FBT
First Trust NYSE Arca Biotechnology Index FundFBT Fund Description
FBT tracks an equal-weighted index of US biotechnology stocks.
FBT Factset Analytics Insight
FBT is a popular choice among biotech funds, managing to accumulate substantial assets despite taking a somewhat unusual approach to the segment. The underlying index contains only 30 names (increased from 20 in October 2014), which is more limited than some other funds in the segment, such as IBB and XBI. Exposure includes access to pharmaceuticals and medical technology in addition to traditional biotech, with a higher small-cap and midcap presence than our segment benchmark. The bias away from larger firms stems from the equally weighted basket, an approach that’s not unusual. Still, FBT’s equal weighting of about 30 stocks produces a relatively concentrated basket. FBT trades well with reasonably tight spreads and remains a formidable name in the biotechnology sector.
FBT MSCI ESG Analytics Insight
First Trust NYSE Arca Biotechnology Index Fund has an MSCI ESG Fund Rating of B based on a score of 2.69 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust NYSE Arca Biotechnology Index Fund ranks in the 5th percentile within its peer group and in the 8th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FBT CHARTS AND PERFORMANCE
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FBT Top 10 Countries
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FBT Top 10 Holdings [View All]
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FBT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FBT. FBT is rated a 5 out of 5.
FBT Tradability
FBT Sector/Industry Breakdown
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FBT TOP 10 HOLDINGS[View All]
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FBT MSCI ESG Ratings
FBT BENCHMARK COMPARISON SUMMARY
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FBT BENCHMARK COMPARISON MARKET CAP SIZE
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