Key stats
About First Trust Nasdaq Lux Digital Health Solutions ETF
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Inception date
Mar 22, 2022
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 Advisors LP
Distributor
First Trust Portfolios LP
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
Technology Services
Stocks99.85%
Health Technology71.58%
Technology Services11.55%
Health Services9.28%
Commercial Services6.49%
Finance0.95%
Bonds, Cash & Other0.15%
Cash0.15%
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