FTXL
First Trust Nasdaq Semiconductor ETF
📎 Investment Objective
The First Trust Nasdaq Semiconductor ETF (FTXL) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq US Smart Semiconductor Index.
Overview
ETF tracking First Trust Nasdaq Semiconductor ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Nasdaq Semiconductor ETF (FTXL) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq US Smart Semiconductor Index.
🎯 Investment Strategy
The fund invests at least 90% of its net assets in the common stocks and depositary receipts that comprise the Nasdaq US Smart Semiconductor Index. The index is designed to provide exposure to U.S. companies within the semiconductor industry.
✨ Key Features
- Focuses on U.S. semiconductor companies
- Passively tracks the Nasdaq US Smart Semiconductor Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on the semiconductor industry
- Potential volatility due to the cyclical nature of the semiconductor sector
- Lack of diversification outside of the semiconductor industry
- Limited performance history makes it difficult to evaluate long-term returns
👤 Best For
FTXL may be suitable for investors seeking exposure to the U.S. semiconductor industry as part of a diversified technology or growth-oriented portfolio. However, the fund's limited track record means it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.
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