ETF Watch: First Trust Debuts New Sector ETFs

The latest addition to the ETF market is a lineup of smart-beta sector funds.
Reviewed by: Staff
Edited by: Staff

First Trust rolled out this week seven new sector ETFs designed to be a “smarter approach” to sector investing.

The funds rely on a three-factor methodology to picking securities in a process that ultimately tilts portfolios toward “lower valuations, stronger momentum, and less volatility” within each sector, Ryan Issakainen, ETF Strategist at First Trust, said in a release.

The funds, listed on Nasdaq on Sept. 21, offer honed-in exposure to specific segments within broader sectors—the latest smart-beta ETFs to enter the market. They are:

  • First Trust Nasdaq Bank ETF (FTXO)
  • First Trust Nasdaq Food & Beverage ETF (FTXG)
  • First Trust Nasdaq Oil & Gas ETF (FTXN)
  • First Trust Nasdaq Pharmaceuticals ETF (FTXH)
  • First Trust Nasdaq Retail ETF (FTXD)
  • First Trust Nasdaq Semiconductor ETF (FTXL)
  • First Trust Nasdaq Transportation ETF (FTXR)

ETF Closure

On another note, the Guggenheim Emerging Markets Real Estate ETF (EMRE) was shuttered this week; its last trading day was Sept. 20. The fund tracked an index of real estate firms deriving their revenues from emerging markets.

Launched two years ago, EMRE had only $2.3 million in assets under management.

Contact Cinthia Murphy at [email protected] is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.