|Bid||49.39 x 2200|
|Ask||49.57 x 2200|
|Day's Range||49.04 - 49.57|
|52 Week Range||39.56 - 49.89|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||3.19%|
|Beta (5Y Monthly)||1.17|
|Expense Ratio (net)||0.70%|
Small-cap ETFs have been beating the S&P 500 this year, thanks to a more compelling valuation, decent U.s. economic growth momentum, a dovish Fed and easing trade tensions.
First Trust Advisors L.P. (“First Trust”), a global ETF provider and asset manager, announced today that it has cross-listed five additional ETFs on the Mexican stock exchange, Bolsa Mexicana de Valores (BMV). As many institutional investors seek to invest within Mexico, First Trust is pleased to expand its offerings of ETFs, bringing the total number of cross-listed ETFs to 59.
In the ongoing bull market rally, growth stocks and related exchange traded funds have been outperforming the value style as investors chase after higher returns. Looking at the growth style, mid-cap growth has stood out this year, with the iShares Morningstar Mid Growth ETF(JKH) up 31.9%, iShares Russell Midcap Growth ETF (IWP) up 28.5%, First Trust Mid Cap Growth AlphaDEX Fund (FNY) up 27.9% and Vanguard Mid-Cap Growth (VOT) up 27.2% year-to-date. In comparison, the Vanguard Value Index Fund ETF Shares (VTV) , the largest listed value-focused ETF by assets, rose 15.6% so far this year.