NFTYFirst Trust India NIFTY 50 Equal Weight ETF
NFTY Fund Description
NFTY tracks an equally weighted index of the 50 largest and most liquid Indian equity securities.
NFTY Factset Analytics Insight
NFTY provides equal-weighted exposure to the components of a widely followed index for Indian equity securities. The Nifty 50 Index holds a concentrated portfolio of 50 blue-chip companies trading on India’s National Stock Exchange which covers approximately 66% of the Indian companies by market capitalization. The index uses size and liquidity screens in constructing its portfolio. Selected securities are then weighted equally and rebalanced quarterly. Prior to April 18, 2018, the fund was called First Trust Taiwan AlphaDex fund and traded under the ticker FTW.
NFTY MSCI ESG Analytics Insight
First Trust India NIFTY 50 Equal Weight ETF has an MSCI ESG Fund Rating of BB based on a score of 4.06 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 India NIFTY 50 Equal Weight ETF ranks in the 14th percentile within its peer group and in the 17th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
NFTY 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.
NFTY Portfolio Data
NFTY Index Data
NFTY Portfolio Management
NFTY Tax Exposures
NFTY Fund Structure
NFTY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NFTY. NFTY is rated a 1 out of 5.
NFTY Sector/Industry Breakdown
NFTY Top 10 Holdings[View All]
NFTY Economic Development
NFTY Performance Statistics
NFTY MSCI ESG Ratings
NFTY Benchmark Comparison Summary
NFTY Benchmark Comparison Market Cap Size