RND
First Trust Bloomberg R&D Leaders ETF
📎 Investment Objective
The First Trust Bloomberg R&D Leaders ETF (RND) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg R&D Leaders Index.
Overview
ETF tracking First Trust Bloomberg R&D Leaders ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Bloomberg R&D Leaders ETF (RND) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg R&D Leaders Index.
🎯 Investment Strategy
The fund invests in a portfolio of equity securities that are included in the Bloomberg R&D Leaders Index, which is designed to track the performance of companies that are leaders in research and development (R&D) spending.
✨ Key Features
- Focuses on companies that are leaders in R&D spending across various sectors
- Provides exposure to innovative companies that are investing heavily in future growth
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's investments may decline due to general market conditions
- Sector concentration risk: The fund's performance may be more volatile due to its focus on R&D-intensive companies
- Liquidity risk: The fund may have difficulty trading certain securities, especially in volatile market conditions
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
👤 Best For
The First Trust Bloomberg R&D Leaders ETF may be suitable for investors seeking exposure to innovative companies that are investing heavily in research and development, with the potential for long-term growth. However, due to the fund's limited track record and small asset size, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.