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First Trust Nasdaq Smartphone

97.178197
-0.111803 (-0.11%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 97.29
Day's Range: 96.66 - 97.57
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When Written:
 
69.525
First Trust NASDAQ Smartphone Index Fund (FONE) is an exchange-traded fund (ETF) that tracks the performance of the NASDAQ OMX CTA Smartphone Index. The index consists of companies that are involved in the smartphone industry, including manufacturers, software developers, and service providers.

FONE provides investors with exposure to the growing smartphone market, which has seen significant growth in recent years. The fund has a diversified portfolio of companies, with the top holdings including Apple, Samsung, and Tencent.

FONE has an expense ratio of 0.70% and a net asset value of $1.12 billion as of August 2021. The fund has a dividend yield of 0.85% and has returned 20.65% over the past year.

Investors should consider FONE as a long-term investment option and should be aware of the risks associated with investing in the technology sector. As with any investment, it is important to conduct thorough research and consult with a financial advisor before making any investment decisions.

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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