First Trust Chindia ETF (FNI)
Investment Objective/Strategy - The First Trust Chindia ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the ISE ChIndia™ Index.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The Index begins by establishing the total population of companies that are domiciled in either India or China and whose shares or ADRs are listed on a U.S. securities exchange.
  • Remove companies that do not meet the component eligibility criteria which include minimum market capitalization and trading volume requirements.
  • Rank the remaining stocks by their liquidity score. (Rank all eligible stocks separately by market cap and three month average daily dollar volume. Sum the ranks for each stock to get a liquidity score.)
  • Select the top 25 stocks from each country by liquidity score. If less than 25 stocks are available for a country, then continue selecting stocks from the other country until a maximum of 50 stocks are selected.
  • Weight according to the following methodology:
    • top three ranked stocks in each country are weighted at 7% each.
    • the next three in each country are weighted at 4% each.
    • the next three in each country are weighted at 2% each and the remaining stocks are equally weighted.
  • The Index is rebalanced on the application of the above model on a semi-annual basis.
Fund Overview
Fund TypeGlobal Equity
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 FrequencySemi-Annual
Gross Expense Ratio*0.59%
Net Expense Ratio*0.59%
* As of 5/2/2022
Expenses are capped contractually at 0.60% per year, at least through April 30, 2023. Please see the Fees and Expenses of the Fund section in the fund’s prospectus for more details.
Current Fund Data (as of 6/24/2022)
Closing NAV1$41.87
Closing Market Price2$41.84
Bid/Ask Midpoint$41.91
Bid/Ask Premium0.10%
30-Day Median Bid/Ask Spread30.20%
Total Net Assets$127,696,769
Outstanding Shares3,050,002
Daily Volume77,385
Average 30-Day Daily Volume45,958
Closing Market Price 52-Week High/Low$63.00 / $33.25
Closing NAV 52-Week High/Low$63.02 / $33.32
Number of Holdings (excluding cash)50
Top Holdings (as of 6/24/2022)*
Holding Percent
Pinduoduo Inc. (ADR) 8.24%
Alibaba Group Holding Limited (ADR) 7.70%, Inc. (ADR) 7.17%
HDFC Bank Ltd. (ADR) 6.31%
Infosys Limited (ADR) 6.22%
ICICI Bank Limited (ADR) 6.00%
NIO Inc. (ADR) 4.97%
Baidu, Inc. (ADR) 3.87%
Dr. Reddy's Laboratories Limited (ADR) 3.63%
Tata Motors Limited (ADR) 3.36%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Fund Characteristics (as of 5/31/2022)4
Maximum Market Cap.$256,934
Median Market Cap.$7,348
Minimum Market Cap.$643
Price/Cash Flow15.57
Bid/Ask Premium/Discount (as of 6/24/2022)
  2021 Q1 2022 Q2 2022 Q3 2022
Days Traded at Premium 54 12 30 ---
Days Traded at Discount 198 50 28 ---
Top Sector Exposure (as of 6/24/2022)
Consumer Discretionary 44.56%
Financials 15.19%
Information Technology 14.89%
Communication Services 11.42%
Health Care 6.00%
Real Estate 2.52%
Utilities 2.19%
Industrials 1.43%
Energy 1.08%
Consumer Staples 0.72%
Hypothetical Growth of $10,000 Since Inception (as of 6/24/2022) *