Key stats
About First Trust Nasdaq Semiconductor ETF
Home page
Inception date
Sep 20, 2016
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Stocks99.93%
Electronic Technology80.53%
Producer Manufacturing14.39%
Distribution Services4.59%
Technology Services0.42%
Bonds, Cash & Other0.07%
Cash0.07%
Stock breakdown by region
North America96.10%
Europe3.90%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history