FTXN

First Trust Nasdaq Oil & Gas ETF

$28.74

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The First Trust Nasdaq Oil & Gas ETF (FTXN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq US Smart Oil & Gas Index.

Overview

ETF tracking First Trust Nasdaq Oil & Gas ETF

Category Energy

Issuer First Trust

Inception Date 2016-09-21

Market Cap $119.3M

Average Volume N/A

Dividend Yield 2.61%

52-Week Range $23.94 - $32.37

VWAP $28.68

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund generally will invest at least 90% of its net assets in the common stocks and depositary receipts that comprise the index. The index is designed to provide exposure to U.S. companies within the oil and gas industry, including exploration and production, refining and marketing, and oil services companies.

✨ Key Features

Provides exposure to a diversified portfolio of U.S. oil and gas companies
Utilizes a smart beta index methodology to potentially enhance returns
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on the oil and gas industry
Volatility risk due to the cyclical nature of the energy sector
Potential for capital losses during periods of declining oil and gas prices
Limited operating history and lack of long-term performance data

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. oil and gas industry as part of a diversified portfolio. However, due to the fund's limited history and the inherent volatility of the energy sector, it may be more appropriate for investors with a higher risk tolerance and a longer-term investment horizon.