First Trust Nasdaq Bank ETFFirst Trust Nasdaq Bank ETFFirst Trust Nasdaq Bank ETF

First Trust Nasdaq Bank ETF

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Key stats


Assets under management (AUM)
‪245.49 M‬USD
Fund flows (1Y)
‪106.99 M‬USD
Dividend yield (indicated)
1.92%
Discount/Premium to NAV
0.09%
Shares outstanding
‪6.90 M‬
Expense ratio
0.60%

About First Trust Nasdaq Bank ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Sep 20, 2016
Structure
Open-Ended Fund
Index tracked
NASDAQ US Banks Index
Replication method
Physical
Management style
Passive
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
US33738R8604
FTXO invests in liquid US banking companies, ranked and weighted by their volatility, value, and growth factors. The fund selects the 30 most liquid banking stocks, including companies involved in financial services, retail banking, loans, and transactions. These stocks are ranked based on their trailing one-year volatility, cash flow to price, and their average three-, six-, nine-, and twelve-month price returns, and weighted according to their respective scores. No single constituent can hold more than 8% of the total holdings. The index undergoes annual reconstitution and quarterly rebalance.

Broaden your horizons with more funds linked to FTXO via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Banks
Strategy
Multi-factor
Geography
U.S.
Weighting scheme
Multi-factor
Selection criteria
Liquidity
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FTXO trades at 35.56 USD today, its price has fallen −1.55% in the past 24 hours. Track more dynamics on FTXO price chart.
FTXO net asset value is 36.11 today — it's risen 8.17% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FTXO assets under management is ‪245.49 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FTXO price has risen by 6.79% over the last month, and its yearly performance shows a 21.24% increase. See more dynamics on FTXO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.17% over the last month, showed a 14.53% increase in three-month performance and has increased by 20.75% in a year.
FTXO fund flows account for ‪106.99 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FTXO invests in stocks. See more details in our Analysis section.
FTXO expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FTXO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FTXO technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTXO shows the buy signal. See more of FTXO technicals for a more comprehensive analysis.
Yes, FTXO pays dividends to its holders with the dividend yield of 1.92%.
FTXO trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FTXO shares are issued by AJM Ventures LLC
FTXO follows the NASDAQ US Banks Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 20, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.