First Trustconfluence Small Fund Quote

FOVIX Fund  USD 26.85  0.08  0.30%   

Performance

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Odds Of Distress

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First Trust/confluence is trading at 26.85 as of the 8th of November 2025; that is 0.30 percent increase since the beginning of the trading day. The fund's open price was 26.77. First Trust/confluence has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 10th of August 2025 and ending today, the 8th of November 2025. Click here to learn more.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in equity securities of U.S. listed companies with small market capitalizations at the time of investment. Currently, a company will be considered to be a Small-Cap Company if its market capitalization at the time of purchase is within the range of companies in the Russell 2000 Index or the SP SmallCap 600 Index during the most recent 12-month period .. More on First Trustconfluence Small

Moving against First Mutual Fund

  0.79VARAX Vivaldi Merger ArbitragePairCorr
  0.78VARCX First Trust MergerPairCorr
  0.77VARBX Vivaldi Merger ArbitragePairCorr
  0.63FTMAX Franklin TempletonPairCorr
  0.61CWAIX First Trust ManagedPairCorr
  0.61FTMCX First Trust MultiPairCorr

First Mutual Fund Highlights

Fund ConcentrationFirst Trust Funds, Large Funds, Small Blend Funds, Small Blend, First Trust (View all Sectors)
Update Date30th of September 2025
First Trustconfluence Small [FOVIX] is traded in USA and was established 8th of November 2025. First Trust/confluence is listed under First Trust category by Fama And French industry classification. The fund is listed under Small Blend category and is part of First Trust family. This fund currently has accumulated 23.93 M in assets under management (AUM) with minimum initial investment of 1000 K. First Trust/confluence is currently producing year-to-date (YTD) return of 2.79%, while the total return for the last 3 years was 1.43%.
Check First Trust/confluence Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trustconfluence Small Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top First Trustconfluence Small Mutual Fund Constituents

RYNRayonierStockReal Estate
NWNNorthwest Natural GasStockUtilities
FAROFARO TechnologiesStockInformation Technology
MOVMovado GroupStockConsumer Discretionary
GOODGladstone CommercialStockReal Estate
BMRCBank of MarinStockFinancials
VBTXVeritex HoldingsStockFinancials
CLBCore Laboratories NVStockEnergy
More Details

First Trust/confluence Risk Profiles

First Trust/confluence Against Markets

Other Information on Investing in First Mutual Fund

First Trust/confluence financial ratios help investors to determine whether First Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trust/confluence security.
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