XPND

First Trust Expanded Technology ETF

$36.16

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The First Trust Expanded Technology ETF (XPND) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Expanded Technology Sector IndexSM.

Overview

ETF tracking First Trust Expanded Technology ETF

Category Technology

Issuer First Trust

Inception Date 2021-06-15

Market Cap $34.4M

Average Volume N/A

Dividend Yield 0.13%

52-Week Range $25.10 - $38.33

VWAP $36.36

Performance

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Investment Summary

📎 Investment Objective

The First Trust Expanded Technology ETF (XPND) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Expanded Technology Sector IndexSM.

🎯 Investment Strategy

The fund invests in a portfolio of securities that seeks to track the performance of the underlying index, which is designed to provide exposure to companies in the expanded technology sector, including companies involved in technology hardware, software, services, semiconductors, and communications equipment.

✨ Key Features

Broad exposure to the expanded technology sector
Passively managed to track the performance of the underlying 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 technology sector
Market risk as the value of the fund's holdings may fluctuate with market conditions
Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
Liquidity risk due to the potentially limited trading volume of some holdings

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the expanded technology sector as part of a diversified portfolio. It may be particularly appealing to investors with a higher risk tolerance and a long-term investment horizon.