FDM icon

First Trust Dow Jones Select MicroCap Index Fund
FDM

Overview Fund Activity
76.15 USD
-0.70
0.91%
At close Updated Sep 12, 4:00 PM EDT
1 day
-0.91%
5 days
-0.14%
1 month
3.9%
3 months
9.18%
6 months
21.01%
Year to date
11.87%
1 year
24.88%
5 years
94.21%
10 years
135.76%
0
Funds holding %
of 7,462 funds
–
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

25% more capital invested

Capital invested by funds: $86.6M [Q1] → $108M (+$21.7M) [Q2]

4% more funds holding

Funds holding: 68 [Q1] → 71 (+3) [Q2]

1.77% more ownership

Funds ownership: 54.88% [Q1] → 56.66% (+1.77%) [Q2]

47% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 30

See Fund Rankings

Financial journalist opinion

Neutral
Zacks Investment Research
15 days ago
Should First Trust Dow Jones Select MicroCap ETF (FDM) Be on Your Investing Radar?
Designed to provide broad exposure to the Small Cap Blend segment of the US equity market, the First Trust Dow Jones Select MicroCap ETF (FDM) is a passively managed exchange traded fund launched on September 27, 2005.
Should First Trust Dow Jones Select MicroCap ETF (FDM) Be on Your Investing Radar?
Neutral
Seeking Alpha
1 month ago
FDM: Be Cautious About This High-Risk, Low-Reward Micro-Cap Play
FDM might lure investors with its 5.8% earnings yield, something that is quite complicated to find in today's high-priced market fluctuating around record highs. However, the reality of micro-cap investing is that large value exposure, sadly, translates into high-risk and low reward. This is the main consequence of the universe having inadequate quality. While FDM does address the quality issue in a diligent manner, which secured outperformance over its peer IWC since its inception, it has significantly underperformed IVV and IJR.
FDM: Be Cautious About This High-Risk, Low-Reward Micro-Cap Play
Negative
Seeking Alpha
4 months ago
Dow Jones Technical Outlook: Value Stocks Do Not Provide A Safe Haven Refuge
The recent sell-off in major US stock indices has been largely driven by broader macroeconomic factors. Value stocks may not be able to provide a hedge against undiversifiable risks.
Dow Jones Technical Outlook: Value Stocks Do Not Provide A Safe Haven Refuge
Neutral
Seeking Alpha
6 months ago
Why Is The IPO Market Struggling? Here's What Active Managers Have To Say
Strong returns in U.S. stocks, particularly over the past two plus years, have led investors to question the relative lack of companies going public via the IPO process — as well as the potential implications for the IPO market in the long term. According to active equity managers, a combination of increased public market regulation, a reduced pipeline of potential offerings following the prior boom, the rising role of large private asset managers in capital raising, and near-term uncertainty surrounding government policy are all contributing factors. At Russell Investments, we think investors benefit from taking a long-term view.
Why Is The IPO Market Struggling? Here's What Active Managers Have To Say
Positive
Zacks Investment Research
9 months ago
5 Small-Cap ETFs That Outperformed Russell 2000 in the Last 3 Months
Small-cap ETFs have been outperforming on optimism over Donald Trump's policies, which will likely result in faster economic growth.
5 Small-Cap ETFs That Outperformed Russell 2000 in the Last 3 Months
Positive
Seeking Alpha
1 year ago
FDM: Quality Screens A Success For This Long-Running Micro-Cap ETF
FDM tracks the Dow Jones Select Microcap Index, selecting about 150 micro-cap stocks after applying profitability and value screens. Expenses are 0.60% and the ETF has $181 million in assets. These screens have proved valuable over the long run. Since 2005, it has outperformed the more popular and better diversified IWC with less risk. I expect this trend to continue. My analysis reveals FDM is superior on risk management, value, and quality, with a slight weakness on growth. Ultimately, it looks better prepared for multiple market conditions.
FDM: Quality Screens A Success For This Long-Running Micro-Cap ETF
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