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- Upturn Summary
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Upturn AI Summary
First Trust S&P 500 Diversified Free Cash Flow ETF(FCFY)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FCFY
11/06/2026: FCFY (1-star) has a low Upturn Star Rating. Not recommended to BUY.
First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) provides targeted exposure to large-cap U.S. companies that demonstrate robust free cash flow generation. By focusing on the cash-generative power of its constituents within the S&P 500, the fund aims to identify financially healthy companies that may be better positioned for long-term growth and stability. Its main strengths include a disciplined, rules-based strategy and quality-focused exposure. The fund is best suited for investors looking for a factor tilt toward value and quality, though they should be aware of potential sector concentration and the fact that it may lag during purely speculative growth cycles. Investors should monitor the fund’s performance relative to other quality-focused ETFs and broader index benchmarks.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While it holds growth companies, the focus on cash yield may lag during periods dominated by high-multiple speculative stocks. |
| Momentum investor | Mixed fit | The fund may be a strong fit while the market sentiment signal remains positive for value-tilted quality factors. |
| Value investor | Strong fit | The focus on high free cash flow yields aligns perfectly with value investing principles of buying companies cheap relative to their cash output. |
| Dividend/Income investor | Mixed fit | While FCF often supports dividends, this fund focuses on total cash flow rather than specifically targeting dividend yield. |
| Low-risk investor | Strong fit | By screening for companies with healthy cash flows, the fund tends to avoid firms with unsustainable debt loads, potentially lowering long-term risk. |
Investor Profile
Ideal Investor Profile
The ideal investor is a medium-to-long-term participant who values financial discipline and wants to tilt their U.S. large-cap portfolio toward companies with proven cash-generation capabilities.
Suitability
It is best suited for long-term investors seeking a core-satellite or factor-based approach to complement a standard S&P 500 position.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | The fund is subject to general equity market volatility, though quality screens may dampen extreme swings. |
| Market risk | Medium / high | As an equity-based fund, it remains fully exposed to broader U.S. market systemic risks. |
| Concentration | Medium | Sector weightings may deviate significantly from the market-cap-weighted S&P 500 based on the underlying index rules. |
| Tracking/expense | Low | The expense ratio is reasonable for a factor-based fund, and tracking error remains within expected bounds. |
| Liquidity | Low | Holdings are primarily high-liquidity large-cap stocks, making liquidity risk minimal. |
| Business/sector quality | Low / none | The fund's core strategy is designed specifically to mitigate business quality risk by selecting cash-generative firms. |
Risk Analysis
Volatility
FCFY exhibits volatility comparable to, or slightly lower than, the S&P 500, depending on the current market cycle.
Market Risk
The fund is inherently exposed to equity market risk; however, the FCF focus acts as a filter against the most distressed or over-leveraged companies.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | Large-Cap U.S. Equities | 98.5 | The fund holds a diversified basket of large-cap S&P 500 companies selected for their ability to generate significant cash. |
| Cash/collateral | Cash and Cash Equivalents | 1.5 | Small residual cash positions are maintained for operational liquidity and rebalancing purposes. |
Analysis of Past Performance
Type ETF | Historic Profit 5.37% | Avg. Invested days 48 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 11/06/2026 |
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