XDAT

Franklin Exponential Data ETF

$26.39
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Franklin Exponential Data ETF (XDAT) seeks to provide investment exposure to companies involved in the development and application of data-driven technologies and services.

Overview

ETF tracking Franklin Exponential Data ETF

Category Other
Issuer Other
Inception Date 2021-01-14
Market Cap $4.0M
Average Volume N/A
Dividend Yield 0.12%
52-Week Range $20.14 - $28.73
VWAP $26.15

Performance

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Investment Summary

📎 Investment Objective

The Franklin Exponential Data ETF (XDAT) seeks to provide investment exposure to companies involved in the development and application of data-driven technologies and services.

🎯 Investment Strategy

The ETF invests primarily in equity securities of companies that the investment manager believes are positioned to benefit from the growth and innovation in data-driven technologies and services. This includes companies engaged in areas such as cloud computing, big data analytics, artificial intelligence, and the Internet of Things.

✨ Key Features

  • Focuses on companies at the forefront of data-driven technologies and services
  • Provides exposure to a diversified portfolio of data-focused companies
  • Actively managed by an experienced investment team
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the ETF's holdings may decline due to general market and economic conditions
  • Sector concentration risk: The ETF's performance may be more volatile due to its focus on the data technology sector
  • Liquidity risk: The ETF may have difficulty trading certain holdings, especially in volatile market conditions
  • Management risk: The investment manager's decisions may not produce the desired results

👤 Best For

The Franklin Exponential Data ETF may be suitable for investors seeking exposure to the growth potential of the data technology sector as part of a diversified portfolio. It may be most appropriate for investors with a higher risk tolerance and a long-term investment horizon.