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FTXG / FTXG: Can A Strategy Change Save This Struggling Food And Beverage ETF?

FTXG: Can A Strategy Change Save This Struggling Food And Beverage ETF?
FTXG selects 30-50 U.S. food and beverage securities based on gross income, return on assets, and price momentum. These screens went into effect on March 20, 2023. A change in strategy was necessary because FTXG was the worst-performing Consumer Staples ETF since its inception in September 2016. FTXG only marginally outperformed PBJ, another multi-factor ETF. The new focus on profitability should result in better and more consistent long-term returns. In addition, removing the volatility screen was crucial, as Consumer Staples stocks are already fairly defensive. Read More
Posted: Jun 8 2023, 08:34
Author Name: Seeking Alpha
Views: 092120

FTXG News  

Should You Invest in the First Trust NASDAQ Food & Beverage ETF (FTXG)?

By Zacks Investment Research
September 12, 2023

Should You Invest in the First Trust NASDAQ Food & Beverage ETF (FTXG)?

If you're interested in broad exposure to the Consumer Staples - Food & Beverage segment of the equity market, look no further than the First Trust NA more_horizontal

Is First Trust NASDAQ Food & Beverage ETF (FTXG) a Strong ETF Right Now?

By Zacks Investment Research
July 17, 2023

Is First Trust NASDAQ Food & Beverage ETF (FTXG) a Strong ETF Right Now?

The First Trust NASDAQ Food & Beverage ETF (FTXG) made its debut on 09/20/2016, and is a smart beta exchange traded fund that provides broad exposure more_horizontal

5 ETFs to Gain as Inflation Drops to a 2-Year Low

By Zacks Investment Research
July 13, 2023

5 ETFs to Gain as Inflation Drops to a 2-Year Low

The Consumer Price Index rose 3% year over year, marking the lowest rate since early 2021, and 0.2% over the last month. more_horizontal

Should You Invest in the First Trust NASDAQ Food & Beverage ETF (FTXG)?

By Zacks Investment Research
July 12, 2023

Should You Invest in the First Trust NASDAQ Food & Beverage ETF (FTXG)?

If you're interested in broad exposure to the Consumer Staples - Food & Beverage segment of the equity market, look no further than the First Trust NA more_horizontal

What Lies Ahead of Chocolate ETFs Amid 7-Year High Cocoa Prices?

By Zacks Investment Research
June 15, 2023

5 ETF Zones to Benefit as Inflation Drops to 4% in May

By Zacks Investment Research
June 14, 2023

5 ETF Zones to Benefit as Inflation Drops to 4% in May

Easing inflation indicates that the economy is stabilizing and interest rates may be declining. In such an environment, some sectors tend to perform b more_horizontal

FTXG: Can A Strategy Change Save This Struggling Food And Beverage ETF?

By Seeking Alpha
June 8, 2023

FTXG: Can A Strategy Change Save This Struggling Food And Beverage ETF?

FTXG selects 30-50 U.S. food and beverage securities based on gross income, return on assets, and price momentum. These screens went into effect on Ma more_horizontal

Is First Trust NASDAQ Food & Beverage ETF (FTXG) a Strong ETF Right Now?

By Zacks Investment Research
May 17, 2023

Is First Trust NASDAQ Food & Beverage ETF (FTXG) a Strong ETF Right Now?

The First Trust NASDAQ Food & Beverage ETF (FTXG) made its debut on 09/20/2016, and is a smart beta exchange traded fund that provides broad exposure more_horizontal


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