NXTG

First Trust Indxx NextG ETF

$106.41

+0.00%

Market closed. Last update: 12:26 PM ET

📎 Investment Objective

The First Trust Indxx NextG ETF (NXTG) seeks to track the investment results of an index that measures the performance of companies involved in the development and utilization of 5G and next-generation wireless technologies.

Overview

ETF tracking First Trust Indxx NextG ETF

Category Communication

Issuer First Trust

Inception Date 2011-02-18

Market Cap $420.3M

Average Volume N/A

Dividend Yield 1.48%

52-Week Range $74.67 - $110.94

VWAP $106.56

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund seeks to invest at least 90% of its net assets in the securities included in the Indxx 5G & NextG Thematic Index. The index is designed to track the performance of companies that are positioned to benefit from the increased adoption of 5G and next-generation wireless technologies.

✨ Key Features

Focuses on companies involved in the 5G and next-generation wireless technology space
Diversified portfolio across various industries related to 5G and wireless tech
Passively managed to track the performance of the underlying index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry and technology theme
Potential volatility due to the emerging and rapidly evolving nature of 5G and wireless tech
Liquidity risk as the fund is relatively new and has low assets under management
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 growth potential of the 5G and next-generation wireless technology sector as part of a diversified portfolio. It may be most appropriate for investors with a higher risk tolerance and a long-term investment horizon.