First Trust NYSE® Arca® Biotechnology Index Fund (FBT)
Investment Objective/Strategy - The First Trust NYSE Arca Biotechnology Index Fund is an exchange-traded index fund. The investment objective of the Fund is to replicate as closely as possible, before fees and expenses, the price and yield of the NYSE Arca Biotechnology IndexSM.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The NYSE® Arca® Biotechnology Index is an equal dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services.
  • Such processes include, but are not limited to, recombinant DNA technology, molecular biology, genetic engineering, monoclonal antibody-based technology, lipid/liposome technology, and genomics.
  • The index is rebalanced quarterly based upon closing prices on the third Friday in January, April, July & October to ensure that each component stock continues to represent an approximately equal weight in the index.
Fund Overview
Fund TypeBiotechnology
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
Fiscal Year-End12/31
ExchangeNYSE Arca
Inception Price$20.00
Inception NAV$20.00
Rebalance FrequencyQuarterly
Gross Expense Ratio*0.55%
Net Expense Ratio*0.55%
* As of 5/3/2021
Expenses are capped contractually at 0.60% per year, at least until April 30, 2022.
Current Fund Data (as of 10/20/2021)
Closing NAV1$163.77
Closing Market Price2$163.71
Bid/Ask Midpoint$163.76
Bid/Ask Discount0.01%
30-Day Median Bid/Ask Spread30.08%
Total Net Assets$1,785,123,066
Outstanding Shares10,900,002
Daily Volume76,880
Average 30-Day Daily Volume40,994
Closing Market Price 52-Week High/Low$184.84 / $152.75
Closing NAV 52-Week High/Low$184.97 / $152.73
Number of Holdings (excluding cash)30
NAV History (Since Inception)
Past performance is not indicative of future results.
Fund Characteristics (as of 9/30/2021)4
Maximum Market Cap.$155,347
Median Market Cap.$14,703
Minimum Market Cap.$946
Price/Cash Flow15.26
Top Holdings (as of 10/20/2021)*
Holding Percent
BioNTech SE (ADR) 3.65%
Charles River Laboratories International, Inc. 3.50%
QIAGEN N.V. 3.45%
ACADIA Pharmaceuticals Inc. 3.44%
Agios Pharmaceuticals, Inc. 3.44%
Moderna, Inc. 3.44%
United Therapeutics Corporation 3.44%
Vertex Pharmaceuticals Incorporated 3.42%
Bio-Techne Corporation 3.41%
Regeneron Pharmaceuticals, Inc. 3.41%

* Excluding cash.  Holdings are subject to change.

Bid/Ask Premium/Discount (as of 10/20/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 96 32 32 24
Days Traded at Discount 157 29 31 40
Hypothetical Growth of $10,000 Since Inception (as of 10/20/2021) *