The International Developed Capital Strength Index seeks to provide exposure to well-capitalized companies in the developed markets outside of the US with strong market positions that have the potential to provide their stockholders with a greater degree of stability and performance over time. The companies are screened for strong balance sheets, a high degree of liquidity, the ability to generate earnings growth, and a record of financial strength and profit growth. The Index is comprised of 50 securities selected objectively based on cash and short term investments, long term debt to market cap ratio, return on capital, and volatility.
The Index began on April 6, 2020 at a base value of 1000.
|First Trust International Developed Capital Strength ETF||FICS||First Trust Portfolios L.P.|