FTXHFirst Trust Nasdaq Pharmaceuticals ETF
FTXH Fund Description
FTXH tracks the 30 most liquid US pharmaceutical companies, weighted according to factors related to value, volatility, and growth.
FTXH Factset Analytics Insight
FTXH holds a concentrated basket of 30 highly liquid pharmaceutical stocks weighted according to various factors. While many funds perform a basic liquidity screen as part of their index construction and rebalancing, FTXH goes beyond the basic screen and uses liquidity for selection. The 30 most liquid pharmaceutical stocks in the US are chosen for inclusion in the index as determined by 3-month average daily traded volume. The selected constituents are then ranked and weighted on three different factors: 1) strong growth, as exhibited by 3-, 6-, 9-, and 12-month average price returns, 2) attractive value, evaluated by cash-flow-to-price, and 3) low volatility, based on historical price fluctuations. Single security weights are capped at 8%. The index is rebalanced quarterly and reconstituted annually.
FTXH MSCI ESG Analytics Insight
First Trust Nasdaq Pharmaceuticals ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.44 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 Nasdaq Pharmaceuticals ETF ranks in the 26th percentile within its peer group and in the 26th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FTXH MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FTXH Portfolio Data
FTXH Index Data
FTXH Portfolio Management
FTXH Tax Exposures
FTXH Fund Structure
FTXH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FTXH. FTXH is rated a 4 out of 5.
FTXH Top 10 Holdings[View All]
FTXH Economic Development
FTXH Performance Statistics
FTXH MSCI ESG Ratings
FTXH Benchmark Comparison Summary
FTXH Benchmark Comparison Market Cap Size