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  • ETF
  • FBZ
    Pricing Data
    $14.83
    Change: $0.05 (-0.0%)
    Time: 01/18/19
    Previous Close: $14.88
  • Category
  • Latin America Equities
  • ESG Score
Last Updated:

Profile

Vitals

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $10.28
  • 52 Week Hi: $15.49
  • AUM: $128.5 M
  • Shares: 8.7 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 39,786
  • 3 Month Avg. Volume: 290,222

Alternative ETFs in the Latin America Equities Category

Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLBR 0.19% $21.5 M 11,079 13.59%
Largest (AUM) EWZ 0.59% $8,852.1 M 28,872,728 13.09%
Most Liquid (Volume) EWZ 0.59% $8,852.1 M 28,872,728 13.09%
Top YTD Performer FLBR 0.19% $21.5 M 11,079 13.59%

Analyst Report

This ETF offers investors the chance to buy into the Brazilian equity market, making FBZ one of a handful of products offering exposure to one of the world's largest and most strategically important emerging markets. FBZ could potentially be included in a long-term portfolio, though the inclusion of Brazilian equities in most broad based emerging market or Latin America ETFs may result in duplication of exposure. This ETF might be most useful for investors with a bullish outlook on Brazil's stock market looking to establish a tactical tilt towards the South American economy. FBZ is somewhat unique as a result of the methodology used to construct and maintain the underlying index; this ETF is part of the AlphaDEX suite from First Trust that seek to replicate "enhanced" indexes. Instead of simply owning the market, the index to which FBZ is linked employs a quant-based screen designed to identify stocks with the greatest potential for capital appreciation. In return for this enhanced strategy and chance to generate alpha, investors will pay a bit more; FBZ maintains an expense ratio that is a bit higher than other Brazil ETFs such as EWZ. If you believe the AlphaDEX methodology has the ability to generate excess returns over the long run, FBZ might be the preferred means of gaining exposure to Brazilian stock markets. Those who prefer to own the market and avoid more expensive quant-based techniques may prefer EWZ for large cap exposure or BRAZ for mid cap exposure (EWZS and BRF are available to those looking to bet on small caps). It should also be noted that the AlphaDEX methodology has a unique impact on the portfolio of FBZ compared to cap-weighted products such as EWZ; the AlphaDEX product avoids big concentrations in any one name, while the cap-weighted fund affords hefty weights to a couple of mega cap companies. As such, FBZ may offer more balanced exposure to the Brazilian economy and minimize the impact of any company-specific developments on the ETF's performance. Investors seeking broader exposure to Latin American stocks through the AlphaDEX methodology may want to take a look at FLN.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for FBZ on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Latin America Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

FBZ Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity C n/a
Expenses C n/a
Performance
Volatility
Dividend
Concentration

FBZ In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.

FBZ Holdings

Filings Data as of: Jan 18, 2019

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.

Number of Holdings
Rank: 9 of 13
50
Category Low HEWW (2)
Category High FLLA (154)
% Assets in Top 10
Rank: 1 of 13
32.46%
Category Low FBZ (32.46%)
Category High HEWW (100.00%)
% Assets in Top 15
Rank: 12 of 13
46.52%
Category Low EWZS (46.06%)
Category High HEWW (100.00%)
% Assets in Top 50
Rank: 3 of 13
100.00%
Category Low FLLA (74.85%)
Category High GXG (100.00%)

Asset Allocation

Asset Percentage
Common equity 63.87%
Preferred stock 36.13%

Sector Breakdown

Sector Percentage
Utilities 20.82%
Consumer, Cyclical 19.4%
Financials 12.54%
Basic Materials 10.71%
Consumer, Non-Cyclical 8.1%
Industrials 6.44%
Communications 6.4%
Energy 4.96%
Other 3.27%
Non-Equity 3.13%
Technology 2.18%
Healthcare 2.04%

Market Cap Breakdown

Market Cap Percentage
Small cap 38.75%
Large cap 32.72%
Mid cap 28.53%

Region Breakdown

Region Percentage
Latin America 92.19%
Europe 7.81%

Market Tier Breakdown

Region Percentage
Emerging Markets 92.19%
Developed Markets (ex-US) 7.81%

Country Breakdown

Country Percentage
Brazil 88.88%
Colombia 3.32%
Italy 3.23%
Spain 3.16%
Belgium 0.73%
France 0.69%

FBZ Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.

Expenses Ratio Analysis

ETF Average
0.545%
ETF Wtd. Average
0.21%
Category Average
0.48%
Expense Ratio
Rank: 13 of 13
0.80%
Category Low FLLA (0.19%)
Category High FBZ (0.80%)

Commission Free Trading

This ETF is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 5 other ETFs in the Latin America Equities ETFdb.com Category that are also eligible for commission free trading:

FBZ ESG Themes and Scores
  • 4.28/10
    ESG Score
  • 13.35%
    ESG Score Global Percentile (%)
  • 22.83%
    ESG Score Peer Percentile (%)
    • Revenue Exposure to Environmental Impact (%)

      Higher Improves ESG Score
    • Severe Environment Controversies (%)

      Lower Improves ESG Score
    • Sustainable Impact Solutions (%)
      3.46%

      Higher Improves ESG Score
    • Weighted Average Carbon Intensity (Tons of CO2e / $M Sales)
      436.91

      Lower Improves ESG Score
    • Fossil Fuel Reserves (%)

      Lower Improves ESG Score
    • High Impact Fossil Fuel Reserves (%)

      Lower Improves ESG Score
    • Water Stress High Risk Business Segment (%)

      Lower Improves ESG Score
    • Water Stress High Risk Geography (%)

      Lower Improves ESG Score
    • Water Stress Exposure Moderate (%)

      Lower Improves ESG Score
    • Water Stress Exposure High (%)

      Lower Improves ESG Score
    • Water Stress Exposure Low (%)

      Higher Improves ESG Score
    • Revenue Exposure to Energy Efficiency (%)

      Higher Improves ESG Score
    • Revenue Exposure to Alternative Energy (%)

      Higher Improves ESG Score
    • Revenue Exposure to Green Building (%)

      Higher Improves ESG Score
    • Revenue Exposure to Pollution Prevention (%)

      Higher Improves ESG Score
    • Revenue Exposure to Water Sustainability (%)

      Higher Improves ESG Score
    • Revenue Exposure to Social Impact (%)

      Higher Improves ESG Score
    • Sustainable Impact Solutions (%)
      3.46%

      Higher Improves ESG Score
    • SRI Exclusion Criteria (%)
      3.32%

      Higher Improves ESG Score
    • Revenue Exposure to Affordable Real Estate (%)

      Higher Improves ESG Score
    • Revenue Exposure to Education (%)

      Higher Improves ESG Score
    • Revenue Exposure to Major Disease Treatment (%)

      Higher Improves ESG Score
    • Revenue Exposure to Nutrition (%)

      Higher Improves ESG Score
    • Revenue Exposure to Sanitation (%)

      Higher Improves ESG Score
    • Revenue Exposure to SME Finance (%)

      Higher Improves ESG Score
    • Human Rights Norms Violation (%)

      Lower Improves ESG Score
    • Human Rights Norms Violation OR Watch List (%)

      Lower Improves ESG Score
    • Severe Human Rights Controversies (%)

      Lower Improves ESG Score
    • Labor Norms Violation (%)

      Lower Improves ESG Score
    • Labor Norms Violation OR Watch List (%)

      Lower Improves ESG Score
    • Severe Labor Controversies (%)

      Lower Improves ESG Score
    • Severe Customer Controversies (%)

      Lower Improves ESG Score
    • Global Compact Compliance Violation (%)

      Lower Improves ESG Score
    • Global Compact Compliance Violation OR Watch List (%)

      Lower Improves ESG Score
    • Catholic Values Fail (%)

      Lower Improves ESG Score
    • Islamic Non-Compliant (%)

      Lower Improves ESG Score
    • Adult Entertainment Involvement (%)

      Lower Improves ESG Score
    • Alcohol Involvement (%)

      Lower Improves ESG Score
    • Gambling Involvement (%)

      Lower Improves ESG Score
    • Nuclear Power Involvement (%)

      Lower Improves ESG Score
    • Tobacco Involvement (%)

      Lower Improves ESG Score
    • Weapons Involvement (%)

      Lower Improves ESG Score
    • Controversies Weapons Involvement (%)

      Lower Improves ESG Score
    • Civilian Firearms Involvement (%)

      Lower Improves ESG Score
    • Civilian Firearms Retailer (%)

      Lower Improves ESG Score
    • Civilian Firearms Producer (%)

      Lower Improves ESG Score
    • Direct Predatory Lending Involvement (%)

      Lower Improves ESG Score
    • Genetic Engineering Involvement (%)

      Lower Improves ESG Score
    • Severe Governance Controversies (%)

      Lower Improves ESG Score
    • Board Flag (%)

      Lower Improves ESG Score
    • Lack of Independent Board Majority (%)

      Lower Improves ESG Score
    • Board Independence (0-25%) (%)

      Lower Improves ESG Score
    • Board Independence (25-50%) (%)

      Lower Improves ESG Score
    • Board Independence (50-75%) (%)

      Higher Improves ESG Score
    • Board Independence (75-100%) (%)

      Higher Improves ESG Score
    • No Female Directors (%)

      Lower Improves ESG Score
    • Three OR More Female Directors (%)

      Higher Improves ESG Score
    • Females Represent 30% of Directors (%)

      Higher Improves ESG Score
    • Entrenched Board (%)

      Lower Improves ESG Score
    • Overboarding (%)

      Lower Improves ESG Score
    • Negative Director Votes (%)

      Lower Improves ESG Score
    • Ownership AND Control Flag (%)

      Lower Improves ESG Score
    • One Share One Vote (%)

      Lower Improves ESG Score
    • No Annual Director Elections (%)

      Lower Improves ESG Score
    • Does Not Use Majority Voting (%)

      Lower Improves ESG Score
    • Significant Votes Against Pay Practices (%)

      Lower Improves ESG Score
    • Controlling Shareholder (%)

      Lower Improves ESG Score
    • Controlling Shareholder Concerns (%)

      Lower Improves ESG Score
    • Cross Shareholdings (%)

      Lower Improves ESG Score
    • Poison Pill (%)

      Lower Improves ESG Score
    • Pay Flag (%)

      Lower Improves ESG Score
    • No Pay Performance Link (%)

      Lower Improves ESG Score
    • Lack of Internal Pay Equity (%)

      Lower Improves ESG Score
    • Executive Pay Non-Disclosure (%)

      Lower Improves ESG Score
    • Accounting Flag (%)

      Lower Improves ESG Score

FBZ Performance

This section shows how this ETF has performed relative to its peer group ETFdb.com Category.

1 Week Return
Rank: 13 of 13
0.14%
Category Low FBZ (0.14%)
Category High FLMX (2.05%)
4 Week Return
Rank: 8 of 13
14.16%
Category Low HEWW (5.50%)
Category High FLBR (16.97%)
13 Week Return
Rank: 2 of 12
14.96%
Category Low HEWW (-6.66%)
Category High EWZS (18.36%)
26 Week Return
Rank: 3 of 11
22.80%
Category Low ICOL (-16.80%)
Category High FLBR (23.48%)
Year to Date Return
Rank: 4 of 13
12.01%
Category Low HEWW (5.60%)
Category High FLBR (13.59%)
1 Year Return
Rank: 1 of 11
3.22%
Category Low ICOL (-17.03%)
Category High FBZ (3.22%)
3 Year Return
Rank: 4 of 9
147.34%
Category Low HEWW (-7.70%)
Category High EWZS (200.05%)
5 Year Return
Rank: 3 of 8
8.10%
Category Low ICOL (-44.76%)
Category High EWZ (16.76%)

FBZ Fund Flows

This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.

1 Week Fund Flow
Rank: N/A
No Ranking Available
Category Low GXG (‑$1.7 M)
Category High EWW ($98.4 M)
4 Week Fund Flow
Rank: 6 of 7
‑$9.8 M
Category Low ILF (‑$14.7 M)
Category High EWZ ($145.7 M)
13 Week Fund Flow
Rank: 3 of 11
$110.9 M
Category Low ILF (‑$156.4 M)
Category High EWZ ($1,452.3 M)
26 Week Fund Flow
Rank: 2 of 11
$110.5 M
Category Low ILF (‑$216.1 M)
Category High EWZ ($633.2 M)
Year to Date Fund Flow
Rank: 7 of 7
‑$13.7 M
Category Low FBZ (‑$13.7 M)
Category High EWZ ($145.7 M)
1 Year Fund Flow
Rank: 3 of 12
$110.5 M
Category Low ILF (‑$164.4 M)
Category High EWZ ($955.6 M)
3 Year Fund Flow
Rank: 3 of 12
$108.3 M
Category Low EWW (‑$43.0 M)
Category High EWZ ($4,397.3 M)
5 Year Fund Flow
Rank: 3 of 12
$107.1 M
Category Low EWW (‑$914.3 M)
Category High EWZ ($4,348.5 M)

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Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of FBZ relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

FBZ Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.

P/E Ratio
Rank: 2 of 12
10.94
Category Low BRF (1.71)
Category High FLMX (18.67)

FBZ Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.

Dividend
$0.18
Dividend Date
2018-12-18
Annual Dividend Rate
$1.65
Annual Dividend Yield
Rank: 1 of 13
11.18%
Category Low PACA (0.40%)
Category High FBZ (11.18%)

FBZ Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

5 Day Volatility
Rank: 8 of 13
111.51%
Category Low HEWW (1.34%)
Category High EWZS (256.75%)
20 Day Volatility
Rank: 5 of 13
23.60%
Category Low HEWW (11.42%)
Category High FLBR (26.47%)
50 Day Volatility
Rank: 7 of 11
26.78%
Category Low ICOL (22.16%)
Category High FLMX (30.01%)
200 Day Volatility
Rank: 4 of 11
31.93%
Category Low ICOL (19.79%)
Category High EWZ (35.58%)
Beta
Rank: 2 of 11
1.49
Category Low FLBR (-4.72)
Category High FLMX (3.94)
Standard Deviation
Rank: 7 of 10
1.41%
Category Low GXG (0.85%)
Category High EWZ (4.37%)

Technicals

  • 20 Day MA: $14.03
  • 60 Day MA: $13.54
  • MACD 15 Period: 0.45
  • MACD 100 Period: 2.09
  • Williams % Range 10 Day: 17.44
  • Williams % Range 20 Day: 6.55
  • RSI 10 Day: 73
  • RSI 20 Day: 66
  • RSI 30 Day: 63
  • Ultimate Oscillator: 59

Bollinger Brands

  • Lower Bollinger (10 Day): $14.26
  • Upper Bollinger (10 Day): $15.06
  • Lower Bollinger (20 Day): $12.52
  • Upper Bollinger (20 Day): $15.51
  • Lower Bollinger (30 Day): $12.26
  • Upper Bollinger (30 Day): $15.20

Support & Resistance

  • Support Level 1: $14.75
  • Support Level 2: $14.66
  • Resistance Level 1: $14.95
  • Resistance Level 2: $15.06

Stochastic

  • Stochastic Oscillator %D (1 Day): 51.22
  • Stochastic Oscillator %D (5 Day): 67.93
  • Stochastic Oscillator %K (1 Day): 54.95
  • Stochastic Oscillator %K (5 Day): 72.57

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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