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Upturn AI SWOT - About
First Trust Structured Credit Income Opportunities ETF (SCIO)
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Upturn Advisory Summary
08/14/2025: SCIO (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 11.43% | Avg. Invested days 87 | 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 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 18.49 - 22.13 | Updated Date 06/30/2025 |
52 Weeks Range 18.49 - 22.13 | Updated Date 06/30/2025 |
Upturn AI SWOT
First Trust Exchange-Traded Fund IV
ETF Overview
Overview
The First Trust Structured Credit Income Opportunities ETF (FSC) seeks to generate current income by investing in a portfolio of structured credit investments, primarily CLOs. It offers exposure to the structured credit market and is actively managed.
Reputation and Reliability
First Trust is a well-established ETF provider with a strong reputation in the industry.
Management Expertise
First Trust has a dedicated team with experience in structured credit investments.
Investment Objective
Goal
The ETF's primary objective is to seek current income.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index but rather employs an active management strategy to identify and invest in structured credit opportunities.
Composition The ETF primarily holds Collateralized Loan Obligations (CLOs) with some allocation to other structured credit assets.
Market Position
Market Share: Data not reliably available for market share within the very specific structured credit ETF category.
Total Net Assets (AUM): 131748904
Competitors
Key Competitors
- ICLO
- JAAA
- CLOZ
Competitive Landscape
The competitive landscape includes other ETFs focused on CLOs and structured credit. FSC's advantage may lie in First Trust's expertise, while disadvantages may include higher expense ratio compared to passively managed alternatives. The market is relatively niche.
Financial Performance
Historical Performance: Historical performance data needs to be retrieved from financial data providers. A historical numerical array cannot be provided without direct API access to real-time data.
Benchmark Comparison: Benchmark comparisons require specifying a relevant benchmark, which is not explicitly defined for this ETF. The absence of a specified benchmark makes this comparison difficult to quantify accurately.
Expense Ratio: 0.91
Liquidity
Average Trading Volume
The ETF's average trading volume indicates moderate liquidity.
Bid-Ask Spread
The bid-ask spread reflects the cost of trading and varies with market conditions.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and the health of the corporate loan market influence the ETF's performance.
Growth Trajectory
Growth trends depend on the demand for CLOs and the manager's ability to generate alpha through security selection.
Moat and Competitive Advantages
Competitive Edge
First Trust's expertise in structured credit provides a potential competitive edge. FSC's active management seeks to identify undervalued opportunities. The ETF focuses on generating income in the structured credit market. Active management allows for security selection beyond a broad market index. This targeted approach offers a niche investment opportunity within the fixed-income landscape.
Risk Analysis
Volatility
The ETF's volatility is influenced by the volatility of the underlying structured credit assets, including credit spreads and interest rate sensitivity.
Market Risk
Market risk includes credit risk associated with the underlying loans in the CLOs and liquidity risk, which can be higher in structured credit markets.
Investor Profile
Ideal Investor Profile
The ETF is suitable for investors seeking income and diversification in the structured credit market, who understand the risks associated with CLOs and are comfortable with active management.
Market Risk
This ETF is better suited for investors with a higher risk tolerance and a longer-term investment horizon, rather than active traders seeking short-term gains.
Summary
The First Trust Structured Credit Income Opportunities ETF offers exposure to the structured credit market through an actively managed portfolio primarily focused on CLOs. It seeks to generate current income, making it attractive to income-seeking investors. However, investors should be aware of the associated risks, including credit risk and liquidity risk. The ETF's performance is influenced by economic conditions and the manager's ability to generate alpha. Investors should carefully assess their risk tolerance and investment goals before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
Disclaimers:
Data is based on available information and may not be fully comprehensive. Market share estimates may be limited by data availability in the niche structured credit market. Investment decisions should be based on a thorough understanding of the ETF's prospectus and risks.
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 Exchange-Traded Fund IV
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in structured credit investments. Structured credit investments are created through a securitization process, in which financial assets such as loans and mortgages are packaged into interest-bearing securities backed by those assets and issued to investors. The fund is non-diversified.
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