FTGS

First Trust Growth Strength ETF

$34.77

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The First Trust Growth Strength ETF (FTGS) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Tradable Growth Strength Index.

Overview

ETF tracking First Trust Growth Strength ETF

Category Growth

Issuer First Trust

Inception Date 2022-10-26

Market Cap $1.3B

Average Volume N/A

Dividend Yield 0.34%

52-Week Range $26.62 - $36.58

VWAP $34.86

Performance

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Investment Summary

📎 Investment Objective

The First Trust Growth Strength ETF (FTGS) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Tradable Growth Strength Index.

🎯 Investment Strategy

The ETF invests in a portfolio of equity securities that are selected based on a proprietary methodology designed to identify companies exhibiting strong growth characteristics. The fund's holdings are rebalanced and reconstituted on a quarterly basis.

✨ Key Features

Focuses on companies demonstrating robust growth potential
Utilizes a quantitative, rules-based approach to security selection
Provides exposure to a diversified portfolio of growth-oriented stocks
Relatively low expense ratio compared to many actively managed growth funds

⚠️ Primary Risks

Equity market risk, as the fund invests primarily in stocks
Concentration risk, as the portfolio may be heavily weighted in certain sectors
Liquidity risk, as the fund may hold securities that are less actively traded
Tracking error risk, as the fund may not perfectly replicate the performance of its underlying index

👤 Best For

The First Trust Growth Strength ETF may be suitable for investors seeking exposure to a portfolio of growth-oriented stocks, with the potential for capital appreciation over the long term. This ETF may be appropriate for investors with a higher risk tolerance and a longer investment horizon.