FTXNFirst Trust Nasdaq Oil & Gas ETF
FTXN Fund Description
FTXN tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors.
FTXN Factset Analytics Insight
FTXN invests in a concentrated basket of liquid US oil and gas companies. It picks the 50 most liquid stocks in the segment, which includes companies involved in exploration, production, drilling, distribution, and sales of oil and gas products. The selected stocks 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. No single constituent can hold more than 8% of the total holdings. The index is reconstituted annually and rebalanced quarterly.
FTXN MSCI ESG Analytics Insight
First Trust Nasdaq Oil & Gas ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.70 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 Oil & Gas ETF ranks in the 24th percentile within its peer group and in the 7th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FTXN 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.
FTXN Summary Data
FTXN Portfolio Data
FTXN Index Data
FTXN Portfolio Management
FTXN Tax Exposures
FTXN Fund Structure
FTXN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FTXN. FTXN is rated a 5 out of 5.
FTXN Sector/Industry Breakdown
FTXN Top 10 Holdings[View All]
FTXN Economic Development
FTXN Performance Statistics
FTXN MSCI ESG Ratings
FTXN Benchmark Comparison Summary
FTXN Benchmark Comparison Market Cap Size