FICS

First Trust International Developed Capital Strength ETF

$38.71
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The First Trust International Developed Capital Strength ETF (FICS) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq Developed Markets Ex-US Capital Strength Index.

Overview

ETF tracking First Trust International Developed Capital Strength ETF

Issuer First Trust
Inception Date 2020-12-16
Market Cap $216.8M
Average Volume N/A
Dividend Yield 2.31%
52-Week Range $33.47 - $40.22
VWAP $38.71

Performance

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Investment Summary

📎 Investment Objective

The First Trust International Developed Capital Strength ETF (FICS) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq Developed Markets Ex-US Capital Strength Index.

🎯 Investment Strategy

The fund invests in a portfolio of equity securities from developed markets outside the United States that are selected based on a proprietary methodology designed to identify companies with strong balance sheets and consistent earnings growth.

✨ Key Features

  • Focuses on international developed market equities with strong financial characteristics
  • Utilizes a rules-based index methodology to identify companies with consistent earnings and healthy balance sheets
  • Diversified portfolio across multiple sectors and countries outside the U.S.
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Exposure to international developed market equities, which may be subject to greater volatility and political/economic risks than U.S. stocks
  • Concentration in companies with specific financial characteristics, which may underperform the broader market at times
  • Potential for currency fluctuations to impact returns
  • Lack of performance history, as the fund is relatively new

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to international developed market equities with a focus on financially strong companies. It could be used as a core international holding or to complement a broader diversified portfolio.