AFMC, NYSE
FIRST TRUST ACTIVE FACTOR MID CAP ETF (AFMC)
Price (as of October 24)
21.3576USD
Correlations
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Barclays Bank Plc iPath Silver ETN Global Med Term Nt Ser A 10062049 |
-0.42 |
|
Direxion Daily Energy Bear 2X Shares |
-0.38 |
|
ETFMG REAL ESTATE TECH ETF |
-0.36 |
|
Simplify Volt Fintech Disruption ETF |
-0.32 |
|
Euclid Capital Growth ETF |
-0.3 |
|
Invesco RAFI Strategic Emerging Markets ETF |
-0.05 |
|
Invesco Alerian Galaxy Crypto Economy ETF |
-0.07 |
|
Xtrackers Municipal Infrastructure Revenue Bond ETF |
-0.06 |
|
Trajan Wealth Income Opportunities ETF |
-0.07 |
|
AdvisorShares North Square McKee Core Reserves ETF |
-0.04 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.98 |
|
iShares MSCI Global Multifactor ETF |
0.97 |
|
First Trust Active Factor Large Cap ETF |
0.96 |
|
First Trust RBA American Industrial Renaissance ETF |
0.96 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.95 |
|
WisdomTree U.S. AI Enhanced Value Fund |
0.85 |
|
iShares MSCI ACWI ETF |
0.85 |
|
American Conservative Values ETF |
0.88 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
LeaderShares Activist Leaders ETF |
0.9 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Barclays Bank Plc iPath Silver ETN Global Med Term Nt Ser A 10062049 |
-0.27 |
|
iShares Global Clean Energy ETF |
-0.2 |
|
iShares MSCI Global Agriculture Producers ETF |
-0.19 |
|
SPDR S&P Global Infrastructure ETF |
-0.19 |
|
ETFMG Prime 2X Daily Inverse Junior Silver Miners ETF |
-0.18 |
|
Invesco BulletShares 2022 Municipal Bond ETF |
-0.12 |
|
VICTORYSHARES INTERNATIONAL HIGH DIV VOLATILITY WTD ETF |
0.09 |
|
AGFIQ GLOBAL INFRASTRUCTURE ETF |
-0.02 |
|
Optica Rare Earths & Critical Materials ETF |
-0.15 |
|
iShares U.S. Utilities ETF |
-0.04 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.97 |
|
First Trust Active Factor Large Cap ETF |
0.95 |
|
iShares MSCI Global Multifactor ETF |
0.94 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.93 |
|
American Conservative Values ETF |
0.92 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
|
LeaderShares Activist Leaders ETF |
0.9 |
|
iShares MSCI ACWI ETF |
0.85 |
|
American Customer Satisfaction ETF |
0.85 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
iShares MSCI New Zealand ETF |
-0.26 |
|
ProShares UltraShort Dow30 |
-0.23 |
|
iShares MSCI Australia ETF |
-0.23 |
|
First Trust Preferred Securities and Income ETF |
-0.23 |
|
Fidelity Low Volatility Factor ETF |
-0.23 |
|
ProShares Short Dow30 |
-0.22 |
|
FT Cboe Vest U.S. Equity Buffer ETF - February |
-0.22 |
|
ProShares UltraShort Oil & Gas |
-0.22 |
|
FT Cboe Vest U.S. Equity Buffer ETF - August |
-0.21 |
|
Fidelity MSCI Health Care Index ETF |
-0.21 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.93 |
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.91 |
|
LeaderShares Activist Leaders ETF |
0.9 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
American Conservative Values ETF |
0.88 |
|
First Trust Active Factor Large Cap ETF |
0.87 |
|
iShares MSCI Global Multifactor ETF |
0.86 |
|
American Customer Satisfaction ETF |
0.85 |
|
WisdomTree U.S. AI Enhanced Value Fund |
0.85 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
iShares MSCI New Zealand ETF |
-0.26 |
|
ProShares UltraShort Dow30 |
-0.23 |
|
iShares MSCI Australia ETF |
-0.23 |
|
First Trust Preferred Securities and Income ETF |
-0.23 |
|
Fidelity Low Volatility Factor ETF |
-0.23 |
|
ProShares Short Dow30 |
-0.22 |
|
FT Cboe Vest U.S. Equity Buffer ETF - February |
-0.22 |
|
ProShares UltraShort Oil & Gas |
-0.22 |
|
FT Cboe Vest U.S. Equity Buffer ETF - August |
-0.21 |
|
Fidelity MSCI Health Care Index ETF |
-0.21 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.93 |
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.91 |
|
LeaderShares Activist Leaders ETF |
0.9 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
American Conservative Values ETF |
0.88 |
|
First Trust Active Factor Large Cap ETF |
0.87 |
|
iShares MSCI Global Multifactor ETF |
0.86 |
|
American Customer Satisfaction ETF |
0.85 |
|
WisdomTree U.S. AI Enhanced Value Fund |
0.85 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
Schwab U.S. Mid-Cap ETF |
-0.21 |
|
SoFi Next 500 ETF |
-0.21 |
|
NATIXIS VAUGHAN NELSON MID CAP ETF |
-0.21 |
|
Invesco Raymond James SB-1 Equity ETF |
-0.2 |
|
Vanguard U.S. Multifactor ETF |
-0.2 |
|
Vanguard U.S. Minimum Volatility ETF |
-0 |
|
WisdomTree U.S. Multifactor Fund |
0 |
|
First Trust Mid Cap US Equity Select ETF |
0.06 |
|
Vanguard U.S. Quality Factor ETF |
0.01 |
|
Vanguard Mid-Cap ETF |
0.01 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
Pacer Lunt MidCap Multi-Factor Alternator ETF |
0.4 |
|
SPDR Russell 1000 Momentum Focus ETF |
0.36 |
|
S&P MidCap 400 ETF |
0.26 |
|
Formidable ETF |
0.26 |
|
Xtrackers S&P MidCap 400 ESG ETF |
0.25 |
|
WisdomTree U.S. MidCap Fund |
-0.14 |
|
First Trust Mid Cap Core AlphaDEX Fund |
-0.15 |
|
Fidelity Small-Mid Cap Opportunities ETF |
-0.04 |
|
Fidelity Small-Mid Multifactor ETF |
-0.16 |
|
Invesco S&P MidCap 400 Equal Weight ETF |
-0.12 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
Vanguard U.S. Multifactor ETF |
-0.11 |
|
NATIXIS VAUGHAN NELSON MID CAP ETF |
-0.09 |
|
WisdomTree U.S. Multifactor Fund |
-0.09 |
|
Vanguard U.S. Quality Factor ETF |
-0.08 |
|
Vanguard U.S. Liquidity Factor ETF |
-0.07 |
|
Invesco Russell 1000 Low Beta Equal Weight ETF |
-0.06 |
|
Vanguard Mid-Cap ETF |
0.01 |
|
BNY Mellon US Mid Cap Core Equity ETF |
-0.08 |
|
iShares MSCI USA Mid-Cap Multifactor ETF |
-0.01 |
|
Formidable Fortress ETF |
-0.01 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
SPDR S&P Kensho Smart Mobility ETF |
0.11 |
|
First Trust Dividend Strength ETF |
0.1 |
|
Invesco S&P MidCap Low Volatility ETF |
0.09 |
|
Invesco S&P MidCap Quality ETF |
0.08 |
|
iShares ESG Screened S&P Mid-Cap ETF |
0.07 |
|
ETC 6 Meridian Low Beta Equity ETF |
0.02 |
|
ProShares S&P MidCap 400 Div Aristocrats ETF |
-0.03 |
|
Pacer Lunt MidCap Multi-Factor Alternator ETF |
0.04 |
|
HARTFORD LONGEVITY ECONOMY ETF |
0.01 |
|
SPDR Russell 1000 Momentum Focus ETF |
-0.03 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
Invesco Zacks Mid-Cap ETF |
-0.18 |
|
Xtrackers Russell US Multifactor ETF |
-0.16 |
|
Fidelity Small-Mid Multifactor ETF |
-0.16 |
|
Invesco Russell 1000 Equal Weight ETF |
-0.15 |
|
First Trust Mid Cap Core AlphaDEX Fund |
-0.15 |
|
WisdomTree U.S. MidCap Fund |
-0.14 |
|
Invesco S&P MidCap 400 Equal Weight ETF |
-0.12 |
|
iShares Morningstar Mid-Cap ETF |
-0.1 |
|
Schwab U.S. Mid-Cap ETF |
-0.1 |
|
JPMorgan Diversified Return U.S. Mid Cap Equity ETF |
-0.1 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
First Trust Dividend Strength ETF |
0.14 |
|
First Trust Mid Cap US Equity Select ETF |
0.06 |
|
Invesco Raymond James SB-1 Equity ETF |
0.06 |
|
iShares ESG Screened S&P Mid-Cap ETF |
0.05 |
|
Invesco S&P MidCap Low Volatility ETF |
0.05 |
|
Invesco S&P MidCap Quality ETF |
0.05 |
|
Timothy Plan US Large/Mid Cap Core Enhanced ETF |
0.04 |
|
Pacer Lunt MidCap Multi-Factor Alternator ETF |
0.04 |
|
Invesco Dynamic Market ETF |
0.03 |
|
Invesco S&P Spin-Off ETF |
0.03 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
Invesco Zacks Mid-Cap ETF |
-0.18 |
|
Xtrackers Russell US Multifactor ETF |
-0.16 |
|
Fidelity Small-Mid Multifactor ETF |
-0.16 |
|
Invesco Russell 1000 Equal Weight ETF |
-0.15 |
|
First Trust Mid Cap Core AlphaDEX Fund |
-0.15 |
|
WisdomTree U.S. MidCap Fund |
-0.14 |
|
Invesco S&P MidCap 400 Equal Weight ETF |
-0.12 |
|
iShares Morningstar Mid-Cap ETF |
-0.1 |
|
Schwab U.S. Mid-Cap ETF |
-0.1 |
|
JPMorgan Diversified Return U.S. Mid Cap Equity ETF |
-0.1 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
First Trust Dividend Strength ETF |
0.14 |
|
First Trust Mid Cap US Equity Select ETF |
0.06 |
|
Invesco Raymond James SB-1 Equity ETF |
0.06 |
|
iShares ESG Screened S&P Mid-Cap ETF |
0.05 |
|
Invesco S&P MidCap Low Volatility ETF |
0.05 |
|
Invesco S&P MidCap Quality ETF |
0.05 |
|
Timothy Plan US Large/Mid Cap Core Enhanced ETF |
0.04 |
|
Pacer Lunt MidCap Multi-Factor Alternator ETF |
0.04 |
|
Invesco Dynamic Market ETF |
0.03 |
|
Invesco S&P Spin-Off ETF |
0.03 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
Sight Sciences, Inc. |
-0.43 |
|
Mountain & Co. I Acquisition Corp. |
-0.42 |
|
Barclays Bank Plc iPath Silver ETN Global Med Term Nt Ser A 10062049 |
-0.42 |
|
Stronghold Digital Mining, Inc. |
-0.41 |
|
Global Blockchain Acquisition Corp. |
-0.4 |
|
Super Group (SGHC) Limited |
-0.07 |
|
Direxion Daily Energy Bear 2X Shares |
0.18 |
|
Stifel Financial Corp. |
-0.07 |
|
Teleflex Incorporated |
-0.02 |
|
Kairous Acquisition Corp. Limited |
-0.04 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.98 |
|
iShares MSCI Global Multifactor ETF |
0.97 |
|
First Trust Active Factor Large Cap ETF |
0.96 |
|
First Trust RBA American Industrial Renaissance ETF |
0.96 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.95 |
|
WisdomTree U.S. AI Enhanced Value Fund |
0.85 |
|
iShares MSCI ACWI ETF |
0.85 |
|
American Conservative Values ETF |
0.88 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
LeaderShares Activist Leaders ETF |
0.9 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
Barclays Bank Plc iPath Silver ETN Global Med Term Nt Ser A 10062049 |
-0.27 |
|
Perma-Pipe International Holdings, Inc. |
-0.23 |
|
Global Blockchain Acquisition Corp. |
-0.22 |
|
Constellation Energy Corporation |
-0.22 |
|
iShares Global Clean Energy ETF |
-0.2 |
|
Maxpro Capital Acquisition Corp. |
-0.2 |
|
iShares MSCI Global Agriculture Producers ETF |
-0.02 |
|
Viper Energy Partners LP |
-0.02 |
|
QSAM Biosciences, Inc. |
-0.04 |
|
AutoNation, Inc. |
-0.11 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.97 |
|
First Trust Active Factor Large Cap ETF |
0.95 |
|
iShares MSCI Global Multifactor ETF |
0.94 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.93 |
|
American Conservative Values ETF |
0.92 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
|
LeaderShares Activist Leaders ETF |
0.9 |
|
iShares MSCI ACWI ETF |
0.85 |
|
S&P 500 |
0.84 |
|
American Customer Satisfaction ETF |
0.85 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
FRP Holdings, Inc. |
-0.27 |
|
iShares MSCI New Zealand ETF |
-0.26 |
|
MFS High Income Municipal Trust |
-0.26 |
|
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc |
-0.26 |
|
Codorus Valley Bancorp, Inc. |
-0.23 |
|
ProShares UltraShort Dow30 |
-0.23 |
|
iShares MSCI Australia ETF |
-0.23 |
|
First Trust Preferred Securities and Income ETF |
-0.23 |
|
Fair Isaac Corporation |
-0.23 |
|
Fidelity Low Volatility Factor ETF |
-0.23 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.93 |
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.91 |
|
LeaderShares Activist Leaders ETF |
0.9 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
American Conservative Values ETF |
0.88 |
|
First Trust Active Factor Large Cap ETF |
0.87 |
|
iShares MSCI Global Multifactor ETF |
0.86 |
|
American Customer Satisfaction ETF |
0.85 |
|
WisdomTree U.S. AI Enhanced Value Fund |
0.85 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
FRP Holdings, Inc. |
-0.27 |
|
iShares MSCI New Zealand ETF |
-0.26 |
|
MFS High Income Municipal Trust |
-0.26 |
|
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc |
-0.26 |
|
Codorus Valley Bancorp, Inc. |
-0.23 |
|
ProShares UltraShort Dow30 |
-0.23 |
|
iShares MSCI Australia ETF |
-0.23 |
|
First Trust Preferred Securities and Income ETF |
-0.23 |
|
Fair Isaac Corporation |
-0.23 |
|
Fidelity Low Volatility Factor ETF |
-0.23 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.93 |
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.91 |
|
LeaderShares Activist Leaders ETF |
0.9 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
American Conservative Values ETF |
0.88 |
|
First Trust Active Factor Large Cap ETF |
0.87 |
|
iShares MSCI Global Multifactor ETF |
0.86 |
|
American Customer Satisfaction ETF |
0.85 |
|
WisdomTree U.S. AI Enhanced Value Fund |
0.85 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
Profile
- Sector:
- Mid-cap Blend
- Industry:
- Exchange Traded Funds
Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.