FBT vs. FFTY ETF Comparison
Comparison of First Trust Amex Biotech Index Fund (FBT) to Innovator IBD 50 Fund ETF (FFTY)
FBT
First Trust Amex Biotech Index Fund
FBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$178.10
Average Daily Volume
30,708
30
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.Grade (RS Rating)
Last Trade
$29.17
Average Daily Volume
52,791
50
Performance
Period | FBT | FFTY |
---|---|---|
30 Days | 4.81% | 6.89% |
60 Days | 8.18% | 19.89% |
90 Days | 8.08% | 16.17% |
12 Months | 28.31% | 36.65% |
FBT Overweight 27 Positions Relative to FFTY
Symbol | Grade | Weight | |
---|---|---|---|
EXEL | A | 4.15% | |
ITCI | B | 3.78% | |
INCY | A | 3.75% | |
NBIX | C | 3.61% | |
CPRX | B | 3.58% | |
GILD | A | 3.49% | |
CORT | B | 3.46% | |
ARGX | B | 3.45% | |
SRPT | D | 3.44% | |
ILMN | A | 3.4% | |
UTHR | A | 3.38% | |
EXAS | F | 3.33% | |
ACAD | D | 3.32% | |
VRTX | B | 3.31% | |
RGEN | D | 3.29% | |
BIIB | F | 3.23% | |
GMAB | F | 3.22% | |
AMGN | D | 3.22% | |
HALO | C | 3.2% | |
BMRN | F | 3.18% | |
BNTX | D | 3.17% | |
MRNA | F | 3.15% | |
WAT | B | 3.06% | |
REGN | F | 3.05% | |
ALKS | C | 3.05% | |
BRKR | F | 3.04% | |
MTD | C | 3.01% |
FBT Underweight 47 Positions Relative to FFTY
Symbol | Grade | Weight | |
---|---|---|---|
HIMS | B | -3.77% | |
POWL | B | -3.6% | |
NVDA | A | -3.59% | |
VRT | B | -3.58% | |
STRL | A | -3.57% | |
FIX | A | -3.52% | |
PLTR | A | -3.47% | |
ATAT | B | -3.46% | |
DOCS | B | -3.28% | |
ARM | C | -3.22% | |
CLS | A | -3.21% | |
YOU | D | -3.09% | |
BWIN | D | -3.0% | |
ANET | A | -3.0% | |
EME | A | -2.99% | |
HROW | C | -2.95% | |
DUOL | B | -2.92% | |
ADMA | C | -2.77% | |
IOT | A | -2.07% | |
MNDY | B | -2.05% | |
CWAN | B | -2.03% | |
RCL | B | -2.01% | |
FTAI | A | -2.01% | |
RYAN | B | -1.99% | |
LNTH | D | -1.99% | |
IBKR | B | -1.99% | |
AXON | A | -1.99% | |
ONON | C | -1.92% | |
AFRM | B | -1.12% | |
TT | B | -1.0% | |
MELI | D | -1.0% | |
VITL | D | -0.99% | |
TW | B | -0.99% | |
NOW | A | -0.99% | |
FOUR | B | -0.99% | |
TVTX | C | -0.98% | |
HWM | B | -0.97% | |
NFLX | A | -0.96% | |
PACS | F | -0.51% | |
KVYO | D | -0.51% | |
FTNT | A | -0.51% | |
AGX | B | -0.5% | |
DY | D | -0.49% | |
DECK | B | -0.49% | |
AMSC | C | -0.49% | |
TOST | A | -0.48% | |
ZETA | A | -0.46% |
FBT: Top Represented Industries & Keywords
FFTY: Top Represented Industries & Keywords