ETF Quote Details
|NAV (month end)||49.60|
|Premium (+)/Discount (-) (month end)||-1.22|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$1.21 (2.50%)|
|Issuer||FIRST TRUST ADVISORS|
This ETF is not linked to a specific benchmark.
The First Trust Morningstar Managed Futures Strategy Fund is an actively managed exchange-traded fund that seeks to achieve positive total returns that are not directly correlated to broad market equity or fixed income returns. The fund seeks to provide returns that exceed the performance of the Morningstar Diversified Futures Index.