First Trust Lunt U.S. Factor Rotation ETF (FCTR): Price and Financial Metrics ETF

First Trust Lunt U.S. Factor Rotation ETF (FCTR) ETF Bio

The investment objective of the First Trust Lunt U.S. Factor Rotation ETF seeks to cover large-cap U.S. equities as represented by the Nasdaq US 500 Large Cap Index. It uses a relative strength approach to target four different factors that are each represented by two subindexes. There are four indexes representing the 50 companies exhibiting the highest exposure to the momentum, value, quality and low-volatility factors, and another four indexes targeting the 50 companies exhibiting the lowest exposures to those same four factors.