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About First Trust Expanded Technology ETF
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Inception date
Jun 14, 2021
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
First Trust Portfolios LP
Distributor
First Trust Portfolios LP
XPND aims to provide an expanded tech exposure in the US large-cap segment. Aside from holding conventional technology stocks, the fund may also include tech-dependent companies that are classified as communication services or consumer discretionary (particularly internet & direct marketing retail) under GICS. XPND holds approximately 50 companies that are selected using a quantitative model, which considers factors such as return on equity, momentum and free cash flow growth. The resulting portfolio is generally market-cap-weighted with weights typically ranging from 0.25% to 4.50%. Since XPND is actively managed, the fund adviser has the discretion to adjust portfolio weights and exclude certain securities. The portfolio is reconstituted and rebalanced quarterly.
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
Technology Services
Electronic Technology
Commercial Services
Stocks99.77%
Technology Services40.12%
Electronic Technology31.36%
Commercial Services11.56%
Producer Manufacturing5.15%
Consumer Services5.15%
Communications4.07%
Finance2.37%
Bonds, Cash & Other0.23%
Mutual fund0.23%
Cash0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history