Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
First Trust Indxx Global Agriculture ETF (FTAG)
  • On May 2, 2016, First Trust Indxx Global Agriculture ETF (FTAG) effected a reverse share split of its outstanding shares in which five outstanding FTAG shares were converted into one FTAG share.  All share and per share data set forth below and elsewhere on this website (including for periods prior to the reverse share split) have been adjusted to reflect the reverse share split. 
Investment Objective/Strategy - The First Trust Indxx Global Agriculture ETF is an exchange-trade fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an equity index called theIndxx Global Agriculture Index.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The Indxx Global Agriculture Index is a market capitalization weighted index designed to measure the performance of companies which are directly or indirectly engaged in improving agricultural yields.
  • Each security in the index must meet certain eligibility criteria based on liquidity and size.
  • Companies may generally be domiciled in any country, including emerging markets, subject to certain exclusions determined by the Index Provider based on certain criteria.
  • Securities in the agriculture sector are selected and the index is comprised of farmland companies and firms involved in chemicals & fertilizers, seeds, irrigation equipment, and farm machinery.
  • The Index is reconstituted annually in March and is rebalanced quarterly in June, September, December and March.
Fund Overview
Fund TypeAgriculture
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon
Fiscal Year-End09/30
Inception Price$150.00
Inception NAV$150.00
Rebalance FrequencyQuarterly
Expense Ratio0.70%
Current Fund Data (as of 8/21/2019)
Closing NAV1$22.42
Closing Market Price2$22.28
Bid/Ask Midpoint$22.36
Bid/Ask Discount0.29%
Total Net Assets$3,137,306
Outstanding Shares139,928
Daily Volume1,345
Average 30-Day Daily Volume683
Closing Market Price 52-Week High/Low$26.91 / $21.29
Closing NAV 52-Week High/Low$26.90 / $21.36
Number of Holdings42
Fund Characteristics (as of 7/31/2019)7
Maximum Market Cap.$61,835
Median Market Cap.$7,248
Minimum Market Cap.$816
Price/Cash Flow8.26
Top Holdings (as of 8/21/2019)
Holding Percent
Bayer AG 12.35%
Deere & Company 10.28%
BASF SE 9.32%
DuPont de Nemours Inc. 9.22%
Corteva Inc. 4.79%
Nutrien Ltd. 4.22%
Dow Inc. 3.75%
Kubota Corporation 3.73%
Wilmar International Limited 3.69%
PETRONAS Chemicals Group Bhd 2.86%

Holdings are subject to change.

Top Country Exposure (as of 8/21/2019)
Country Percent
United States 39.33%
Germany 24.85%
Japan 7.92%
Canada 4.24%
Singapore 3.71%
India 3.69%
Malaysia 2.88%
United Kingdom 2.72%
Norway 2.43%
Bermuda 1.63%
NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 8/22/2019)3$0.2000
30-Day SEC Yield (as of 7/31/2019)42.13%
12-Month Distribution Rate (as of 7/31/2019)52.30%
Index Yield (as of 7/31/2019)62.90%
Bid/Ask Midpoint vs. NAV (as of 6/30/2019)
Number of Days Bid/Ask Midpoint Above NAV
Quarter Ended 0-49
Basis Points
Basis Points
Basis Points
Basis Points
6/30/2019 2 0 1 0
3/31/2019 1 0 0 0
12/31/2018 14 0 0 0
9/30/2018 44 0 0 0
Number of Days Bid/Ask Midpoint Below NAV
Quarter Ended 0-49
Basis Points
Basis Points
Basis Points
Basis Points
6/30/2019 58 2 0 0
3/31/2019 60 0 0 0
12/31/2018 44 5 0 0
9/30/2018 19 0 0 0

The price used to calculate market return is determined by using the midpoint between the highest bid and the lowest offer on the stock exchange, on which shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated.

Top Sector Exposure (as of 8/21/2019)
Materials 58.28%
Industrials 21.48%
Health Care 12.42%
Consumer Staples 5.91%
Consumer Discretionary 1.91%
Month End Performance (as of 7/31/2019)
  3 Month YTD 1 Year 3 Year 5 Year 10 Year Since
Fund Performance *
Net Asset Value (NAV) -3.23% 5.42% -11.33% 4.65% -17.97% N/A -16.87%
After Tax Held -3.56% 4.92% -12.14% 3.91% -18.53% N/A -17.33%
After Tax Sold -1.91% 3.21% -6.70% 3.26% -12.38% N/A -10.01%
Market Price -3.20% 5.38% -11.77% 4.77% -18.06% N/A -16.89%
Index Performance **
Indxx Global Agriculture Index -2.45% 6.41% -10.37% 5.69% N/A N/A N/A
MSCI All Country World Materials Index -0.69% 12.12% -5.00% 8.82% 2.12% N/A 2.23%
MSCI All Country World Index 0.52% 16.57% 2.95% 10.17% 6.48% N/A 8.27%
Quarter End Performance (as of 6/28/2019)
  3 Month YTD 1 Year 3 Year 5 Year 10 Year Since
Fund Performance *
Net Asset Value (NAV) 4.22% 8.35% -6.24% 6.94% -17.05% N/A -16.77%
After Tax Held 3.87% 7.84% -7.10% 6.19% -17.61% N/A -17.23%
After Tax Sold 2.50% 4.94% -3.71% 5.04% -11.85% N/A -10.00%
Market Price 4.37% 8.37% -6.54% 7.02% -17.18% N/A -16.78%
Index Performance **
Indxx Global Agriculture Index 4.61% 8.84% -5.63% 7.96% N/A N/A N/A
MSCI All Country World Materials Index 3.66% 15.17% 0.03% 12.34% 2.67% N/A 2.54%
MSCI All Country World Index 3.61% 16.23% 5.74% 11.62% 6.16% N/A 8.31%
3-Year Statistics (as of 7/31/2019)
  Standard Deviation Alpha Beta Sharpe Ratio Correlation
FTAG 14.86% -6.26 1.18 0.28 0.88
MSCI All Country World Materials Index 13.33% -1.33 1.04 0.59 0.87
MSCI All Country World Index 11.15% --- 1.00 0.80 1.00
Standard Deviation is a measure of price variability (risk). Alpha is an indication of how much an investment outperforms or underperforms on a risk-adjusted basis relative to its benchmark.Beta is a measure of price variability relative to the market. Sharpe Ratio is a measure of excess reward per unit of volatility. Correlation is a measure of the similarity of performance.

*Performance data quoted represents past performance. Past performance is not a guarantee of future results and current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares when sold or redeemed, may be worth more or less than their original cost.

After Tax Held returns represent return after taxes on distributions. Assumes shares have not been sold. After Tax Sold returns represent the return after taxes on distributions and the sale of fund shares. Returns do not represent the returns you would receive if you traded shares at other times. Market Price returns are based on the midpoint of the bid/ask spread on the stock exchange on which shares of the fund are listed for trading as of the time that the fund’s NAV is calculated. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

**Performance information for the Indxx Global Agriculture Index is for illustrative purposes only and does not represent actual fund performance.
Indexes do not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown. Indexes are unmanaged and an investor cannot invest directly in an index.

On December 18, 2015, the fund's underlying index changed from the ISE Global Platinum Index to the Indxx Global Agriculture Index. Therefore, the fund's performance and historical returns shown for the periods prior to this date are not necessarily indicative of the performance that the fund, based on its current index, would have generated.

MSCI All Country World Materials Index - The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the materials sector performance of developed and emerging markets.

MSCI All Country World Index - The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of developed and emerging markets.

1 The NAV represents the fund's net assets (assets less liabilities) divided by the fund's outstanding shares .
2 Fund shares are purchased and sold on an exchange at their market price rather than net asset value (NAV), which may cause the shares to trade at a price greater than NAV (premium) or less than NAV (discount).
3 Most recent distribution paid or declared to today's date. Subject to change in the future. There is no guarantee that the fund will declare dividends.
4 The 30-day SEC yield is calculated by dividing the net investment income per share earned during the most recent 30-day period by the maximum offering price per share on the last day of the period and includes the effects of fee waivers and expense reimbursements, if applicable.
5 12-Month Distribution Rate is calculated by dividing the sum of the fund's trailing 12-month ordinary distributions paid or declared by the NAV price. Distribution rates may vary.
6 Index yield represents the weighted average trailing 12-month dividend of the constituents of the Indxx Global Agriculture Index.
7 All market capitalization numbers are in USD$ Millions.
8 Inception Date is 3/11/2010

You should consider the fund's investment objectives, risks, and charges and expenses carefully before investing. You can download a prospectus or summary prospectus, or contact First Trust Portfolios L.P. at 1-800-621-1675 to request a prospectus or summary prospectus which contains this and other information about the fund. The prospectus or summary prospectus should be read carefully before investing.

ETF Characteristics

The fund lists and principally trades its shares on The Nasdaq Stock Market LLC.

The fund's return may not match the return of the Indxx Global Agriculture Index.  Securities held by the fund will generally not be bought or sold in response to market fluctuations.

Investors buying or selling fund shares on the secondary market may incur customary brokerage commissions. Market prices may differ to some degree from the net asset value of the shares. Investors who sell fund shares may receive less than the share's net asset value. Shares may be sold throughout the day on the exchange through any brokerage account. However, unlike mutual funds, shares may only be redeemed directly from the fund by authorized participants, in very large creation/redemption units. If the fund's authorized participants are unable to proceed with creation/redemption orders and no other authorized participant is able to step forward to create or redeem, fund shares may trade at a discount to the fund's net asset value and possibly face delisting.

Risk Considerations

The fund's shares will change in value, and you could lose money by investing in the fund. One of the principal risks of investing in the fund is market risk. Market risk is the risk that a particular stock owned by the fund, fund shares or stocks in general may fall in value. There can be no assurance that the fund's investment objective will be achieved.

The fund may invest in securities issued by companies concentrated in a particular sector which involves additional risks including limited diversification. The fund may invest in small capitalization and mid capitalization companies. Such companies may experience greater price volatility than larger, more established companies.

An investment in a fund containing securities of non-U.S. issuers is subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers. These risks may be heightened for securities of companies located in, or with significant operations in, emerging market countries. The fund may invest in depositary receipts which may be less liquid than the underlying shares in their primary trading market.

Investing in securities of German companies involves risks, including significant demographic challenges to sustained long-term growth, low fertility rates and declining net immigration putting pressure on the country's social welfare system, and the costly and time-consuming modernization and integration of the eastern German economy. Additionally, the European sovereign-debt crisis has resulted in a weakened Euro and has put into question the future financial prospects of Germany and the surrounding region.

Companies involved in the agriculture business and farming-related activities may be affected by certain legislative or regulatory developments related to food safety, the environment, taxes and other governmental policies.

Changes in currency exchange rates and the relative value of non-U.S. currencies will affect the value of the Fund's investment and the value of Fund shares.

Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the value of an investment in the Fund may change quickly and without warning and you may lose money.

Large inflows and outflows may impact the fund's market exposure for limited periods of time.

The fund is classified as "non-diversified" and may invest a relatively high percentage of its assets in a limited number of issuers. As a result, the fund may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly concentrated in certain issuers.

First Trust Advisors L.P. is the adviser to the fund. First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.

The First Trust Indxx Global Agriculture ETF is not sponsored, endorsed, sold or promoted by Indxx, LLC. Indxx, LLC makes no representation or warranty, express or implied, to the owners of the fund or any member of the public regarding the advisability of trading in the fund. Indxx, LLC's only relationship to First Trust is the licensing of certain trademarks and trade names of Indxx, LLC and the Indxx Global Agriculture Index which is determined, composed and calculated by Indxx, LLC without regard to First Trust or the fund.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2019 All rights reserved.