AFSM, NYSE
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF (AFSM)
Price (as of October 24)
22.1258USD
Correlations
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Direxion Daily Energy Bear 2X Shares |
-0.39 |
|
Barclays Bank Plc iPath Silver ETN Global Med Term Nt Ser A 10062049 |
-0.38 |
|
ETFMG REAL ESTATE TECH ETF |
-0.29 |
|
Trajan Wealth Income Opportunities ETF |
-0.29 |
|
Xtrackers Municipal Infrastructure Revenue Bond ETF |
-0.28 |
|
VANECK CHINA GROWTH LEADERS ETF |
-0.05 |
|
Simplify Volt Fintech Disruption ETF |
-0.04 |
|
ETFMG Prime 2X Daily Inverse Junior Silver Miners ETF |
-0.17 |
|
Simplify Volt Pop Culture Disruption ETF |
-0.06 |
|
ProShares UltraShort FTSE Europe |
0.14 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.98 |
|
iShares MSCI Global Multifactor ETF |
0.96 |
|
First Trust Active Factor Large Cap ETF |
0.95 |
|
Adaptive Alpha Opportunities ETF |
0.95 |
|
First Trust RBA American Industrial Renaissance ETF |
0.94 |
|
iShares MSCI ACWI ETF |
0.82 |
|
AI Powered Equity ETF |
0.77 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.89 |
|
American Conservative Values ETF |
0.85 |
|
LeaderShares Activist Leaders ETF |
0.89 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Barclays Bank Plc iPath Silver ETN Global Med Term Nt Ser A 10062049 |
-0.26 |
|
iShares Global Clean Energy ETF |
-0.21 |
|
ETFMG Prime 2X Daily Inverse Junior Silver Miners ETF |
-0.19 |
|
iShares MSCI Global Agriculture Producers ETF |
-0.19 |
|
VICTORYSHARES INTERNATIONAL HIGH DIV VOLATILITY WTD ETF |
-0.18 |
|
SPDR S&P Global Infrastructure ETF |
-0.01 |
|
Invesco BulletShares 2022 Municipal Bond ETF |
-0.11 |
|
Optica Rare Earths & Critical Materials ETF |
-0.15 |
|
Vanguard Energy ETF |
-0.05 |
|
iShares U.S. Utilities ETF |
-0.02 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.97 |
|
First Trust RBA American Industrial Renaissance ETF |
0.93 |
|
iShares MSCI Global Multifactor ETF |
0.92 |
|
LeaderShares Activist Leaders ETF |
0.91 |
|
Adaptive Alpha Opportunities ETF |
0.91 |
|
First Trust Active Factor Large Cap ETF |
0.86 |
|
American Conservative Values ETF |
0.85 |
|
AI Powered Equity ETF |
0.77 |
|
iShares MSCI ACWI ETF |
0.82 |
|
American Customer Satisfaction ETF |
0.83 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
iShares MSCI New Zealand ETF |
-0.22 |
|
ProShares UltraShort Oil & Gas |
-0.19 |
|
ProShares UltraShort Dow30 |
-0.19 |
|
First Trust Preferred Securities and Income ETF |
-0.19 |
|
WisdomTree Japan SmallCap Dividend Fund |
-0.19 |
|
ProShares Short Dow30 |
-0.19 |
|
Anfield Diversified Alternatives ETF |
-0.18 |
|
iShares Global Utilities ETF |
-0.18 |
|
iShares MSCI Australia ETF |
-0.18 |
|
FT Cboe Vest U.S. Equity Buffer ETF - February |
-0.18 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.91 |
|
LeaderShares Activist Leaders ETF |
0.89 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.89 |
|
First Trust Active Factor Large Cap ETF |
0.86 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
|
American Conservative Values ETF |
0.85 |
|
iShares MSCI Global Multifactor ETF |
0.84 |
|
American Customer Satisfaction ETF |
0.83 |
|
ALPHA INTELLIGENT - LARGE CAP GROWTH ETF |
0.82 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
iShares MSCI New Zealand ETF |
-0.22 |
|
ProShares UltraShort Oil & Gas |
-0.19 |
|
ProShares UltraShort Dow30 |
-0.19 |
|
First Trust Preferred Securities and Income ETF |
-0.19 |
|
WisdomTree Japan SmallCap Dividend Fund |
-0.19 |
|
ProShares Short Dow30 |
-0.19 |
|
Anfield Diversified Alternatives ETF |
-0.18 |
|
iShares Global Utilities ETF |
-0.18 |
|
iShares MSCI Australia ETF |
-0.18 |
|
FT Cboe Vest U.S. Equity Buffer ETF - February |
-0.18 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.91 |
|
LeaderShares Activist Leaders ETF |
0.89 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.89 |
|
First Trust Active Factor Large Cap ETF |
0.86 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
|
American Conservative Values ETF |
0.85 |
|
iShares MSCI Global Multifactor ETF |
0.84 |
|
American Customer Satisfaction ETF |
0.83 |
|
ALPHA INTELLIGENT - LARGE CAP GROWTH ETF |
0.82 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
Vanguard Small Cap ETF |
-0.16 |
|
VictoryShares USAA MSCI USA Small Cap Value Momentum ETF |
-0.16 |
|
Vanguard S&P Small-Cap 600 ETF |
-0.15 |
|
Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF |
-0.14 |
|
Schwab U.S. Small-Cap ETF |
-0.13 |
|
First Trust Small Cap US Equity Select ETF |
0.05 |
|
KFA Small Cap Quality Dividend Index ETF |
0.09 |
|
First Trust Horizon Managed Volatility Small/Mid ETF |
-0 |
|
ALPHAMARK ACTIVELY MANAGED SMALL CAP ETF |
-0.02 |
|
Invesco RAFI Strategic US Small Company ETF |
-0.04 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
Nuveen Small Cap Select ETF |
0.35 |
|
Invesco PureBeta SM MSCI USA Small Cap ETF |
0.33 |
|
Nuveen ESG Small-Cap ETF |
0.33 |
|
Invesco FTSE RAFI US 1500 Small-Mid ETF |
0.32 |
|
ALPS O`Shares U.S. Small-Cap Quality Dividend ETF |
0.31 |
|
Opus Small Cap Value Plus ETF |
-0.06 |
|
OVERLAY SHARES SMALL CAP EQUITY ETF |
-0.09 |
|
Schwab Fundamental U.S. Small Company Index ETF |
-0.11 |
|
PRINCIPAL U.S. SMALL-CAP ADAPTIVE MULTI-FACTOR ETF |
-0.07 |
|
Invesco S&P SmallCap 600 Equal Weight ETF |
-0.11 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
Vanguard S&P Small-Cap 600 ETF |
-0.09 |
|
Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF |
-0.08 |
|
VictoryShares USAA MSCI USA Small Cap Value Momentum ETF |
-0.08 |
|
Vanguard Small Cap ETF |
-0.08 |
|
First Trust Horizon Managed Volatility Small/Mid ETF |
-0.04 |
|
Avantis U.S Small Cap Equity ETF |
-0.04 |
|
PRINCIPAL U.S. SMALL-CAP ADAPTIVE MULTI-FACTOR ETF |
-0.07 |
|
BNY Mellon US Small Cap Core Equity ETF |
-0.09 |
|
FRANKLIN LIBERTYQ U.S. SMALL CAP EQUITY ETF |
-0.15 |
|
KFA Small Cap Quality Dividend Index ETF |
0.09 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
Vanguard Russell 2000 Index ETF |
0.07 |
|
iShares ESG Screened S&P Small-Cap ETF |
0.06 |
|
ALPHAMARK ACTIVELY MANAGED SMALL CAP ETF |
0.05 |
|
First Trust Small Cap Core AlphaDEX Fund |
0.05 |
|
Invesco S&P SmallCap Low Volatility ETF |
0.05 |
|
ProShares Russell 2000 Div Growers ETF |
0 |
|
iShares MSCI USA Small-Cap Min Vol Factor ETF |
-0 |
|
Ballast Small/Mid Cap ETF |
0.02 |
|
Nuveen ESG Small-Cap ETF |
-0.05 |
|
SPDR SSGA US Small Cap Low Volatility Index ETF |
-0.03 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
FRANKLIN LIBERTYQ U.S. SMALL CAP EQUITY ETF |
-0.15 |
|
WisdomTree U.S. SmallCap Quality Dividend Growth Fund |
-0.14 |
|
iShares ESG Aware MSCI USA Small-Cap ETF |
-0.12 |
|
Invesco S&P SmallCap 600 Equal Weight ETF |
-0.11 |
|
Schwab Fundamental U.S. Small Company Index ETF |
-0.11 |
|
BNY Mellon US Small Cap Core Equity ETF |
-0.09 |
|
John Hancock Multifactor Small Cap ETF |
-0.09 |
|
OVERLAY SHARES SMALL CAP EQUITY ETF |
-0.09 |
|
iShares Morningstar Small-Cap ETF |
-0.08 |
|
Inspire Small/Mid Cap ESG ETF |
-0.07 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
First Trust Small Cap Core AlphaDEX Fund |
0.13 |
|
KFA Small Cap Quality Dividend Index ETF |
0.09 |
|
IQ Chaikin U.S. Small Cap ETF |
0.08 |
|
Principal U.S. Small-Cap Multi-Factor ETF |
0.08 |
|
VICTORYSHARES US SMALL CAP VOLATILITY WTD ETF |
0.07 |
|
First Trust Small Cap US Equity Select ETF |
0.05 |
|
iShares ESG Screened S&P Small-Cap ETF |
0.04 |
|
Schwab U.S. Small-Cap ETF |
0.03 |
|
Vanguard Russell 2000 Index ETF |
0.03 |
|
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
0.03 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
FRANKLIN LIBERTYQ U.S. SMALL CAP EQUITY ETF |
-0.15 |
|
WisdomTree U.S. SmallCap Quality Dividend Growth Fund |
-0.14 |
|
iShares ESG Aware MSCI USA Small-Cap ETF |
-0.12 |
|
Invesco S&P SmallCap 600 Equal Weight ETF |
-0.11 |
|
Schwab Fundamental U.S. Small Company Index ETF |
-0.11 |
|
BNY Mellon US Small Cap Core Equity ETF |
-0.09 |
|
John Hancock Multifactor Small Cap ETF |
-0.09 |
|
OVERLAY SHARES SMALL CAP EQUITY ETF |
-0.09 |
|
iShares Morningstar Small-Cap ETF |
-0.08 |
|
Inspire Small/Mid Cap ESG ETF |
-0.07 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
First Trust Small Cap Core AlphaDEX Fund |
0.13 |
|
KFA Small Cap Quality Dividend Index ETF |
0.09 |
|
IQ Chaikin U.S. Small Cap ETF |
0.08 |
|
Principal U.S. Small-Cap Multi-Factor ETF |
0.08 |
|
VICTORYSHARES US SMALL CAP VOLATILITY WTD ETF |
0.07 |
|
First Trust Small Cap US Equity Select ETF |
0.05 |
|
iShares ESG Screened S&P Small-Cap ETF |
0.04 |
|
Schwab U.S. Small-Cap ETF |
0.03 |
|
Vanguard Russell 2000 Index ETF |
0.03 |
|
VictoryShares US Discovery Enhanced Volatility Wtd ETF |
0.03 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
Global Blockchain Acquisition Corp. |
-0.41 |
|
Mountain & Co. I Acquisition Corp. |
-0.4 |
|
Super Group (SGHC) Limited |
-0.4 |
|
Teleflex Incorporated |
-0.39 |
|
Sight Sciences, Inc. |
-0.39 |
|
Direxion Daily Energy Bear 2X Shares |
0.17 |
|
Barclays Bank Plc iPath Silver ETN Global Med Term Nt Ser A 10062049 |
0 |
|
Stronghold Digital Mining, Inc. |
-0.1 |
|
Expeditors International of Washington, Inc. |
-0.01 |
|
51Talk Online Education Group |
0 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.98 |
|
iShares MSCI Global Multifactor ETF |
0.96 |
|
First Trust Active Factor Large Cap ETF |
0.95 |
|
Adaptive Alpha Opportunities ETF |
0.95 |
|
First Trust RBA American Industrial Renaissance ETF |
0.94 |
|
iShares MSCI ACWI ETF |
0.82 |
|
AI Powered Equity ETF |
0.77 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.89 |
|
American Conservative Values ETF |
0.85 |
|
LeaderShares Activist Leaders ETF |
0.89 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
Barclays Bank Plc iPath Silver ETN Global Med Term Nt Ser A 10062049 |
-0.26 |
|
Constellation Energy Corporation |
-0.23 |
|
Global Blockchain Acquisition Corp. |
-0.22 |
|
Perma-Pipe International Holdings, Inc. |
-0.22 |
|
iShares Global Clean Energy ETF |
-0.21 |
|
Viper Energy Partners LP |
-0.04 |
|
Fintech Ecosystem Development Corp. |
-0.2 |
|
Larkspur Health Acquisition Corp. |
-0.19 |
|
PBF Energy Inc. |
-0.04 |
|
ETFMG Prime 2X Daily Inverse Junior Silver Miners ETF |
-0.17 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.97 |
|
First Trust RBA American Industrial Renaissance ETF |
0.93 |
|
iShares MSCI Global Multifactor ETF |
0.92 |
|
LeaderShares Activist Leaders ETF |
0.91 |
|
Adaptive Alpha Opportunities ETF |
0.91 |
|
First Trust Active Factor Large Cap ETF |
0.86 |
|
American Conservative Values ETF |
0.85 |
|
AI Powered Equity ETF |
0.77 |
|
iShares MSCI ACWI ETF |
0.82 |
|
S&P 500 |
0.8 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
FRP Holdings, Inc. |
-0.24 |
|
Arrow Financial Corporation |
-0.23 |
|
Constellation Energy Corporation |
-0.23 |
|
MFS High Income Municipal Trust |
-0.22 |
|
Global Blockchain Acquisition Corp. |
-0.22 |
|
iShares MSCI New Zealand ETF |
-0.22 |
|
Codorus Valley Bancorp, Inc. |
-0.21 |
|
Clearway Energy, Inc. |
-0.21 |
|
Covetrus, Inc. |
-0.21 |
|
Clearway Energy, Inc. |
-0.2 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.91 |
|
LeaderShares Activist Leaders ETF |
0.89 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.89 |
|
First Trust Active Factor Large Cap ETF |
0.86 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
|
American Conservative Values ETF |
0.85 |
|
iShares MSCI Global Multifactor ETF |
0.84 |
|
American Customer Satisfaction ETF |
0.83 |
|
ALPHA INTELLIGENT - LARGE CAP GROWTH ETF |
0.82 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
FRP Holdings, Inc. |
-0.24 |
|
Arrow Financial Corporation |
-0.23 |
|
Constellation Energy Corporation |
-0.23 |
|
MFS High Income Municipal Trust |
-0.22 |
|
Global Blockchain Acquisition Corp. |
-0.22 |
|
iShares MSCI New Zealand ETF |
-0.22 |
|
Codorus Valley Bancorp, Inc. |
-0.21 |
|
Clearway Energy, Inc. |
-0.21 |
|
Covetrus, Inc. |
-0.21 |
|
Clearway Energy, Inc. |
-0.2 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.91 |
|
LeaderShares Activist Leaders ETF |
0.89 |
|
Adaptive Alpha Opportunities ETF |
0.89 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.89 |
|
First Trust Active Factor Large Cap ETF |
0.86 |
|
First Trust RBA American Industrial Renaissance ETF |
0.85 |
|
American Conservative Values ETF |
0.85 |
|
iShares MSCI Global Multifactor ETF |
0.84 |
|
American Customer Satisfaction ETF |
0.83 |
|
ALPHA INTELLIGENT - LARGE CAP GROWTH ETF |
0.82 |
Profile
- Sector:
- Small 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 small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.