First Trust Competition

FRI Etf

USD 29.67 0.20 0.68%

Peers for First Trust SAMPP include ProShares Ultra, Direxion Daily, Alexis Practical, Innovator SAMPP, and ETF Series and others in the group. This provides context for comparative analysis. Benchmark First Trust against alternatives to reduce one-name decision bias.

Correlation: First Trust vs First Trust Overview

Poor diversification

FRI currently posts a 0.79 correlation with FPXI, indicating a Poor diversification relationship for the active sample. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.

Moving together with First Etf

0.99	VNQ	Vanguard Real Estate	Pair Corr
0.96	XLRE	Real Estate	Pair Corr
0.96	IYR	iShares Real Estate	Pair Corr
0.99	ICF	iShares Cohen Steers	Pair Corr

Moving against First Etf

0.87	GBTC	Grayscale Bitcoin Trust	Pair Corr
0.81	TECL	Direxion Daily Technology	Pair Corr
0.78	ROM	ProShares Ultra	Pair Corr
0.73	QLD	ProShares Ultra QQQ	Pair Corr
0.57	HHH	Howard Hughes Holdings	Pair Corr

Specify up to 10 symbols:

Experienced First Trust's investors use mean reversion as a complement to momentum analysis: momentum identifies the trend; mean reversion identifies when that trend has extended beyond sustainable levels.

Hype

Prediction

Low	Estimated	High
28.72	29.44	30.16

Details

Intrinsic

Valuation

Low	Real	High
26.52	30.89	31.61

Details

Naive

Forecast

Low	Next	High
28.01	28.73	29.45

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
27.73	29.33	30.93

Details

The most actionable insights from First Trust analysis often emerge from peer comparison rather than standalone review. First Trust's metrics gain meaning when benchmarked against the best and worst performers in its sector.

First Trust Competition Correlation Matrix

Reviewing how First Trust SAMPP moves relative to competing etfs can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	MVV	WEBL	LEXI	UJUN	MSMR	ERTH	XJUN	GSC	QLV	FPXI
MVV		-0.67	0.84	0.78	0.72	0.66	0.84	0.96	0.8	0.87	MVV
WEBL	-0.67		-0.47	-0.55	-0.53	-0.49	-0.67	-0.53	-0.83	-0.76	WEBL
LEXI	0.84	-0.47		0.92	0.84	0.82	0.81	0.85	0.73	0.9	LEXI
UJUN	0.78	-0.55	0.92		0.85	0.69	0.89	0.73	0.81	0.86	UJUN
MSMR	0.72	-0.53	0.84	0.85		0.59	0.79	0.67	0.77	0.87	MSMR
ERTH	0.66	-0.49	0.82	0.69	0.59		0.58	0.69	0.58	0.8	ERTH
XJUN	0.84	-0.67	0.81	0.89	0.79	0.58		0.76	0.84	0.84	XJUN
GSC	0.96	-0.53	0.85	0.73	0.67	0.69	0.76		0.66	0.81	GSC
QLV	0.8	-0.83	0.73	0.81	0.77	0.58	0.84	0.66		0.87	QLV
FPXI	0.87	-0.76	0.9	0.86	0.87	0.8	0.84	0.81	0.87		FPXI
	MVV	WEBL	LEXI	UJUN	MSMR	ERTH	XJUN	GSC	QLV	FPXI

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High positive correlations

GSC	+ 0.96	MVV
UJUN	+ 0.92	LEXI
FPXI	+ 0.9	LEXI
XJUN	+ 0.89	UJUN
FPXI	+ 0.87	MVV
FPXI	+ 0.87	MSMR

High negative correlations

QLV	- 0.83	WEBL
FPXI	- 0.76	WEBL
XJUN	- 0.67	WEBL
WEBL	- 0.67	MVV
UJUN	- 0.55	WEBL
GSC	- 0.53	WEBL

First Trust Constituents Risk-Adjusted Indicators

Surface-level performance for First Etf can mask how the business actually stacks up against its competitive set. Without reviewing risk-adjusted indicators, investors may overweight recent returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MVV	1.47	0.02	0.03	-0.21	1.89	-1.59	2.83	-3.55	11.26
WEBL	2.84	-0.49	0.00	-0.23	0.00	0.00	4.94	-6.77	15.95
LEXI	0.58	0.03	0.04	0.01	0.84	-0.51	0.98	-1.31	3.62
UJUN	0.16	0.01	0.13	0.02	0.18	-0.18	0.40	-0.45	1.20
MSMR	0.66	0.04	0.05	0.04	0.89	-0.69	1.21	-1.38	4.93
ERTH	0.78	0.06	0.06	0.05	0.99	-0.77	1.45	-1.57	4.99
XJUN	0.13	0.00	0.15	-0.02	0.14	-0.13	0.26	-0.35	0.90
GSC	0.89	-0.03	0.00	-3.92	0.00	0.00	1.80	-1.90	6.24
QLV	0.33	0.04	0.13	0.08	0.38	-0.34	0.60	-0.68	2.23
FPXI	1.24	0.14	0.08	0.09	1.48	-1.25	2.20	-2.30	7.40

First Trust Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	FRI	MVV	WEBL	LEXI	UJUN	MSMR	ERTH	XJUN	GSC	QLV
	0.68 29.67 First	0.00 71.54 ProShares	1.82 19.55 Direxion	1.04 35.83 Alexis	0.56 37.50 Innovator	0.29 35.17 ETF	0.10 47.95 Invesco	0.00 43.14 First	0.98 54.48 Goldman	0.59 73.58 FlexShares
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Balanced	Soft	Weak	Mild	Contained	Contained	Mild	Moderate	Soft	Moderate
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Over Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Sell	Strong Sell	Strong Hold	Hold	Strong Hold	Buy	Cautious Hold	Sell	Strong Hold
Price To Sales	6.23	1.32	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Equity Positions Weight	99.36	196.02	37.12	91.41	99.43	0.12	99.99	98.81	N/A	98.85
Three Year Return	10.2	15.9	41.1	17.8	11.5	18.9	0.6	11.3	N/A	15.6
Net Asset	154.31 M	97.83 M	92.53 M	47.29 M	111.42 M	31.23 M	315.06 M	130.17 M	98.26 M	149.56 M
Price To Book	2.21	2.3	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Five Year Return	5.7	3.1	-22.3	N/A	5.7	N/A	-5.8	N/A	N/A	11.3
One Year Return	12.3	26.1	-2.5	23.9	12.8	21.4	19.7	13.0	N/A	14.1
Last Dividend Paid	0.39	0.013	0.018	N/A	1.01	N/A	N/A	N/A	N/A	0.12
Ten Year Return	5.6	12.6	N/A	N/A	N/A	N/A	7.3	N/A	N/A	N/A
Price To Earning	25.91	20.72	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Beta	1.1	2.25	3.95	1.1	0.46	0.78	1.41	0.33	N/A	0.65
Day Typical Price	29.6	71.33	19.43	35.71	37.43	35.14	47.95	43.08	54.28	73.44
Accumulation Distribution	0.0067	0.027	0.0179	0.0103	0.0056	0.0028	N/A	0.0039	0.011	0.0058
Market Facilitation Index	0.2	1.95	0.35	0.37	0.21	0.1	N/A	0.17	0.6	0.43
Daily Balance Of Power	1.0	N/A	1.0	1.0	1.0	1.0	0	N/A	0.8833	1.0
Period Momentum Indicator	0.2	N/A	0.35	0.37	0.21	0.1	-0.05	N/A	0.53	0.43
Rate Of Daily Change	1.01	1.0	1.02	1.01	1.01	1.0	1.0	1.0	1.01	1.01
Day Median Price	29.57	71.22	19.38	35.64	37.39	35.12	47.95	43.06	54.18	73.37
Price Action Indicator	0.2	0.32	0.35	0.37	0.21	0.1	-0.03	0.085	0.56	0.43
Coefficient Of Variation	554.28	6139.77	-682.75	3827.34	1569.09	2897.0	1970.0	1621.48	-6,150	1008.45
Mean Deviation	0.5414	1.47	2.84	0.584	0.1624	0.6587	0.7839	0.1281	0.8864	0.3285
Jensen Alpha	0.1264	0.0195	-0.49	0.0294	0.0105	0.0358	0.0624	-0.0002	-0.03	0.0427
Total Risk Alpha	0.1414	0.088	-0.43	0.0337	0.012	0.0506	0.0732	0.006	0.0101	0.0457
Sortino Ratio	0.1789	0.0254	N/A	0.0412	0.1261	0.0491	0.0636	0.1468	N/A	0.1287
Downside Variance	0.6517	3.7	N/A	0.7534	0.0604	0.9337	1.11	0.0336	N/A	0.2054
Standard Deviation	0.709	1.98	3.72	0.7372	0.2269	0.8953	0.992	0.1686	1.19	0.4214
Kurtosis	-0.14	1.06	0.3458	-0.01	1.08	1.62	0.2387	0.7479	0.498	0.6316
Potential Upside	1.26	2.83	4.94	0.9779	0.4006	1.21	1.45	0.2573	1.8	0.5971
Treynor Ratio	0.3701	-0.21	-0.23	0.0122	0.0196	0.0372	0.0486	-0.02	-3.92	0.0774
Maximum Drawdown	3.07	11.26	15.95	3.62	1.2	4.93	4.99	0.9042	6.24	2.23
Variance	0.5026	3.94	13.86	0.5435	0.0515	0.8015	0.9841	0.0284	1.43	0.1776
Market Risk Adjusted Performance	0.3801	-0.20	-0.22	0.0222	0.0296	0.0472	0.0586	-0.01	-3.91	0.0874
Risk Adjusted Performance	0.1432	0.019	-0.11	0.0201	0.0258	0.0287	0.0426	0.0119	-0.01	0.0704
Skewness	-0.24	0.1669	-0.59	-0.21	-0.07	-0.24	-0.10	-0.22	0.0745	-0.35
Semi Deviation	0.5973	1.89	N/A	0.8393	0.1808	0.8881	0.9901	0.1434	N/A	0.3764
Information Ratio	0.2037	0.0246	-0.14	0.0485	0.1365	0.053	0.0674	0.1596	-0.0024	0.1384
Value At Risk	-1.14	-3.55	-6.77	-1.31	-0.45	-1.38	-1.57	-0.35	-1.90	-0.68
Expected Short fall	-0.56	-1.59	N/A	-0.51	-0.18	-0.69	-0.77	-0.13	N/A	-0.34
Downside Deviation	0.8073	1.92	N/A	0.868	0.2458	0.9663	1.05	0.1834	N/A	0.4532
Semi Variance	0.3567	3.56	N/A	0.7045	0.0327	0.7887	0.9802	0.0206	N/A	0.1416

First Trust Competition Peer Performance Charts

How to Analyze First Trust Against Peers

First Trust's peer analysis compares First Trust with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether First Trust trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where First Trust leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

EPS growth trajectory comparison for First Trust versus peers cuts through one-quarter earnings surprises and focuses on structural earnings expansion across periods. Comparing operational quality across peers can be more informative than reading one company in isolation.

Macroaxis compiles First Trust SAMPP metrics from fund disclosures and market reference feeds and applies consistent transformation rules before display. Not all fields update in real time.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board

Last reviewed on March 2nd, 2026

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First Trust Competition

Correlation: First Trust vs First Trust Overview

Moving together with First Etf

Moving against First Etf

Specify up to 10 symbols:

First Trust Competition Correlation Matrix

High positive correlations

High negative correlations

First Trust Constituents Risk-Adjusted Indicators

First Trust Competitive Analysis

First Trust Competition Peer Performance Charts

How to Analyze First Trust Against Peers

Peer Comparison Metrics & Methodology

This content is curated and reviewed by:

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