First Trust Dow Jones Select MicroCap Index FundFDM
FDM
0
Funds holding %
of 6,817 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
3% more funds holding
Funds holding: 61 [Q2] → 63 (+2) [Q3]
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
2% more capital invested
Capital invested by funds: $110M [Q2] → $113M (+$2.56M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
13.53% less ownership
Funds ownership: 77.27% [Q2] → 63.74% (-13.53%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FDM.
Financial journalist opinion
Positive
Zacks Investment Research
1 month 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.
Positive
Seeking Alpha
4 months 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.
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