FTRI: FIRST TRUST INDXX GLOBAL NATURAL RESOURCES INCOME ETF
FTRI: First Trust Indxx Global Natural Resources Income ETF
What this ETF is trying to do
The First Trust Indxx Global Natural Resources Income ETF (FTRI) is designed to provide exposure to the natural resources sector. It focuses on companies involved in areas like mining, energy, and utilities. The fund aims to provide income to its investors through regular cash distributions.
What the numbers show
When looking at FTRI, it is important to understand the difference between "price return" and "total return." Price return only tracks how much the share price changes. Total return includes both the price change and the extra money earned from distributions.
Based on the supplied data:
• Year-to-Date (YTD): The price return is approximately 7.33%, while the total return is approximately 8.88%.
• One-Year: The price return was approximately 9.68%, and the total return was approximately 12.07%.
• Three-Year: The price return was approximately 37.98%, and the total return was approximately 52.34%.
• Five-Year: The total return over five years was approximately 63.99%.
An estimated price from roughly one year ago was $15.33, compared to the current price of $16.82.
Income and distribution explanation
FTRI provides cash to investors through distributions. The current distribution yield is approximately 2.10%. This means the annual cash payments represent about 2.10% of the current share price. The fund usually pays these distributions on a quarterly basis, with 4 payments recorded over the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price movement, the fund has an erosion-risk score of 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are the top holdings in the portfolio (note that this is a partial list):
• Barrick Mining Corp (9.35%)
• TotalEnergies SE (9.34%)
• E.ON SE (7.47%)
• Anglogold Ashanti PLC (6.16%)
• Nutrien Ltd (4.96%)
• Veolia Environnement SA (4.71%)
• Gold Fields Ltd ADR (4.20%)
• American Water Works Co Inc (3.95%)
• Zijin Mining Group Co Ltd Class H (3.74%)
• Axia Energia ADR (3.63%)
Pros
• The fund has shown positive price returns and total returns over the one-year, three-year, and five-year periods.
• The erosion-risk score suggests no significant price erosion has been detected.
Cons
• The distribution yield is 2.10%, which may be lower than what some income-focused investors seek.
• The fund's performance is tied to the natural resources sector, which can be volatile.
Beginner takeaway
FTRI is an ETF that invests in global natural resources. It offers both share-price growth and cash distributions. When researching, remember that the total return is a more complete picture of performance than the price return alone because it includes the income paid out to you.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | BARRICK MINING CORP | n/a | 9.35% |
| 2 | TOTALENERGIES SE | TTE:XPAR | 9.34% |
| 3 | E.ON SE | n/a | 7.47% |
| 4 | ANGLOGOLD ASHANTI PLC | AU | 6.16% |
| 5 | NUTRIEN LTD | n/a | 4.96% |
| 6 | VEOLIA ENVIRONNEMENT SA | n/a | 4.71% |
| 7 | GOLD FIELDS LTD ADR | GFI | 4.20% |
| 8 | AMERICAN WATER WORKS CO INC | AWK | 3.95% |
| 9 | ZIJIN MINING GROUP CO LTD CLASS H | n/a | 3.74% |
| 10 | AXIA ENERGIA ADR | AXIA | 3.63% |