Key stats
About First Trust Exchange-Traded Fund VI First Trust New Constructs Core Earnings Leaders ETF
Expense ratio
0.60%
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Inception date
Oct 2, 2024
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
Stocks99.92%
Electronic Technology26.06%
Technology Services21.46%
Finance10.02%
Health Technology7.96%
Consumer Durables5.95%
Consumer Non-Durables5.21%
Commercial Services3.51%
Consumer Services3.28%
Energy Minerals3.10%
Health Services2.62%
Communications2.57%
Utilities2.39%
Producer Manufacturing1.83%
Transportation1.61%
Process Industries1.29%
Non-Energy Minerals0.63%
Industrial Services0.31%
Distribution Services0.14%
Bonds, Cash & Other0.08%
Cash0.08%
Stock breakdown by region
North America97.60%
Europe2.40%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history