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 the Indxx 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 6/24/2021)
Closing NAV1$29.82
Closing Market Price2$29.84
Bid/Ask Midpoint$29.84
Bid/Ask Premium0.07%
30-Day Median Bid/Ask Spread (as of 6/23/2021)30.22%
Total Net Assets$5,663,839
Outstanding Shares189,928
Daily Volume1,540
Average 30-Day Daily Volume2,858
Closing Market Price 52-Week High/Low$32.33 / $18.98
Closing NAV 52-Week High/Low$32.15 / $19.07
Number of Holdings (excluding cash)51
Top Holdings (as of 6/24/2021)*
Holding Percent
Deere & Company 10.29%
BASF SE 9.80%
Bayer AG 9.75%
Nutrien Ltd. 5.88%
Corteva Inc. 4.55%
Kubota Corporation 4.32%
CNH Industrial N.V. 3.86%
Industries Qatar Q.S.C. 3.73%
Wilmar International Limited 3.72%
Evonik Industries AG 2.70%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 6/25/2021)4$0.2419
30-Day SEC Yield (as of 5/28/2021)51.21%
12-Month Distribution Rate (as of 5/28/2021)61.41%
Index Yield (as of 5/28/2021)72.44%
For funds with certain equity strategies, due to the negative economic impact across many industries caused by the COVID-19 outbreak, certain of the issuers of the securities included in the fund may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "12-Month Distribution Rate," which is based on the fund's trailing 12-month ordinary distributions, will likely be higher, and in some cases significantly higher, than the actual 12-month distribution rate achieved by the fund.
Fund Characteristics (as of 5/28/2021)9
Maximum Market Cap.$112,642
Median Market Cap.$7,554
Minimum Market Cap.$964
Price/Cash Flow13.64
Top Country Exposure (as of 6/24/2021)
Country Percent
United States 29.38%
Germany 22.73%
Japan 8.67%
India 7.73%
Canada 5.88%
United Kingdom 3.86%
Qatar 3.73%
Singapore 3.72%
Malaysia 2.65%
Norway 2.55%
Bid/Ask Premium/Discount (as of 6/24/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 37 34 48 ---
Days Traded at Discount 216 27 11 ---
Top Sector Exposure (as of 6/24/2021)
Materials 52.28%
Industrials 29.42%
Health Care 9.75%
Consumer Staples 6.26%
Consumer Discretionary 2.29%
Hypothetical Growth of $10,000 Since Inception (as of 6/23/2021) *

Month End Performance (as of 5/28/2021)
  3 Month YTD 1 Year 3 Year 5 Year 10 Year Since
Fund Performance *
Net Asset Value (NAV) 7.74% 18.52% 68.82% 7.00% 10.10% -13.39% -11.82%
After Tax Held 7.74% 18.52% 67.44% 6.09% 9.34% -13.94% -12.34%
After Tax Sold 4.58% 10.96% 40.49% 4.91% 7.59% -8.45% -7.47%
Market Price 7.72% 19.31% 69.06% 6.92% 10.29% -13.35% -11.80%
Index Performance **
Indxx Global Agriculture Index 7.82% 18.99% 70.91% 7.96% 11.12% N/A N/A
MSCI ACWI Materials Index 13.86% 17.06% 61.10% 13.19% 16.07% 4.15% 5.71%
MSCI ACWI Index 8.78% 10.79% 41.78% 13.84% 14.16% 9.58% 10.12%
Quarter End Performance (as of 3/31/2021)
  3 Month YTD 1 Year 3 Year 5 Year 10 Year Since
Fund Performance *
Net Asset Value (NAV) 14.68% 14.68% 89.16% 6.59% 9.75% -14.22% -12.25%
After Tax Held 14.68% 14.68% 87.61% 5.69% 8.99% -14.77% -12.77%
After Tax Sold 8.69% 8.69% 52.52% 4.61% 7.30% -8.81% -7.69%
Market Price 15.19% 15.19% 88.95% 6.60% 10.09% -14.27% -12.25%
Index Performance **
Indxx Global Agriculture Index 15.06% 15.06% 91.61% 7.77% 10.77% N/A N/A
MSCI ACWI Materials Index 6.37% 6.37% 76.62% 10.48% 14.45% 3.15% 4.88%
MSCI ACWI Index 4.57% 4.57% 54.60% 12.10% 13.21% 9.14% 9.70%
3-Year Statistics (as of 5/28/2021)
  Standard Deviation Alpha Beta Sharpe Ratio Correlation
FTAG 24.09% -8.19 1.24 0.34 0.93
MSCI ACWI Materials Index 21.30% -1.65 1.13 0.62 0.95
MSCI ACWI Index 17.98% --- 1.00 0.73 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 determined by using the midpoint of the national best bid offer price ("NBBO") 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 ACWI 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 ACWI 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 The median bid-ask spread is calculated by identifying the national best bid and national best offer ("NBBO") for the fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
4 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.
5 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.
6 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.
7 Index yield represents the weighted average trailing 12-month dividend of the constituents of the Indxx Global Agriculture Index.
8 Distribution Rate is calculated by dividing the fund's most recent ordinary distribution paid or declared, on an annualized basis, by the NAV price. Distribution rates may vary.
9 All market capitalization numbers are in USD$ Millions.
10 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 security owned by the fund, fund shares or securities in general may fall in value. There can be no assurance that the fund's investment objective will be achieved. The outbreak of the respiratory disease designated as COVID-19 in December 2019 has caused significant volatility and declines in global financial markets, which have caused losses for investors. While the development of vaccines has slowed the spread of the virus and allowed for the resumption of "reasonably" normal business activity in the United States, many countries continue to impose lockdown measures in an attempt to slow the spread. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.

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.

Indxx and Indxx Global Agriculture Index (“Index”) are trademarks of Indxx, LLC (“Indxx”) and have been licensed for use for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by Indxx and Indxx makes no representation regarding the advisability of trading in such product. The Index is determined, composed and calculated by Indxx without regard to First Trust or the Fund.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value