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Upturn AI SWOT - About
First Trust Mid Cap US Equity Select ETF (RNMC)
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Upturn Advisory Summary
09/15/2025: RNMC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 18.11% | Avg. Invested days 73 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.01 | 52 Weeks Range 30.22 - 38.61 | Updated Date 06/29/2025 |
52 Weeks Range 30.22 - 38.61 | Updated Date 06/29/2025 |
Upturn AI SWOT
First Trust Mid Cap US Equity Select ETF
ETF Overview
Overview
The First Trust Mid Cap US Equity Select ETF (RNMC) seeks investment results that correspond generally to the price and yield of the Dorsey Wright MidCap Select Index. The fund invests in a select portfolio of mid-capitalization US companies. It aims to provide exposure to companies demonstrating strong relative strength characteristics.
Reputation and Reliability
First Trust is a well-established ETF provider with a reputation for innovative and actively managed strategies.
Management Expertise
First Trust has a dedicated team of portfolio managers and analysts with experience in quantitative and fundamental analysis.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield of the Dorsey Wright MidCap Select Index.
Investment Approach and Strategy
Strategy: The ETF tracks the Dorsey Wright MidCap Select Index, which utilizes a relative strength methodology to select stocks.
Composition The ETF primarily holds stocks of mid-capitalization U.S. companies.
Market Position
Market Share: RNMC's market share within the mid-cap ETF space is moderate, reflecting its focused strategy and relative youth compared to larger, more broadly diversified funds.
Total Net Assets (AUM): 96540000
Competitors
Key Competitors
- IJH
- VO
- MDY
- IWR
Competitive Landscape
The mid-cap ETF market is highly competitive, with numerous funds offering exposure to this segment of the market. RNMC distinguishes itself through its relative strength-based selection process. A disadvantage is its smaller AUM compared to competitors. It has a unique investment philosophy as opposed to the other competitors.
Financial Performance
Historical Performance: Past performance does not guarantee future results. Investors should review the fund's fact sheet for detailed historical performance data.
Benchmark Comparison: Investors should review the fund's fact sheet for benchmark comparison data.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The average trading volume for RNMC is moderate, indicating reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread for RNMC is typically reasonable, reflecting the fund's liquidity and trading activity.
Market Dynamics
Market Environment Factors
Economic growth, interest rates, and sector-specific trends can influence the performance of mid-cap stocks and RNMC.
Growth Trajectory
RNMC's growth is tied to the popularity of its relative strength strategy and the performance of mid-cap stocks within that framework. There are not many changes to strategy and holdings, however, there are quarterly rebalances to stay within the relative strength methodology.
Moat and Competitive Advantages
Competitive Edge
RNMC's competitive edge lies in its unique relative strength-based stock selection methodology, potentially capturing momentum-driven returns. The fund's disciplined approach may appeal to investors seeking a systematic investment strategy. The fund is rebalanced quarterly to maintain its relative strength characteristics. First Trust is a reputable issuer. However, this strategy might underperform in certain market conditions.
Risk Analysis
Volatility
RNMC's volatility is likely to be similar to that of other mid-cap equity funds, which can be influenced by market fluctuations and economic events.
Market Risk
The ETF is subject to market risk, meaning that its value can fluctuate based on overall market conditions and investor sentiment.
Investor Profile
Ideal Investor Profile
RNMC may be suitable for investors seeking targeted exposure to mid-cap U.S. equities with a focus on relative strength. It is also good for investors who are bullish on the mid-cap market, seeking the growth potential of this particular market.
Market Risk
RNMC is suitable for long-term investors who understand and are comfortable with a relative strength-based investment approach.
Summary
The First Trust Mid Cap US Equity Select ETF (RNMC) provides exposure to mid-capitalization U.S. equities selected based on relative strength. Its relative strength methodology provides potential momentum-driven returns. RNMC is appropriate for investors seeking to outperform traditional market-cap-weighted mid-cap ETFs. Investors should carefully consider the expense ratio, liquidity, and potential risks before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence before making any investment decisions. Market share data is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Mid Cap US Equity Select ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets in the securities that comprise the index. The index is designed to select dividend-paying securities issued by mid capitalization U.S. companies.
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