EKG

First Trust Nasdaq Lux Digital Health Solutions ETF

$18.44

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Lux Digital Health Index, which is designed to track the performance of companies involved in the digital health industry.

Overview

ETF tracking First Trust Nasdaq Lux Digital Health Solutions ETF

Category Technology

Issuer First Trust

Inception Date 2022-03-23

Market Cap $2.8M

Average Volume N/A

Dividend Yield N/A

52-Week Range $14.16 - $18.84

VWAP $18.44

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of securities that seeks to replicate the Nasdaq Lux Digital Health Index. The index includes companies that are involved in the development and application of digital health technologies, such as telehealth, digital therapeutics, and health information technology.

✨ Key Features

Provides exposure to companies at the forefront of the growing digital health industry
Diversified portfolio across various digital health sub-sectors
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 the digital health industry
Volatility risk as the digital health sector may experience significant price swings
Regulatory risk as the digital health industry is subject to evolving government policies and regulations
Liquidity risk due to the relatively small size of the fund and potential lack of trading volume

👤 Best For

This ETF may be suitable for investors seeking exposure to the digital health industry and who have a higher risk tolerance. It may be particularly appealing to investors with a long-term investment horizon who believe in the growth potential of the digital health sector.