First Trust Value Line 100 Exchange-Traded Fund

Data updated: 2020-11-24

C000047485 — First Trust Value Line 100 Exchange-Traded Fund. United States Value Equity · $36.09M AUM. Holdings, fees, performance and SEC filings.

C000047485 Fund Overview

First Trust Value Line 100 Exchange-Traded Fund is a US ETF managed by First Trust Exchange-Traded Fund, categorised as United States Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US ETF
Manager: First Trust Exchange-Traded Fund
Category: United States Value Equity
Assets under management: $36.09M
1-year return: -0.3%
SEC CIK: 0001329377
SEC series ID: S000017115
Share class ID: C000047485

C000047485 Investment Objective and Strategy

First Trust Value Line 100 Exchange-Traded Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Exchange-Traded Fund.

Investment objective

"The First Trust Value Line ® 100 Exchange-Traded Fund (the ""Fund"" ) seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Value Line® 100 Index (the ""Index"" )."

Principal investment strategy

"The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is developed by Value Line Publishing, LLC ( ""Value Line"" ) and calculated by NYSE Arca. The Index is an equal-dollar weighted index that is designed to objectively identify and select 100 stocks from the universe of stocks to which Value Line assigns a #1 ranking in the Value Line Timeliness Ranking System (the ""Ranking System"" ).

The Index is comprised of securities of companies that are listed on a U.S. exchange. The inception date of the Index was January 16, 2007. The Timeliness rank measures the expected price performance relative to the other stocks in the universe over the following six to 12 months. The Ranking System was introduced in its present form in 1965. Each week, Value Line screens a wide array of data, using a series of proprietary calculations, such as long-term earnings and price trends, recent company earnings and price performance and earnings relative to expectations, to assign a Timeliness rank to each of the approximately 1,700 stocks in the Value Line universe, representing more than 90 industries, from #1 (highest) to #5 (lowest) based on their expected price performance relative to the other stocks in the universe over the following six to 12 months.

At any one time, only 100 stocks are ranked #1 in the Ranking System. As of March 29, 2018, the Index was comprised of 98 component securities. The Index largely includes the securities of large and mid cap companies."

C000047485 Performance

Total returns for C000047485 (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	-0.3%

C000047485 Risk Information

Risk metrics for C000047485, derived from monthly returns in SEC filings.

1-year volatility (annualised): 22.7%

C000047485 Costs and Fees

C000047485 costs about $70 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.70%
Gross expense ratio: 0.85%
Portfolio turnover: 310%
Brokerage commissions: 11.29 bps of average net assets (SEC N-CEN)

C000047485 Cashflows

Over the 12 months to 2020-09, First Trust Value Line 100 Exchange-Traded Fund had net inflows of $196.71M, from monthly SEC N-PORT filings.

Month	Net flow
2020-09	$61.77M
2020-08	$48.74M
2020-07	$64.13M
2020-06	$0
2020-05	$0
2020-04	$979.42K

C000047485 Debt Constituents

No individual debt constituents are reported in First Trust Value Line 100 Exchange-Traded Fund's latest SEC N-PORT filing.

C000047485 Prospectus and SEC Filings

Official First Trust Value Line 100 Exchange-Traded Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other United States Value Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.