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First Trust Exchange-Traded Fund II (FTHF)Overvalued or undervalued?
Look-through valuation · Global · Expense ratio 0.75 % · ISIN US33734X7479
Price history (since 2023)
Monthly close since 2023. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| SK Hynix Inc 000660 | 14.8 % | +10.0 % | 68 |
| Samsung Electronics Co Ltd SSNLF | 10.4 % | n/a | n/a |
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | 8.1 % | +10.0 % | 72 |
| Petróleo Brasileiro S.A. - Petrobras PETR4 | 5.6 % | n/a | n/a |
| MediaTek Inc 2454 | 3.6 % | −41.0 % | 79 |
| Itaú Unibanco Holding S.A ITUB4 | 2.8 % | −11.8 % | 61 |
| Gold Fields Ltd GFI | 2.6 % | −49.2 % | 75 |
| Anglo American Platinum Ltd AMS | 2.2 % | n/a | n/a |
| WEG S.A. WEGE3 | 1.8 % | n/a | n/a |
| Grupo Financiero Banorte S.A.B. de C.V GFNORTEO | 1.8 % | n/a | n/a |
| Delta Electronics Inc 2308 | 1.7 % | −76.9 % | 58 |
| Firstrand Ltd FSR | 1.7 % | −33.6 % | 45 |
| Powszechna Kasa Oszczednosci Bank Polski SA PKO | 1.6 % | −30.9 % | 53 |
| International Container Terminal Services Inc ICT | 1.5 % | −79.4 % | 63 |
| Capitec Bank Holdings Ltd CPI | 1.4 % | −78.2 % | 72 |
| Standard Bank Group Ltd SBK | 1.4 % | −17.2 % | 63 |
| Wal-Mart de México S.A.B. de C.V WALMEX | 1.3 % | n/a | n/a |
| Impala Platinum Holdings Ltd IMP | 1.2 % | n/a | n/a |
| KGHM Polska Miedz S.A. KGH | 1.2 % | −53.4 % | 59 |
| Companhia de Saneamento Básico do Estado de São Paulo - SABESP SBSP3 | 1.2 % | n/a | n/a |
| B3 S.A. - Brasil Bolsa Balcão B3SA3 | 1.0 % | −60.0 % | 63 |
| Grupo Cibest SA 0% PFCIBEST | 1.0 % | n/a | n/a |
| Itaúsa - Investimentos Itaú SA ITSA4 | 1.0 % | n/a | n/a |
| National Bank of Greece S.A ETE | 0.9 % | −12.4 % | 66 |
| United Microelectronics Corporation 2303 | 0.9 % | −53.0 % | 63 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 48 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +87.2 % below FV
- 2 FXI iShares China Large-Cap ETF +57.2 % below FV
- 3 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +43.7 % below FV
- 4 MCHI iShares MSCI China ETF +41.9 % below FV
- 5 ITB iShares U.S. Home Construction ETF +31.4 % below FV
- 6 TAN Invesco Solar ETF +26.0 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.4 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +19.3 % below FV
- 9 ESPO VanEck Video Gaming and eSports ETF +18.3 % below FV
- 10 XIDV Franklin International Dividend Booster Index ETF +17.9 % below FV
Frequently asked about FTHF
Is FTHF overvalued?
What is the fair value of FTHF?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of FTHF?
What is the expense ratio of FTHF?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust Exchange-Traded Fund II an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 25, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.