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FTXO

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First Trust Nasdaq Bank Etf

33.856
+0.826 (+2.50%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 33.03
Day's Range: 32.95 - 33.94
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When Written:
 
21.245
The First Trust Nasdaq Bank ETF (ticker symbol: FTXO) is an exchange-traded fund that seeks to track the performance of the Nasdaq US Smart Banks Index. This index includes banks and thrifts listed on the Nasdaq Stock Market that meet certain liquidity and market capitalization requirements.

The ETF was launched in September 2016 and has an expense ratio of 0.60%. It invests primarily in the financial sector, with a focus on regional and community banks. As of December 2021, the ETF had total net assets of $1.3 billion and held 30 stocks in its portfolio.

The objective of the ETF is to provide investors with exposure to the banking industry in the United States. It may be suitable for investors who believe that the banking sector will perform well in the future, or who are looking to diversify their portfolio with exposure to financials.

Like other ETFs, the First Trust Nasdaq Bank ETF can be bought and sold throughout the trading day on a stock exchange. It may be subject to market volatility and fluctuations in the banking industry. Investors should carefully consider their investment objectives, risk tolerance, and fees before investing in this or any other ETF.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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