First Trust India Nifty 50 Equal Weight ETF chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/A$ (N/A)
Beta N/A
Market capitalization N/A
Operating cash flow N/A
ESG Scores unknown

Company description

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to First Trust India Nifty 50 Equal Weight ETF:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to First Trust India Nifty 50 Equal Weight ETF. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on First Trust India Nifty 50 Equal Weight ETF

Here is the result of two systematic investment strategies applied to First Trust India Nifty 50 Equal Weight ETF. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on First Trust India Nifty 50 Equal Weight ETF

The following chart shows the equity curve of the two systematic investment strategies applied to First Trust India Nifty 50 Equal Weight ETF:

First Trust India Nifty 50 Equal Weight ETF automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 40.9% on the backtest period.

Performance at glance

Performance

40.9 %

Latent gain

727.33 $

Invested capital

1778.17 $

Annualized return

11.36 %
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Momentum strategy results on First Trust India Nifty 50 Equal Weight ETF

This is the result of two momentum investment strategies applied to First Trust India Nifty 50 Equal Weight ETF. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on First Trust India Nifty 50 Equal Weight ETF

The following chart shows all the entries opened by the momentum investment system on First Trust India Nifty 50 Equal Weight ETF:

First Trust India Nifty 50 Equal Weight ETF momentum entries
  • The first momentum investment strategy would give 42.33% of return on First Trust India Nifty 50 Equal Weight ETF. That represents 2026.95$ of latent gain with 4788.01$ of employed capital.
  • The second momentum investment strategy would give 43.96% of return on First Trust India Nifty 50 Equal Weight ETF. That represents 1315.85$ of latent gain with 2993.61$ of employed capital.
Performance at glance (1Q Momentum)

Performance

42.33 %

Latent gain

2026.95 $

Invested capital

4788.01 $

Annualized return

16.37 %
Performance at glance (2Q Momentum)

Performance

43.96 %

Latent gain

1315.85 $

Invested capital

2993.61 $

Annualized return

14.09 %

Momentum equity curve on First Trust India Nifty 50 Equal Weight ETF

The following chart shows the equity curve of the two momentum strategies applied to First Trust India Nifty 50 Equal Weight ETF:

First Trust India Nifty 50 Equal Weight ETF momentum equity

Note: the dividends potentially given by First Trust India Nifty 50 Equal Weight ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on First Trust India Nifty 50 Equal Weight ETF

The following chart shows the employed capital evolution of the two momentum strategies on First Trust India Nifty 50 Equal Weight ETF since the beginning:

First Trust India Nifty 50 Equal Weight ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on First Trust India Nifty 50 Equal Weight ETF

Buy the dip entry openings on First Trust India Nifty 50 Equal Weight ETF

First Trust India Nifty 50 Equal Weight ETF

The performance achieved by the robo-advisor on First Trust India Nifty 50 Equal Weight ETF is 26.19%. That represents 135.2$ of latent gain with 516.23$ of employed capital. The following chart shows First Trust India Nifty 50 Equal Weight ETF stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of First Trust India Nifty 50 Equal Weight ETF, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

26.19 %

Latent gain

135.2 $

Invested capital

516.23 $

Annualized return

16.37 %

Equity curve of the strategy applied to First Trust India Nifty 50 Equal Weight ETF

The following chart shows the result of the investment strategy applied to First Trust India Nifty 50 Equal Weight ETF:

First Trust India Nifty 50 Equal Weight ETF

Note: the dividends potentially given by First Trust India Nifty 50 Equal Weight ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on First Trust India Nifty 50 Equal Weight ETF

The following chart shows the employed capital evolution since the beginning of the investment strategy on First Trust India Nifty 50 Equal Weight ETF:

First Trust India Nifty 50 Equal Weight ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on First Trust India Nifty 50 Equal Weight ETF

In this section, I will compare the three previous investment strategies applied to First Trust India Nifty 50 Equal Weight ETF.

Equity curve comparison on First Trust India Nifty 50 Equal Weight ETF

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

First Trust India Nifty 50 Equal Weight ETF investment strategy comparison

Employed capital comparison on First Trust India Nifty 50 Equal Weight ETF

First Trust India Nifty 50 Equal Weight ETF investment comparison

Performance comparison on First Trust India Nifty 50 Equal Weight ETF

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 40.9% 727.33$ 1778.17$ 11.36%
Momentum 1 quarter 42.33% 2026.95$ 4788.01$ 12.6%
Momentum 2 quarters 43.96% 1315.85$ 2993.61$ 14.09%
Non-directional 26.19% 135.2$ 516.23$ 16.37%
Annualized return comparison

Automatic investment

11.36 %

Momentum 1Q

14.09 %

Momentum 2Q

14.09 %

Non-directional

16.37 %

Correlated stocks

Here are the most positively and negatively correlated stocks with First Trust India Nifty 50 Equal Weight ETF:

Note: The algorithm computes the probability of correlation between First Trust India Nifty 50 Equal Weight ETF and the other stocks. There may be false positives or some missing correlated stocks. If the price of First Trust India Nifty 50 Equal Weight ETF does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name First Trust India Nifty 50 Equal Weight ETF
Country
City
Address
Phone
Website
FullTime employees
Industry
Sector
Exchange XNAS
Ticker NFTY
Market www.nasdaq.com

First Trust India Nifty 50 Equal Weight ETF ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown