Key stats
About First Trust Nasdaq Lux Digital Health Solutions ETF
Home page
Inception date
Mar 22, 2022
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
US33719L1061
EKG is passively managed to hold stocks and depositary receipts of companies around the globe that enable the digitization of healthcare. Digital health companies include those that develop, commercialize, or participate in technologies related to medical and surgical devices, clinical diagnostics, healthcare-related business/productivity software, and other digitally enabled healthcare technologies. To be included in the index at each semi-annual reconstitution, a company must have an annual revenue growth of at least 10% in each of its two preceding fiscal years. And to maintain index inclusion, companies must meet a minimum of 7% revenue growth in one of the two preceding years and a market capitalization of at least $50 billion. The index uses a market-cap-weighting scheme that caps the weights of the top five securities at 8% and the remaining securities at 4%.
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
Health Technology
Health Services
Technology Services
Stocks99.99%
Health Technology70.53%
Health Services14.20%
Technology Services13.67%
Finance0.97%
Commercial Services0.62%
Bonds, Cash & Other0.01%
Cash0.01%
Stock breakdown by region
North America94.79%
Europe4.72%
Latin America0.49%
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
EKG invests in stocks. The fund's major sectors are Health Technology, with 70.53% stocks, and Health Services, with 14.20% of the basket. The assets are mostly located in the North America region.
EKG top holdings are Veeva Systems Inc Class A and ResMed Inc., occupying 9.69% and 9.32% of the portfolio correspondingly.
EKG assets under management is 2.61 M USD. It's fallen 23.51% over the last month.
EKG fund flows account for −13.90 K 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.
No, EKG doesn't pay dividends to its holders.
EKG shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Mar 22, 2022, and its management style is Passive.
EKG expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
EKG follows the NASDAQ Lux Health Tech Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EKG invests in stocks.
EKG price has risen by 1.12% over the last month, and its yearly performance shows a 3.37% increase. See more dynamics on EKG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.88% over the last month, have fallen by −1.88% over the last month, showed a 2.02% increase in three-month performance and has increased by 5.04% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.88% over the last month, have fallen by −1.88% over the last month, showed a 2.02% increase in three-month performance and has increased by 5.04% in a year.
EKG trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.