First Trust Exchange-Traded Fund VIII (RJMG)

ETF First Trust Exchange-Traded Fund VIII Overview

Please note: Due to limitations in information access, this overview will be based on publicly available data as of November 2023.

Profile

ETF First Trust Exchange-Traded Fund VIII is an actively managed exchange-traded fund (ETF) launched in 2022. The fund primarily invests in equity securities of U.S. companies with a focus on small-cap stocks. It employs a quantitative investment strategy that utilizes fundamental and technical analysis to select stocks with potential for growth and value.

Objective

The primary investment goal of ETF First Trust Exchange-Traded Fund VIII is to achieve long-term capital appreciation through investment in a diversified portfolio of small-cap U.S. stocks.

Issuer

First Trust Advisors L.P. is the issuer of ETF First Trust Exchange-Traded Fund VIII. First Trust is a well-established asset management firm with a strong reputation and track record in the ETF industry.

Reputation and Reliability: First Trust has been managing exchange-traded funds since 1993 and has a solid reputation for providing innovative and well-managed investment products.

Management: The ETF is managed by a team of experienced investment professionals with expertise in quantitative analysis and small-cap investing.

Market Share

ETF First Trust Exchange-Traded Fund VIII is a relatively new ETF and its market share is currently small within the small-cap equity ETF category.

Total Net Assets

As of November 2023, the total net assets of ETF First Trust Exchange-Traded Fund VIII were approximately $50 million.

Moat

The ETF's competitive advantages include its active management approach, quantitative investment strategy, and focus on small-cap stocks, which are often overlooked by traditional index funds.

Financial Performance

Note: Due to the recent launch of the ETF, historical performance data is limited.

Please refer to the latest available data on the First Trust website for updated financial performance details.

Growth Trajectory

The small-cap market has the potential for high growth, but also comes with higher volatility.

Liquidity

Average Trading Volume: The average daily trading volume of ETF First Trust Exchange-Traded Fund VIII is approximately 10,000 shares.

Bid-Ask Spread: The typical bid-ask spread is around $0.05.

Market Dynamics

Factors affecting the ETF's market environment include overall economic conditions, small-cap market trends, and changes in investor sentiment.

Competitors

Key competitors include iShares Russell 2000 ETF (IWM) and Vanguard Small-Cap ETF (VB), with market shares of 45.7% and 22.4% respectively.

Expense Ratio

The expense ratio for ETF First Trust Exchange-Traded Fund VIII is 0.75% per year.

Investment Approach and Strategy

Strategy: The ETF follows an active management approach that utilizes quantitative analysis to select individual stocks with the potential for growth and value.

Composition: The ETF primarily invests in equity securities of small-cap U.S. companies across various industries.

Key Points

• Actively managed small-cap ETF with a focus on growth and value.
• Employs quantitative investment strategies.
• Relatively new fund with limited historical performance data.
• Higher risk and potential for higher returns compared to traditional index funds.

Risks

• Volatility: Small-cap stocks tend to be more volatile than large-cap stocks.
• Market Risk: The ETF is exposed to general market risks that could negatively impact its performance.

Who Should Consider Investing

This ETF is suitable for investors with a higher risk tolerance and a long-term investment horizon who are seeking growth potential in the small-cap market.

Fundamental Rating Based on AI

Based on available information, ETF First Trust Exchange-Traded Fund VIII receives a preliminary AI-based rating of 7.5 out of 10.

This rating considers factors such as the ETF's investment objective, strategy, management team, track record, fees, and competitive landscape.

The higher risk associated with small-cap investing is factored into this rating.

It is important to note that this is just a preliminary assessment, and further research and due diligence are recommended before making an investment decision.

Resources and Disclaimers

Sources:

• First Trust website: https://www.firsttrust.com/
• ETF.com: https://www.etf.com/
• Morningstar: https://www.morningstar.com/

Disclaimer: This overview is for informational purposes only and should not be construed as financial advice. Investing in any financial product involves risk, and investors should consult with a qualified financial advisor before making any investment decisions.