First Trust Bloomberg Shareholder Yield ETFFirst Trust Bloomberg Shareholder Yield ETFFirst Trust Bloomberg Shareholder Yield ETF

First Trust Bloomberg Shareholder Yield ETF

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Key stats


Assets under management (AUM)
‪17.15 M‬USD
Fund flows (1Y)
‪−4.21 M‬USD
Dividend yield (indicated)
1.32%
Discount/Premium to NAV
0.02%
Shares outstanding
‪400.00 K‬
Expense ratio
0.60%

About First Trust Bloomberg Shareholder Yield ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Jun 20, 2017
Structure
Open-Ended Fund
Index tracked
Bloomberg Shareholder Yield Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33738R7614
SHRY targets large- and mid-cap US companies that provide their shareholders with returns through dividends, buybacks, and debt paydown. The index excludes REITs and applies size and liquidity requirements, permitting only one security per issuer. Remaining securities are then screened to reflect and retain those with, over each of the trailing five years, positive free cash flow, positive total returned capital, and a ratio of the latter to the former (or Capacity) of under 150%. Securities must also have a shareholder yield of between 0.5% and 15% to be included. The top 50 securities by level of total returned capital are selected as final constituents and are weighted by their shareholder yield with 5% individual and 30% sector capping. The index is reconstituted and rebalanced quarterly. Prior to March 4, 2024, the fund was named First Trust Large Cap US Equity Select ETF with ticker RNLC and tracked the Nasdaq Riskalyze US Large Cap Index.

Broaden your horizons with more funds linked to SHRY via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Dividends
Geography
U.S.
Weighting scheme
Dividends
Selection criteria
Dividends
What's in the fund
Exposure type
StocksBonds, Cash & Other
Consumer Non-Durables
Finance
Electronic Technology
Stock breakdown by region
95%4%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SHRY trades at 42.98 USD today, its price has risen 0.16% in the past 24 hours. Track more dynamics on SHRY price chart.
SHRY net asset value is 42.98 today — it's risen 0.90% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SHRY assets under management is ‪17.15 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SHRY price has risen by 0.88% over the last month, and its yearly performance shows a 3.93% increase. See more dynamics on SHRY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.90% over the last month, showed a 0.59% increase in three-month performance and has increased by 5.99% in a year.
SHRY fund flows account for ‪−4.21 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SHRY invests in stocks. See more details in our Analysis section.
SHRY expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SHRY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SHRY technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SHRY shows the buy signal. See more of SHRY technicals for a more comprehensive analysis.
Yes, SHRY pays dividends to its holders with the dividend yield of 1.32%.
SHRY trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SHRY shares are issued by AJM Ventures LLC
SHRY follows the Bloomberg Shareholder Yield Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 20, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.