Morningstar

First Trust Bloomberg R&D Leaders ETF RND

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis RND

Will RND outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RND’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RND management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RND’s parent organization’s priorities and whether they’re in line with investors’ interests.

Neither process nor people stand out at First Trust Bloomberg R&D Leaders ETF, but it gets enough right to help this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RND

More RND Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 59.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Meta Platforms Inc Class A

9.03 207,466
Communication Services

Apple Inc

8.36 192,045
Technology

NVIDIA Corp

7.76 178,255
Technology

Amazon.com Inc

7.35 168,859
Consumer Cyclical

Microsoft Corp

7.27 167,033
Technology

Tesla Inc

4.75 109,019
Consumer Cyclical

Eli Lilly and Co

3.82 87,669
Healthcare

Caterpillar Inc

3.71 85,258
Industrials

Alphabet Inc Class A

3.55 81,603
Communication Services

Philip Morris International Inc

3.49 80,143
Consumer Defensive

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