FTXOFirst Trust Nasdaq Bank ETF

Grow my money9y track recordRanked #838 of 2,960 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%

#3,108 of 5,562 · average

Fund Size

$287M

#1,978 of 5,562 · mid-size

Return (1Y)Goal

+34.0%

Track Record

9 years

#1,477 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,698+27.0%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Index tracking

Sector

Financials

Index tracked

Nasdaq US Smart Banks Index

What it actually holds

By weight

Concentration

Top 10 holdings = 61.4% of fundconcentrated

Citigroup Inc

9.1%

Wells Fargo & Co

8.5%

Bank of America Corp

8.1%

JPMorgan Chase & Co

8.0%

Truist Financial Corp

7.9%

Citizens Financial Group Inc

4.2%

US Bancorp

4.1%

First Citizens BancShares Inc/

3.9%

PNC Financial Services Group I

3.8%

M&T Bank Corp

3.7%

Asset allocation

Stocks

99.8%

Cash

0.2%

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

-55.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.90Decent risk-adjusted returns

Sortino (3Y)

1.33Good downside protection

Where to buy

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 comprising the Nasdaq US Smart Banks Index using an indexing approach to replicate its performance. The Index includes top factor-ranked U.S. bank companies.
Inception date: September 20, 2016
Fund family: First Trust