STYLE
11.2 M
ASSETS UNDER MGMT
85 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jan 16, 2024 |
| Assets (mns) | $11 |
| Expense ratio | 85 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Stock selection | |
| Weighting | |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NATERA INC | 3.3 % |
| HUBSPOT INC | 3.1 % |
| WIX.COM LTD | 3.1 % |
| Q2 HOLDINGS INC | 2.9 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 2.9 % |
| SPOTIFY TECHNOLOGY SA | 2.9 % |
| GODADDY, INC. CLASS A | 2.9 % |
| RADNET INC | 2.9 % |
| SALESFORCE.COM INC | 2.7 % |
| FORTINET INC | 2.7 % |
Constituent Breakdown
| Number of holdings | 41 |
| Herfindahl-Hirschman Index | 254 |
| Wgt avg mkt cap (mns) | $422,370 |
| Large cap (>$10bn) | 78.3% |
| Mid cap ($2-10bn) | 19.6% |
| Small cap (<$2bn) | 2.1% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 91.5 % |
 |
ISRAEL | 3.1 % |
 |
LUXEMBOURG | 2.9 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 0.8% | -- | -- | -- | -- | -- | 0.8% | Volatility | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $88,086 |
Technical Indicators
| Recent close | $24.92 |
| 30d moving avg. | $23.36 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 52 |
| Short interest (ETF) | 1.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. RJMG |
Expenses vs. RJMG |
ALTAR Score™ vs. RJMG |
|---|---|---|---|---|
| PWB | Invesco Large Cap Growth ETF | 30.1% | -29 bp | +1.0% |
| BTHM | BlackRock Future U.S. Themes ETF | 25.4% | -25 bp | +2.1% |
| THRO | iShares U.S. Thematic Rotation Active ETF | 25.2% | +5 bp | +1.6% |
| GVIP | Goldman Sachs Hedge Industry VIP ETF | 24.7% | -40 bp | +2.5% |
| RFFC | ALPS Active Equity Opportunity ETF | 24.5% | -37 bp | +2.2% |
| OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 23.4% | -56 bp | +2.1% |
| SEIM | SEI Enhanced U.S. Large Cap Momentum Factor ETF | 22.7% | -70 bp | +1.8% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 22.6% | -17 bp | +1.7% |
| MBCC | Monarch Blue Chips Core ETF | 22.0% | +40 bp | +1.2% |
| IETC | iShares U.S. Tech Independence Focused ETF | 22.0% | -67 bp | +2.3% |
Risk and Returns: RJMG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 | --% |
Based on closing prices from 11/26/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
RJMG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
RJMG
2.2%
Cat. Avg
5.3%
ALTAR Score™ Calculation
Category Overview
There are 976 funds in the US Equity category, with an average ALTAR Score™
of 5.3% and a standard deviation of
2.3%. RJMG's ALTAR Score™ is approximately
1.3 standard deviations
below
the category average. This places RJMG in the 9th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
RJMGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| RJMG (85 bp) Percentile rank | 71 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| RJMG | 85.0 | 0.0 | 85 |
| Peer Avg. | 57.4 | 23.6 | 81.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .