Key stats
About First Trust Nasdaq Bank ETF
Home page
Inception date
Sep 20, 2016
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
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.
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
Finance
Stocks99.87%
Finance99.87%
Bonds, Cash & Other0.13%
Cash0.13%
Miscellaneous−0.00%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTXO top holdings are Citigroup Inc. and JPMorgan Chase & Co., occupying 8.78% and 8.36% of the portfolio correspondingly.
FTXO last dividends amounted to 0.21 USD. The quarter before, the issuer paid 0.12 USD in dividends, which shows a 41.83% increase.
FTXO assets under management is 245.92 M USD. It's risen 8.78% over the last month.
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.
Yes, FTXO pays dividends to its holders with the dividend yield of 1.95%. The last dividend (Jun 30, 2025) amounted to 0.21 USD. The dividends are paid quarterly.
FTXO shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Sep 20, 2016, and its management style is Passive.
FTXO expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
FTXO follows the NASDAQ US Banks Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTXO invests in stocks.
FTXO price has risen by 7.78% over the last month, and its yearly performance shows a 22.64% 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.
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 trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.