Friday, June 30, 2023

New ETFs

 FTCS - First Trust Capital Strength ETF

+45% in 5 years.

52 holdings

...targeting companies with a strong cash balance, low long-term debt, and high return on equity.

P/E ratio: 18.75

30-day yield: 1.45%


RSP - Invesco S&P 500 Equal Weight



XRLV - Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

+40% in 5 years

102 holdings / 12% of assets in top 10 holdings.

24% consumer defensive
21% healthcare

21% utilities
12% financial services

0.25% expense ratio

P/E ratio: 20/5

30-day yield: 2.4%

Outperformed the S&P 500 in 2022, but underperforming it significantly in 2023.



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