FTXOFirst Trust Nasdaq Bank ETF
FTXO Fund Description
FTXO tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors.
FTXO Factset Analytics Insight
FTXO invests in liquid US banking companies, ranked and weighted by their volatility, value, and growth factors. The fund selects the 30 most liquid banking stocks, including companies involved in financial services, retail banking, loans, and transactions. These stocks are ranked based on their trailing one-year volatility, cash flow to price, and their average three-, six-, nine-, and twelve-month price returns, and weighted according to their respective scores. No single constituent can hold more than 8% of the total holdings. The index undergoes annual reconstitution and quarterly rebalance.
FTXO MSCI ESG Analytics Insight
First Trust Nasdaq Bank ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.74 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 Bank ETF ranks in the 27th percentile within its peer group and in the 12nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FTXO 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.
FTXO Summary Data
FTXO Portfolio Data
FTXO Index Data
FTXO Portfolio Management
FTXO Tax Exposures
FTXO Fund Structure
FTXO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FTXO. FTXO is rated a 5 out of 5.
FTXO Sector/Industry Breakdown
FTXO Top 10 Holdings[View All]
FTXO Economic Development
FTXO Performance Statistics
FTXO MSCI ESG Ratings
FTXO Benchmark Comparison Summary
FTXO Benchmark Comparison Market Cap Size