First Trust Lunt U.S. Factor Rotation ETF (FCTR) Valuation
FCTR valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 1,083.8 trailing earnings
- Forward P/E
- 20.5 analyst estimates
- Price / sales
- 2.43
- Price / book
- 5.06
- EV / EBITDA
- 13.4
- Earnings yield
- 0.09% inverse of P/E
- Dividend yield
- 0.68% of the holdings
- Return on equity
- 0.5% combined
- Net margin
- 0.2% combined
- Beta
- 1.46 weighted, vs S&P 500
FCTR valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FCTR | 1,083.8 | 20.5 | 2.43 | 5.06 | 0.68% | 0.5% | 0.2% | 27.2% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
FCTR valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 51.5% | n/m | 24.9 | 5.57 | 7.72 | 0.29% | −7.1% |
| Healthcare | 13.1% | n/m | 23.8 | 1.79 | 7.03 | 0.18% | −15.3% |
| Energy | 7.0% | 18.4 | 11.1 | 1.43 | 2.52 | 1.74% | 13.7% |
| Industrials | 6.8% | 64.3 | 32.1 | 3.80 | 10.03 | 0.22% | 15.6% |
| Financial Services | 5.7% | 39.4 | 30.5 | 7.97 | 5.06 | 0.46% | 12.9% |
| Basic Materials | 4.9% | 69.7 | 11.9 | 1.07 | 2.24 | 2.18% | 3.2% |
| Consumer Cyclical | 3.5% | n/m | 13.9 | 0.69 | 1.83 | 2.96% | −8.3% |
| Communication Services | 2.8% | 20.7 | 12.9 | 1.23 | 4.83 | 0.00% | 23.4% |
| Real Estate | 2.2% | 35.7 | 28.9 | 3.50 | 3.11 | 2.93% | 8.7% |
| Utilities | 1.1% | 10.7 | 10.1 | 1.33 | 2.50 | 3.08% | 23.3% |
| Consumer Defensive | 1.0% | 23.7 | 11.2 | 0.29 | 1.36 | 2.89% | 5.7% |
FCTR earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How FCTR weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FCTR largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| CRWD | CrowdStrike Holdings, Inc. | 3.17% | — | 208.3 | 43.1 | — | 0.92% |
| NET | Cloudflare, Inc. | 2.19% | — | 178.6 | 42.0 | — | −4.28% |
| MRNA | Moderna, Inc. | 1.94% | — | 23.0 | 39.1 | — | −78.30% |
| DELL | Dell Technologies Inc. | 1.91% | 26.3 | 21.3 | 1.9 | 0.56% | 80.25% |
| SNOW | Snowflake Inc. | 1.87% | — | 169.5 | 19.9 | — | −21.39% |
| INTC | Intel Corporation | 1.84% | — | 63.3 | 8.3 | — | −47.86% |
| AXON | Axon Enterprise, Inc. | 1.83% | 161.9 | 58.1 | 9.8 | — | 12.48% |
| MSTR | MicroStrategy Incorporated | 1.71% | — | 6.8 | 116.3 | — | −1,302.57% |
| ON | ON Semiconductor Corporation | 1.64% | 46.5 | 16.5 | 4.5 | — | 38.86% |
| LITE | Lumentum Holdings Inc. | 1.61% | — | 42.9 | 24.8 | — | −199.55% |
| ROIV | Roivant Sciences Ltd. | 1.58% | — | — | 3,215.5 | — | −27.56% |
| OKTA | Okta, Inc. | 1.53% | 112.8 | 54.3 | 10.7 | — | 14.95% |
| RVMD | Revolution Medicines, Inc. | 1.52% | — | — | 9,035.1 | — | −83.62% |
| SNDK | Sandisk Corporation | 1.52% | 17.6 | 8.0 | 9.3 | — | 94.78% |
| MU | Micron Technology, Inc. | 1.48% | 11.8 | 7.0 | 7.5 | 0.07% | 137.89% |
| PANW | Palo Alto Networks, Inc. | 1.41% | 855.0 | 94.3 | 24.4 | — | 1.82% |
| MRVL | Marvell Technology, Inc. | 1.34% | 72.3 | 62.1 | 21.7 | 0.11% | 20.36% |
| CRCL | Circle Internet Group, Inc. | 1.24% | 56.3 | 74.6 | 7.2 | — | 24.36% |
| NTRA | Natera, Inc. | 1.23% | — | — | 20.9 | — | −4.64% |
| TWLO | Twilio Inc | 1.21% | 33.8 | 43.7 | 6.7 | — | 39.46% |
| GH | Guardant Health, Inc. | 1.21% | — | — | 18.0 | — | −29.32% |
| FTNT | Fortinet, Inc. | 1.15% | 59.8 | 45.0 | 16.5 | — | 21.16% |
| PLTR | Palantir Technologies Inc. | 1.13% | 160.4 | 85.5 | 72.6 | — | 7.80% |
| LRCX | Lam Research Corporation | 1.08% | 45.8 | 33.7 | 14.2 | 0.50% | 25.93% |
| MCHP | Microchip Technology Incorporated | 1.06% | 108.6 | 20.5 | 7.8 | 2.46% | 10.74% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About FCTR valuation
Adding up its 140 holdings with company data, FCTR trades at 1,083.8 times trailing earnings and 20.5 times analysts' forward estimates, with a price-to-book ratio of 5.06 and a dividend yield of 0.68%. Its earnings yield of 0.09% is 5.24 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 19.7% of the fund and earn −1,521.4% of its combined profit. By sector, Basic Materials is the most expensive at 69.7 times earnings and Utilities the cheapest at 10.7. Companies that lost money over the past year are 27.2% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FCTR chart, FCTR performance, FCTR holdings, FCTR dividends.
FCTR valuation FAQ
What is the P/E ratio of FCTR?
Based on its holdings, FCTR has a trailing P/E of 1,083.8 and a forward P/E of 20.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FCTR?
The trailing earnings yield is 0.09% (1 ÷ P/E) and the forward earnings yield 4.87%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FCTR more expensive than the S&P 500?
FCTR trades at 1,083.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 20.5 and 19.9.
What is the price-to-book ratio of FCTR?
The holdings of FCTR trade at 5.06 times book value, with a combined return on equity of 0.5%.
Which sector in FCTR has the highest P/E?
Basic Materials has the highest P/E at 69.7 and Utilities the lowest at 10.7.