Latest ROE for First Trust Exchange - Traded Fund II - First Trust Indxx Critical Metals ETF: -147.92% — see history and peer comparisons.
Get informed when a big investor buys or sells
+ Follow-147.92%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
First Trust Exchange - Traded Fund II - First Trust Indxx Critical Metals ETF posts a ROE of -147.92%. That is below the sector sector average of 11.64%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For its sector stocks, a ROE near 11.64% is typical. First Trust Exchange - Traded Fund II - First Trust Indxx Critical Metals ETF's -147.92% is lower that level. That is roughly 1371.1% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
First Trust Exchange - Traded Fund II - First Trust Indxx Critical Metals ETF's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -147.92%; use YoY and peer views to separate noise from signal.
Context for FMTL's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 11.64%), and (3) consistency with growth and profitability. This page covers the first two; First Trust Exchange - Traded Fund II - First Trust Indxx Critical Metals ETF's other metric pages and overview cover the third.