FTXR
First Trust Nasdaq Transportation ETF
📎 Investment Objective
The First Trust Nasdaq Transportation ETF (FTXR) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq US Smart Transportation Index.
Overview
ETF tracking First Trust Nasdaq Transportation ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Nasdaq Transportation ETF (FTXR) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq US Smart Transportation Index.
🎯 Investment Strategy
The fund generally will invest at least 90% of its net assets in the common stocks and depositary receipts that comprise the Nasdaq US Smart Transportation Index. The index is designed to provide exposure to U.S. companies that are engaged in the transportation of people and goods.
✨ Key Features
- Focuses on U.S. transportation and logistics companies
- Tracks the Nasdaq US Smart Transportation 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 transportation sector
- Potential volatility due to the cyclical nature of the transportation industry
- Lack of diversification outside the transportation sector
- Limited performance history makes it difficult to evaluate long-term returns
👤 Best For
This ETF may be suitable for investors seeking exposure to the U.S. transportation and logistics sector as part of a diversified portfolio. However, due to the fund's limited history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.
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