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Upturn AI SWOT - About
First Trust Enhanced Short Maturity ETF (FTSM)
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Upturn Advisory Summary
04/01/2025: FTSM (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 13.18% | Avg. Invested days 344 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 886179 | Beta 0.04 | 52 Weeks Range 56.88 - 59.86 | Updated Date 04/2/2025 |
52 Weeks Range 56.88 - 59.86 | Updated Date 04/2/2025 |
Upturn AI SWOT
First Trust Enhanced Short Maturity ETF
ETF Overview
Overview
The First Trust Enhanced Short Maturity ETF (FTSM) seeks to provide current income while preserving capital. It primarily invests in short-term investment-grade securities, focusing on enhanced returns through active management within a conservative framework.
Reputation and Reliability
First Trust is a well-established ETF issuer with a solid reputation for innovation and a wide range of investment products.
Management Expertise
First Trust Advisors L.P. has a dedicated team of experienced professionals specializing in fixed-income management and ETF strategies.
Investment Objective
Goal
Seeks to provide current income while preserving capital.
Investment Approach and Strategy
Strategy: Actively managed ETF focusing on short-term investment-grade securities.
Composition Primarily holds investment-grade corporate bonds, government securities, and other short-term debt instruments.
Market Position
Market Share: Data not available for direct market share.
Total Net Assets (AUM): 5362000000
Competitors
Key Competitors
- MINT
- NEAR
- JPST
- GSCB
Competitive Landscape
The competitive landscape is composed of similar short-term bond ETFs. FTSM competes on its active management style, attempting to provide higher returns than passively managed peers. A disadvantage includes potentially higher expense ratios compared to passive strategies. Advantages could include better risk-adjusted returns in certain market environments. Data on exact market share percentage is difficult to ascertain due to overlapping ETF categories making precise determination of market share challenging.
Financial Performance
Historical Performance: Historical performance data is needed from a financial data source.
Benchmark Comparison: Benchmark comparison requires historical performance data and information on the benchmark index.
Expense Ratio: 0.3
Liquidity
Average Trading Volume
FTSM typically has a healthy average daily trading volume, facilitating relatively easy entry and exit for investors.
Bid-Ask Spread
The bid-ask spread for FTSM is usually tight, indicating good liquidity and lower trading costs.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rate levels, inflation expectations, and overall economic growth significantly impact FTSM. Changes in monetary policy and credit spreads also affect its performance.
Growth Trajectory
Growth trends depend on investor demand for short-term fixed income and the fund's ability to generate competitive returns. Changes in strategy and holdings are actively managed.
Moat and Competitive Advantages
Competitive Edge
FTSM's competitive edge lies in its active management strategy within the short-term fixed-income space. The fund aims to outperform passively managed ETFs by strategically allocating to different short-term securities based on market conditions. First Trust's experienced management team and established reputation also contribute to its competitive advantage. This approach allows for more flexible adjustments to portfolio composition in response to changing economic conditions, potentially leading to superior risk-adjusted returns compared to purely passive approaches.
Risk Analysis
Volatility
FTSM generally exhibits low volatility due to its focus on short-term, investment-grade securities.
Market Risk
Market risks include interest rate risk (sensitivity to changes in interest rates) and credit risk (risk of issuers defaulting on their debt obligations).
Investor Profile
Ideal Investor Profile
The ideal investor is a risk-averse individual or institution seeking current income and capital preservation.
Market Risk
FTSM is suitable for long-term investors, those seeking a stable investment option, or as a component of a broader asset allocation strategy.
Summary
First Trust Enhanced Short Maturity ETF (FTSM) is an actively managed ETF that invests in short-term, investment-grade securities. It aims to provide current income while preserving capital, making it a suitable choice for risk-averse investors seeking a stable investment. The fund's active management approach differentiates it from passively managed peers, potentially offering enhanced returns. However, this comes with a slightly higher expense ratio. Overall, FTSM offers a conservative and liquid option for investors looking for short-term fixed-income exposure.
Similar Companies
BIL
SPDR® Bloomberg 1-3 Month T-Bill ETF
BIL
SPDR® Bloomberg 1-3 Month T-Bill ETF
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
JPST
JPMorgan Ultra-Short Income ETF
JPST
JPMorgan Ultra-Short Income ETF
MINT
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market share estimates are based on available data and may not be precise. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Enhanced Short Maturity ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the Advisor intends to achieve its investment objective by investing at least 80% of its net assets in a portfolio of U.S. dollar-denominated fixed- and variable-rate debt securities. Normally the fund's portfolio is expected to have an average duration of less than one year and an average maturity of less than three years.
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