RNDFirst Trust Bloomberg R&D Leaders ETF

Grow my money2y track recordRanked #2,608 of 2,960 in this goal

Seeks investment results that correspond generally to the price and yield of the Bloomberg R&D Leaders Select Index.

By First Trust · Launched 2024

Annual Cost

0.60%

#3,108 of 5,562 · average

Fund Size

$5M

#5,090 of 5,562 · small

Return (1Y)Goal

+23.3%

Track Record

2 years

#3,544 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,350+23.5%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Factor

Quality

Index tracked

Bloomberg R&D Leaders Select Index

What it actually holds

By weight

Concentration

Top 10 holdings = 62.3% of fundconcentrated

Alphabet Inc

10.0%

Apple Inc

8.3%

Amazon.com Inc

8.2%

NVIDIA Corp

7.8%

Microsoft Corp

7.3%

Eli Lilly & Co

5.5%

Broadcom Inc

4.1%

Tesla Inc

3.9%

AbbVie Inc

3.8%

Meta Platforms Inc

3.5%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

47.2%

Consumer Cyclical

15.7%

Communication

13.3%

Healthcare

13.3%

Industrials

7.4%

Consumer Defensive

1.2%

Financial Services

1.1%

Basic Materials

0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

16.4%Moderate

Year-on-year price swings

Max drawdown

-23.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that correspond generally to the price and yield of the Bloomberg R&D Leaders Select Index.
Strategy: Invests primarily in securities that comprise the Bloomberg R&D Leaders Select Index using a full replication strategy. The Index includes the top 50 companies with significant R&D expenditures.
Inception date: April 30, 2024
Fund family: First Trust