First Trust Competition

RFDI Etf

USD 81.98 0.93 1.15%

First Trust RiverFront is often compared with Avantis International, Goldman Sachs, WisdomTree Emerging, WisdomTree Emerging, and First Trust and additional peers. Return on equity for First Trust looks different when stacked against the top and bottom of its peer set.

Correlation: First Trust vs IShares Oil Details

Poor diversification

The correlation between First Trust and IShares Oil is 0.66, which Macroaxis classifies as Poor diversification for the selected horizon. This chart helps evaluate whether adding IShares Oil genuinely reduces risk relative to holding First Trust alone.

Moving together with First Etf

0.98	EFV	iShares MSCI EAFE	Pair Corr
0.91	FNDF	Schwab Fundamental	Pair Corr
0.96	VYMI	Vanguard International	Pair Corr
0.9	IDV	iShares International	Pair Corr
0.96	DFIV	Dimensional International	Pair Corr

Moving against First Etf

0.56	FNGU	MicroSectors FANG Index Symbol Change	Pair Corr
0.53	BOED	Direxion Daily BA	Pair Corr

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Experienced investors tracking First Trust's watch for mean reversion setups where price has deviated from its long-run average. Sentiment extremes, news events, or liquidity shocks are common catalysts for these temporary dislocations in First Trust. Prices periodically overshoot their intrinsic value in both directions, creating mean reversion opportunities in First Trust. The mean reversion signal is most useful when combined with fundamental confirmation for First Trust's.

Hype

Prediction

Low	Estimated	High
80.91	82.03	83.15

Details

Intrinsic

Valuation

Low	Real	High
73.78	85.91	87.03

Details

Peer comparison enriches First Trust analysis by revealing how the company ranks against competitors. First Trust's multiples must be compared to direct competitors to determine genuine value. Superior peer-relative performance is one of the strongest justifications for First Trust's valuation premium. Cross-company comparison is essential to validate or challenge any investment thesis on First Trust RiverFront.

First Trust Competition Correlation Matrix

Competition correlation for First Trust RiverFront matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. The current classification points to the Foreign Large Value category. In practical terms, lower correlation may offer better diversification while higher correlation may leave the portfolio more exposed to one shared driver.

	AVDS	GSEE	EMMF	DGRE	FYT	TDSC	BLES	ECML	KCCA	IEZ
AVDS		0.95	0.94	0.93	0.87	0.89	0.96	0.9	-0.54	0.7	AVDS
GSEE	0.95		0.99	0.97	0.87	0.89	0.91	0.92	-0.59	0.79	GSEE
EMMF	0.94	0.99		0.97	0.88	0.91	0.9	0.93	-0.65	0.83	EMMF
DGRE	0.93	0.97	0.97		0.9	0.92	0.91	0.93	-0.68	0.87	DGRE
FYT	0.87	0.87	0.88	0.9		0.84	0.87	0.96	-0.71	0.86	FYT
TDSC	0.89	0.89	0.91	0.92	0.84		0.87	0.86	-0.74	0.84	TDSC
BLES	0.96	0.91	0.9	0.91	0.87	0.87		0.88	-0.57	0.71	BLES
ECML	0.9	0.92	0.93	0.93	0.96	0.86	0.88		-0.64	0.85	ECML
KCCA	-0.54	-0.59	-0.65	-0.68	-0.71	-0.74	-0.57	-0.64		-0.87	KCCA
IEZ	0.7	0.79	0.83	0.87	0.86	0.84	0.71	0.85	-0.87		IEZ
	AVDS	GSEE	EMMF	DGRE	FYT	TDSC	BLES	ECML	KCCA	IEZ

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High positive correlations

EMMF	+ 0.99	GSEE
DGRE	+ 0.97	GSEE
DGRE	+ 0.97	EMMF
BLES	+ 0.96	AVDS
ECML	+ 0.96	FYT
GSEE	+ 0.95	AVDS

High negative correlations

IEZ	- 0.87	KCCA
KCCA	- 0.74	TDSC
KCCA	- 0.71	FYT
KCCA	- 0.68	DGRE
KCCA	- 0.65	EMMF
KCCA	- 0.64	ECML

First Trust Constituents Risk-Adjusted Indicators

First Trust ETF can look attractive on recent price action while risk efficiency lags the peer group. Reviewing First Trust's risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AVDS	0.82	0.11	0.09	0.08	1.31	-0.74	1.88	-1.92	5.33
GSEE	1.02	0.18	0.11	0.10	1.45	-0.98	2.54	-2.41	6.60
EMMF	0.86	0.17	0.12	0.12	1.31	-0.89	1.80	-1.69	6.46
DGRE	1.14	0.23	0.13	0.13	1.56	-1.21	2.34	-2.14	7.60
FYT	0.86	0.16	0.15	0.10	0.89	-0.97	2.08	-1.62	5.63
TDSC	0.50	0.07	0.12	0.08	0.70	-0.46	0.72	-1.24	3.58
BLES	0.63	0.02	0.08	-0.13	0.93	-0.59	1.19	-1.38	4.23
ECML	0.85	0.15	0.15	0.11	0.85	-0.92	1.97	-1.34	7.14
KCCA	0.68	-0.13	0.00	-0.98	0.00	0.00	1.57	-2.34	6.66
IEZ	1.47	0.64	0.42	0.46	1.05	-1.81	3.89	-1.91	9.02

First Trust Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	RFDI	AVDS	GSEE	EMMF	DGRE	FYT	TDSC	BLES	ECML	KCCA
	1.15 81.98 First	1.89 71.87 Avantis	1.38 59.36 Goldman	1.06 33.45 WisdomTree	1.54 33.67 WisdomTree	0.76 62.07 First	0.62 25.97 Cabana	0.16 43.89 Inspire	0.78 36.13 ECML	0.27 15.06 KraneShares
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Soft	Mild	Contained	Contained	Contained	Moderate	Mild	Soft	Contained	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Fair	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Fairly Valued	Over Valued	Under 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)	Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Hold	Strong Sell	Strong Buy	Cautious Hold
Net Asset	113.81 M	N/A	29.16 M	1.96 M	65.14 M	174.11 M	579.94 M	117.94 M	N/A	272.82 M
Price To Book	N/A	N/A	N/A	N/A	3.34	1.48	N/A	N/A	N/A	N/A
Five Year Return	8.2	N/A	4.6	8.1	4.2	4.4	2.8	7.8	N/A	N/A
One Year Return	22.1	30.9	32.2	28.5	33.3	19.6	5.2	17.4	18.4	-10.3
Last Dividend Paid	0.39	N/A	N/A	0.063	0.18	0.12	N/A	0.16	N/A	N/A
Beta	0.91	N/A	0.94	0.7	0.94	1.11	0.74	1.04	N/A	0.1
Price To Earning	N/A	N/A	N/A	N/A	15.33	17.01	N/A	N/A	N/A	N/A
Price To Sales	N/A	N/A	N/A	N/A	1.96	0.64	N/A	N/A	N/A	N/A
Equity Positions Weight	98.19	N/A	99.41	99.99	99.31	99.63	N/A	99.18	N/A	28.74
Three Year Return	18.4	N/A	16.9	18.6	16.9	12.3	8.1	13.7	N/A	-4.7
Annual Yield	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.0079	N/A
Bond Positions Weight	N/A	N/A	N/A	0.01	N/A	N/A	N/A	N/A	N/A	N/A
Ten Year Return	N/A	N/A	N/A	N/A	7.2	9.2	N/A	N/A	N/A	N/A
Day Typical Price	82.05	71.98	59.47	33.45	33.69	61.89	25.99	43.82	36.13	15.03
Accumulation Distribution	9.96	213.27	11.98	31.36	80.81	66.54	2.25	0.0109	N/A	58.83
Market Facilitation Index	1.0E-4	0.0	1.0E-4	0.0	0.0	1.0E-4	1.0E-4	0.48	N/A	0.0
Daily Balance Of Power	2.90625	2.254237	2.53125	2.1875	2.125	0.7231	2.666667	0.1458	N/A	0.5
Period Momentum Indicator	0.93	1.33	0.81	0.35	0.51	0.47	0.16	0.07	0.28	0.04
Rate Of Daily Change	1.01	1.02	1.01	1.01	1.02	1.01	1.01	1.0	1.01	1.0
Day Median Price	82.08	72.04	59.52	33.45	33.7	61.81	26.0	43.78	36.13	15.02
Price Action Indicator	0.37	0.5	0.25	0.18	0.23	0.5	0.05	0.14	0.14	0.06
Relative Strength Index	40.31	39.88	46.19	48.55	46.88	39.62	51.8	39.0	44.42	34.62
Coefficient Of Variation	1922.03	1455.34	1098.88	974.38	889.25	989.44	1249.06	2021.12	1034.94	-857.41
Mean Deviation	0.828	0.8246	1.02	0.8615	1.14	0.8567	0.4983	0.634	0.8484	0.6817
Jensen Alpha	0.0979	0.1127	0.1798	0.1684	0.2295	0.1592	0.0718	0.0183	0.1478	-0.13
Total Risk Alpha	0.1195	0.1406	0.2083	0.1975	0.2616	0.1763	0.0857	0.0874	0.1754	-0.06
Sortino Ratio	0.0786	0.0871	0.1059	0.1192	0.1309	0.1518	0.1238	0.0822	0.1517	N/A
Downside Variance	1.68	1.95	2.6	2.05	2.71	1.07	0.6197	1.11	1.04	N/A
Standard Deviation	1.08	1.11	1.38	1.22	1.51	1.11	0.6483	0.8323	1.13	1.07
Kurtosis	0.634	0.8971	1.16	3.05	1.8	0.2075	0.8032	0.5879	1.54	3.63
Potential Upside	1.91	1.88	2.54	1.8	2.34	2.08	0.717	1.19	1.97	1.57
Treynor Ratio	0.05	0.0784	0.0994	0.1201	0.1271	0.0981	0.0779	-0.13	0.113	-0.98
Maximum Drawdown	5.11	5.33	6.6	6.46	7.6	5.63	3.58	4.23	7.14	6.66
Variance	1.17	1.22	1.9	1.49	2.28	1.22	0.4203	0.6927	1.28	1.15
Market Risk Adjusted Performance	0.06	0.0884	0.1094	0.1301	0.1371	0.1081	0.0879	-0.12	0.123	-0.97
Risk Adjusted Performance	0.0452	0.0591	0.0789	0.0877	0.097	0.0857	0.0632	0.0408	0.0822	-0.09
Skewness	-0.62	-0.79	-0.58	-1.14	-0.75	0.2448	-0.44	-0.67	0.3155	-0.51
Semi Deviation	1.2	1.31	1.45	1.31	1.56	0.8945	0.7031	0.9335	0.855	N/A
Information Ratio	0.0941	0.1099	0.1241	0.14	0.1426	0.1423	0.1503	0.1042	0.1369	-0.07
Value At Risk	-1.86	-1.92	-2.41	-1.69	-2.14	-1.62	-1.24	-1.38	-1.34	-2.34
Expected Short fall	-0.76	-0.74	-0.98	-0.89	-1.21	-0.97	-0.46	-0.59	-0.92	N/A
Downside Deviation	1.3	1.4	1.61	1.43	1.64	1.04	0.7872	1.05	1.02	N/A
Semi Variance	1.44	1.71	2.1	1.71	2.44	0.8001	0.4944	0.8714	0.731	N/A

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

Operating expenses at First Trust as a share of revenue sit below the peer group midpoint, signaling tighter cost control. Peer benchmarking can improve context for valuation without relying only on standalone multiples.

The analytics block for First Trust RiverFront relies on fund disclosures and market reference feeds, with quality checks and normalization applied before rendering. Timing can vary by data vendor.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board

Last reviewed on March 3rd, 2026

Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions

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