FSGS
First Trust Exchange-Traded Fund VI First Trust SMID Growth Strength ETF
📎 Investment Objective
The First Trust SMID Growth Strength ETF (FSGS) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ US Small Mid Cap Select Leaders Core Index.
Overview
ETF tracking First Trust Exchange-Traded Fund VI First Trust SMID Growth Strength ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust SMID Growth Strength ETF (FSGS) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ US Small Mid Cap Select Leaders Core Index.
🎯 Investment Strategy
The fund invests in a portfolio of small and mid-cap U.S. stocks that exhibit growth characteristics and strong fundamentals. The index methodology selects companies based on a proprietary quantitative model that evaluates factors such as earnings growth, return on equity, and price momentum.
✨ Key Features
- Focuses on small and mid-cap U.S. growth stocks
- Uses a quantitative model to identify companies with strong fundamentals and growth potential
- Passively tracks the NASDAQ US Small Mid Cap Select Leaders Core Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to small and mid-cap stocks, which may be more volatile than large-cap stocks
- Potential for higher risk and return compared to broad market indexes
- Reliance on the index methodology to select holdings
- Limited performance history and assets under management
👤 Best For
This ETF may be suitable for investors seeking exposure to small and mid-cap U.S. growth stocks as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance and a longer-term investment horizon.