Key stats
About First Trust New Constructs Core Earnings Leaders ETF
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Inception date
Oct 2, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33738R5972
FTCE is designed to provide exposure to US stocks of companies that have high earnings quality. It tracks an index comprised of the top companies from the Bloomberg US 1000 as measured by an earnings capture metric. The fund, rather than using a company's reported earnings alone, also utilizes core earnings to determine a companys earnings capture. The selection process begins with identifying the top 30% of securities within each of the 11 sectors of the B1000 index. The top 3 companies by issuer free float market-cap in each sector are included in the index. The remaining eligible securities are sorted by issuer free float market-cap with the largest selected until a total of 100 securities comprise the index. Holdings are then weighted using issuer free float market-cap, with 4.5% individual capping. The index is reconstituted and rebalanced on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.95%
Electronic Technology27.54%
Technology Services23.55%
Finance12.60%
Health Technology9.06%
Consumer Durables7.04%
Consumer Services5.28%
Consumer Non-Durables4.84%
Utilities2.29%
Commercial Services2.15%
Industrial Services1.57%
Process Industries1.38%
Non-Energy Minerals1.04%
Energy Minerals0.83%
Transportation0.47%
Producer Manufacturing0.30%
Bonds, Cash & Other0.05%
Cash0.05%
Stock breakdown by region
North America95.13%
Europe4.87%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTCE invests in stocks. The fund's major sectors are Electronic Technology, with 27.54% stocks, and Technology Services, with 23.55% of the basket. The assets are mostly located in the North America region.
FTCE top holdings are AppLovin Corp. Class A and General Motors Company, occupying 6.15% and 5.01% of the portfolio correspondingly.
FTCE last dividends amounted to 0.11 USD. The quarter before, the issuer paid 0.06 USD in dividends, which shows a 42.04% increase.
FTCE assets under management is 49.61 M USD. It's risen 4.63% over the last month.
FTCE fund flows account for 42.95 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FTCE pays dividends to its holders with the dividend yield of 1.26%. The last dividend (Jun 30, 2025) amounted to 0.11 USD. The dividends are paid quarterly.
FTCE shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Oct 2, 2024, and its management style is Passive.
FTCE expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
FTCE follows the Bloomberg New Constructs Core Earnings Leaders Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTCE invests in stocks.
FTCE price has risen by 5.39% over the last month, and its yearly performance shows a 20.07% increase. See more dynamics on FTCE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.64% over the last month, showed a 12.57% increase in three-month performance and has increased by 20.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.64% over the last month, showed a 12.57% increase in three-month performance and has increased by 20.41% in a year.
FTCE trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.