Peek Under The Hood: FCFY Has 10% Upside

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $27.20 per unit.