LEGR

📎 Investment Objective

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) seeks to track the investment results of an index that is designed to provide exposure to companies that are involved in the development and utilization of innovative transaction and process technologies, including blockchain and distributed ledger technologies.

✨ Key Features

• Provides exposure to companies involved in blockchain and distributed ledger technologies
• Passively managed to track the Indxx Blockchain Index
• Low expense ratio of 0.00%
• Relatively new fund with limited performance history

⚠️ Primary Risks

• Exposure to a relatively new and emerging technology sector, which may be subject to increased volatility
• Concentration risk as the fund is focused on a specific industry
• Lack of long-term performance history to evaluate the fund's track record
• Potential liquidity risks due to the fund's small asset size

👤 Best For

This ETF may be suitable for investors seeking exposure to the blockchain and distributed ledger technology sector as part of a diversified portfolio. However, due to the fund's limited history and the speculative nature of the underlying technology, it may be more appropriate for investors with a higher risk tolerance and a long-term investment horizon.