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FTXOFirst Trust Nasdaq Bank ETF

Grow my money9y track recordRanked #849 of 2,992 in this goal

Seeks investment results that correspond generally to the price and yield of the Nasdaq US Smart Banks Index.

By First Trust · Launched 2016

Annual Cost

0.60%

#3,228 of 5,854 · average

Fund Size

$302M

#1,977 of 5,854 · large

Return (1Y)Goal

+26.5%

Track Record

9 years

#1,451 of 5,854 · established

Performance

Total-return NAV · USD
Growth of $10,000
$13,006+30.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Cap

Large

Strategy

Index tracking

Index tracked

Nasdaq US Smart Banks Index

What it actually holds

By weight

Concentration

Top 10 holdings = 58.5% of fundmoderately concentrated

Citigroup Inc.
8.3%
JPMorgan Chase & Co.
7.9%
Bank of America Corp.
7.9%
Wells Fargo & Co.
7.9%
Truist Financial Corp.
7.5%
PNC Financial Services Group Inc.
4.0%
Citizens Financial Group Inc
3.9%
M&T Bank Corporation
3.9%
U.S. Bancorp.
3.9%
First Citizens BancShares Inc (Delaware)
3.3%

Asset allocation

Stocks
99.9%
Cash
0.1%

By sector

Financial Services
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
20.9%High

Year-on-year price swings

Max drawdown
-55.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.86Decent risk-adjusted returns
Sortino (3Y)
1.27Good downside protection

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks investment results that correspond generally to the price and yield of the Nasdaq US Smart Banks Index.
Strategy
Invests at least 90% of net assets in securities that comprise the Nasdaq US Smart Banks Index using an indexing investment approach. Focuses on the top factor-ranked U.S. bank companies, with a market capitalization-weighted structure.
Inception date
September 20, 2016
Fund family
First Trust

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Data updated on 2026-08-03