FTXG

First Trust Nasdaq Food & Beverage ETF

$21.32
+0.00%
Market closed. Last update: 12:26 PM ET

📎 Investment Objective

The First Trust Nasdaq Food & Beverage ETF (FTXG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq US Smart Food & Beverage Index.

Overview

ETF tracking First Trust Nasdaq Food & Beverage ETF

Issuer First Trust
Inception Date 2016-09-21
Market Cap $18.1M
Average Volume N/A
Dividend Yield 2.89%
52-Week Range $20.56 - $24.70
VWAP $21.28

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The First Trust Nasdaq Food & Beverage ETF (FTXG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq US Smart Food & Beverage Index.

🎯 Investment Strategy

The fund invests in a portfolio of stocks that are components of the underlying index. The index is designed to provide exposure to U.S. companies in the food and beverage sectors that exhibit positive momentum and low volatility characteristics.

✨ Key Features

  • Focuses on U.S. companies in the food and beverage industries
  • Utilizes a smart beta strategy that emphasizes momentum and low volatility
  • Diversified portfolio across various food and beverage sub-sectors
  • Relatively low expense ratio compared to actively managed funds

⚠️ Primary Risks

  • Sector concentration risk as the fund is focused on the food and beverage industry
  • Potential for higher volatility compared to the broader market due to the momentum and low volatility factors
  • Liquidity risk as the fund may have limited trading volume
  • Tracking error risk as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to the food and beverage sector with a focus on companies exhibiting positive momentum and low volatility characteristics. It could be a component of a diversified portfolio, particularly for investors with a medium to long-term investment horizon.