First Trust Nasdaq Bank ETFFirst Trust Nasdaq Bank ETFFirst Trust Nasdaq Bank ETF

First Trust Nasdaq Bank ETF

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Key stats

Assets under management (AUM)
‪110.94 M‬USD
Fund flows (1Y)
‪−63.52 M‬USD
Dividend yield (indicated)
2.90%
Discount/Premium to NAV
0.8%

About First Trust Nasdaq Bank ETF

Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.60%
Inception date
Sep 20, 2016
Index tracked
NASDAQ US Banks Index
Management style
Passive
FTXO invests in liquid US banking companies, ranked and weighted by their volatility, value, and growth factors. The fund selects the 30 most liquid banking stocks, including companies involved in financial services, retail banking, loans, and transactions. These stocks are ranked based on their trailing one-year volatility, cash flow to price, and their average three-, six-, nine-, and twelve-month price returns, and weighted according to their respective scores. No single constituent can hold more than 8% of the total holdings. The index undergoes annual reconstitution and quarterly rebalance.

Classification

Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Banks
Strategy
Multi-factor
Weighting scheme
Multi-factor
Selection criteria
Liquidity

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 3, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Stocks99.91%
Finance99.91%
Bonds, Cash & Other0.09%
Cash0.09%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows