NASDAQ | ETF
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the exchange-traded funds (ETFs) that comprise the index.
The index is designed to provide targeted exposure to the five First Trust sector-based ETFs that the index provider believes offer the greatest potential to outperform the other ETFs in the selection universe and that satisfy certain trading volume and liquidity requirements.
Top 6 Holdings
Asset | Name | Sector | Industry | Weight |
---|---|---|---|---|
QTEC | First Trust Exchange-Traded Fund - First Trust NASDAQ-100-Technology Sector Index Fund | 20.34% | ||
FDN | First Trust Exchange-Traded Fund - First Trust Dow Jones Internet Index Fund | 20.32% | ||
FXO | First Trust Exchange-Traded AlphaDEX Fund - First Trust Financials AlphaDEX Fund | 19.80% | ||
FXR | First Trust Exchange-Traded AlphaDEX Fund - First Trust Industrials/Producer Durables AlphaDEX Fund | 19.69% | ||
FXD | First Trust Consumer Discretionary AlphaDEX® Fund | 19.64% | ||
FTXL | First Trust Nasdaq Semiconductor ETF | 18.45% |