FTXL
First Trust Nasdaq Semiconductor ETFFTXL Fund Description
FTXL tracks an index of the most liquid US semiconductor companies, weighted according to factors related to value, volatility and growth.
FTXL Factset Analytics Insight
FTXL tracks an index of highly liquid semiconductor stocks weighted according to various factors. While many funds perform a basic liquidity screen as part of their index construction and rebalancing, FTXL is noteworthy because it goes beyond the basic screen and uses liquidity selection. The 30 most liquid semiconductor stocks in the US are chosen for inclusion in the index as determined by the average daily traded volume over three months. The securities are then ranked and weighed according to value, volatility, and growth factors. Value is measured using a cash flow to price metric. The trailing one- year volatility provides another factor. Growth is considered using the average of the 3, 6, 9, and 12-month price return. The five highest ranking securities will be capped at 8% and the remaining securities will be capped at 4%. The index is reconstituted annually and rebalanced quarterly.
FTXL MSCI ESG Analytics Insight
First Trust Nasdaq Semiconductor ETF has an MSCI ESG Fund Rating of A based on a score of 7.28 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 Semiconductor ETF ranks in the 74th percentile within its peer group and in the 83th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FTXL 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.
FTXL Summary Data
FTXL Portfolio Data
FTXL Index Data
FTXL Portfolio Management
FTXL Tax Exposures
FTXL Fund Structure
FTXL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FTXL. FTXL is rated a 5 out of 5.
FTXL Tradability
FTXL Sector/Industry Breakdown
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FTXL Top 10 Holdings[View All]
FTXL Countries
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FTXL Regions
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FTXL Economic Development
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FTXL Performance Statistics
FTXL MSCI ESG Ratings
FTXL Benchmark Comparison Summary
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FTXL Benchmark Comparison Market Cap Size
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.